In some places, they're called 1099'ers, after the tax form on which their income is reported: People who do work for a corporation but are classified as independent contractors. Companies don't have to pay the employer share of Social Security taxes to contractors, who are also denied the right to unionize. Recently, the National Labor Relations Board and the IRS have been cracking down on companies that wrongly categorize employees as contractors. Read more ...
Accounting & Information Assurance
Giving Day returns to the University of Maryland on Thursday, March 3, giving all members of the Robert H. Smith School of Business community the opportunity to boost their contributions through several hourly contests held across campus. From noon until 2 p.m., the Smith faculty and staff’s donations will be eligible for an extra $3,000 prize to be awarded to the Smith School - if they can donate the most money of any on-campus unit within that timeframe.
Cybersecurity experts hired to lock down technology often overlook the vulnerability of another machine: the human brain. That was the warning of David Balenson, a senior computer scientist at SRI International, during the 12th annual Forum on Financial Information Systems and Cybersecurity, sponsored jointly by the University of Maryland’s School of Public Policy and Robert H. Smith School of Business.
Cyber attacks on companies worldwide increased by 48 percent from 2013 to 2014 as roughly 42.8 million data security breaches cost firms hundreds to potentially millions of dollars (according to this recent study). With cybercrime against organizations flourishing, researchers and senior executives from business and government agencies will engage in a daylong Forum on Financial Information Systems and Cybersecurity: A Public Policy Perspective on Jan. 13, 2016, in Van Munching Hall at the University of Maryland.
Yahoo announced on Wednesday that it was reversing course on a plan to spin off its stake in the Chinese e-commerce company Alibaba — shares worth more than $30 billion. Yahoo shareholders would like to be able to cash in some of that stake, but they face substantial taxes if they do so. Smith School accounting lecturer Samuel Handwerger explains the accounting logic. Read more...
The University of Maryland’s Robert H. Smith School of Business is pleased to present the Fourth Annual Smith School Business Summit on Friday, Nov. 13, 2015, at the Baltimore Marriott Inner Harbor at Camden Yards.
Musa Subasi, PhD, Assistant Professor of Accounting and Information Assurance, joined the Smith School in 2015. He earned a master’s degree in economics from the University of Texas at Austin and a PhD in accounting from the University of Texas at Dallas. Prior to joining the Smith School, Subasi was a faculty member at the University of Missouri-Columbia. He has taught undergraduate intermediate accounting classes. His research interests include economic consequences of investor conferences and institutional/individual trading activity around various corporate events.
Join the Robert H. Smith School of Business on December 20, 2015 as we celebrate the accomplishments of our graduates at the commencement ceremony.
The ceremony will take place in the Xfinity Center at the University of Maryland’s College Park campus. Tickets for the Smith ceremony are not required.
Journal of Accounting and Public Policy Conference
University of Maryland’s Robert H. Smith School of Business
May 29, 2014
“Accounting and Risk Management”
HIGHLIGHTS: Conference Explores Accounting and Risk Management
Research presented at the third annual Journal of Accounting and Public Policy Conference in College Park, Md., shows how the expectation of a safety net — which comes with strings attached — actually reins in shareholders and managers with limited liability. Read more.
The Journal of Accounting and Public Policy (JAPP) is pleased to hold the third of its annual conferences rotating among the IE Business School, the London School of Economics and Political Science and the University of Maryland’s Smith School of Business. The third conference will be held on May 29, 2014, at the University of Maryland’s Robert H. Smith School of Business in College Park, Maryland (less than 10 miles from downtown Washington, DC, with easy Metro access). The third conference will be focused around the theme of Accounting and Risk Management. A special issue of JAPP will be published based on the papers and related discussions presented at the Conference. Risk Management is best thought of as a process that consists of several phases, including identifying risks, determining methods for mitigating and transferring risks, and for controlling/responding to damages caused by risk not mitigated or transferred. The bursting of the dot com bubble, the accounting scandals at the turn of the century, and the recent financial crisis have heightened awareness of the importance of risk management and the role accounting plays in risk management.
- Alnoor Bhimani, London School of Economics and Political Science (London, UK)
- Salvador Carmona, IE Business School (Madrid, Spain)
- Lawrence A. Gordon, Robert H. Smith School of Business, University of Maryland (USA)
- Martin P. Loeb, Robert H. Smith School of Business, University of Maryland (USA)