accounting

the hands of two different people hover over a laptop, as if one person is explaining something to another person

Jun 6, 2024

How to Build a Team of ‘Appropriately Skeptical’ Financial Statement Auditors

Rewarding skepticism is associated with an increased likelihood of identifying potential fraud during the auditing process.

Building blocks show names of corporate entity types: LLC, INC, partnership, s-corp, sole prioprieter.

May 31, 2024

The ABCs of LLCs (and C and S Corps, Too)

An entrepreneur’s choice of business entity type affects everything from taxes to legal liability. Poole College scholars analyze the options for organizing.

May 31, 2024

Gambling Taxes Hit Low-Income Bettors Hardest

North Carolina taxes online gambling winnings, but losses aren’t deductible. That hits low-income payers hardest, a Poole College professor says.

May 8, 2024

Poole Researchers Uncover Tax Costs of Gambling

N.C. gamblers may pay taxes on bets, win or lose. A 2015 law is the reason, Poole scholars say.

May 8, 2024

Why Does N.C. Tax Online Sports Bets Differently? Poole Explains.

In reporting from ABC-11 News, Poole College researchers explain why North Carolina taxes online and in-person sports gambling winnings differently. The distinction, said associate economics professor Nathan Goldman, is in what constitutes a gambling “session.” In a casino, a session begins when you walk in and ends when you cash out. It could contain multiple…

Professor Joseph Brazel talks to a gathering of scholars in an auditorium

May 7, 2024

Costly Skepticism in the Auditing Industry

Skepticism is a foundational characteristic for financial statement auditors, and it needs reinforcement. But Joseph Brazel, Jenkins Distinguished Professor of Accounting in the Poole College of Management, has found evidence that supervising auditors sometimes discourage their subordinates’ skepticism by fixating on the cost of investigations that don’t identify misstatements in the financial statements. Brazel calls…

May 4, 2024

N.C. Gov. Cooper Weighs In on Sports Gambling Research by Poole College’s Goldman, Lewellen

After the Poole College researchers revealed the implications of North Carolinians being unable to itemize their gambling losses, N.C. Gov. Roy Cooper calls for the state's legislature to "fix" the issue.

Apr 28, 2024

Poole Researchers Reveal Tax Implications of Sports Betting in North Carolina

A TV news segment highlights research by economists Nathan Goldman and Christina Lewellen on the tax implications of sports betting in North Carolina.

hand holding phone with sports gambling on screen

Apr 24, 2024

An Unexpected Tax Burden: How North Carolina Will Tax Your Gambling Income Even if You Have Net Losses

Poole College's Nathan Goldman and Christina Lewellen examine the implications of North Carolinians being unable to itemize their gambling losses and what that means for them as they bet on sports in North Carolina.

Securities and Exchange Commission building in Washington, D.C.

Apr 8, 2024

Whited, Burd Examine SEC Climate Disclosure Amendment

Poole College's Rob Whited and Carly Burd examine a recent Securities and Exchange Commission rule change related to public companies' climate disclosures.