Larocque Earnings Paper Accepted at CAR
Stephannie Larocque's paper, "On the Informativeness of Unexpected Exclusions from Street Earnings," has been accepted for publication by Contemporary Accounting Research.…
News
Welcome New Faculty
We'd like to welcome our new faculty. Read below to get to know them better.
John Aland, Visiting Assistant Professor
AREAS OF INTEREST: Financial institutions, financial reporting, equity crowdfunding, voluntary disclosure.
RESEARCH: "My research looks at the behaviors of traditional and non-traditional financial institutions. As an auditor, I developed a deep understanding of the banking industry that has helped inform my research focused on the behavior of these institutions. As I looked more into these institutions, I also developed an interest in how firms fund their operations when traditional sources of financing aren't available, which led me to equity crowdfunding. It has been really interesting getting to make connections with people in the equity crowdfunding industry, and helping to contribute to our overall knowledge about the democratization of financing for startup firms."…
Imdieke Wins Wildman Medal at AAA Conference
Andy Imdieke won the Deloitte Foundation Wildman Medal at the annual AAA conference. The medal is presented to to the author(s) of the article, monograph, book or other work, reflecting the results of their research or the application of the research of others, published during the five calendar years preceding the year of the award which is judged to have made or will be likely to make the most significant contribution to the advancement of the practice of public accountancy.
The paper, "The Revival of Large Consulting Practices at the Big 4 and Audit Quality…
Donovan Paper Accepted at TAR
John Donovan's paper titled "Does Recognition versus Disclosure Affect Debt Contracting? Evidence from SFAS 158" was accepted for publication by The Accounting Review. …
Imdieke Quoted in WSJ Article: The Accountant Shortage Is Showing Up in Financial Statements
Andy Imdieke, speaking to the Wall Street Journal about the shortage of accountants said, “This is an economic shock where larger companies are not able to fill these roles as opposed to choosing not to fill these roles.” Read the full Wall Street Journal…
Imdieke Research Published in Contemporary Accounting Research
Andrew Imdieke's paper Does the Presence of an Internal Control Audit Affect Firm Operational Efficiency? has been accepted at Contemporary Accounting Research
This study finds that small firms with internal controls over financial reporting (ICFR) audits have higher operational efficiency than small firms without ICFR reports, regardless of underlying internal control strength. The effect manifests through improved inventory turnover and innovation and increased relative product market share. The results provide additional evidence on the ongoing cost and benefit debate of ICFR audits for small firms, which is especially important given recent SEC regulatory amendments that exempt additional small firms from ICFR audits.…
Faculty Retirements
The following faculty members who are transitioning to emeritus status this year collectively represent 136 years of teaching and research excellence:
Chao-Shin Liu, associate professor of Accountancy, joined Notre Dame in 1998. Chao won numerous teaching awards during his tenure and published research in the area of market reactions to public information.…
White Research Accepted by the Journal of Accounting & Economics
Hal White's paper, Spillover Effects of Mandatory Portfolio Disclosures on Corporate Investment, was accepted by the Journal of Accounting & Economics.
The researchers find that investment sensitivity to stock price declines for firms with significant ownership held by actively managed funds that have to disclose their portfolio investments more frequently. The effect is concentrated among firms that are (i) owned by funds with larger expected proprietary costs and (ii) more likely to learn from the information in price. The results suggest that portfolio disclosure requirements for money managers have spillover effects on corporate investment by curtailing corporate managers’ opportunities to learn from their firms’ stock price.…
Awards Announced
Mendoza Outstanding Professor Awards honor the faculty members in each department who exhibit sustained excellence in undergraduate teaching in her or his discipline.
James Dincolo Outstanding Undergraduate Professor Award – Accountancy
- James Wittenbach, Professor of Accountancy
James Dincolo Outstanding Teaching Awards…
White Paper Accepted in JAE
Accountancy's Hal White's paper "Spillover Effects of Mandatory Portfolio Disclosures on Corporate Investment” was accepted by the Journal of Accounting & Economics.…
Watkins Research Featured
Accountancy's Jessica Watkins' new research was featured in the Accounting Today article, Companies distract from bad news with unrelated news.…
Imdieke Wins American Accounting Association's 2023 Deloitte Foundation Wildman Medal Award
Andy Imdieke, assistant professor of Accountancy, received the American Accounting Association's 2023 Deloitte Foundation Wildman Medal Award for his co-authored paper, “The Revival of Large Consulting Practices at the Big 4 and Audit Quality," published in the November 2020 issue of Accounting, Organizations and Society…
Watkins' Paper Accepted by TAR
The Accounting Review has accepted Jessica Watkins', Assistant Professor of Accountancy, paper Consequences of Prescribed Disclosure Timeliness: Evidence from Acceleration of the Form 8-K Filing Deadline . The paper examines an SEC regulatory change that accelerates the Form 8-K filing deadline. After the change, firms likely to be constrained by the accelerated deadline exhibit increases in information asymmetry between investors and investor disagreement at the 8-K filing date. Moreover, these increases appear to be attributable to a decline in 8-K disclosure detail. The findings shed light on the costs of a prescriptive approach to enhanced disclosure timeliness of ongoing disclosure. Congratulations, Jessie!…
Imdieke Wins Mendoza Mission Research Award Winner
Congratulations to Andy Imdieke, Assistant Professor of Accountancy for his winning research, The Distraction Effect of Non-audit Services on Audit Quality…
Donovan Promotion
John Donovan has been promoted to associate professor of Accountancy. John, who also is a PwC faculty fellow, researches financial accounting with a focus on the use of accounting and financial reporting in debt and equity markets. He has taught Measurement & Disclosure I and Data Analytics in Accounting. Prior to joining the faculty, John worked as a certified public accountant at PwC. A “Double Domer,” he earned his BBA and MSA from Notre Dame, and his Ph.D. from Washington University in St. Louis. Congratulations, John!…
The Accounting Review Board Adds ND Faculty
Accountancy's Stephannie Larocque and Andy Imdieke were invited to serve on The Accounting Review editorial board effective June 1.…
Donovan Paper Accepted in JAE
John Donovan's paper "Contracting in the Dark: The Rise of Public-Side Lenders in the Syndicated Loan Market" was accepted for publication in the Journal of Accounting and Economics. Congratulations, John!…
Donovan Paper Accepted in Management Science
John Donovan's (Assistant Professor of Accountancy) paper, Financial Reporting and Entrepreneurial Finance: Evidence from Equity Crowdfunding has been accepted in Management Science.
The study examines the role of accounting in entrepreneurial finance and provides evidence that greater financial statement disclosure increases capital raised through equity crowdfunding. The research also documents that financial reporting is incrementally more important in raising entrepreneurial capital when the firm has longer historical operations, during periods of greater macroeconomic uncertainty, and when complemented by other sources of non-financial disclosure.…
Imdieke Paper Accepted at CAR
Andy Imdieke's paper "Does the Presence of an Internal Control Audit affect Firm Operational Efficiency?" was accepted for publication in Contemporary Accounting Research. Congratulations, Andy!…
Badertscher Paper accepted by JAE
Brad Badertscher's, Deloitte Professor of Accountancy, paper, Assurance Level Choice, CPA Fees, and Financial Reporting Benefits: Inferences from U.S. Private Firms has been accepted by the Journal of Accounting & Economics
Many U.S. private firms choose either a financial statement compilation or review rather than the higher assurance provided by an audit, yet little is known about these choices. Brad and co-authors find that assurance choices are associated with bank debt, trade credit and internal information reliability. They explore economic aspects of assurance choice and find that CPA fees more than double for each increment in assurance, yet the financial reporting benefits are similar for audits and reviews.…