News

Burks Paper Accepted by JAPP

Author: Lorie Marsh

Please join me in congratulating Jeff Burks, whose paper, “Opaque Auditor Dismissal Disclosures: What Does Timing Reveal that Disclosures Do Not?,” co-authored with our former colleague and friend of the Department, Jennifer Stevens, has been accepted for publication by the Journal of Accounting and Public Policy

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Recent Scholarly Achievements

Author: Lorie Marsh

Please join me in congratulating John Donovan and Stephannie Larocque for their recent scholarly achievements:

 

John’s paper, "Private lenders’ use of analyst earnings forecasts when establishing debt covenant thresholds," coauthored with Jared Jennings (Washington University) and Andy Call (Arizona State University) has been accepted for publication at The Accounting Review

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2021 Teaching Award Recipients

Author: Lorie Marsh

Congratulations to the 2021 Teaching Faculty
 
2021 James Dincolo Outstanding Professor Award – Brian Levey
Rev. Edmund P. Joyce, C.S.C. Award for Excellence in Undergraduate Teaching – Michael Meyer
MSA Outstanding Professor Award – Keith Urtel
MNA Outstanding Professor Award – Ken Milani
MBA Outstanding Professor Award –

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New Faculty and Fon Farewells

Author: Lorie Marsh

The end of the 2020-2021 academic year saw us saying farewell to Asis Martinez-Jerez. Asis has joined the faculty of The Cornell School of Hotel Administration. Sam Ranzilla has joined the James Benjamin Department of Accounting – Texas A&M University’s Mays Business School.

We want to welcome 
Tim Morrison

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White Paper Accepted by RAST

Author: Lorie Marsh

Please join me in congratulating Hal White, whose paper, “Private Disclosure and Myopia: Evidence from the JOBS Act” (coauthored with Kimball Chapman and Badryah Alhusaini) has been accepted for publication in the Review of Accounting Studies. Here is the abstract:

 In this paper, we examine whether a regulatory shift allowing more private firm disclosure leads to less myopia. The Jumpstart Our Business Startups (JOBS) Act of 2012 permits a subset of firms to meet privately with potential investors in the months before an IPO, allowing them to provide information without proprietary cost concerns, leading to more complete disclosure. Consistent with a reduction in myopia, we find that these firms are less likely to manage earnings to beat short-term benchmarks, are punished less harshly by the market (via stock price declines) when they do miss the earnings benchmark, and provide fewer short-horizon forecasts. We also find that firm disclosures are less short-term focused, investors have longer holding periods than do those same investors in non-JOBS Act IPO firms and that these firms attract more long-term investors. Our results hold (i) across the subsample of firms for which other JOBS Act provisions were already present, and (ii) after controlling for those other provisions, consistent with private discussions acting as the primary mechanism. Our results are also strongest for firms with higher proprietary costs, consistent with private disclosure reducing myopia by reducing proprietary cost concerns. Collectively, this evidence suggests that when firms are able to privately disclose information to investors, both firms and investors become less myopic. 

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Milani & Rivera Receive IMA Certificate of Merit

Author: Lorie Marsh

Please join me in congratulating Ken Milani and Professor Emeritus Juan Rivera for being recognized with a Certificate of Merit by the Institute of Management Accountants for their article series, "Budgeting for International Operations," published in Strategic Finance, November 2020 through January 2021. Please see the citation in the attached bulletin. Congratulations, Ken and Juan!…

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Mittelstaedt Receives New Appointment

Author: Lorie Marsh

Please join me in congratulating Fred Mittelstaedt on his appointment as the KPMG Collegiate Professor of Accountancy. Below is an excerpt from Dean Martijn Cremers' appointment letter:

 

“A collegiate term chair honors a faculty member on the basis of his or her contribution to research and scholarship, teaching and learning, or service to the discipline and University.

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Levey and Urtel winners of teaching awards

Author: Lorie Marsh

Congratulations to Brian Levey for being selected as the 2021 recipient of the James Dincolo Outstanding Undergraduate Professor Award, and Keith Urtel for being selected as the 2021 recipient of the MSA Outstanding Professor Award. Congratulations Brian and Keith for these well-deserved recognitions!…

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Beardsley Paper Accepted at JAE

Author: Lorie Marsh

Congratulations to Erik Beardsley, whose paper, “What’s my target? Individual analyst forecasts and last-chance earnings management," co-authored with John Robinson (Texas A&M University) and Paul Wong (UC-Davis) has been accepted for publication at the Journal of Accounting and Economics. The paper is tentatively scheduled to be published in Volume 72, Number 1, August 2021. 

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ND Alums win AICPA award

Author: Lorie Marsh

The AICPA announced the 89 winners of the 2020 Elijah Watt Sells Award. To qualify for the award, CPA candidates must obtain a cumulative average score above 95.50 across all four sections of the CPA Examination, pass all four sections on their first attempt, and have completed testing in 2020. Below are the citations for Notre Dame’s award recipients:

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O'Brien Recognized By Students

Author: Lorie Marsh

Accountancy's Jamie O'Brien was recognized by students as the Club Advisor of the Year. He is the faculty advisor for the College Republicans and the student chapter of Turning Point USA at Notre Dame. According to Jamie, he has been the faculty advisor for the College Republicans ever since Abe Lincoln was elected as the first Republican president (actually for 9 years) and for Turning Point for 1 year (it is a new club). There are over 450 Notre Dame student clubs.…

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White receives JAR Award

Author: Lorie Marsh

Hal White, Vincent and Rose Lizzadro Professor of Accountancy, has been selected by the senior editors of the Journal of Accounting Research (JAR) to receive a “2020 Excellence in Refereeing Award.” This honor was presented to 15% - 20% of individuals who completed refereeing work for JAR over the past calendar year. Hal’s name and school affiliation will be listed in the June 2021 JAR

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Ranzilla on SEC

Author: Lorie Marsh

Accountancy's Sam Ranzilla participated in a live broadcast hosted by the Securities and Exchange Commission’s Historical Society on March 2, “Standing up the PCAOB: A Discussion with PCAOB’s Founding Board Members and Audit Profession." Sam presented as part of Panel II: Public Company Audit Firm Representatives.…

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Vera-Munoz Climate Risk Research Shared at SASB Conference

Author: Lorie Marsh

Accountancy's Sandra Vera Muñoz and co-authors presented their paper, "Climate Risk Materiality and Firm Risk," during the inaugural "SASB Alliance: Academic Series,” which took place virtually March 4-5. The global event was attended by academicians as well as practitioners from the Big 4 accounting firms, Moody's, Morningstar, Aon, Glass Lewis and others in the ESG investing and consulting industries.…

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Imdieke Joins Editorial Board

Author: Lorie Marsh

Accountancy's Andy Imdieke was invited to serve a three-year term on the editorial board at Auditing: A Journal of Practice and Theory. Congratulations, Andy!…

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