Accounting

Hiring demand is up for all b-school disciplines, including accounting. According to the GMAC 2017 Corporate Recruiters Survey, "Overall, 89 percent of companies with plans to hire Master of Accounting graduates will maintain (52%) or increase (37%) the number of these graduates they hire in 2017 compared with 2016

CFOs and other corporate financial executives hate having part of their pay decided subjectively; they prefer formulas that rely on objective financial and non-financial targets to determine whether they receive their bonuses. That’s one of the key findings from the latest CFO Compensation Survey, sponsored by the American Institute of Certified Public Accountants and conducted by Michal Matejka, associate professor of accounting. Given widespread CFO dissatisfaction a sensible question is why so many companies continue to rely on it, Matejka says.

Accounting professionals face challenges when they decide how conservative to be in reporting a public company’s financial results. New research by Assistant Professor Shawn X. Huang shows that the degree of conservatism in these accounting decisions likely depends on the stiffness of competition in an industry and on a company’s position within its industry.

With seven new faculty hires this year, the School of Accountancy has bolstered its status as one of the nation's top accounting programs. "We are hiring in a strategically focused way to build on our strengths and to add depth in areas where we see opportunity," said Philip M. J. Reckers, director of the school and an accounting professor

When a company is struggling financially, its auditors feel their own kind of pain. Should the auditors issue a going-concern report, triggering possible selling by the company’s investors or financial backlash from its creditors, or should the auditors hold back and hope no one sues over a failure to warn of the company’s problems? It turns out that auditors fare better when they make the tougher decision, unpopular as it may be.