Letter from the President
To my colleagues in the Management Accounting Section of the AAA,
As my term begins, I’d like to provide a summary of the state of our Section. Below are updates on significant current and new MAS activities, and on our financial condition and fee changes that will take effect in 2019-2020. I’ve included names of some who lead these activities, but for those whose names are not mentioned, please know that it’s not because your efforts are not appreciated – it’s because we have over 135 volunteer positions staffed by more than 110 people so it’s simply impossible to list all the great things you do!
The MAS has long had its own distinct culture. Our colleagues have diverse research and teaching interests, geographies, tenure in the academy and experiences prior to joining it, personal stories, and more. We support and sustain each other without judgment, and realize the pie of opportunities for us is not fixed. MAS dues help that culture thrive through a variety of activities that forge connections between our members. I hope each of you receive the abundant professional and personal value from the MAS that I do.
Speaking of activities, be sure to:
- nominate your colleagues for our various awards (in October you’ll receive a call for nominations for several of these);
- add the October 19-20 MAS / IMA Teaching Case Conference and the January 3-5 Midyear Meeting to your plans (registration is open for both); and,
- respond to President-Elect Alan Webb’s call for 2019-20 volunteers that you’ll receive in early 2019.
Finally, please congratulate our colleagues who won these awards at the Annual Meeting.
- Jim Bulloch Award for Innovations in Management Accounting Education (sponsored by the IMA) - Gail Hoover King, Kimberly Church, and Kelvie Crabb, for Launch Learning: A Compendium of Cases for Students to Create, Collaborate and Comprehend Managerial Accounting
- Dissertation Award (sponsored by the IMA)
- winner: Eunhee Kim, for The Market for Reputation: Repeated Career Concerns and Matching (supervisors: Carlos Corona, Jonathan Glover)
- runner up: Henry Eyring, for Disclosing Physician Ratings: Performance Effects and the Difficulty of Altering Ratings Consensus (supervisor: Dennis Campbell)
- Best Early-Career Researcher in Management Accounting (sponsored by the AICPA) – Henry Friedman
- Best Management Accounting Paper at the AAA Annual Meeting – Arthur Morris, for The Relationships Between Risky Projects, Convex Compensation, and Project Selection: Evidence from the War on Terror
- Notable Contribution to Management Accounting Literature – Shane Dikolli, William Mayew, and Dhananjay Nanda, for CEO Tenure and the Performance-Turnover Relation
I look forward to seeing you at our upcoming meetings. In the meantime, let me know if you have questions about the MAS or the information below. And thank you for the privilege of serving you this coming year.
All the best,
Anne M. Farrell
AAA MAS President
PricewaterhouseCoopers Professor of Accountancy
Farmer School of Business, Miami University
Updates on Current MAS Activities
- JMAR’s profile continues to rise, thanks to the diligent work of the recent Senior Editors, including Karen Sedatole. The number of issues has increased; the journal is listed on Thompson Reuters’ Emerging Resources Citation Index (an entry to SSCI); there’s been tremendous interest in the special issues; and Senior Editors have led a concerted and successful effort to raise the journal’s impact and visibility around the world.
- Each year, we have near-capacity attendance at the MAS / IMA Doctoral Colloquium, generously supported by the IMA. Colloquium leaders, most recently Andrew Newman, Bart Dierynck, and Willie Choi, consistently create stellar programs lead by faculty across a variety of ranks and areas of research expertise.
- Likewise, the Midyear Meeting is consistently well-attended, and the organizers, most recently Clara Chen, Michal Matejka, and Matthias Mahlendorf, develop outstanding programs. The recently-added JMAR conference brings all attendees together to hear the insights about a particular set of studies; the concurrent sessions feature a variety of research topics and methodologies (thanks to your submissions!) matched into interesting sets, and the panels showcase different viewpoints on important topics.
- The Midyear Meeting now includes the MAS / CGMA Teaching Symposium, generously supported by the AICPA. Since its inception, the Symposium has attracted colleagues who don’t typically attend the Midyear Meeting and enhances the teaching portfolios of those who do. Given the breadth of activities in a given year’s Symposium, it’s designed by a committee, recently led by Tim West, Margaret Christ, and Tim Mitchell.
- The MAS/IMA Teaching Case Conference, generously supported by IMA, was recently re-introduced. The Conference features both teaching innovations and advice on how to incorporate them into your courses. Recently led by Ann Dzuranin, Margaret Shackell, and Steve Smith, the Conference broke even shortly after its re-inception.
- Annual meeting organizers, most recently Susan Kulp, Ivo Tafkov, and Isabella Grabner, have developed programs with diverse research topics and methodologies. This year’s program featured “Paper Dialogue” sessions for the first time.
- Volunteers throughout the section, and particularly International Director Kari Lukka and his team, have worked hard to promote diversity in research perspectives and to reach colleagues outside of the U.S. to learn how the MAS can add value for their work.
New MAS Activities
Look for more information on the work of the following teams as the year progresses.
- You may recall that Sue Haka generously used her prize for the Lifetime Contribution Award to establish a fund to support management accounting Ph.D. students, and others quickly contributed to the fund as well. A new task force, led by Ella Mae Matsumura, is developing a sustainable program to grow the fund and identify way it can be used to support our members.
- Several volunteers are developing ideas to expand research-practice connections. This includes Andrea Drake, who serves in the new Editorial Liaison to Practice position, and a task force led by Lynn Hannan.
- A new data analytics task force, led by Ann Dzuranin, is crafting activities the MAS can implement to help members integrate data analytics into their teaching and research.
MAS Financial Condition and Fee Changes
It’s no secret that the MAS leadership team has struggled with understanding our financial reports from the AAA for quite some time, and as we worked through this we learned that we had less free cash flow than reports suggested. The good news is that we now have a sound grasp of our financial position and a stronger working relationship with AAA headquarters on this issue. Through this period, financial conservatism became our top priority. We implemented tighter budgeting and cost control procedures and now see their positive effects on our cash position.
However, belt-tightening can’t stop. The fact is that our Section’s cash reserves have dwindled significantly to cover, for example, rising facility, meal, and technical support costs for conferences; SSRN support for the Midyear Meeting; and production costs for JMAR. As such, these new fees will take effect in 2019-20, but these are largely comparable to, or lower than, similar fees for other AAA sections.
- Starting January 1, 2019, a $75 Journal of Management Accounting Research submission fee (from $50).
- JMAR publishes more issues each year, and production cost are rising.
- Starting with 2020 membership renewals, a $50 JMAR hard copy fee (from $10)
- Electronic access to JMAR is still included with membership; this affects only those members who opt to receive a hard copy of each issue in the mail.
- Starting with the 2020 Midyear Meeting, a $50 manuscript submission fee (from $0).
- We currently use SSRN for Midyear Meeting submissions, and the costs of on-site tech support are continually rising.
- Starting with the 2020 Midyear Meeting, a $100 Ph.D. students fee (from $0) to attend the Midyear Meeting.
- The Doctoral Colloquium is still generously supported by our partners at the IMA; the new fee covers a portion of students’ food and beverage costs for the Research Conference and Teaching Symposium components of the Midyear Meeting.
Don’t take these changes as a sign that the MAS financial position is grim. To the contrary, they’re important for sound stewardship of our dues so that the Section remains financially sustainable – and the value you receive from your membership continues to increase.