American Accounting Association

AUGUST 6-10, 2011  •  DENVER, COLORADO

AAA 2011 Award Recipients

AAA/Deloitte Wildman Medal Award
(Luzi Hail, Christian Leuz, Peter Wysocki)

Luzi Hail is the Harold C. Stott Assistant Professor of Accounting at the Wharton School of the University of Pennsylvania. His research interests focus on international accounting, disclosure regulation, cost of capital and the reporting behavior of private and public companies. His research has been published in The Accounting Review, the Journal of Accounting Research, the Journal of Financial Economics, and Accounting Horizons, and has won several awards, including the AAA's Notable Contributions to Accounting Literature Award. Prior to joining the Wharton School, Hail spent three years as a Visiting Scholar at the University of Washington in Seattle. Born in Switzerland, he earned his doctoral degree from the University of Zurich, where he later joined the Economics and Business faculty. He has also worked for two major Swiss banks in the areas of accounting and asset and liability management.

Christian Leuz, Joseph Sondheimer Professor of International Economics, Finance and Accounting at the University of Chicago's Booth School of Business. He is also a Co-Director of the Initiative on Global Markets, a Research Associate at the National Bureau of Economic Research and at the European Corporate Governance Institute. His research examines the role of corporate disclosures, accounting transparency and disclosure regulation in capital markets, corporate governance and corporate financing. His work has been published in the leading accounting and finance journals. He has received several awards including the Notable Contribution to the Accounting Literature Award. He is an associate editor for the Journal of Accounting and Economics and serves on the editorial board of Journal of Accounting Research, the Journal of Business, Finance and Accounting, and the Review of Accounting Studies. Born in Germany, Professor Leuz earned his doctoral degree and "Habilitation" at the Goethe University Frankfurt in Germany.

Peter Wysocki is an Associate Professor of Accounting at the University of Miami School of Business Administration. His research interests include the links between the institutions of market economies, international accounting, and the disclosures of U.S. and international firms. His widely-cited research has been published in the Journal of Accounting and Economics, the Journal of Accounting Research, Contemporary Accounting Research, the Journal of Financial Economics, and Accounting Horizons. Prior to joining the University of Miami, he was an associate professor at the MIT Sloan School of Management and an assistant professor at the University of Michigan Business School. He is an associate editor for the Journal of Accounting and Economics and also serves on the editorial board of the Journal of Accounting Research. He received his undergraduate degree from Queen's University (Canada), his MA in economics from the University of British Columbia, and his Ph.D. degree from the University of Rochester.


AAA/Grant Thornton Doctoral Dissertation Awards
for Innovation in Accounting Education

(Mark Maffett, Stephen Brown, Jeremy Michaels, Maria Loumioti and Ge Bai)

Mark Maffett is an Accounting Ph.D. student at the University of North Carolina at Chapel Hill. His research focuses on the economic effects of financial reporting transparency in international capital markets. His papers have been accepted for publication in the Journal of Accounting and Economics and Foundations and Trends in Accounting and presented at numerous international finance and accounting conferences. His dissertation work, chaired by Professor Mark Lang, examines the effects of corporate opacity on informed trading by international institutional investors. In 2010, he was awarded the one of ten Deloitte Foundation Doctoral Fellowships and was selected as the AAA's representative at the European Accounting Association Doctoral Consortium in Istanbul, Turkey. Prior to entering UNC's Ph.D. program, he earned a B.A. in Finance and an M.S. in Accounting from Wake Forest University and a M.A. in Humanities from the University of Chicago.

Stephen V. Brown is currently a student at the University of Florida, with an expected graduation date of August 2012. He received a Bachelor of Science in Computer Science and a Master of Business Administration, both from the University of North Florida. He worked in the IT industry as a programmer, database developer, and systems designer before becoming a CPA. Current research interests include the motivations, methods, and consequences of communicating via soft disclosures, with a focus on the auditor-client relationship, textual narratives, and conference calls. His research has been presented at various conferences and published in the Journal of Accounting Research. His dissertation uses narrative disclosures to examine the relationship between client similarities and characteristics of the audit market.

Jeremy Michels is currently studying towards his Ph.D. in accounting at the University of Colorado at Boulder. Prior to joining the doctoral program, he received his BS in finance from the University of Minnesota. Holding his CPA license in Minnesota, his professional experience includes consulting and internal audit work for Protiviti. His research interests include the role of voluntary disclosure in attenuating information asymmetries. Specifically, he has studied the role of voluntary disclosures in a peer-to-peer online lending marketplace. This study finds that unverifiable, voluntary disclosures appear to lower the costs of borrowing in this setting.

Maria Loumioti is a fourth-year doctoral candidate in the Accounting and Management unit at Harvard Business School. Her dissertation focuses on the role of intangible assets in reducing financing frictions in credit markets, exploring what factors alleviate information asymmetries and moral hazard inherent in intangible assets. Her dissertation advisers are Krishna Palepu, Paul Healy, Joseph Weber (MIT) and Victoria Ivashina. Maria's research interests lie in bank debt, corporate finance, accounting disclosure and corporate governance. Maria has served as a teaching assistant to Shrikant Datar, Paul Healy, V.G. Narayanan and Karthik Ramanna in Executive Education and MBA accounting courses. Prior to undertaking her doctoral studies, Maria worked as a financial analyst at Microsoft and Procter & Gamble. She received a Bachelor's degree with high honors in Business Administration from Athens University of Economics and Business, Greece.

Ge Bai is a doctoral student at Michigan State University's Eli Broad College of Business. She is currently working on her dissertation (chaired by Ranjani Krishnan), which examines the role of accounting experts on nonprofit boards. Her research interests include accounting and economic issues related to governance, decision-making, and reporting. She received a Bachelor of Science in Mechanical Engineering from Dalian University of Technology in China and a Master of Science in Accounting from Eastern Michigan University. She holds a CPA license. Before joining the doctoral program, she was a business process reengineering supervisor at Musashi North America Inc. Ge has taught cost accounting at MSU for which she won the Accounting Department's Student Excellence in Teaching Award in 2011. She also received the Accounting Department's Student Excellence in Research Award in 2008. She had a co-authored paper published in the Journal of Management Accounting Research in 2010.


Competitive Manuscript Award
(Panos N. Patatoukas)

Panos Patatoukas was born and raised in Athens, Greece. He completed his undergraduate studies at Athens University of Economics & Business and graduated Valedictorian. He spent a year at Lancaster University as an E.U. Erasmus Fellow. In 2004, he received his M.Sc. degree with Distinction from the London School of Economics & Political Science. Panos completed his doctoral studies at Yale University in 2010. His Ph.D. thesis adopts an integrative perspective on economic linkages among firms that calls for a joint exploration of elements of accounting, finance, operations management, and marketing research. In his award-winning paper, Panos examines whether and how customer-base structure affects supplier firm fundamentals. In contrast to the conventional wisdom, he provides novel evidence that efficiencies from coordination and collaboration along the supply chain dominate weaknesses in dealing with major customers and so customer-base concentration has a net positive impact on supplier firm performance and stock market valuation.


Distinguished Contribution to Accounting Literature Award
(Eric Hirst and Patrick Hopkins)

Eric Hirst is Associate Dean for Graduate Programs and the John Arch White Professor of Business at the McCombs School of Business at the University of Texas at Austin. He teaches MBA courses in financial reporting, financial statement analysis, and McCombs Global Connections courses. Eric has been recognized for teaching excellence in the MBA Core at McCombs and was recognized as Outstanding Teacher of Core Classes at INSEAD. His research centers on the role of financial reporting in investor and analyst judgment and decision making. His work is published in Journal of Accounting Research, The Accounting Review, Contemporary Accounting Research, and Organizational Behavior and Human Decision Processes. His monograph, Earnings: Measurement, Disclosure and the Impact on Equity Valuation, was distributed to over 32,000 members of the AIMR. He received the AAA Financial Reporting Section's 1999 "Best Paper Award" and the AAA Auditing Section's 2000-2001 "Notable Contributions to The Auditing Literature Award."

Patrick E. Hopkins is a professor and Deloitte Foundation Accounting Faculty Fellow at Indiana University's Kelley School of Business. He received his B.S. and M.Acc. from the University of Florida and his Ph.D. from the University of Texas at Austin. Professor Hopkins has been at IU since 1995, where he teaches undergraduate and graduate courses on financial reporting for mergers, acquisitions and changes in corporate structure. His research has appeared in top accounting journals, including The Accounting Review, the Journal of Accounting Research, Contemporary Accounting Research, and Accounting Organizations and Society. He is the past winner of the American Accounting Association's "Financial Accounting and Reporting Section Best Research Paper Award," the Indiana University "Outstanding Junior Faculty Award," and Kelley School of Business "Outstanding Research Award." Professor Hopkins has also won each of the top teaching awards in the Kelley School of Business.

Brief Description of Research Paper:
Hirst and Hopkins (1998) demonstrates that financial statement format influences the likelihood that professional securities analysts detect companies' earnings management activities. The study is distinctive in that it is heavily cited in published research articles and is cited by U.S. and international accounting standards setters in their deliberations on whether to change the current format of companies' income statements.


Accounting Horizons Best Paper Award
(John Dickhaut (deceased), Sudipta Basu, Kevin McCabe, Greg Waymire)

Sudipta Basu is an Associate Professor of Accounting in the Fox School of Business at Temple University since 2007. His research with Greg Waymire on the origins of accounting appears in Accounting Horizons, Accounting, Organizations and Society, Foundations and Trends in Accounting, and Proceedings of the National Academy of Sciences of the USA. An earlier paper, "Recordkeeping and Human Evolution," was voted the Best Paper in Accounting Horizons for 2006. Sudipta is an Associate Editor or Editorial Board Member of the Journal of Accounting and Economics, Contemporary Accounting Research, Journal of Business Finance and Accounting, China Journal of Accounting Research and Accounting, Economics and Law-A Convivium. Sudipta received his Ph.D. from the University of Rochester, and taught previously at Emory University and Baruch College, CUNY.

Kevin A. McCabe is Professor of Economics and Law and holds appointments at George Mason's Interdisciplinary Center for Economic Science, the Mercatus Center, and Krasnow Institute. Previous faculty appointments include Professor of Economics at the University of Arizona and Associate Professor of Accounting in the Carlson School of Management at the University of Minnesota. He has written or co-written over 50 articles on market design, industrial organization, game theory, monetary theory, behavioral economics, and experimental economics and has been co-principal investigator on many National Science Foundation grants, including a recent NSF study on "Brain Function and Economic Decision Making, 2001-2003."

He is an editorial board member for the Journal of Experimental Economics and has served as a US AID consultant in helping to establish an M.B.A. program at the Warsaw School of Economics in Poland. He is a Distinguished Research Fellow for the International Foundation for Research in Experimental Economics, and is a Research Fellow for the Gruter Institute for Law and Behavioral Research. He has been a Fellow in the Center for Political Economy at Washington University; a faculty affiliate member of the Center for Research in Learning, Perception, and Cognition at the University of Minnesota; and a faculty affiliate member of the Cognition and Neuroimaging Laboratories at the University of Arizona. His most recent co-written study was "e;A Functional Imaging Study of Cooperation in Two-Person Reciprocal Exchange," published in the Proceedings of the National Academy of Science.

Gregory Waymire is the Asa Griggs Candler Professor of Accounting at the Goizueta Business School at Emory University. He received a Bachelor's Degree with honors from Indiana University (1978) and a MBA (1980) and Ph.D. (1984) from the University of Chicago. He has been a member of the Goizueta faculty since 1990. His recent research investigates the economic function of basic accounting technologies such as recordkeeping, the relation between accounting principles and the brain's evaluation of exchange, and the spontaneous emergence of norms in accounting practice. His research has been published in the Journal of Accounting Research, The Accounting Review, Accounting, Organizations & Society, Accounting Horizons, Contemporary Accounting Research, Journal of Accounting and Economics, and Proceedings of the National Academy of Sciences, among others.


Innovation in Accounting Education Award
(Mark A. Holtzblatt and Norbert Tschakert)

The "IFRS Student Video Competition" between our two universities provided an experiential learning opportunity for 57 graduate level students. A total of 46 recognized accounting firm partners, standard-setters and professors located in six countries were interviewed by our students using 21st century communication technologies such as Skype, video teleconferencing and handheld camcorders. The result was the creation of a series of educational videos on IFRS, available on a Vimeo.com channel for the benefit of students and educators worldwide.

Norbert Tschakert is an Associate Professor of Accounting at the Bertolon School of Business at Salem State University. Norbert holds multiple Certifications in International Accounting and participated in creating the recently released AICPA IFRS Certificate. He has received various awards including the 2010 CAAA Howard Teall Innovation in Accounting Education Award. Norbert is a member of the AAA CTLA steering committee and presented the 2010 CTLA Master Class entitled "Expanding your Classroom with Video Technology and Social Media." His research interests are International Accounting, Forensic Accounting, Accounting Information Systems, and Auditing. His latest work has been published in Accounting Education: An International Journal and he is a contributing author for the forthcoming 2012 book entitled Teaching IFRS, published by Routledge. Norbert previously worked in Transaction Services for PricewaterhouseCoopers. He is a CPA, CFE and CFF.

Mark Holtzblatt is the Frederick Addy Associate Professor of Accounting and Finance at Roosevelt University in Chicago, teaching International Accounting at the graduate and undergraduate levels. Mark holds multiple certifications in IFRS and is the recipient of grants from the Purdue University CIBER (2010-2011) and PricewaterhouseCoopers (2009) to research the use of technology in teaching IFRS. He has received various awards including the "2010 CAAA Howard Teall Innovation in Accounting Education Award." He serves on the editorial review board of the Journal of Accounting Education and is a steering committee member for the AAA Conference on Teaching and Learning in Accounting (CTLA). His latest work has been published in Accounting Education: An International Journal and the book entitled Streaming Media Delivery in Higher Education, published by IGI Global in 2011. Mark earned his Ph.D. in Accounting from the University of Arkansas and he is a CPA in Illinois.


Issues in Accounting Education Best Paper Award
(Joshua G. Coyne, Scott L. Summers, Brady Williams, David A. Wood

Joshua Coyne is currently a Ph.D. student in Accounting at The University of North Carolina at Chapel Hill's Kenan-Flagler Business School. He holds Bachelor's and Master's degrees in Accounting from Brigham Young University. Joshua and his wife Emily have three sons, Guy, Leo, and Axel.

Scott L. Summers is a professor in the School of Accountancy at Brigham Young University. His focus is on databases and control within accounting information systems. Scott has served in many positions within the IS section of the AAA, including president. He has also served in many positions within the Information Systems Audit and Control Association including 3 years as the chair of the association's academic relations committee. Scott received his Ph.D. from Texas A&M University. He has published in Accounting Horizons, The Accounting Review, Behavioral Research in Accounting, Communications of the ACM, Contemporary Accounting Research, Decision Support Systems, IEEE, Information Science, Issues in Accounting Education, Journal of Information Systems, among others. He is married to Kelly Youngman. They are the parents of eight children.

Brady Williams graduated from Brigham Young University in 2009 and has spent the last two years working for Ernst & Young in their Salt Lake City tax practice. This fall, he will begin a Ph.D. program at the University of Washington. He is married to Becky Williams, and they have two energetic little boys — Caleb and Isaac.

David A. Wood currently works as an Assistant Professor in the Marriott School of Management at Brigham Young University. David completed his Ph.D. at the Kelley School of Business, at Indiana University. He received BS and MAcc degrees at Brigham Young University and a Masters of Business at Indiana University. David has published research in Accounting Horizons, The Accounting Review, Behavioral Research in Accounting, Contemporary Accounting Research, The CPA Today, Current Issues in Auditing, Issues in Accounting Education, Journal of Accountancy, International Journal of Entrepreneurship & Innovation, and Business Horizons. His research has won the following best paper awards: The inaugural "2007 Issues in Accounting Education Best Paper Award" and the "2009/2010 Glen McLaughlin Prize for Research in Accounting Ethics" from the University of Oklahoma. He is married to Cindy Lunt, and they have four children, Jessica, Bryan, Derek, and Emily.

Explanation of work:
This research ranks accounting programs based on the number of publications in top tier accounting research journals. We add to the ranking literature by creating separate rankings for accounting topical areas (accounting information systems, auditing, financial, managerial, tax, and other) and research methodologies (analytical, archival, experimental, and other). We have made the data accessible in a user friendly format at: http://www.rankings.byuaccounting.net.


Notable Contribution to Accounting Literature Award
(Joni J. Young)

Joni J. Young is the KPMG Professor of Accounting at the Anderson School of Management, University of New Mexico. She is also a Visiting Professor at the London School of Economics. Her research examines the social, historical and institutional environments of financial reporting and accounting standard-setting. Joni has published in various accounting journals including Accounting Organizations and Society, Accounting Auditing and Accountability and Critical Perspectives on Accounting. She serves on several editorial boards including Accounting Organizations and Society. In 2008, Joni received the "Outstanding Accounting Educator Award" from the New Mexico Society of Certified Public Accountants.


Outgoing Editor of The Accounting Review
(Steven J. Kachelmeier)

Steven J. Kachelmeier is the Randal B. McDonald Chair in Accounting at the McCombs School of Business, University of Texas at Austin, where he teaches auditing. Since earning his doctorate from the University of Florida in 1988, Professor Kachelmeier has published articles in several top academic journals, including The Accounting Review, Journal of Accounting Research, Review of Accounting Studies, Contemporary Accounting Research, and The American Economic Review, among others. His research applies the methods of experimental economics to information and incentive issues in financial accounting, management accounting, and auditing settings. From 2008 to 2011, Professor Kachelmeier served a three-year term as Senior Editor of The Accounting Review. Professor Kachelmeier and his wife Paula have three daughters: Karen, a middle-school band conductor in Leander, Texas, Nicole, an undergraduate business student at the University of Texas, and Sara, a sophomore at Westwood High School in Austin.


Outstanding Accounting Educator Award
(Theodore Jaye Mock)

Dr. Theodore J. (Ted) Mock is Distinguished Professor of Audit and Assurance at UC, Riverside and Professor of Auditing Research at Maastricht University. Ted has academic degrees from Ohio State and a doctorate from UC Berkeley. He has held academic appointments at UCLA; USC; Ohio State; the Norwegian School of Economics; Bond, ANU, and Melbourne in Australia; Otago in New Zealand; Maastricht in The Netherlands; and NTU and NUS in Singapore.

Ted's research interests lie primarily in the areas of audit judgment and evidential reasoning. His co-authored research on internal control and collaborative audit research were awarded the "AAA Wildman Award" and the "AICPA/AAA Collaboration Award." He has received the "AAA Auditing Section Outstanding Auditing Educator Award" and "ABO Notable Contribution Award."

Within the AAA, Ted has served as editor of AJPT, Director of Research, and Auditing Section President. He is currently chairman of the International Symposium on Audit Research.


Outstanding Service Award
(William F. Ezzell, CPA)

William F. Ezzell is the National Managing Partner for Legislative and Regulatory Relations with Deloitte LLP in Washington, D.C. He currently leads the legislative and regulatory activities of Deloitte LLP dealing with public policy matters that have an impact on the accounting profession. He was directly involved in the enactment and implementation of the Sarbanes-Oxley Act of 2002 and the Dodd/Frank Act of 2010, both of which have brought about significant change to the profession.

Bill served as Chairman of the AICPA from 2002-2003 and has also served as President of the Board of Trustees of the AICPA Foundation. In this capacity, he championed the establishment of the Accounting Doctoral Scholars program to increase the number of PhDs teaching auditing and tax in university accounting programs. He worked closely with the 80 largest accounting firms and the state CPA Societies to raise $17 million to fund this expansion of highly qualified PhD candidates.

Currently, Bill is one of the Pathways Commissioners which is studying the future structure of higher education for the accounting profession. He also serves on the Research Advisory Board of the Center for Audit Quality. In 2009, Bill received the AICPA's highest service recognition, the Gold Medal for Distinguished Service.

Bill began his professional career with Deloitte in Greensboro, NC after receiving his BSBA degree from the University of North Carolina at Chapel Hill. Bill is a frequent speaker and panelist at accounting conferences and education forums discussing current and emerging issues of interest to educators, accountants and others.

Bill is married and has two daughters who are both elementary school teachers in Fairfax County, Virginia.


Beta Alpha Psi Outstanding Faculty Advisor Award
(Stephanie F. Watson, David DeBoskey, Gwendolyn Highsmith-Quick, Donald W. McFall, Marguerite (Zite) Hutton)

Stephanie F. Watson, Ph.D., CPA, has been on the faculty of the University of Central Arkansas Accounting Department since 2003. She teaches Accounting Information Systems, Cost Accounting, Principles online, and graduate Accounting Case Studies. In 2005, she and Dr. Patricia Mounce became the co-advisors of UCA's Theta Lambda chapter of BA?. Since then the chapter has had a lot of firsts including competing in Best Practices (including three regional and one national wins) and being recognized as distinguished once and superior twice. Stephanie is also involved in Curriculum and Assessment, has co-authored a textbook, and has been published in the Journal of Accounting Education, The CPA Journal, and Oil, Gas, and Energy Quarterly, among others. She received three degrees in accounting from Louisiana State University in 1991, 1999, and 2004 respectively. Prior to graduate school, Stephanie worked in corporate accounting for seven years.

David DeBoskey received his Ph.D. in accounting from Rutgers University, where he also completed his master's in business administration (concentration in finance) with highest honors. He has taught accounting and finance courses in Beijing and Shanghai, China as well as for the Rutgers Executive MBA program.

DeBoskey's professional experience includes corporate controller and senior executive managerial positions for both the public and private sector. Most recently, he served as corporate controller for a nationally recognized Real Estate Investment Trust traded on the NYSE in New York City. Previously, he has held positions as senior vice president and CFO for a publicly traded healthcare services corporation. DeBoskey also has worked for an integrated healthcare delivery system as an internal auditor and accounting manager. DeBoskey started his career at Peat, Marwick, Main in Philadelphia, Pa. as a staff auditor. His research interests include corporate transparency, financial accounting and SEC reporting, managerial accounting and auditing.

Gwendolyn Highsmith-Quick, Ph.D., is an Associate Professor in the Department of Accounting at North Carolina A&T State University. She received her PhD from the University of Houston, MBA from the University of Wisconsin-Madison and her BS from North Carolina A&T State University. Gwen's research interests lie in environmental accounting and student education issues. Gwen is a Certified Public Accountant licensed to practice in the State of North Carolina.

Gwen is a member of a number of community, civic, and social organizations including the Alpha Kappa Alpha Sorority, Inc. and the North Carolina Tennis Association. She is the incoming Chapter Advocate for the Southeast Region of Beta Alpha Psi as well as one of the five National 2011 Outstanding Faculty Advisors.

In her spare time, Gwen enjoys reading, walking, and playing tennis. Gwen is married to J.W. Quick and has one daughter, Winnie Jannett.

Donald W. McFall, Jr., CPA — In 2000 Mr. McFall was invited to Kent State to teach accounting principles and be their BAP Faculty Advisor. McFall saw it as a once in a lifetime opportunity to work with the Kent State students.

In the last 11 years, the Beta Psi Chapter has been a Chapter of Merit (2001), Distinguished Chapter (2002), and Superior Chapter for nine consecutive years (2003-2011). In Best Practice competitions (sponsored by Deloitte) they have won five regional first place awards and two national awards, as well as eight other regional awards. They have earned the "Most Improved Chapter Award," four E&Y "Diversity Awards," had a "Project Run With It" winner. The chapter has also been recognized with multiple awards by Kent State for its service to the university and business community. The chapter size has more than doubled in the last decade and Kent State's participation and enthusiasm in local, regional, and national events is well documented.

Marguerite (Zite [pronounced: "zeet"]) Hutton of Western Washington University is a native New Orleanian, with degrees from the University of Houston and the University of Texas at Arlington. Professor Hutton has twice received the "American Taxation Association Teaching Innovation Award." She has been a recipient of university level and college level "Excellence in Teaching Awards," and was her college's "Distinguished Teaching Fellow" for 2006-2009. The Washington Society of CPAs has honored Professor Hutton as "Outstanding Accounting Educator" for Washington State. She has served for many years as Faculty Advisor for the Theta Phi Chapter of Beta Alpha Psi, and was honored in 1999 as "Outstanding Faculty Advisor" by Beta Alpha Psi. She has served as Chair of the WWU Department of Accounting, and has been involved in Volunteer Income Tax Assistance for many years. Professor Hutton's current research interests include taxation education and environmental taxation issues.

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