Download Research - American University

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GOPAL V. KRISHNAN
Professor of Accounting and Chairman
Kogod School of Business
American University
1/9/2014
This is a shorter version of my CV. Please contact me for the full CV.
RESEARCH INTERESTS
Audit quality, Audit markets, Corporate governance, Earnings management, Taxes and Financial
Reporting, International financial reporting issues, and Business ethics.
REFEREED PUBLICATIONS
56. “Are Capitalized Software Development Costs Informative About Audit Risk?”
forthcoming, Accounting Horizons, 2014 (with Changjiang Wang).
55. “Is There a Relation Between Audit Fee Cuts During The Global Financial Crisis and
Banks’ Financial Reporting Quality?” forthcoming, Journal of Accounting and Public
Policy (with Yinqi Zhang).
54. “Client Risk Management: A Study of Earnings Management, Audit Fees, and Auditor
Resignations” Auditing: A Journal of Practice and Theory, Vol. 32, No. 2, May 2013,
pp. 147-169 (with Lili Sun, Qian Wang, and Rong Yang).
53. “Audit Quality: Insights from the Academic Literature”, Auditing: A Journal of Practice
and Theory, Vol. 32, No. Supplement 1, 2013, pp. 385-421 (with Robert Knechel,
Mikhail Pevzner, Lori Shefchik, and Uma Velury).
Featured on http://pcaobus.org/News/Speech/Pages/01182013_New%20Orleans.aspx
52. “Audit Committee Financial Expertise and Properties of Analyst Earnings Forecasts”,
Advances in Accounting, Lead article, Vol. 29, No. 1, June 2013, pp. 1-11 (with John
Abernathy, Don Herrmann, and Tony Kang).
51. “Do Auditor-Provided Tax Services Enhance or Impair the Value-Relevance of
Earnings?” Journal of the American Taxation Association, Lead article, Vol. 35, No. 1,
Spring 2013, pp. 1-19 (with Gnanakumar Visvanathan and Wei Yu).
Featured on Accounting Today web CPA; Economia (ICAEW, UK); and CFO.com
50. “Do Small Firms Benefit From Auditor Attestation of Internal Control Effectiveness?"
Auditing: A Journal of Practice and Theory, Vol. 34, No. 1, November 2012, pp. 115137 (with Wei Yu).
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49. “The Impact of Eliminating the 20-F Reconciliation Requirement for IFRS Filers on
Earnings Predictability and Information Uncertainty", Accounting Horizons, Vol. 26,
No. 4, December 2012, pp. 741-765 (with Tony Kang, Michael Wolfe, and Han Yi).
48. “How Do Auditors View Managers’ Disclosure Strategy? The Effect of Earnings
Guidance on Audit Fees” Journal of Accounting and Public Policy Vol. 31, Issue 5,
September/October 2012, pp. 492-515 (with Mikhail Pevzner and Partha Sengupta).
47. “Pro Forma Disclosures, Audit Fees, and Auditor Resignations” Journal of Accounting
and Public Policy, Lead article, Vol. 31, Issue 3, May/June 2012, pp. 237-257 (with
Long Chen and Mikhail Pevzner).
46. “Earnings Management and Market Liquidity”, Review of Quantitative Finance and
Accounting, Vol. 38, No. 2, 2012, pp. 257-274 (with Asli Ascioglu, Shantaram Hegde,
and John McDermott).
45. “Audit Fees and Book-Tax Differences”, Journal of the American Taxation
Association, Vol. 34, No. 1, Spring 2012, pp. 55-86 (with Michelle Hanlon and Lillian
Mills).
44. “Audit Quality and the Market Valuation of Banks' Allowance for Loan Losses”
Accounting Perspectives, Vol. 10, No. 3, 2011, pp. 161-193 (with Kiridaran
Kanagaretnam, Gerald Lobo, and Robert Mathieu).
43. “CFO/CEO-Board Social Ties, Sarbanes Oxley, and Earnings Management” Accounting
Horizons Vol. 25, No. 3, 2011, pp. 537-557 (with K.K. Raman, Ke Yang, and Wei Yu).
Featured on CFOworld
42. “Is There an Association Between Earnings Management and Auditor-Provided Tax
Services?” Journal of the American Taxation Association, Vol. 33, No. 2, Fall 2011,
pp. 111-135 (with Gnanakumar Visvanathan).
41. “Further Evidence on Knowledge Spillover and the Joint Determination of Audit and
Non-Audit Fees” Managerial Auditing Journal, Vol. 26, No. 3, 2011, pp. 230-247
(with Wei Yu).
40. “How Do Auditors Perceive Recognized vs. Disclosed Lease and Pension Obligations?
Evidence from Fees and Going Concern Opinions” International Journal of Auditing,
Vol. 15, 2011, pp. 127-149 (with Partha Sengupta).
39. “An Empirical Analysis of Auditor Independence in the Banking Industry” The
Accounting Review, Vol. 85, November 2010, pp. 2011-2046 (with Kiridaran
Kanagaretnam and Gerald Lobo).
Featured on Bloomberg Businessweek, December 8, 2010; CNBC.com; Reuters;
Hymarkets.com.
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38. “Managerial Shareholding and Compensation Structure, Investment Opportunities and
Non-Audit Services Purchases: An Alternative Explanation” Asia-Pacific Journal of
Accounting & Economics Vol. 16, August 2009, pp. 191-213 (with Charles Chen, Jun
Du, and Xijia Su).
37. “Are Nonaudit Services Associated with Firm Value? Evidence from Financial
Information System Related Services” Accounting and Finance Vol. 49, September
2009, pp. 519-617 (with Kam-Wah Lai).
36. “Is The Market Valuation of Bank Loan Loss Provisions Conditional on Auditor
Reputation?” Journal of Banking and Finance, Vol. 33, June 2009, pp. 1039-1047 (with
Kiridaran Kanagaretnam and Gerald Lobo).
35. “Do Auditors Price Audit Committee’s Expertise? The Case of Accounting vs. NonAccounting Financial Experts” Journal of Accounting, Auditing & Finance, Vol. 24,
No. 1 Winter 2009, pp. 115-144 (with Gnanakumar Visvanathan).
Featured on www.Agendaweek.com, a website on corporate governance and Compliance
Week.
34. “The Value-Relevance of Cash Flows and Accruals: The Role of Investment
Opportunities” The Accounting Review, Vol. 83, No. 4 July 2008, pp. 997-1040 (with
Krishna Kumar).
33. “Does the SOX Definition of an Accounting Expert Matter? The Association Between
Audit Committee Directors’ Accounting Expertise and Accounting Conservatism”
Contemporary Accounting Research, Vol. 25, No. 3 Fall 2008, pp. 827-857 (with
Gnanakumar Visvanathan).
32. “Inventory Policy, Accruals Quality and Information Risk” Review of Accounting
Studies, Vol. 13, No. 2-3, September 2008, pp. 369-410 (with Bin Srinidhi and Nancy
Su).
31. “Do Models of Discretionary Accruals Detect Actual Cases of Fraudulent and Restated
Earnings? An Empirical Evaluation” Contemporary Accounting Research, Vol. 25, No.
2, Summer 2008, pp. 499-531 (with Keith Jones and Kevin Melendrez).
30. “Getting to the Bottom Line: An Exploration of Gender and Earnings Quality” Journal
of Business Ethics, Vol. 78, Issue 1-2, March 2008, pp. 65-76 (with Linda Parsons).
29. Reporting Internal Control Deficiencies in the Post Sarbanes-Oxley Era: The Role of
Auditors and Corporate Governance” International Journal of Auditing, Lead article,
Vol. 11, July 2007, pp. 73-90 (with Gnanakumar Visvanathan).
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28. “The Role of External Monitoring in Firm Valuation: The Case of R&D Capitalization”
Journal of International Accounting Research Vol. 6, No. 2 December 2007, pp. 83107 (with Irene Tutticci and Majella Percy).
27. “Auditor Independence: Evidence on the Joint Effects of Auditor Tenure and Non-Audit
Fees” Auditing: A Journal of Practice & Theory, Vol. 26, November 2007, pp. 117-142
(with Ferdinand Gul and Bikki Jaggi).
Featured on Strategy Magazine (Out of Academia), June 2008.
26. “Did Earnings Conservatism Increase for Former Andersen Clients?” Journal of
Accounting, Auditing & Finance, Vol. 22, No. 2, Summer 2007, pp. 141-163.
25. “Did Houston Clients of Arthur Andersen Recognize Publicly Available Bad News in a
Timely Fashion?” Contemporary Accounting Research, Vol. 22, Iss. 1, Spring 2005, pp.
165-193.
24. “The Association Between Big 6 Auditor Industry Expertise and the Asymmetric
Timeliness of Earnings” Journal of Accounting, Auditing & Finance, Vol. 20, Iss. 3,
Summer 2005, pp. 209-228.
23. “Information Systems Expenditures and Firm Value: Further Evidence From Financial
Services Industry” Advanced Topics in Information Resource Management, Volume 3,
2004, pp. 29-42 (with Ram Sriram and Kam-Wah Lai).
22. “Does Big 6 Auditor Industry Expertise Constrain Earnings Management?” Accounting
Horizons, Lead article, Supplement 2003, pp. 1-16.
21. “Audit Quality and the Pricing of Discretionary Accruals” Auditing: A Journal of
Practice & Theory, March 2003, pp. 109-126.
20. “The Value and Relevance of IT Investments on Firm Value in the Financial Services
Sector” Information Resources Management Journal, January-March 2003, pp. 46-61
(with Ram Sriram).
19. “Earnings Forecast Errors in IPO Prospectuses and Their Associations with Initial Stock
Returns” Journal of Multinational Financial Management, April 2001, pp. 225-240
(with Gongmeng Chen and Michael Firth).
18. “An Examination of the Effect of IT Investments on Firm Value: The Case of Y2KCompliance costs” Journal of Information Systems, Fall 2000, pp. 95-108 (with Ram S.
Sriram).
17. “The Predictive Ability of Direct Method Cash Flow Information” Journal of Business
Finance and Accounting, Volume 27, Nos. 1-2, January/March 2000, pp. 215-245 (with
James A. Largay III).
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16. “Does Interperiod Income Tax Allocation Enhance Prediction of Cash Flows?”
Accounting Horizons, Lead article, Volume 11, No. 4, December 1997, pp. 1-15 (with
Joseph Cheung and Chung-ki Min).
15. “A Comparison of the Financial Characteristics of Companies Surveyed by Accounting
Trends and Techniques (ATT) and Non-ATT Companies” The Journal of Applied
Business Research, Vol. 13, No. 2, 1997, pp. 55-63.
14. “The Debt Equivalency of Recognized vs. Disclosed Obligations: An Examination of
Borrower and Lender Perceptions” Research in Accounting Regulation, Vol. 10, 1996,
pp. 63-77 (with Mohinder Parkash).
13. "The Role of Corporate Pension Assets and Liabilities in Determining the Market Value
of Equity" Advances in Quantitative Analysis of Finance and Accounting, Vol. 3, 1995
(Part B), pp. 71-87 (with Timothy Sugrue).
12. "Borrower and Lender Perceptions of Accounting Information in Corporate Lending
Agreements" Accounting Horizons, Vol. 9, No. 1, March 1995, pp. 13-26 (with
Mohinder Parkash).
11. "The Determinants of Actuarial Assumptions Under Pension Accounting Disclosures"
Journal of Financial & Strategic Decisions, Vol. 8, No. 1, Spring 1995, pp. 35-41 (with
Timothy Sugrue).
10. "The Effect of Recognition vs. Disclosure On Investor Valuation: The Case of Pension
Accounting" Review of Quantitative Finance and Accounting, Vol. 4, No. 4, December
1994, pp. 383-396.
9. "Investor Valuation of Disclosures of Postretirement Expense and Obligations Under
SFAS No. 106: An Empirical Investigation" Advances in Accounting, Vol. 12, 1994, pp.
51-66.
8. "A Ranking of Doctoral Programs in Accounting: Productivity and Citational Analysis"
The Accounting Educators' Journal, Vol. 6, No. 1, April 1994, pp. 1-23 (with Ram S.
Sriram).
7. "Accounting Choice Decisions and Unlevered Firms: Further Evidence on Debt/Equity
Hypothesis" Journal of Financial & Strategic Decisions, Vol. 7, No. 3, Fall 1994, pp.
33-47.
6. "An Empirical Investigation of Stock Market Valuation of Corporate Projected Pension
Liabilities" Journal of Business Finance and Accounting, Vol. 20, No. 5, September
1993, pp. 711-724 (with Timothy Sugrue).
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5. “On the Usefulness of Operating Income, Net Income, and Comprehensive Income in
Explaining Security Returns" Accounting and Business Research, Vol. 23, No. 91,
Summer 1993, pp. 195-203 (with Agnes Cheng and Joe Cheung).
4. "Economic Consequences of Pension Policy Deliberations (SFAS No. 87): An Empirical
Assessment of Debt-Covenant Hypothesis" Journal of Business Finance and
Accounting, Vol. 19, No. 5, September 1992, pp. 751-775 (with Timothy Sugrue).
3. "Most Frequent Contributors to Contemporary Accounting Literature" Akron Business
and Economic Review, Vol. 22, No. 3, Fall 1991, pp. 97-107 (with P.R. Chandy).
2. "Corporate Financial Statements and the Impact of Health Care Costs Recognition" The
Journal of Applied Business Research, Vol. 7, No. 3, Summer 1991, pp. 45-50 (with
Timothy Sugrue).
1. "The Debt Equivalency of Unfunded Accumulated and Projected Pension Obligations"
Advances in Accounting, Volume 8, 1990, pp. 113-129 (with Timothy Sugrue).
OTHER PUBLICATIONS
4.
“Was Arthur Andersen Different? Further Evidence on Earnings Management by Clients
of Arthur Andersen” International Journal of Disclosure and Governance, Vol. 5, Iss.
1, February 2008, pp. 36-47 (invited article with Gnanakumar Visvanathan).
3.
Book Review of Stickney and Brown, Financial Statement Analysis: A Strategic
Perspective, 4th edition, Issues in Accounting Education, Vol. 14, No. 4, 1999, pp. 731732.
2.
"SFAS # 106 Raises a Tempest" Wisconsin CPA, Vol. 1, No. 164, Winter 1993, p. 10.
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"Cost Estimation Through Ridge Regression" The Management Accountant, August
1984, pp. 451-52.
COURSES TAUGHT
Auditing
Accounting Information Systems
Advanced Financial Accounting
Business Analysis and Valuation Using Financial Statements (Graduate)
Comparative International Accounting (Graduate)
Cost Accounting (Undergraduate)
Corporate Financial Reporting (Graduate)
Doctoral seminar on empirical research in auditing and governance (team taught)
Enterprise Resource Planning Systems (Graduate)
European Residency – Hungary and Italy (Graduate)
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Financial Accounting (MBA, Undergraduate)
Financial Accounting Theory (Graduate)
Intermediate Accounting I (Undergraduate)
Intermediate Accounting II (Undergraduate)
Information Technology Auditing (Graduate)
Managerial Accounting (MBA, undergraduate)
Executive Education
AU Freddie Mac, M.S. in Management, Management Accounting
GMU Executive MBA Managerial Accounting
U.S. Department of Commerce
GMU Northrop and Grumman MBA Managerial Accounting