Kirby L. Cramer Endowed Chair
PhD, Ohio State University, 1977
MAS, University of Illinois, 1973
BS, University of Illinois, 1970Specialties
Managerial accounting; incentives for earnings management; stock price reactions to information.Positions Held
At the University of Washington since 1977
Auditor for Haskins & Sells (1970-72)Current Research
The relation between dispersion in analysts' forecasts and stock returns.Honors and Awards
Notable Contribution to Auditing Literature Award (2006) from the Auditing Section of the American Accounting Association. See the full citation above under Selected Publications.
E-Business Core Professor of the Quarter for Spring (2004)
Dean’s Citizenship Award (2003)
MBA Core Professor of the Quarter for Spring (2002-2004)
Lex N. Gamble Award for Excellence in E-Commerce (2002)
Andrew V. Smith Award for Service to the School of Business (2000)
MBA Core Professor of the Year (1997)
Burlington Northern Faculty Achievement Award (1990)
Appointed to the Price Waterhouse and Alumni Endowed Professorship in Recognition of Philo R. Zimmerman and Robert P. Burns (1995-current)Academic Service
Editorial board of:
The Accounting Review
Contemporary Accounting Research
Auditing: A Journal of Practice and Theory
Journal of Management Accounting Research
Founding Editor, E-Business Review
Faculty Director of E-Business (2000-2003)
Chairman, Department of Accounting (1992-1996)
Associate Editor, The Accounting Review
“Do Stock Prices Fully Reflect the Implications of Special Items for Future Earnings,” with D. Burgstahler and T. Shevlin, Journal of Accounting Research
, June 2002.
“Institutional Ownership and the Extent to Which Stock Prices Reflect Future Earnings,” with S. Rajgopal and M. Venkatachalam, Contemporary Accounting Research
, Spring 2002.
“Error Projection and Uncertainty in the Evaluation of Aggregate Error.” with D. Burgstahler and S. Glover, Auditing: A Journal of Practice and Theory
, Spring 2000.
“Audit Planning and Analytical Procedures: The Role of Corroboration and Incentives to Manage Earnings” with S. Glover, S. J. Kennedy, Auditing: A Journal of Practice and Theory
, Fall 2000.
“The Effect of Audit Quality on Earnings Management” with C. L. Becker, M. L. DeFond, and K.R. Subramanyam, Contemporary Accounting Research,
, Vol. 15, No. 1, Spring 1998, pp. 1-24. Awarded the 2006 Notable Contribution to the Auditing Literature Award by the Auditing Section of the American Accounting Association.
"Incremental Information Content of the Change in the Percent of Production Added to Inventory" with E. Noreen and T. Shevlin, Contemporary Accounting Research
, Spring 1997.
"Debt Covenant Violation and Manipulation of Accruals" with M. DeFond, Journal of Accounting and Economics
, January 1994.Executive Teaching
Alcoa, Boeing, Microsoft, SK Corporation, Tyson, and others