Accounting / Finance

In the undergraduate and graduate accounting programs at the Olin School of Buisness, the focus is on issues related to the role of financial information in facilitating the operations of capital markets and in helping managers plan and control the way their institutions operate.

Olin faculty members in accounting conduct research and teaching within three general areas: analysis and preparation of financial statements, auditing, and managerial accounting.

They investigate a variety of issues in their research. Some focus on disclosure issues related to the role of financial information in capital markets, both domestic and international. Others examine the effects of legal institutions on the credibility of information produced and used in such markets, and the resulting effects on economic performance. Still others work in the area of managerial accounting, doing field study and analytical research.

Faculty have published work in such journals as Journal of Accounting Research; The Accounting Review; Journal of Accounting and Economics; Auditing: A Journal of Practice and Theory; Journal of Accounting, Auditing and Finance; and Contemporary Accounting Research.

News Stories & Tip Sheets:

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Federal Budget and Tax Policy for a Sound Fiscal Future Leading scholars and U.S. policymakers to debate federal budget challenges March 20-21 at WUSTL March 2, 2009 -- Washington University School of Law and the Center for Interdisciplinary Studies will bring together leading experts for "Federal Budget and Tax Policy for a Sound Fiscal Future," March 20-21. Conference discussion panels will focus on budget process rules, budget process reform, entitlements, tax expenditures, and budget accounting. The conference is free and open to the public; registration however, is required.

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Union boss returns some of $1.2 million pay The Washington Times May 12, 2009 -- Controversy over compensation received by the president of the shipyard workers union, much of which was returned after it was disclosed to the government. Several labor analysts expressed concern about the union's pay practices and the changes it made in its financial reports. Labor consultant and WUSTL law professor emeritus Neil Bernstein comments.

JPMorgan Exited Madoff-Linked Funds Last Fall The New York Times and 4 others Jan. 29, 2009 -- JPMorgan Chase says that its potential losses related to Bernard L. Madoff, the man accused of engineering an immense global Ponzi scheme, are "pretty close to zero." But what some angry European investors want to know is when the bank cut its exposure to Mr. Madoff — and why. WUSTL business professor emeritus Stuart Greenbaum comments.