Summer University: Advanced Financial Accounting
Lecturers: Bjørn Nybo Jørgensen and Steve Rock. 13 - 17 August
2012.05.11 |
| Date | Mon 13 Aug — Fri 17 Aug |
| Time | 08:00 — 17:00 |
| Location | Aarhus University, Building 1455, room 127 |
See the course description
To sign up for this course please send an email to Karin Vinding, kav@asb.dk.
Syllabus:
0. Background reading: Introduction to event studies:
Ball and Brown (1968, JAR) - event study.
1. Earnings discontinuities
Thomas (1989, TAR)
Hayn (1995, JAE)
Burgstahler and Dichev (1997, JAE)
DeGeorge, Patel and Zeckhauser (1999, JB)
Jacob and Jorgensen (2007, JAE)
2. Earnings Components
Rayburn (1986, TAR)
Wilson (1986 JAR)
Dechow (1994, JAE)
Sloan (1996, TAR)
McVay (1996, TAR)
3. Valuation
a) Accounting-based valuation session
Ohlson (1995 CAR)
Penman (1991, JAAF)
Easton and Pae (RASt 2004)
Gode and Mohanram (2003 RASt)
Chen, Jorgensen and Yoo
Jorgensen, Lee, and Yoo (2011, JBFA)
Easton and Monahan (2005, AR)
b) Empirical Cost of Capital measurement and Disclosure
Botosan (1995, TAR)
Easton (2004, TAR)
Botosan, Plumlee, and Wen (2011, CAR)
4. Earnings Management
a) Accrual management
Healy (1985, JAE)
Jones (1991, JAR)
Guidry, Leone and Rock (1999, JAE)
Teoh, Welsh and Wong (1998, JF)
Ball and Shivakumar (2008, JAE)
b) Expectations and cash flow management
Matsumoto (2002, TAR)
Roychowdhury (2007, JAE)
Gunny (2010, CAR)
5. Analyst forecasts
Hong and Kubik (2003, JF)
Lin McNichols (JAE, 1998)
Cowen, Groysberg, and Healy (2006, JAE)
Groysberg Healy and Maber (2011, JAR)
6. Aggregate effects of accounting
Kothari, Lewellen, and Warner (2006, JFE)
Hirshleifer, Hou and Hong (2009, JFE)
Jorgensen, Li and Sadka (2012, JAE)
7. Earnings quality
Dechow and Dichev (2002, TAR)
FLOS (2004 JAR, 2005 JAE)
Barton and Simko (2002 TAR)
8. International Accounting
Bernard, Merton and Palepu (1995, JAR)
Leuz (2003, JAR)
Burgstahler, Hail and Leuz (2006, TAR)
Jorgensen, Patrick and Soderstrom (2012), (To be distributed).
9. Public vs. Private
Bushee and Leuz (2005, JAE)
Leuz, Triantis and Wang (2009, JAE)
Givoly, Hayn and Katz (2010, TAR)
10. Audit pricing
Willemborg (1999, JAR)
Weber, Willenborg Zhang (2008 JAR)
Carcello, Vanstraelen, and Willemborg (2009, TAR)
Badertscher, Jorgenson, Katz, and Kinney (2011)
11. Matched-pair design
Berger and Hann (2003, JAR)
Botosan and Harris (2005 JAR)
Jorgensen, Lee, and Rock (2012)
Abbreviations:
CAR : Contemporary Accounting Research
JAE: Journal of Accounting and Economics JAR : Journal of Accounting Research
JB: Journal of Business
JFE : Journal of Financial Economics
RASt: Review of Accounting Studies
TAR : The Accounting Review
