Accounting Department

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The Accounting Department's mission is to create, debate and disseminate knowledge about the measurement and communication of financial and non-financial information that will inform our students, alumni, managers and capital market participants and facilitate rational financial, economic and policy decisions.

Professor Baruch Lev received an honorary doctorate from the Universiteit Hasselt in Belgium (given once every five years), and was appointed as the Copernicus Chair in Economics from the University of Ferrara in Italy.

Baruch Lev
Leonard N. Stern School of Business
Philip Bardes Professor of Accounting and Finance
Director of the Vincent C. Ross Institute for Accounting Research

In January 2008, Professor Stephen Ryan was the invited luncheon speaker at the American Accounting Association's Financial Accounting and Reporting Section Mid-year Meeting. His talk was titled "Accounting in and for the Subprime Crisis." This talk was also delivered in March 2008 at both the Financial Accounting Standards Board and the Financial Accounting Standards Advisory Council. His paper of the same title is now available on SSRN.

Stephen Ryan
Leonard N. Stern School of Business
Professor of Accounting
Peat Marwick Faculty Fellow

According to Professor Christine Petrovits, big investment banks aren't the only victims of the credit market turmoil; the non-profit sector has also been hit hard by the tightening of credit. Read more.

Christine Petrovits
Leonard N. Stern School of Business
Assistant Professor of Accounting

Dan Gode has been recognized for Excellence in Teaching.
Daniel Cohen's paper, "Real and Accrual-Based Earnings Management in the Pre- and Post-Sarbanes-Oxley Periods," was published in The Accounting Review in May 2008. Professor Cohen also presented at the recent Ross Institute of Accounting Research Forum on "The Impact of Corporate Governance on Financial Reporting and Capital Markets" regarding the trends in earnings management activities and corporate governance following the Sarbanes Oxley Act.
Stern's Accounting Department was recently ranked number two in the nation by the Chronicle of Higher Education.
Joshua Livnat's paper, "Quarterly Accruals or Cash Flows? Return Analysis," coauthored with German Lopez-Espinosa, has been accepted to the Financial Analysts Journal.
Stephen Ryan's paper, "Characteristics of Securitizations that Determine Issuers' Retention of the Risks of the Securitized Assets," coauthored with Weitzu Chen and Chi-Chun Liu, has been accepted for publication in The Accounting Review in September 2008.
Joshua Ronen, along with Varda Yaari, published his book Earnings Management
Stephen Ryan was appointed Editor of the Review of Accounting Studies in Fall 2006. The second edition of his book, Financial Instruments and Institutions came out in April 2007.
Congratulations! Stephen Ryan and Paul Zarowin promoted to Full Professors (October 2007)

Welcome to the Stern School Accounting Department!

Stern's Department of Accounting offers a wide range of courses and programs for students interested in acquiring the skills that will better enable them to serve the information needs of professional clients and the organizations that employ them.

We offer a Ph.D. degree with an emphasis in accounting as well as an M.B.A. degree with a major or double major in accounting. Students often select a menu of courses stressing financial statement analysis. In the undergraduate college, we offer two accounting majors - one with a C.P.A. emphasis; the other less technical in nature. The latter option is often taken together with finance or information systems as a double major. All students have access to the faculty of departments throughout the Stern School.

Our faculty are committed to the pursuit of excellence in their teaching and research activities. The Department is consistently ranked as one of the top accounting faculties in the United States, and we pride ourselves in the knowledge that more of our accounting graduates have entered the ranks of senior partner of the major accounting firms than any other business school.

Frederick Choi, Chairman & Distinguished Service Professor of Business

Alex Dontoh, Deputy Chairman, Associate Professor

Student Spotlight

The New York State Society of Certified Public Accountants honored Bronte Jim for Outstanding Achievement in Accounting as a member of the Class of 2008 at New York University, recommended by Prof. Frederick D.S. Choi.