Professor Baruch Lev, Philip Bardes Professor of Accounting and Finance. Read More
Paul Zarowin, Professor of Accounting, Charlotte Lindner MacDowell Faculty Fellow. Read More

Mission & Philosophy of the Department of Accounting

The mission of Department of Accounting 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.

– Message from the Department Chairmen

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.fa

Joel Steckel
Acting Chairman
Professor of Marketing

Alex Dontoh
Deputy Chairman
Professor of Accounting

Faculty Spotlight

Prof Yiwei Dou
Prof. Yiwei Dou
Received the 2017 American Accounting Association (AAA) Competitive Manuscript Award at Lakewood Ranch, FL on June 12, 2017. Prof. Yiwei Dou’s manuscript is “The Spillover Effect of Consolidating Securitization Entities on Small Business Lending.” This AAA award will be presented to Prof. Dou in the form of unique glass art pieces at the Wednesday plenary on August 9, 2017 at the AAA Annual Meeting in San Diego, CA

Prof Baruch Lev

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 Ferrar in Italy.

Professor Eli Bartov
Voted “Great Professor” by the Executive MBA class of August 2014.


Stern's new MS in Accounting is featured
Excerpt -- "And now a new opportunity is coming, that will prepare college graduates in one year to enter the field at the high levels a CPA certification confers. New York University's Stern School of Business has just announced a new one-year master's degree in accounting, which will satisfy the education requirements to become a CPA in New York and many other states. In recent years, increasing regulations on business have spurred rising demand for CPAs, says Thomas Pugel, Stern's vice-dean of MBA programs."

The Department of Accounting at NYU Stern School of Business is pleased to host the 13th Annual NYU Accounting Summer Camp on Thursday, June 1 and Friday, June 2, 2017. The Summer Camp will feature researchers and faculty members from leading universities.

Conference location:
Henry Kaufman Management Center
44 West 4th Street
New York, NY 10012

For more information click here


Professor Baruch Lev's book, "The End of Accounting," is highlighted in an article titled "Putting a face on a company wins points on stock market" posted on Nikkei Asian Review. Read More

Professor Michael Jung and co-authors examine how companies use social media to disseminate both positive and negative financial information and what, if any, benefits accrue. Read More

When adverse local housing conditions persist for more than a year, Professor Christine Cuny and PhD student Svenja Dube find that disclosure quality reduces uncertainty about municipal bond issuers' default risk. Read More

In a co-authored op-ed, Professor Joshua Ronen proposes a healthcare system that combines free market and single-payer components. Read More

Professor Baruch Lev's research on the accruals anomaly is featured. Read More

Professors Baruch Lev's and Scott Galloway's views on Amazon are highlighted. Read More

Professor Paul Zarowin is interviewed on the SEC's regulation of non-GAAP earnings reports. Read More

Professor Michael Jung's joint research on social media and investor relations is referenced. Read More

In an in-depth interview, Professor Baruch Lev discusses his book, "The End of Accounting."Read More

Professor Baruch Lev's "Knowledge Effect" research is featured Read More

Professor Eli Bartov discusses Peabody Energy's reclassification of its debt.Read More

Professor Baruch Lev weighs in on Yahoo's aquisition by Verizon. Read More

Professor Baruch Lev​ is interviewed about his new book,​ "The End of Accounting." Read More

In an op-ed, Professor Baruch Lev illustrates the decreasing relevance of financial reports and proposes the use of a "Resources & Consequences Report," from his book, "The End of Accounting."Read More

Professor Baruch Lev's book, "The End of Accounting," is highlighted in Forbes. Read More

In an op-ed, Professor Baruch Lev highlights the shortcomings of modern financial reporting, from his new book, "The End of Accounting." Read More

Professor Baruch Lev's work on intangible assets is mentioned. Read More

Professor Mary Billings is named to the Poets and Quants Best 40 Under 40 Professors List. Read More

Professor Baruch Lev discusses the problem of how to value intangible company assets. Read More

Professor Baruch Lev discusses why FASB Should Hit Pause. Read More

Professor Alex Dontoh highlights the importance of having government comptrollers in place to monitor compliance issues. Read More

Professor Eli Bartov's research on Twitter and stock market returns is cited. Read More

Professor Baruch Lev discusses how corporate governance has improved since the collapse of Enron. Read More

Professor Baruch Lev discusses the evolution of financial reporting. Read More

Professor Dan Gode explains the importance of a company's interest coverage ratio. Read More

In a new study forthcoming in the Review of Financial Economics, Professor Michael Jung and co-author Jing Chen of the University at Buffalo School of Management find that, on average, firms are less likely to issue public management forecasts, also known as management guidance, in the quarter subsequent to new investment by activist hedge funds. These results hold even for firms that experienced good quarters and consistently provided guidance in previous quarters. Because guidance has been shown to be beneficial to capital market participants in many ways, reduced guidance has meaningful market implications. The researchers' findings highlight a negative and possible unintended consequence of activist hedge funds' investment in firms and provide some counterbalance to the numerous positive consequences documented in prior literature on hedge fund activism. Read More

Pointing to the changing landscape in the accounting profession, Professor Alex Dontoh highlights Stern's new course offerings in statistical and data analysis. Read More

Professor Michael Jung's co-authored research on the impact of activist hedge fund investors on reported guidance is featured. Read More

Professor Eli Bartov, along with Lucile Faurel of Arizona State University and Partha Rohanram of the University of Toronto, investigates whether analyzing the aggregate opinion in individual tweets about a company's prospects can predict its earnings and the stock price reaction to them. Their dataset contains 998,495 tweets (covering 34,040 firm-quarters from 3,662 distinct firms) by individuals in the nine-trading-day period leading to firms' quarterly earnings announcements between 2009-2012. They find that the aggregate opinion successfully predicts the company's forthcoming quarterly earnings. The authors also document a positive association between the aggregate opinion and the abnormal stock price reaction to the quarterly earnings announcement. Read More

Professor Eli Bartov is interviewed about his research on Twitter and the stock market. Read More

Professor Eli Bartov's research on using Twitter to predict corporate earnings and stock returns is featured. Read more

Featured Research: "Costs and Benefits of Acquiring Information: How Hedge Fund Managers Trade on the Freedom of Information Act". Using the Freedom of Information Act, hedge funds request and receive records from the Food and Drug Administration about new product approvals, factory inspections and complaints. Professor April Klein and her co-author Tao Li of the University of Warwick use these requests to test implications of theories about investors acquiring information for trading purposes. Read More

Professor April Klein on DuPont's proxy fight. Excerpt -- "April Klein, a professor of accounting at New York University's Stern School of Business, said the money spent to keep Peltz off the board will benefit the company in the long run because it forced DuPont to review strategies to increase its stock price. She noted the proxy campaign's $15 million cost is only a small percentage of DuPont's $66.7 billion capitalization." Read More

Professor Baruch Lev's "Knowledge Effect" research is highlighted. The Knowledge Effect was originally discovered by academic researchers, spearheaded by Baruch Lev, who studied 20 years of financial data and discovered an important association between a firm's level of knowledge capital and its subsequent stock returns. Read More

Professor April Klein on Cathy Engelbert's appointment as CEO of Deloitte US. Read More

Professor Michael Jung and his co-authors examine the determinants and outcomes of CEOs accepting a $1 salary, a compensation practice that occurs relatively frequently in high-profile firms and is debated by regulators, investors and the media.  Read More