Leaders for the Digital Economy 1 Accounting at the Smith School Michael Finch

Leaders for the Digital Economy 2 Department Research Past: “Corporate Disclosure Quality and the cost of debt”…Firms with superior quality disclosures borrow money at a cheaper rate. Past: “Corporate Disclosure Quality and the cost of debt”…Firms with superior quality disclosures borrow money at a cheaper rate. Current: “What is the best way of reporting Research and Development costs?” so that the financial statements more accurately report the future value of those costs. Their work, however, has broader implications for improving the transparency of financial reporting." Current: “What is the best way of reporting Research and Development costs?” so that the financial statements more accurately report the future value of those costs. Their work, however, has broader implications for improving the transparency of financial reporting." Hot “Does the market anticipate the Cost of Stock options” : Aims to understand if investors foresee the the dilution effects of stock options or the potential cash drain from option buyback”. Hot “Does the market anticipate the Cost of Stock options” : Aims to understand if investors foresee the the dilution effects of stock options or the potential cash drain from option buyback”.

Leaders for the Digital Economy 3 Curriculum The Accounting curriculum at the Smith School emphasizes understanding of financial information presented in financial statements with the objective of deriving a cleaner assessment of the quality of earnings and cash flow information presented. The Accounting curriculum at the Smith School emphasizes understanding of financial information presented in financial statements with the objective of deriving a cleaner assessment of the quality of earnings and cash flow information presented.

Leaders for the Digital Economy 4 Industry Value Accounting electives at the Smith School place particular emphasis on understanding the nature and types of earnings management possible and identifying the sources of hidden debt. This is crucial in making appropriate assessments of a company's future performance.

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