Our accounting faculty are trailblazing scholars who have made major contributions to accounting research and pedagogy. Their passion for educating future leaders — that means you — is apparent in their classrooms and frequently recognized by teaching awards.
"My research centers on financial reporting, regulation and corporate governance in financial institutions such as commercial and investment banks. The significance of regulation in the financial services industry is staggering. The response to heightened regulations by managers, regulators, auditors and investors differs because their incentives are often not perfectly aligned. I’m curious about what happens when those incentives diverge and what impact it might have on real decisions and financial reporting." - Hailey Ballew, Assistant Professor of Accounting
At the 2007 American Accounting Association’s Annual Meeting, a renowned archeologist, Denise Schmandt-Besserat, said that global business would have never flourished but for double-entry accounting and the needed credible recordkeeping that goes with it. Her research is argued to show that civilization began with double-entry accounting, and writing began with the needed recordkeeping to capture debts and promises. The idea is that without an ability to keep track of promises of future performance, inter-temporal exchanges could never happen, without which commerce would have been stifled.
While I am paraphrasing, accounting scholarship has played a key role in understanding the way the business world operates. My colleagues at the Jones School have played and continue to play an important role in developing our common understanding of capital markets, business contracting and agency relationships and how accounting helps shape them.
One of the initiatives we are particularly excited about is the Master of Accounting (MAcc) program, which features world-class accounting faculty and a curriculum designed for students with non-business undergraduate academic background. You can learn more about the MAcc program online.
I am very proud to say that I am part of a group of trailblazing senior scholars who have made major contributions to accounting research and pedagogy, balanced by vibrant, next-generation-scholars who will reach even greater heights. My colleagues include:
- A member of The Accounting Hall of Fame
- A current editor of two of the top-3 accounting research journals
- A Recipient of academe’s research impact award for management accounting practice
My colleagues’ teaching accomplishments are extraordinary. Their passion for educating the future leaders of a premier business school and a world-class research university is frequently recognized by teaching awards at the Jones School’s annual investiture. Who would have guessed that debits and credits can be that inspiring! As you become part of the Jones School and Rice University, I urge you to visit with my colleagues and learn more about their research agenda and teaching interests. It would be worth your time.
K. Ramesh Herbert S. Autrey Professor of Accounting
Top Accounting Electives
These popular courses help students understand the way the business world operates.
This course builds on earlier courses on cost management and corporate strategy and focuses on the management control systems that can be used for the effective implementation of strategy. Included topics are the balanced scorecard, stretch budgets, performance evaluation and incentives, organizational and operational controls, and the development of metrics to motivate and evaluate performance.
Study of how investors, financial analysts, creditors, and managers use financial statement information in evaluating firm performance and in valuing firms. Emphasizes industry and firm-level analysis of accounting information using financial accounting concepts and finance theory.
Course covers 1) the types of taxes and the history of the U.S. income tax; 2) tax policy in light of worldwide business taxation; 3) measurement of business income and deductions; 4) tax reporting and 5) the choice of entity among U.S. forms of business organization.
This course offers an advanced introduction into the Economics of Information with an emphasis on core business applications.
As healthcare costs continue to rise at an alarming rate in the U.S. over the past decade (about 20% of GDP by some accounts), issues relating cost measurement and management in the delivery of healthcare have also taken center stage. Experts in business and management have argued that extant cost systems do a poor job of measuring how much it costs to treat patients. Without accurate measurement of these costs, many decisions could go wrong. Cost management and efficiency initiatives would be misguided, and medical reimbursements would lack proper cost bases. These concerns have triggered advances in cost measurement and management techniques that are useful not just in the healthcare setting but also in other service organizations. The purpose of this elective is to help students develop a critical understanding of the nature of costs in healthcare delivery, their measurement in a variety of decision contexts, and how they can be managed and improved. Students will be exposed to tools such as the break-even analysis, role of cost allocations, activity-based costing, time-driven activity based costing, and cost control.
Rice Business Wisdom
Based on research by Professor Brian Akins
Based on research by Professor Stephen A. Zeff