From the Fall 2010 Issue:

Letter from the Chair

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Dear Students, Parents, Alumni and Friends:
I am proud to introduce the inaugural issue of Accounting Miami. This semi-annual newsletter is intended to keep you up to date on the happenings in the Department of Accounting of the University of Miami School of Business Administration. A number of changes and new initiatives are under way, in line with the School’s ambition to become an internationally recognized research institution, while maintaining its rich history of excellence in teaching and programs. These initiatives include the recruitment of new faculty to compliment an already strong core, a revived PhD program, the establishment of an Accounting Advisory Board made up of high-profile accounting professionals in the greater Miami area, as well as a newly designed masters in accounting program for UM accounting students. All of these initiatives are described in this issue of Accounting Miami.

It goes without saying that these initiatives would not be possible without the generous support of our alumni, parents, donors and friends. The ‘Cane spirit clearly runs deep, as demonstrated by the continued support we receive. I cannot count the number of alumni who have reached out in my short time here with offers to share their expertise with our students, and to ask what they can do to enhance their ability to hire our students. It is through this informal network of alumni that many of our students find employment and mentors. In addition, we are experiencing increased giving even in these difficult economic times, highlighted by significant giving for accounting scholarships, accounting research and departmental initiatives.

Accounting Miami provides continuing coverage of all of these initiatives, as well as important news relating to our faculty, students and programming. Additionally, each issue features research conducted by our faculty. What can you expect to see in our studies? Generally speaking, accounting professors tend to study how economic incentives or psychological biases influence either the reporting of accounting information or the way accounting information is interpreted by financial intermediaries (e.g., analysts), auditors or investors. Other accounting research considers the ways in which accounting numbers are used in the design of incentive compensation contracts. You’ll see research of all types by faculty in our department.

I hope you enjoy our inaugural newsletter and thank you for your continued support.

Go ‘Canes!
Andrew Leone
Chair, Department of Accounting and
William P. Metzger Professor of Accounting