In the Media

In the Media
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Accounting Today: Prof seeks science behind accounting

January 26, 2015

From AccountingToday.com, Jan. 23, 2015

Accounting may be a profession mostly involving numbers, but for Lynn Hannan, a professor of accounting at the A. B. Freeman School of Business at Tulane University, factors such as psychology, sociology, and economics should also be a top priority.

“I was interested in how we can improve accounting to help people make better decisions,” she told Tulane's website, focusing on the psychology behind employees and incentive systems.

To read the article in its entirety, visit AccountingToday.com:

http://www.accountingtoday.com/...

In the Media
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Bloomberg Markets: Burkenroad Fund Tops Peers

November 13, 2014

From Bloomberg Markets magazine, November 2014:

The fund takes its name from the Burkenroad Reports written by students at Tulane’s Freeman School of Business. Peter Ricchiuti founded the program in 1993 and named it after William Burkenroad Jr., a Tulane alum and donor. Each year, about 200 undergraduate and graduate students in Ricchiuti’s course fan out in teams across the South and spend a day with executives at about 40 publicly traded firms. The companies are often hungry for the attention, Ricchiuti says. “The further you are from Wall Street, the more you’re likely...
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ValuePenguin.com: Tulane Accounting - Neil Huntsman

November 06, 2014

ValuePenguin.com, a website that provides personal finance research and analysis, interviewed Master of Accounting student Neil Huntsman (MACCT ’15) for its “Future of Accountants” series.

“The environment at Tulane is perfect for professional education. I can already tell there has been a change in the way I think and process information. My classes are not basic accounting courses where a student learns to book specific entries. My classes stress analytical thinking and problem solving. The class size facilitates discussion with my peers and professors. It was strange to transition...
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New Orleans Magazine: Family Legacies

October 02, 2014

Ira Solomon,  dean and Debra and Rick Rees Professor of Business, was interviewed for the October issue of New Orleans Magazine on the challenge of sustaining a family business over multiple generations.

Think it’s easy to keep a family business alive and well? Think again, says Dean Ira Solomon of Tulane’s A. B. Freeman School of Business. Only 40 percent of family-owned businesses in this country make it into the second generation, he says. And it gets more difficult as time goes by; just 13 percent make it into a third generation and a miniscule 3 percent are still family-owned by...
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Freeman ranked fifth in nation for studying business abroad

July 16, 2014

Business Research Guide, a website dedicated to technologies, products and services, and career and education options, has ranked the Freeman School No. 5 in the nation on its list of 30 Great U.S. Colleges for Studying Business Abroad.

With over 10 affiliate universities worldwide, students may choose to attend programs at the Leipzig School of Management, the University of Innsbruck in Austria, or Hong Kong University of Science and Technology. Through a joint venture with the National Taiwan University and schools in Mexico and Europe, Executive MBA students may travel abroad to...
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CFO Magazine: Nothing If Not Critical

July 10, 2014

Ira Solomon, dean and Debra and Rick Rees Professor of Business, is quoted in the current issue of CFO Magazine on a proposal to require auditors to disclose “critical audit matters” in their reports. The article explains the Public Company Accounting Oversight Board’s rationale for the plan as well as reasons why many CFOs and audit firms are uncomfortable with it.

What are we signaling to the users of financial statements when the auditor has to say, ‘Well, I reached that conclusion, but boy, it was really tough’?” asks Solomon. “Does it tell you that you ought to be more uncertain...
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CityBusiness: Tulane energy research calls for downstream focus

March 25, 2014

From New Orleans CityBusiness, March 25, 2014:

The report, authored by Tulane Energy Institute president Eric Smith and sponsored by Chevron, posits that relying on one technology, industry or energy feedstock such as natural gas is economically risky. Therefore the creation of “downstream value added opportunities” will be the key to extending the energy and manufacturing boom beyond the immediate commodity conversion stage.

To read the article in its entirety, visit NewOrleansCityBusiness.com.

http://neworleanscitybusiness.com/blog/2014/03/25/tulane-energy-research-calls...

In the Media

CFO.com: PCAOB's 'Audit Failure' Rate Is Highly Suspect

March 05, 2014

Ira Solomon, dean and Debra and Rick Rees Professor of Business, recently co-authored an opinion piece for CFO.com criticizing the Public Company Accounting Oversight Board (PCAOB) for misleading statements regarding the quality of public company audits.

Solomon and co-author Mark Peecher, professor of accountancy at the College of Business at the University of Illinois at Urbana-Champaign, take issue with the PCAOB for its use of the term "audit failure" — which has traditionally referred to the joint occurrence of an unqualified audit opinion and materially misleading...

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Times-Picayune: Bitcoin digital currency is starting to appear in New Orleans small businesses

January 16, 2014

From The Times-Picayune | NOLA.com, Jan. 15, 2014:

Geoffrey Smith, visiting assistant professor of finance at Tulane University, described Bitcoin as an "alternate means of storing value" that investors are using as a hedge against the dollar. He said it needs more stability, but he thinks it has potential to catch on, particularly because of its inflation-fighting finite supply.

The system is expected to create 21 million Bitcoins and then stop issuing more. The coins often are traded as fractional units. The web sites bitcoinexchangerate.org and bitcoincharts.com reported...

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WSJ.com: When Superstition Works

November 26, 2013

From WSJ.com, Nov. 25, 2013:

And while such superstitions can be broken, says Dr. Johar, it often takes a lot of negative evidence before people are willing to part with their lucky rituals. That's because they “provide some sort of a hedge against uncertainty,” says Eric Hamerman, an assistant professor of marketing at Tulane University's Freeman School of Business who, with Dr. Johar, co-wrote the study, published in October in the Journal of Consumer Research.

To read the article in its entirety, visit WSJ.com.

http://online.wsj.com/news/articles/...

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HBR.org: Saving Academic Medicine from Obsolescence

November 11, 2013

From HBR.org, Nov. 8, 2013:

Ralph Maurer, professor of practice and interim executive director of the Levy-Rosenblum Institute for Entrepreneurship, co-authored an article for the HBR Blog Network about how Tulane School of Medicine is embracing disruptive innovation to deal with some of the challenges currently facing academic medicine. The article was written in collaboration with Benjamin P. Sachs, senior vice president and dean emeritus of Tulane School of Medicine, Marc J. Kahn, senior associate dean of Tulane School of Medicine, and Steven A. Wartman, president and CEO of...

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MarketWatch: What Twitter knows that Blackberry didn’t

October 10, 2013

From MarketWatch, Oct. 10, 2013

In the wake of Twitter’s recent IPO filing, Professor of Management Science Geoffrey Parker co-authored a commentary for MarketWatch on the growing impact of platform firms, companies with networked ecosystems that connect multiple players and provide tools for those participants to contribute and interact.

Ultimately, this transformation redefines competition. Firms that once sought advantage based on the strength of their internal resources and channel access now face competitors that harness armies of connected users and ecosystems of...