2011-2012 Accounting
and Information Assurance Newsletter

Gordon/Loeb Model featured in the Wall Street Journal
2010-2011 Accounting and Information Assurance Newsletter

Recruiters Rank Smith School Accounting Program No. 7
University of Maryland Ranks No. 8, According to Wall Street Journal Survey
College Park, Md. -- Sept. 14, 2010 -- The University of Maryland’s
Robert H. Smith School of Business is a favored source for accounting hires, according
to a Wall Street Journal survey of recruiting executives released yesterday.
Participants were asked to rank schools that produced the best-qualified graduates
for their industries, overall and by major. The Smith School’s accounting major
ranked No. 7 by recruiters, and the University of Maryland as a whole ranked No.
8 on the survey.
University of Maryland Business Professor Honored with Prestigious Accounting Award
College
Park, Md. – August 26, 2010 — The University of Maryland’s Robert H. Smith
School of Business today announced Stephen E. Loeb, the Ernst & Young Alumni Professor
of Accounting and Business Ethics, was honored with the 2010 Accounting Exemplar
Award for his notable contributions to professionalism and ethics in accounting
education. The award is given by the Public Interest Section of the American Accounting
Association. Loeb received the award at the Accounting Exemplar luncheon on August
1, during the association’s annual meeting in San Francisco.
The 2009-2010 Accounting and Information Assurance Newsletter

Congratulations!
Jim McKinney, recipient of the Academy of Accounting Historians Vangermeersch Outstanding
Manuscript Award.
Gordon Prize in Managing Cybersecurity Resources Awarded
Researchers from Technische Universität Dresden in Germany and Harvard University
won for their essay titled “The Iterated Weakest Link.” The Gordon Prize is named
for pioneering cybersecurity expert Lawrence A. Gordon, the Smith School’s Ernst
& Young Alumni Professor of Managerial Accounting and Information Assurance.
Fall 2008 Newsletter [PDF Document]
Smith Professor Creates Gordon Prize in Managing Cybersecurity Resources
Lawrence Gordon, Ernst & Young Alumni Professor of Managerial Accounting and Information
Assurance, is committed to raising awareness of the issue of cybersecurity and its
importance to business and government leaders.
Professor Lawrence Gordon Testifies to Homeland Security Congressional Committee
Lawrence A. Gordon, Ernst & Young Alumni Professor of Managerial Accounting and
Information Assurance, gave testimony concerning his research (with Dr. Martin Loeb,
professor of accounting and information assurance and Deloitte & Touche Faculty
Fellow) on cybersecurity economics to the U.S. House of Representatives Subcommittee
on Homeland Security on October 31, 2007.
Smith's Larry Gordon to Speak at London School of Economics'
Management Accounting Research Group
Larry Gordon, Ernst & Young Alumni Professor of Managerial Accounting and Information
Assurance and director of the Ph.D. Program, will be the plenary speaker at the
London School of Economics' Management Accounting Research Group (MARG) Conference
on April 6, 2006. The conference is sponsored by the Department of Accounting and
Finance at LSE, the Chartered Institute of Management Accountants (CIMA) and the
Institute of Chartered Accountants in England and Wales (ICAEW), with a theme of
"Risk Management & Financial Control."
Management accounting practices revolve around organizational control issues.
Never before have interdependencies between corporate control concerns, risk management
priorities and security technology and computer assurances been more significant
to management and management accounting processes. This year's MARG Conference places
these concerns and cybersecurity issues -defined widely as the control of computer-based
system vulnerabilities including the managerial use of systems - center stage and
discusses a variety of aspects of risk management and management accounting.
"My talk, Risk Management and Cybersecurity: A Management Accounting Perspective,
will focus on my research with Martin Loeb in the area of economic aspects of cybersecurity,"
says Gordon. Gordon goes on to note that "the high academic profile of LSE's accounting
faculty, coupled with the fact that the two main professional accounting organizations
in the UK, are cosponsors of this conference provides strong evidence that our research
is having an important impact on the field of accounting as well as the field of
computer science." There should be at least 150 individuals in attendance at the
2006 MARG Conference, with a roughly even split between academicians and senior
executives/practitioners.
Gordon is the co-author (with Martin Loeb) of the highly acclaimed new book from
McGraw-Hill's Professional Division entitled
Managing
Cybersecurity Resources: A Cost Benefit Analysis. This book was written
in order to bring Gordon and Loeb's research on cybersecurity to a wider audience. Visit the London School of Economics
Web Site for more information.
Professor Steve Loeb, who coauthored with Dan Ostas (a former Smith School
professor, now at the University of Oklahoma) won The Ralph C. Hoeber Award for
the outstanding article 2002-2003 in the Journal of Legal Studies Education.
The paper was: Teaching Corporate Social Responsibility in Business Law and
Business Ethics Classrooms, Journal of Legal Studies Education Winter/Spring
2002, pp. 61-88. Professor Steve Loeb is a faculty member in the Accounting and
Information Assurance Department at the Smith School.
Larry Gordon and Marty Loeb Pen Washington Business Journal Column
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Nerissa C. Brown, PhD Candidate, was awarded the Best Paper Presentation Award
at the Center for Corporate Reporting & Governance Conference held in Costa Mesa,
CA, on 9/18/04. Nerissa presented a working paper from her dissertation titled
Herd Behavior in the Voluntary Disclosure of Capital Expenditure Forecasts.
The Center is based at Cal State Fullerton with Board Members from the Big 4, SEC,
Purdue, UCLA.