Toshiba is known for producing televisions, computers and, as of this summer, an epic accounting scandal. Its CEO resigned in July after an outside investigator documented that the Japanese company had overstated earnings by $1.2 billion since 2008. Smith School accounting professor Progyan Basu says detecting the point at which reasonable managerial discretion crosses the line into something more nefarious remains "more of an art than a science." Read more...
Accounting & Information Assurance
The University of Maryland’s Robert H. Smith School of Business is happy to welcome nine new faculty members for the 2015-2016 academic year.
A team of accounting students from the University of Maryland’s Robert H. Smith School of Business took home second place and $300 each in the student case study competition at National Association of Black Accountants (NABA) National Convention & Expo, held in Las Vegas, June 10-13, 2015. This is the third year in a row Smith Terps have taken home an award.
Former Congressman and Chairman of the House Committee on Ways and Means, Michael G. Oxley, will speak on the passage of the Sarbanes-Oxley Act of 2002.
Cybersecurity analytics was the theme of the Fifth Annual Business Analytics Workshop, held in College Park, Md., on Monday, May 18, 2015. Co-sponsored by the University of Maryland’s Robert H. Smith School of Business and IBM, the day-long workshop consisted of topics ranging from calculating cybersecurity investments to applying machine learning to cyber defense. The workshop provided ample time for questions from the audience and speakers delivered real-time solutions to some of the attendees.
In this edition of Smith Business Close-Up with the University of Maryland’s Robert H. Smith School of Business, host Jeff Salkin sits down with Emanuel Zur to talk about his research findings, which delve into the issue of corporate tax loopholes.
John Hancock rallied a nation with his large autograph on the Declaration of Independence, but new research from the Smith School shows that signature size on corporate financial statements can signal far less noble intentions. The working paper, led by Smith accounting professor Nick Seybert and 2015 Smith PhD graduate Charles Ham, finds that chief financial officers with large signatures are more willing to exploit others and bend the truth in their favor. Read more...
The Robert H. Smith School of Business at the University of Maryland is recognized as one of the top research institutions in the world, but it is also a place where students can learn from some of the best teachers in the business. Each year, Smith awards three different honors to its faculty members who have demonstrated a passion for teaching excellence: The Distinguished Teaching Awards, the Krowe Teaching Excellence Awards and the Legg-Mason Award.
Eugene Cantor retired in 2015 after 31 years of federal service to return to his alma mater the University of Maryland to teach on a full-time basis. He served 25 years as an attorney with the Securities & Corporate Practices Division of the Office of the Comptroller of the Currency, an office of the United States Treasury Department. He also served as an investigative auditor with the former General Accounting Office, as an attorney with the United States Securities & Exchange Commission and as a legal honors intern with the Department of Housing and Urban Development.
Congratulations to the 1,200 students who graduated from the University of Maryland’s Robert H. Smith School of Business on Thursday, May 21, 2015, at the Xfinity Center! The Smith School celebrated with two ceremonies – the first for undergraduates and the second for masters and PhD students.