Earlier this week, French economist Jean Tirole won the Nobel Prize in economics. The news reverberated throughout the University of Maryland’s Robert H. Smith School of Business, especially when Professor Martin Loeb added Tirole to his list of Nobel Laureates who have previously cited his work. Loeb, who teaches accounting and information assurance and is a Deloitte & Touche Faculty Fellow, has a total of 10 Nobel Laureates on that list, including Kenneth Arrow, Eric Maskin and now Tirole.

University of Maryland’s Robert H. Smith School of Business alumnus Howard Schilit, PhD ’81, CEO of Schilit Forensics and co-author of Financial Shenanigans, is bringing new insight to accounting students through the Schilit Scholars in Accounting program.

Students at the University of Maryland’s Robert H. Smith School of Business take dozens of courses in business, but there is usually ‘that one class’ that stands out as a game changer, making a profound and lasting impact. We asked our students and alumni via Facebook to tell us about their favorite courses at Smith. Here are their top 10 courses: 1. Forensic Accounting/Fraud Aditya Yerramilli ’09 says Forensic Accounting/Fraud from Sandra Rose: “Set me up for my entire professional career.”

Thursday, July 3, 2014, 7:30 p.m. | Sunday, July 6, 2014, 7:30 a.m. Investors have proven to be smart enough to sniff out companies’ implausible explanations for their quarterly earnings results, according to a new study. In this edition of Smith Business Close-Up with the University of Maryland’s Robert H. Smith School of Business, Michael Kimbrough talk about his new research that looks at how investors respond to corporate news releases explaining quarterly earnings reports.

Students from the University of Maryland’s Robert H. Smith School of Business were finalists in the Association of Latino Professionals in Finance and Accounting (ALPFA) National Case Competition, sponsored by KPMG and held at their national convention in Orlando, Fl., August 2-5, 2014. This is the fourth year in a row that UMD has been a finalist – coming in second place the previous two years.

The University of Maryland’s Robert H. Smith School of Business is happy to welcome 12 new full-time faculty members to start the fall semester of 2014. New faculty joined the following areas: Accounting and Information Assurance Sebahattin Demirkan, Visiting Assistant Professor Samuel Handwerger, Lecturer (formerly adjunct faculty) Decisions, Operations and Information Technology

For the second year in a row, accounting students from the University of Maryland’s Robert H. Smith School of Business took home first place in the student case study competition at National Association of Black Accountants (NABA) National Convention & Expo, held in Washington, D.C., June 18-20, 2014. 

Dr. Progyan Basu has been selected for the 2014 Undergraduate Studies Faculty Fellows at the University of Maryland. During the 2014-15 academic year, the Undergraduate Faculty Fellows will participate in a faculty learning community that will consider the challenges and opportunities in teaching large enrollment courses and seek to understand and define these courses as uniquely important for student success.

Don’t blame bailouts for excessive risk taking, one researcher said May 29, 2014, during a daylong accounting conference at the University of Maryland’s Robert H. Smith School of Business. Research presented at the third annual Journal of Accounting and Public Policy Conference in College Park, Md., shows how the expectation of a safety net — which comes with strings attached — actually reins in shareholders and managers with limited liability.

Research by Michael Kimbrough Each quarter brings a flurry of news releases coming from publicly traded companies announcing their earnings, often with an explanation for the good or bad numbers. The companies have a lot riding on the highly scrutinized earnings reports: Stock price changes can be significant as the market reassesses the future prospects of a firm.