CURRICULUM VITAE

Paul R. Bahnson

Associate Professor of Accounting

College of Business and Economics

Boise State University

Boise, ID 83725

Office Phone: (208) 426-2190

Home Phone: (208) 331-3872

FAX: (208) 426-3637

Email: pbahnson@boisestate.edu

Education:

Ph.D. Business Administration–Accounting

University of Utah (1987)

M.B.A. Managerial Finance

Indiana University (1982)

B.A. Accounting (cum laude)

Augustana College–South Dakota (1979)

Teaching Experience

1999-Present Associate Professor, Boise State University

1994-1999 Associate Professor, University of Montana (tenured)

1995 Visiting Professor of Accounting, Norwegian School of Management, Sandvika,

NORWAY (Fall Semester)

1990-1994 Assistant Professor, University of Montana

1987-1990 Assistant Professor, University of Colorado

1982–1986 Teaching Fellow, University of Utah

Accounting Experience:

1984-1985 Postgraduate Internship, Financial Accounting Standards Board.

1979–1980 Staff Accountant (Audit), Deloitte and Touche (formerly Deloitte Haskins and Sells), Denver, CO.

1979 Audit Internship, Deloitte and Touche, Minneapolis, MN.

Teaching Interests: Financial accounting and financial statement analysis courses at undergraduate and graduate levels. Courses taught include:

• financial accounting principles (undergraduate and MBA)
• intermediate accounting
• accounting theory (MAcc)
• advanced financial accounting (undergraduate and MAcc)
• financial statement analysis (undergraduate and MBA)
• special issues in financial reporting (MAcc seminar)
• institutional issues (MAcc seminar)
• managerial accounting principles (undergraduate and MBA)

Research Interests: Research investigating financial accounting and reporting standards. An area of particular interest is the usefulness of cash flow information to financial statement users.

Awards and Other Information:

• Arthur Andersen Outstanding Teacher Award (2001-2002)
• Best Manuscript Award, 2002 Western AAA Meeting, Teaching and Curriculum Section. With Rick Gore and Denise English for “The Second Wave in Adopting the User Perspective: Integrating the Residual Income Model in the Introductory Accounting Course.”
• Beta Alpha Psi Outstanding Teaching Award (1996-97, 1990-91)
• MBA Outstanding Teaching Award (1997-98, 1996-97)
• Merit Award, University of Montana (1996-97, 1992-93)
• Summer Research Grant–CU (1988, 1987)
• Summer Research Grant–UM (1996, 1994, 1991)
• Summer Research Grant–BSU (2002, 2000)
• Summer Curriculum Development Grant–UM School of Business (1998)
• Certified Public Accountant (Utah)
• Member, American Accounting Association
• Member, Beta Alpha Psi

Journal Publications:

“A Fast Track to Direct Cash Flow Reporting,” with Paul Miller. Strategic Finance, February 2002, pp. 51-57.

“Quality Financial Reporting: Why You Need It and How to Implement It,” with Paul Miller. Journal of Corporate Accounting and Finance, Autumn 1999, pp. 83-101.

“Nonarticulation in Cash Flow Statements and Implications for Accounting Research, Education and Policy,” with Paul Miller and Bruce Budge. Accounting Horizons, December 1996, pp. 1-15.

“Four Steps to Useful Present Values,” with Paul Miller. Journal of Accountancy, May 1996, pp. 91-98.

“The Sensitivity of Failure Prediction Models to Alternative Definitions of Failure,” with Jon W. Bartley. Advances in Accounting, Vol. 10, 1992, pp. 255-278.

“The Usefulness of Cash Flow Data: A Review and Synthesis,” with John Neill, Tom Schaefer and Mike Bradbury. Journal of Accounting Literature, Vol. 10, 1991, pp. 117-150.

“The Emerging Issues Task Force: An Examination of Activities and Implications for Practice,” with Andy Rosman. Research in Accounting Regulation, Vol. 4, 1990, pp. 181-193.

Books and Related Materials:

Quality Financial Reporting, with Paul Miller. McGraw-Hill, 2002.

The FASB: the People the Process and the Politics, with Paul Miller and Rodney Redding. Fourth edition, IRWIN/McGraw-Hill 1998.

Instructor’s Manual for The FASB: the People the Process and the Politics, with Paul Miller and Rodney Redding. Fourth edition. IRWIN 1998.

The FASB: the People the Process and the Politics, with Paul Miller and Rodney Redding. Third edition. IRWIN 1994.

Instructor’s Manual for The FASB: the People the Process and the Politics, with Paul Miller and Rodney Redding. Third edition. IRWIN 1994.

Published Proceedings:

“Operating Cash Flows and Financial Distress: Further Evidence,” with Jon Bartley. Proceedings, International Conference on Cash-Flow Accounting, Institute of Business Administration, University of Nice, France, 1990.

Published Abstracts:

“The Second Wave in Adopting the User Perspective: Integrating the Residual Income Model in the Introductory Accounting Course.” AAA Western Region Meeting, April 2002. (Winner of the Best Manuscript Award, Teaching and Curriculum Section).

“Measuring the Effects of Political Compromise on Accounting for Stock Options and Their Tax Consequences,” AAA Western Region Meeting, May 2001.

“Environmental Liability Accruals: An Empirical Assessment,” AAA Western Region Meeting, May 1999.

“Errors in External Measures of Operating Cash Flow,” AAA Western Region Meeting, May 1994.

“Cash Flows and Financial Distress: Positive Evidence,” 1989 AAA Annual Meeting.

Other Published Work:

“The Spirit of Accounting” (a featured column coauthored with Paul Miller appearing in Accounting Today)

· “There is No Good Defense For What is Indefensible.” August 5, 2002.

· “The Book is Out on Quality Financial Reporting.” July 22, 2002.

· “Make That Fourteen Reasons to Change the Tone at the Top of the AICPA.” July 8, 2002.

· “Funding FASB: No Golden Handcuff¼No Puppet Strings¼No Kidding!” June 17, 2002.

· “Herz Heading FASB is Dikensain Best of Times.” June 3, 2002.

· “Twelve Reasons to Change Things at the Top Level of the AICPA.” May 29, 2002.

· “To the FAF on a Smaller FASB: Fix the Ecosystem First!” May 6, 2002.

· “What Do Houston and Los Alamos Have in Common? April 22, 2002.

· “The Three Ts of Useful Financial Information.” April 8, 2002.

· “Fastow’s Short Road From Paragon to Pariah: Quo Vadis?” March 5, 2002.

· “The Second Sentence in Rule 203 Could Have Saved Us All From Enron.” February 25, 2002.

· “LCM and Impairments—All Supply and No Demand.” January 28, 2002

· “The FEI—What a Frightfully Egotistical and Exorbitant Institution.” January 7, 2002.

· “A Different Tune, But Still the Same Old Song and Dance.” December 17, 2001.

· “GAAP for PP&E is Surely Museum Quality Accounting.” November 26, 2001.

· “Pfooling is Dead! Long Live Pfooling!” November 5, 2001.

· “Validation, Vindication and Financial Reporting Deregulation.” October 22, 2001.

· “A Time to Reflect on How the Worst Often Brings Out the Best.” October 8, 2001.

· “The Case of the Missing Disclosures—Did the Dog Eat Them?” September 24, 2001.

· “Initial Cost Equals Market Value? No That’s Just an Old Cliché.” September 3, 2001.

· “We Really, Really, Hate to Say it, But ¼ We Told You So!” August 20, 2001.

· “A Tale of Two Theories: The Law vs. Financial Reporting.” August 6, 2001.

· “What Would Happen if Golfers Used GAAP to Keep Score?” July 23, 2001.

· “Con Ed: Disclose Useful Information? We Won’t and You Can’t Make Us.” July 2, 2001.

· “Cognitancy—May It Rest in Peace (But No One Else Should).” June 18, 2001.

· “Public Policy Arguments to FASB—Uniformed, Disingenous or Both?” June 4, 2001.

· “More Bad Choices: There’s No Accounting for Options.” May 21, 2001.

· “Come on In, the Water’s Fine: The Rising Tide of QFR.” May 7, 2001.

· “Using Goodwill to Placate Ill Will Shows FASB Has Lost Its Will.” April 16, 2001.

· “It’s Time to Throw the Equity Method Overboard.” April 2, 2001.

· “Getting Real About Realization: It’s Only a Click Away.” March 19, 2001.

· “Inventory and Cost of Goods Sold: Getting Them Both Right.” February 26, 2001.

· “The LIFO Conformity Rule: Who Needs It?” February 12, 2001.

· “FASB Forgets Who’s Been Pfooling Around.” January 29, 2001.

· “Receivables, Payables and Other Forms of Bull.” January 8, 2001.

· “Jukeboxes, Congress and Accounting Issues.” December 18, 2000.

· “The Four Axioms of Quality Financial Reporting.” November 27, 2000.

· “Cavalier Attitudes Could Destroy Our Independence.” November 6, 2000.

· “Quality Financial Reporting: Cash Flows or Cash Flaws?” Oct. 23, 2000.

· “Is the Accounting Profession Building a Better Belchfire?” Oct. 9, 2000.

· “A Watchdog Or Concierge? The Auditors Need To Decide.” Sept. 25, 2000.

· “Gnats and Camels,” Sept. 4, 2000.

· “The SEC on Stock Ownership: Rule Making or Rule Molding?” Aug. 21, 2000.

· “Flegm-sy Support,” Aug. 7, 2000.

Refereed Presentations (not resulting in proceedings or abstracts):

“The Second Wave in Adopting the User Perspective: Integrating the Residual Income Model in the Introductory Accounting Course,” Northwest Accounting Research Group Meeting, October 2001.

“Measuring the Effects of Political Compromise on Accounting for Stock Options and Their Tax Consequences,” Northwest Accounting Research Group Meeting, October 2000.

“Environmental Liability Accruals: An Empirical Assessment,” Northwest Accounting Research Group Meeting, April 1998.

“Value Added Statements and Classification Patterns of Financial Ratios,” Northwest Accounting Research Group Meeting, October 1993.

“Errors in External Measures of Operating Cash Flow,” Northwest Accounting Research Group Meeting, April 1993.

“Choosing Between Troubled Debt Restructuring and Bankruptcy,” Northwest Accounting Research Group Meeting, April 1991.

“The Sensitivity of Predictive Models Including Operating Cash Flow to Alternative Definitions of Failure,” Research Forum, 1990 AAA Annual Meeting.

Working Papers:

“The Second Wave in Adopting the User Perspective: Integrating the Residual Income Model in the Introductory Financial Accounting Course,” with Rick Gore.

“The Foresight of Environmental Accruals,” with Michael Kehoe.

“The Income Impact of SFAS 123: Comparing Conjecture with Reality,” with Paul Miller and James Rothe.

“Using Quality Financial Reporting to Conquer Complacency in a Market-Driven World,” with Paul Miller.

Research in Progress:

SFAS 123: A Melting Pot of Theory. With Paul Miller.

A Scheme for Direct Method Operating Cash Flow Calculations. With Dave Koeppen.

Rethinking the LIFO Conformity Rule. With Paul Miller.

Editorial Review Work:

• Ad hoc reviewer, Accounting Horizons (1997-98, 1996-97, 1995-96)
• Ad hoc reviewer, Issues in Accounting Education (1997)
• Reviewer, AAA Annual Meeting (1999, 95, 92)
• Reviewer, Western Region AAA Meeting (2002, 1996, 95, 92)
• Ad hoc reviewer, Accounting Review (1990-91)
• Ad hoc reviewer, Pacific Accounting Review (1990)
• Paper Discussant, Western Region AAA Meeting (1996)

Noteworthy Conference Attendance:

• Doctoral Consortium, American Accounting Association, Toronto, Ontario, 1984.
• New Faculty Consortium, American Accounting Association, St. Charles, IL, 1987.
• Trueblood Seminar, Deloitte and Touche, Oak Park, IL, 1989.

Dissertation and Thesis Committee Work (* indicates committee chair):

· Jarle Holtet, Henrik Steenberg and Anette Weideborg, BA candidate, The Norwegian School of Management. “Nonarticulation in Statement of Cash Flows and Implications for Accounting Information.” Thesis successfully defended in November 2000.

· Jennifer Cote, MBA candidate, The University of Montana. “The Challenge of a New Standard for the Governmental Reporting Format.” Thesis successfully defended in June 1999.

· *Sara Streeter, MBA candidate, The University of Montana. “The Effect of Capitalizing and Amortizing Advertising Expense in Relation to Firm Stock Return.” Thesis successfully defended in May 1999.

· *Michael Kehoe, MAcc candidate, The University of Montana. “Accounting for Environmental Liabilities.” Thesis successfully defended in December 1997.

· Neil Rixe, MBA candidate, The University of Montana. “Textbook Management System Survey.” Thesis successfully defended in July 1995.

· John Dowds, Ph.D. candidate, Massey University (New Zealand). “The Contemporaneous Movement Between Cash Flow and Accruals-Based Accounting Numbers - The New Zealand Evidence.” Dissertation successfully defended in November 1995.

· Paul Donadio, Ph.D. candidate, University of Colorado. “Management Defects as a Cause of Corporate Failure: An Empirical Investigation of Argenti’s Theory of Corporate Failure.” Dissertation successfully defended in May 1991.

· Steven Paskin, Ph.D. candidate, University of Colorado. “Some Economic Determinants of Discretionary Accounting Changes.” Dissertation successfully defended in November 1990.

· Dale Marxen, Ph.D. candidate, University of Colorado. “Group Polarization in the Setting of Audit Time Budgets.” Dissertation successfully defended in June 1988.

· Steven Cahan, Ph.D. candidate, University of Colorado. “Legislative Action, Political Costs, and Firm Accounting Choice.” Dissertation successfully defended in May 1988.

Book Reviews:

Intermediate Accounting, Spiceland, Sepe and Tomassini, second edition, Irwin/McGraw-Hill, @ 2001. Reviewed for the publisher in 2000.

Committee Assignments and University Service:

School/College:

· Recruiting Coordinator–BSU Department of Accountancy 2001-02, 2000-01

· Promotion and Tenure Committee–BSU 2000-01, 1999-2000

· New Building Committee–BSU COBE 2001-02, 2000-01

· Faculty Advisor, Graduate Business Students Association, UM 1998-99

· Research Committee–UM 1998-99, 1997-98

· MBA Curriculum Committee–UM, 1998-99, 1997-98

· Undergraduate Curriculum Committee–UM, 1996-97, 1995-96, 1994-95

· Faculty Advisor, Beta Alpha Psi–UM, 1994-95

· Strategic Planning Committee–UM, 1993-94, 1992-93

· Scholarship Committee–UM, 1990-91

University wide:

· Advising Coordinator for Department of Accountancy–BSU, 2001-02, 2000-01, 1999-2000

· Academic Grievance Committee–BSU, 2000-01

· BSU Foundation Scholars Selection Committee–BSU, 2001-02 (chair), 2000-01

· Faculty Advisor, Scandinavian Students Club–UM, 1997-98

· Campus Development Planning Committee–UM, 1993

· Faculty Advisor, University of Montana Cycling Team–UM, 1993-94, 1992-93, 1991-92

· Scholarship Application Reader, General Scholarship Program–UM, 1992-93, 1991-92

Other:

· Membership Committee, American Accounting Association, 1992-93

Continuing Professional Education (CPE) Courses Taught:

· Two-hour course on Quality Financial Reporting for the FASB and its Staff, Norwalk, CT, June 7, 2002.

· Eight-hour accounting update course at each of the following 1998 Western CPE Conference locations: Whitefish, MT, Banff, Alberta, Lake Tahoe, CA, Las Vegas, NV, Halifax, Nova Scotia, Maui, HA, Cancun, Mexico.

· Eight-hour Ethics for Accountants course at each of the following 1998 Western CPE Conference Locations: Whitefish, MT, Banff, Alberta, Lake Tahoe, CA, Las Vegas, NV, Halifax, Nova Scotia, Maui, HA, Cancun, Mexico.

· Four-hour accounting update course for Missoula Chapter of IMA, May 18, 1998.

· Two-hour cash flow statement course for Missoula Chapter of IMA, May 1996.

· Two-hour cash flow statement course for KPMG Peat Marwick–Billings, July 1995.

· Two-hour cash flow statement review course and two-hour FASB/SEC update course at Montana Power Company, July 1994.

· Four-hour FASB review course at each of the following 1993 Western Accounting CPE Conference locations: San Diego, CA, Las Vegas, NV, Cancun, Mexico.

· Four-hour cash flow statement review course at each of the following 1993 Western Accounting CPE Conference locations: Big Fork, MT, Whitefish, MT, San Diego, CA, Las Vegas, NV, Cancun, Mexico.

· Four-hour financial statement analysis course at each of the following 1992 Western Accounting CPE Conference locations: Lake Tahoe, CA, Anaheim, CA, Snowbird, UT, Keystone, CO, Hualtuco, Mexico.

· Four-hour FASB review and four-hour financial statement analysis course at each of the following 1992 Western Accounting (CPE) Conference locations: Lake Tahoe, NV, Anaheim, CA, Snowbird, UT, Keystone, CO, Hualtuco, Mexico.

· Three-hour post-retirement benefits course for Beta Alpha Psi, University of Montana, October 1991.

· Two-hour post-retirement benefits course for Galusha, Higgins and Galusha, Missoula, May 1991.

· Three-hour cash flow course for Deloitte and Touche, Denver, July 1989.

· Three-hour lease accounting course for Deloitte and Touche, Denver, July 1988.

(Updated 8/28/02)