Mikhail B. Pevzner

Professor (with tenure),

Ernst and Young Chair in Accounting,

Merrick School of Business,

University of Baltimore

OTHER ACADEMIC APPOINTMENTS:

Associate Professor of Accounting, University of Baltimore, 2013-2018
Adjunct Professor of Accounting, Virginia Tech MBA Program, 2018-2022
Assistant Professor of Accounting, George Mason University, 2007-2013.

OTHER NON-ACADEMIC APPOINTMENTS:

Expert--Financial Economist (SGA), U.S. Securities and Exchange Commission, Division of Economic and Risk Analysis, October 2022-present.
Visiting Scholar/Economist, Financial Industry Regulatory Authority (FINRA), Office of Chief Economist, June 2021-March 2022
Visiting Economist, U.S. Securities and Exchange Commission, Division of Economic and Risk Analysis, July 2018-July 2019.
Visiting Academic Fellow, U.S. Securities and Exchange Commission, Office of Chief Accountant, August 2016-Juy 2017

RESEARCH INTERESTS

Empirical Archival Capital Markets Research, Empirical Archival Auditing, Disclosure, International Accounting and Finance

TEACHING INTERESTS

Financial Accounting, Auditing, Financial Statement Analysis and Valuation, Government Accounting

ACADEMIC BACKGROUND

Ph.D. Department of Accounting, Washington University, St Louis, Missouri, 2007

M.S.B.A. Washington University, St Louis, Missouri, Business Administration, 2004

B.S.B.A. University of Minnesota, Twin Cities, Minnesota, Accounting, 1999

PROFESSIONAL CERTIFICATION

CPA (Maryland)

INTELLECTUAL CONTRIBUTIONS

PEER REVIEWED PUBLISHED RESEARCH ARTICLES (Financial Times Ranking articles are highlighted in BOLD):

(1) Felix, R., Khavis, J., and M. Pevzner (2023). The effects of Local Newspaper Closures on Nonprofits Executive Compensation. Forthcoming, Journal of Accounting and Public Policy.

SSRN version: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4194822

(2) McKenna, F., Pevzner, M., Sheneman A., and T. Zach (2022). "Corruption in the Auditor Inspection Process: The Case of KPMG and the PCAOB”. Forthcoming, Issues in Accounting Education

(3) Chang, Y., A. Duru, Y. Fan, C. Pirinski, and M. Pevzner (2022). Terrorism Activities and Long-Term Management Earnings Forecasts. Journal of Accounting and Public Policy, 41(3), 1-22

(4), Felix, R., M. Pevzner and M. Zhao (2021). Cultural Diversity of Audit Committees and Firms’ Financial Reporting Quality. Accounting Horizons, 35 (3): 143–159

(5) Chi, W., L. Lisic, L. Myers, M. Pevzner and T. Siedel (2022). Does Visibility of an Engagement Partner’s Association with Recent Client Restatements Increase Fee Pressures from Non-Restating Clients? Accounting Horizons, 36(2), 19-45

(6) Pevzner, M., Radhakrishnan, S., and C. Seethamraju (2022). Macroeconomic Outlook Optimism and Analysts’ Four-Quarter-Ahead Quarterly Earnings Forecast Optimism. Forthcoming, Asian-Pacific Journal of Accounting and Economics.

(7) Kim, JB, M. Pevzner and X. Xin (2019). Foreign Institutional Ownership and Auditor Choice: Evidence from Worldwide Institutional Ownership . Journal of International Business Studies, 50(1), 83-110. Available on SSRN at:http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2807691

(8) Golden, J., R. Mashruwala, and M. Pevzner (2020). Labor Heterogeneity and Asymetric Cost Behavior: An extension. Management Accounting Research, 46 .

(9) Knechel, RM, N. Mintchik, M. Pevzner, and U. Velury (2019). The effects of generalized trust and civic cooperation on the Big N presence and audit fees across the globe . Auditing: Journal of Practice and Theory, 38(1), 193-219 Available on SSRN at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2815180

(10) Chi, W., L. Lisic, L. Myers, M. Pevzner and T. Siedel (2019). The Consequences of Providing Low Quality Audits on Audit Partner Level. Journal of International Accounting Research, 18(3), 63-82

(11) Felix, R., G. Gaynor, M. Pevzner and J. Williams (2017).Societal Trust and the Economic Behavior of Non-Profit Organizations

Advances in Accounting 39, 21-31 , Available on SSRN at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2799466

(12) Pevzner, M., F. Xie, and X. Xin (2015). When FirmsTalk, Do Investors Listen? The Role of Trust in Stock Market Reactions toCorporate Earnings Announcements. Journal of Financial Economics, July 2015.; SSRN Version: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2144835

(13) Pevzner, M. and G. Gaynor (2016). The Impact of Internal Control Weaknesses on Firms' Cash Policies . International Journal of Accounting, Auditing and Performance Evaluation, 12(4), 396-421.

(14) Kitching, K., R. Mashruwala, and M. Pevzner (2016). Culture and cost-behavior: a cross-country study. The International Journal of Accounting, 51(3), 402-417.

(15) Aier, JK, L. Chen and M. Pevzner (2014). Debtholders’ Demand for Conservatism: Evidence from Changes in Directors Fiduciary Duties. Journal of Accounting Research 52(5), 993-1027 (lead article);

SSRN Version: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2049319

(16) Hackenbrack, K., Jenkins, N., & Pevzner, M. (2014). Relevant but delayed information in negotiated audit fee. Auditing: Journal of Practice and Theory, 33(4), 95-117; SSRN Version: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1668983

(17) Knechel, W.R, Krishan G., Pevzner, M., Shefchik, L., and U. Velury (2013). Audit Quality Indicators: Insights from Academic Literature. PCAOB Synthesis Project. Auditing: Journal of Practice and Theory, Volume 32, Supplement 1; 2016 AJPT Best Paper Award

SSRN Version: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2040754

(18) Chen, L., Krishnan, G., & Pevzner, M. (2012). Pro-Forma Disclosures, Audit Fees, and Auditor Resignations, Journal of Accounting and Public Policy, 31(3), 237-257 (lead article).

(19) Krishnan, G., Pevzner, M., & Sengupta, P. (2012). How Do Auditors View Managers’ Voluntary Disclosure Strategy? The Effect of Management Guidance on Audit Fees. Journal of Accounting and Public Policy, 31(5), 492-515

(20) Gopalan, R., Kadan, O., & Pevzner, M. (2012). Asset Liquidity and Stock Liquidity. Journal of Financial and Quantitative Analysis, 47(2),333-364

SSRN Version: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1362074

(21) Chi, W., Lisic, L., & Pevzner, M. (2011). Is Enhanced Audit Quality Associated with Greater Real Earnings Management? Accounting Horizons, 25(2), 315-335.

(22) Gupta, M., Pevzner, M., & Seethamraju, C. (2010). The Implications of Absorption Cost Accounting and Production Decisions for Future Firm Performance and Valuation. Contemporary Accounting Research, 28(3), Fall 2010, pp.1-34

SSRN version: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=817510

(23) Kim, B. H. & Pevzner, M. (2010).Conditional Accounting Conservatism and Future Negative Surprises: An Empirical Investigation. Journal of Accounting and Public Policy 29, 311-329 (lead article).

OTHER PUBLICATIONS:

(1) · Abernathy, J., R. Felix, G. Krishnamoorthy, K. Jamal and M. Pevzner (2015). Comments of the Standards Committee of the Auditing Section of the American Accounting Association on the SEC’s Concept Release No. 33-9862; 34-75344 File No. S7-13-15, ‘Possible Revisions to Audit Committee Disclosures, Current Issues in Auditing, December 2015

(2) G. Gaynor, D. Janwrin, M. Pittman, M. Pevzner, and L. White (2015). Comments of the Standards Committee of the Auditing Section of the American Accounting Association on IESBA Consultation Paper Improving the Structure of Code of Ethics for Professional Accountants. Current Issues in Auditing, 9(1), June 2015

(3) G. Gaynor, Morse, J., and M. Pevzner (2015). Crowdfunding: What the SEC’s Proposed New Rules Could Mean for CFOs and Potential “Unsophisticated” Investors? Strategic Finance, October 2015, pp. 34-39.

(4) Abernathy, J., K. Hackenbrack, J. Joe, M. Pevzner, and Y. Wu (2014). Comments of the Standards Committee of the Auditing Section on PCAOB Staff Consultation Paper Auditing Accounting Estimates and Fair Value Measurements, Current Issues in Auditing, 9(1), June 2015

(5) Curtis, M., K. Pany, M. Pevzner, J. Robertson, and. J. Zhang (2013). Comments by the Auditing Standards Committee of the Auditing Section of the American Accounting Association on the IESBA Proposal: Responding to Suspected Illegal Acts. Current Issues in Auditing, 7(1), C21-C29

(6) Kitching, K., M. Pevzner, and N. Stephens (2013). Comments by the Auditing Standards Committee of the Auditing Section of the American Accounting Association on the Proposed New COSO Framework. Current Issues in Auditing, 7(1), C30-C33

(7) Feng, N., M. Pevzner, J. Robertson, and M. Zade (2013). Comments by the Auditing Standards Committee of the Auditing Section of the American Accounting Association on International Standard on Auditing (ISA) 720 (Revised), The Auditor’s Responsibilities Relating to Other Information in Documents Containing or Accompanying Audited Financial Statements and the Auditor’s Report Thereon. Current Issues in Auditing, 7(2), C1-C6.

(8) Demirkan, S., N. Feng, N. Mintchik, M. Pevzner, and G. Sierrea (2013). Comments by the Auditing Standards Committee of the Auditing Section of the American Accounting Association on Framework for Audit Quality, Consultation Paper by International Auditing and Assurance Standards Board. Current Issues in Auditing, 7(2), C11-C22 .

(9) Feng, N. and M. Pevzner (2013). PCAOB Release No. 2013-002 Proposed Framework for Reorganization of PCAOB Auditing Standards and Related Amendments to PCAOB Auditing Standards and Rules. Current Issues in Auditing, 7(2), C7-C10

(10) Mintchik, N., M. Pevzner, and G. Sierra (2013). Comments on re-proposed PCAOB related parties standard. Current Issues in Auditing, 7(2), C23-C29.

(11) Jones, K., J. Aier, D. Brandon, T. Carpenter, P. Caster, L. Lisic, and M. Pevzner (2012). Comments by the Auditing Standards Committee of the Auditing Section of the American Accounting Association on the PCAOB Rulemaking Docket Matter 029: PCAOB Release 2011-007 Improving Transparency Through Disclosure of Engagement Partner and Certain Other Participants in the Audit. Current Issues in Auditing, 6(1), C1-C6.

(12) Jones, K. J. Aier, D. Brandon, T. Carpenter, Lisa M. Gaynor, W. R. Knechel, M. Pevzner, B. Reed, and P. Walker (2012). Comments of the Auditing Section of the American Accounting Association on PCAOB Rule-Making Docket Matter No. 37: Concept Release on Auditor Independence and Mandatory Auditor Rotation, Current Issues in Auditing, 6(1), C15-C27.

(13) Chen, L, L. Lisic, P. Michas, R. Pawlewicz, and M. Pevzner (2012). Comments by the Auditing Standards Committee of the Auditing Section of the American Accounting Association on the IAASB Proposal: Improving the Auditor’s Report. Current Issues in Auditing, 7(1), C11-C20

(14) Brazel, J., P. Caster, S. Glover, D. Janvrin, T. Kozloski, & M. Pevzner (2011). Comments on PCAOB Release No. 2011-003; Concept Release on Possible Revisions to PCOAB Standards Related to Reports on Audited Financial Statements. Current Issues in Auditing, 5(2), C1-C14

SELECTED WORKING PAPERS

(1) Matkaluk, L., N. Newton, M. Pevzner, and A. Zimmerman (2022). The role of international experience in audit partners' careers. Working Paper. SSRN link: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4121802

(2) McKenna, F., Pevzner, M., Sheneman A., and T. Zach (2020). McKenna, F., Pevzner, M., Sheneman A., and T. Zach (2020). Economic Consequences of Auditor Reputation Loss: Evidence from the Audit Inspection Scandal. Working Paper.

(3) McKenna, F., Pevzner, M., Sheneman A., and T. Zach (2022). “Deconstructing PCAOB: Anatomy of Failure ?” Also available at: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4227295 . Working Paper.

(4) Felix, R., Khavis, J., and M. Pevzner (2021). The Effects of Local Newspaper Closures on Nonprofits’ Executive Compensation. Working Paper

(5) Jenkins, N., M. Pevzner and S. Zhang (2019). Working Paper. Informativeness of Discretionary Disclosures of Goodwill Slack . Available on SSRN at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2633635

Consulting:

Expert economist at Employstats (on a part-time contract). Develop forecasting, valuation, and economic damages models for corporate litigation.

Thought Leadership:

Blog Posts (LinkedIn):

The scary prospects of not-so-far-away labor market

Labor dislocation: the role of universities and upskilling

The downside of American individualism and lack of trust in the current COVID 19 Pandemic

COVID 19 and Transformation of Higher Ed

Is there a right way to define an accredited investor?

Gen X and Gen Z in the Workplace –Implications for Educators

What can neuroscience teach us about fraud triangle, and why neurodiversity is indispensable in auditing

Earnings Guidance and Corporate Short-termism

How much accounting should MBA students know?

The discussion of corporate culture at PCAOB SAG meeting?

My reflections on Who Can You Trust?

Research Dialogues Presentation on Trust and Financial Markets: https://www.youtube.com/watch?v=WS0mpMmFbHc&feature=youtu.be

PROFESSIONAL SERVICE:

Dissertation Committee Member, DBA Program, Kennesaw State University (2016-present)

Editorial Board Member: The Accounting Review, July 2020-present.

Editorial Board Member, Auditing: Journal of Practice and Theory, July 2014-present

Editorial Board Member, The International Journal of Accounting, August 2014-present

Standards Committee of the Auditing Section of the American Accounting Association, Member, 2013-Present, Chair 2012-2013, Vice Chair, 2011-2012

Participant on Panel on Non-Compliance with Laws and Regulations (NOCLAR) of International Accounting Ethics Standards Board, July 2014, Washington, DC.

INSTITUTIONAL SERVICE:

Program Director, MS in Accounting and Business Advisory Services, University of Baltimore, 2014-present. Information on UB's MS in Accounting and Business Advisory Services can be found here: https://www.facebook.com/UBMSAcctg and here: http://www.ubalt.edu/merrick/graduate-programs/master-of-science/accounting-and-business-advisory-services-ms/