Scott Whisenant

Associate Professor
Primary office:
785-864-7577
Capitol Federal Hall
Room 4173
University of Kansas


Summary

Academic Area

Accounting

Background

Professor Whisenant is an Associate Professor and Fred Ball Fellow at the University of Kansas. He has a Ph.D. in accounting from the University of Oklahoma, and has previously been a member of the faculty at Georgetown University, Massachusetts Institute of Technology, and the University of Houston. His research investigates factors related to both earnings quality and audit quality, and has been published in The Accounting Review, Journal of Accounting Research, Review of Accounting Studies, Journal of Accounting Auditing & Finance, Accounting Horizons, and Auditing: A Journal of Practice and Theory.

Professional License/Certification/Membership

  • Certified Management Accountant (# 9111990)
  • American Accounting Association (member: FARS, audit, and forensic sections)
  • Institute of Management Accountants (member)
  • Association of Certified Fraud Examiners (member, #574558)
  • Certified Public Accountant (Texas, inactive)
  • American Institute of Certified Public Accountants (#5605020)

Education

  • Ph.D., University of Oklahoma
  • Master of Accountancy, University of Oklahoma
  • MBA, University of Texas at Tyler
  • B.B.A., Texas A&M University-Commerce

Teaching Interests

  • Audit
  • Audit quality
  • Financial reporting
  • Earnings quality
  • Earnings management
  • Auditor-client conflicts
  • Regulation of auditing profession

Research

Two related concepts that are critical to well-functioning and efficient capital markets tend to be the setting around which I design my studies: what factors cause variations in (1) the quality of earnings and (2) the quality of audit markets. My approach to research is to engage in scholarly pursuits that have a high expected impact to my academy as well as to practitioners and regulators. I enjoy the challenge of undertaking relatively more risky projects with the potential of high expected payoffs.

Research Interests

  • Audit
  • Audit quality
  • Financial reporting
  • Earnings quality
  • Earnings management
  • Auditor-client conflicts
  • Regulation of auditing profession
  • Event studies of accounting announcements
  • Impact of regulatory changes to the accounting industry

Selected Publications

Edelson, R. & Whisenant, S. (in press). A method for unlocking potential information in big data. The Journal of Forensic Accounting Research, forthcoming.

Hassabelnaby, H. Mosebach, J. Mosebach, M. & Whisenant, S. (2014). The Effect of Technical Default on Discretionary Accounting Decisions. International Research Journal of Applied Finance, Vol. V(Issue 8), 1075-1097.

Whisenant, S. (2006). An Analysis of the Information Content of Auditor Change Announcements: Grant Thornton LLP Engagements. In R. H. Colson (Ed.), Investor Perceptions of Audit Firm Parity (Vol. 1, no. 1, pp. 5-61). Edison, NJ: Grant Thornton.

Whisenant, S. Sankaraguruswamy, S. & Raghunandan, K. (2003). Evidence on the Joint Determination of Audit and Non-Audit Services. Journal of Accounting Research, 41(4), 721-744.

Raghunandan, K. Read, W. & Whisenant, S. (2003). Initial Evidence on the Association Between Non-Audit Fees and Restated Financial Statements. Accounting Horizons, 17(3), 223-234.

Fairfield, P. Whisenant, S. & Yohn, T. (2003). The Differential Persistence of Accruals and Cash Flows for Future Operating Income versus Future Profitability. Review of Accounting Studies, 8(2/3), 221-243.

Whisenant, S. Sankaraguruswamy, S. & Raghunandan, K. (2003). Market Reactions to Disclosure of Reportable Events. Auditing: A Journal of Practice and Theory, 22(1), 181-194.

Fairfield, P. & Whisenant, S. (2001). Using Fundamental Analysis to Assess Earnings Quality: Evidence from the Center for Financial Research and Analysis. Journal of Accounting, Auditing & Finance, 16(4), 273-295.


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Students in Applied Portfolio Management class manage a fund valued at $1 million
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