Susan Scholz

Executive Associate Dean, Professor and Porter Fellow
Primary office:
Capitol Federal Hall
Room 2112
University of Kansas


Academic Area



  • Ph.D. in Business Administration, University of Southern California

Teaching Interests

  • Financial accounting
  • Financial statement analysis

Research Interests

  • Financial Restatements
  • Market for audit services

Selected Publications

Masli, A. Porter, C. & Scholz, S. (2018). Determinants of Auditor Going Concern Reporting in the Banking Industry. Auditing Journal of Practice and Theory, 37(4), 187-205.

Haislip, J. Z., Myers, L. A., Scholz, S. & Seidel, T. A. (2017). The Consequences of Audit-Related Earnings Revisions. Contemporary Accounting Research, 34(4), 1880–1914.

Drake, M. S., Myers, L. A., Scholz, S. & Sharp, N. Y. (2015). Short Selling Around Accounting Restatements: When Do Bears Pounce? Journal of Accounting, Auditing, and Finance, 30(2), 218-245.

Scholz, S. (2014). Financial Restatement Trends in the United States: 2003-2012. Commissioned and published by the Center for Audit Quality

Huang, Y. & Scholz, S. (2012). Evidence on the Association between Financial Statement Restatements and Auditor Resignations. Accounting Horizons, 26(3), 439-464.

Carcello, J. V., Neal, T. L., Palmrose, Z. & Scholz, S. (2011). CEO Involvement in Selecting Board Members, Audit Committee Effectiveness, and Restatements. Contemporary Accounting Research, 28(2), 396-430.

Ettredge, M. L., Scholz, S. Smith, K. R., & Sun, L. (2010). How Do Restatements Begin? Evidence of Earnings Management Preceding Restated Financial Reports. Journal of Business Finance and Accounting, 37(3 & 4), 332-355.

Scholz, S. (2008). The Changing Nature and Consequences of Public Company Financial Restatements: 1997-2006. U.S. Department of the Treasury.

Kinney, W. Palmrose, Z. & Scholz, S. W. (2004). Auditor Independence and Non-audit Services: Is the Government Right? Journal of Accounting Research, 42(3), 561-588.

Palmrose, Z. Richardson, V. J., & Scholz, S. (2004). Determinants of Market Reactions to Restatement Announcements. Journal of Accounting and Economics, 37(1), 59-89.

Palmrose, Z. & Scholz, S. W. (2004). The Circumstances and Legal Consequences of Non-GAAP Reporting: Evidence from Restatements. Contemporary Accounting Research, 21(1), 139-180.

The school and accounting program are accredited by AACSB International, The Association to Advance Collegiate Schools of Business
Our Finance Scholars travel to Wall Street every year
Students in Applied Portfolio Management class manage a fund valued at $1 million
Business students get hands-on experience valuing and analyzing investments
Top 20 undergraduate accounting program —Bloomberg Businessweek
One of 34 U.S. public institutions in the prestigious Association of American Universities
44 nationally ranked graduate programs.
—U.S. News & World Report
Top 50 nationwide for size of library collection.
5th nationwide for service to veterans —"Best for Vets: Colleges," Military Times
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