Financial Statement Analysis

Thomas R. Robinson, Ph.D., CPA, CFP, CFA, is an Associate Professor of Accounting at the University of Miami where he primarily teaches Financial Statement Analysis. Professor Robinson received his B.A. in Economics from the University of Pennsylvania and Master of Accountancy from Case Western Reserve University. He practiced public accounting for 10 years prior to earning his Ph.D. in accounting with a minor in finance from Case Western Reserve University.

Professor Robinson has won several teaching awards, including Outstanding Educator from the Florida Institute of CPAs, and has published regularly in academic and professional journals. He is also a co-author of Analysis of Equity Investments: Valuation, published by the Association for Investment Management and Research. He has served as a consultant on financial statement analysis and valuation issues for investment management firms, law firms, accounting firms, and governmental agencies.

Professor Robinson is active locally and nationally with the Association for Investment Management and Research (AIMR) and has served on several committees including AIMR's Financial Accounting Policy Committee and the Council of Examiners. He is past-president and a current board member of the Miami Society of Financial Analysts.

Paul Munter, Ph.D., CPA,' is currently KPMG Professor and Chairman of the Department of Accounting at the University of Miami in Coral Gables, Florida. Professor Munter earned his Ph.D. in accounting at the University of Colorado. He received his B.S. and M.S. degrees from Fresno State University. He is also a CPA. In addition to his academic experience, he served as the Academic Fellow in the Office of the Chief Accountant at the U.S. Securities and Exchange Commission. He also served as a Director in Audit Services for the international firm of KPMG.

Professor Munter has published extensively in the accounting literature, having co-authored five books and monographs and over 200 articles and technical papers primarily on financial accounting and auditing matters in journals such as Journal of Accountancy, CPA Journal, Management Accounting, Accounting Review, Behavioral Research in Accounting, and Practical Accountant.

Professor Munter has been active in the standard-setting process in the United States, including serving as a member of the AcSEC Task Force that developed Statement of Position 98-1 on the accounting for software obtained for internal purposes. Additionally, he was a member of the AICPA's SPE Task Force.

Dr. Munter has been actively involved in CPE and consulting activities for numerous CPA firms (including national, regional, and local firms) as well as for publicly held and privately held companies. He has served as a consultant on accounting and auditing matters for several CPA firms.

Dr. Munter was honored by the Texas Society of CPAs as its first "Outstanding Discussion Leader." He has also been honored by the Florida Institute of CPAs as its Outstanding Educator.

Julia E. S. Grant, Ph.D., is an Associate Professor of Accountancy and the Associate Dean for Graduate Programs at the Weatherhead School of Management, Case Western Reserve University. She was on the faculty of The Ohio State University prior to joining the faculty of the Weatherhead School in 1991. She received her bachelor's degree from the University of Arizona and her MS and Ph.D. degrees from Cornell University.

In addition to numerous executive education seminars and programs, her teaching responsibilities have included the core accounting course in the MBA program and a doctoral seminar, as well as undergraduate introductory and intermediate accounting.

Her research interests include developing a greater understanding of how to effectively use financial information about a firm. These interests have led to several research projects examining the reports of financial analysts and the disclosure policies of corporations. She has also published several papers applying game theoretic social dilemma settings and their effects on group and policy outcomes.

Dr. Grant has been interviewed for and cited in many national media outlets, including the Wall Street Journal, the New York Times, National Public Radio, Bloomberg News, Lehrer News Hour, and Business Week. These citations have appeared in articles on various accounting scandals and their aftermath.