About

Professor Annette Beatty holds the Deloitte and Touche Chair of Accounting at the Fisher College of Business, a position she has held since 2006 when she became the first female endowed chair in the college's history. She joined Ohio State University in 2004 as the first female full professor in the Accounting & Management Information Systems department. Her academic background includes a Ph.D. from the Massachusetts Institute of Technology, an MBA from the University of Chicago Booth School of Business, and a BA from The College of the University of Chicago. She has also served as a faculty fellow at the University of Cambridge Judge School of Business since 2018. Prior to her current role, she held faculty positions at Penn State University and The University of Pennsylvania Wharton School of Business, where she was a fellow of the Wharton Financial Institutions Center. Her research focuses on the economic effects of accounting, with particular interest in accounting's role in debt contracting and bank regulation. She has published extensively in prestigious journals such as the Journal of Accounting and Economics, the Journal of Accounting Research, and The Accounting Review. Professor Beatty has presented her research at numerous academic institutions and industry organizations, including the Federal Reserve Bank, the Federal Deposit Insurance Corporation, and the Bank of Spain. She has served as an editor and on editorial boards for leading accounting journals and has chaired multiple Ph.D. dissertation committees, supervising students who now hold faculty positions at top institutions worldwide. Her contributions have been recognized with awards such as the Distinguished Ph.D. Mentoring Award and the Service Award from the American Accounting Association Financial Accounting Reporting Section.

Research topics

• Computer Science
• Business
• Actuarial science
• Economics
• Finance
• Data Mining
• Microeconomics
• Econometrics

Selected publications

• How Good Is Goodwill Accounting? Comparative Evidence on Post-FAS 141(R) Acquired Intangibles Accounting

  The Accounting Review · 2026-02-04

  articleOpen access1st authorCorresponding

  ABSTRACT Concerns that goodwill impairments unresponsiveness to declining performance produces inflated goodwill led standard-setters to reconsider post-acquisition impairment-only accounting. We use granular large-scale data to provide institutionally relevant novel descriptive evidence motivated by this hotly debated accounting standard. Comparing goodwill versus other acquired intangibles growth rates for firms reporting goodwill throughout the 2010–2020 post-FAS 141(R) period provides no evidence of runaway goodwill inflation concerns. For firms with goodwill anytime during 2010–2020 we use Shapley values to explore the explanatory power of performance factors affecting goodwill impairments. Consistent with standard-setters’ intent, single-segment market performance explains 81 percent of goodwill impairment incidence variation (controlling for Fama-French-38 industry and time fixed-effects). Limited evidence of reduced impairment incidence after incorporating FASB sanctioned control premia or alternative market values provides little support for discretionary impairment avoidance. Conversely, higher impairment incidence when book values incorporate IFRS (2020) proposed off-balance-sheet headroom or market-to-book decreases supports discretionary impairment recognition. Data Availability: The data used in this study are obtained from commercial sources, including Compustat, Calcbench, I/B/E/S, FactSet Mergerstat/BVR, and Peters and Taylor's intangible capital dataset. JEL Classifications: M41; M48; G34.

  PublisherOA PDFDOI

• Financial Accounting and Disclosure in Banking

  Oxford University Press eBooks · 2025-04-22

  book-chapter1st authorCorresponding

  Abstract The rules governing financial accounting and disclosure in the banking industry often change in response to economic crises. This chapter reviews the recent literature in four areas of research that have been directly affected by both the recent string of bank failures in the United States and the Global Financial Crisis. These areas are fair value accounting, loan loss provisioning, accounting quality and monitoring mechanisms, and stress test disclosures. These rule changes in response to crises often also serve as natural experiments where researchers use difference-in-differences analyses to identify the effect of rule changes. Because of the importance of the policy implications of these studies, recent developments in econometrics relating to this research design are also discussed. Throughout the chapter potentially fruitful avenues for future research related to each of these areas are offered.

  PublisherDOI

• How Good is Goodwill Accounting? Comparative Evidence on post-FAS 141(R) Acquired Intangibles Accounting

  SSRN Electronic Journal · 2025-01-01

  preprintOpen access1st authorCorresponding
  PublisherDOI

• Is the Goodwill Impairment-Only Model Broken? An Examination of Post-Acquisition Accounting for Goodwill versus Other Intangibles

  SSRN Electronic Journal · 2024-01-01 · 3 citations

  articleOpen access1st authorCorresponding
  PublisherDOI

• Financial Accounting and Disclosure in Banking

  SSRN Electronic Journal · 2023-01-01 · 3 citations

  articleOpen access1st authorCorresponding
  PublisherDOI

• Alternative evidence and views on asymmetric loan loss provisioning

  Journal of Accounting and Economics · 2020 · 17 citations

  1st authorCorresponding
  • Computer Science
  • Econometrics
  • Data Mining
  PublisherOA PDFDOI

• Alternative Evidence and Views on Asymmetric Loan Loss Provisioning

  SSRN Electronic Journal · 2020-01-01

  articleOpen access1st authorCorresponding
  PublisherDOI

• What Do Analysts' Provision Forecasts Tell Us about Expected Credit Loss Recognition?

  The Accounting Review · 2020 · 34 citations

  1st authorCorresponding
  • Computer Science
  • Business
  • Actuarial science

  ABSTRACT We document potential cross-sectional differences in how expected loss accounting will affect provision timeliness to provide important policy insights and contribute to the literature regarding the estimation of the expected loss model adoption impact and provision timeliness determinants. Our findings that analyst provision forecasts incrementally predict future nonperforming loans (NPLs) and market returns suggest that the incurred loss provision does not incorporate all available future loss information. Higher incremental coefficients on provision forecasts for banks with greater unrecognized future losses and incurred loss constraints suggest CECL could affect cross-sectional provision timeliness differences by removing these constraints. Specifically, the provision forecast and future NPL association increases with banks' unconstrained future loss estimates reflected in loan fair value disclosures and incurred loss constraints indicated by heterogeneous loans individually reviewed for impairment. This association also increases with EPS forecast errors, but decreases with target price and NPL forecast errors.

  PublisherOA PDFDOI

• Do Rating Agencies Benefit from Providing Higher Ratings? Evidence from the Consequences of Municipal Bond Ratings Recalibration

  Journal of Accounting Research · 2019-03-25 · 60 citations

  articleOpen access1st authorCorresponding

  ABSTRACT We ask whether credit rating agencies receive higher fees and gain greater market share when they provide more favorable ratings. To investigate this question, we use the 2010 rating scale recalibration by Moody's and Fitch, which increased ratings absent any underlying change in issuer credit quality. Consistent with prior research, we find that the recalibration allowed the clients of Moody's and Fitch to receive better ratings and lower yields. We add to this evidence by showing that the recalibration also led to larger fees and to increases in the market shares of Moody's and Fitch. These results are consistent with critics’ concerns about the effects of the issuer‐pay model on the credit ratings market.

  PublisherOA PDFDOI

• The effect of banks’ financial reporting on syndicated-loan structures

  Journal of Accounting and Economics · 2019-02-01 · 39 citations

  articleOpen access1st author
  PublisherOA PDFDOI

Frequent coauthors

• Joseph Weber

  Massachusetts Institute of Technology

  46 shared

• Scott Liao

  University of Toronto

  27 shared

• W. SCOTT LIAO

  18 shared

• Jennifer Lynne M. Altamuro

  8 shared

• Joseph Magliolo

  Southern Methodist University

  7 shared

• Reining Petacchi

  7 shared

• David G. Harris

  Syracuse University

  7 shared

• Haiwen Zhang

  University of Minnesota System

  6 shared

Education

• Ph.D., Accounting

  The Ohio State University

• M.S., Accounting

  The Ohio State University

• B.S., Accounting

  The Ohio State University

Awards & honors

• Distinguished Ph.D. Mentoring Award, American Accounting Ass…
• Service Award, American Accounting Association Financial Acc…
• Best Dissertation Supervision Award, American Accounting Ass…
• KPMG UIUC Competitive Manuscript Award for papers on Reporti…
• Sloan Foundation Industry Center Fellowship (2001-2002)