Edward Riedl

Eddie Riedl is the John F. Smith Professor of Management, Professor of Accounting, and Chair of the Accounting Department in the Questrom School of Business. He joined Boston University in 2011; he was previously at the Harvard Business School from 2002-2011. He graduated from Regis High School in New York City, the only all-scholarship high school in the country. He received a combined BBA/MBA at Pace University in 1992, and his PhD from Penn State University in 2002.

Prior to entering academia, he worked at a Big 6 auditor, in internal audit at a Fortune 500 oil company, and in corporate reporting at a real estate brokerage house. During his career, he attained the professional designations of CPA, CMA, and CIA.

His research focuses on three mega-trends within financial reporting today: fair value accounting, and global reporting, and expanding the reporting model (including ESG – environmental, social, and governance – reporting). He has published in the top-tier accounting (The Accounting Review, Journal of Accounting Research, Review of Accounting Studies, Contemporary Accounting Research) and management journals (Management Science), with over 85 presentations at universities around the world, including Harvard, Stanford, Chicago, London Business School, and Chinese University of Hong Kong. His research has been recognized with the Competitive Manuscript Award (given in recognition for the top accounting dissertation), and he is among the 875 most-downloaded authors on SSRN. He has served on a number of doctoral committees at both HBS and BU, and published extensively with doctoral students and junior accounting faculty.

Eddie teaches classes at the undergraduate, MBA, executive, and doctoral levels. Both of his undergraduate and graduate “Financial Statement Analysis” courses have consistently ranked among the three highest-rated courses at BU’s Questrom School of Business. He has taught executive programs for a number of Fortune 500 firms, including BP, Ericsson, IBM, and TE Connectivity. His case studies have sold over 100,000 copies to date, with a focus on financial reporting and valuation topics in the real estate, financial services, agriculture, chemical, restaurant, and incarceration industries.

His passions are his wife and three children, otters, and (with hope springing ever eternal) the New York Mets.

EDUCATION

• PhD, Pennsylvania State University, 2002
• BBA, Pace University, 1992
• MBA, Pace University, 1992

SELECTED PUBLICATIONS

• Riedl, E., Sun, E., Wang, G. (In Press). "Sentiment, Loss Firms, and Investor Expectations of Future Earnings", Contemporary Accounting Research
• Neururer, T., Papadakis, G., Riedl, E. (In Press). "The Effect of Reporting Streaks on Ex-Ante Uncertainty", Management Science
• Neururer, T., Papadakis, G., Riedl, E. (2020). "The Effect of Reporting Streaks on Ex Ante Uncertainty", Management Science, 66 (8), 3771-3787
• Riedl, E., Sun, E., Wang, G. (2020). "Sentiment, Loss Firms, and Investor Expectations of Future Earnings",
• Albuquerque, A., Chen, B., Dong, Q., Riedl, E. (2019). "Ex Post Settling Up in Cash Compensation: New Evidence", Contemporary Accounting Research, 36 (Winter), 2283-2318
• Grewal, J., Riedl, E., Serafeim, G. (2019). "Market Reaction to Mandatory Nonfinancial Disclosure", Management Science, 65 (7), 3061-3084
• Neururer, T., Papadakis, G., Riedl, E. (2016). "Tests of investor learning models using earnings innovations and implied volatilities", Review of Accounting Studies, 21 (2), 400-437
• Müller, M., Riedl, E., Sellhorn, T. (2015). "Recognition versus Disclosure of Fair Values", The Accounting Review, 90 (6), 2411-2447
• Liang, L., Riedl, E. (2014). "The Effect of Fair Value versus Historical Cost Reporting Model on Analyst Forecast Accuracy", The Accounting Review, 89 (3), 1151-1177
• Goncharov, I., Riedl, E., Sellhorn, T. (2014). "Fair value and audit fees", Review of Accounting Studies, 19 (1), 210-241
• Brochet, F., Jagolinzer, A., Riedl, E. (2013). "Mandatory IFRS Adoption and Financial Statement Comparability", Contemporary Accounting Research, 30 (4), 1373-1400
• Riedl, E., Serafeim, G. (2011). "Information Risk and Fair Values: An Examination of Equity Betas", Journal of Accounting Research, 49 (4), 1083-1122
• Muller, K., Riedl, E., Sellhorn, T. (2011). "Mandatory Fair Value Accounting and Information Asymmetry: Evidence from the European Real Estate Industry", Management Science, 57 (6), 1138-1153
• Riedl, E., Everett, J. (2010). "Restaurant Valuation: O'Charley's and AFC", Harvard Business School Accounting & Management Unit case (111)
• Riedl, E., Meyer, K. (2010). "SIPEF: Biological Assets at Fair Value Under IAS 41", Harvard Business School Accounting & Management Unit Case (110)
• Riedl, E., Srinivasan, S., Katz, S. (2010). "Citigroup 2007: Financial Reporting and Regulatory Capital", Harvard Business School Finance case (111)
• Riedl, E. (2010). "Discussion of “Accounting Conservatism and the Temporal Trends in Current Earnings’ Ability to Predict Future Cash Flows versus Future Earnings: Evidence on the Trade-off between Relevance and Reliability”, Contemporary Accounting Research, 27 (2), 461-467
• Riedl, E., Srinivasan, S. (2010). "Indication de la performance de l’entreprise au moyen de la présentation des états financiers: une analyse faisant appel aux éléments exceptionnels", Contemporary Accounting Research, 27 (1), 16-16
• Riedl, E., Srinivasan, S. (2010). "Signaling Firm Performance Through Financial Statement Presentation: An Analysis Using Special Items", Contemporary Accounting Research, 27 (1), 8-8
• Armstrong, C., Barth, M., Jagolinzer, A., Riedl, E. (2010). "Market Reaction to the Adoption of IFRS in Europe", The Accounting Review, 85 (1), 31-61
• Liang, L., Riedl, E., Venkataraman, R. (2008). "The determinants of analyst-firm pairings", Journal of Accounting and Public Policy, 27 (4), 277-294
• Dietrich, J., Muller, K., Riedl, E. (2007). "Asymmetric timeliness tests of accounting conservatism", Review of Accounting Studies, 12 (1), 95-124
• Riedl, E. (2004). "An Examination of Long-Lived Asset Impairments", The Accounting Review, 79 (3), 823-852
• Barron, O., Byard, D., Kile, C., Riedl, E. (2002). "High-Technology Intangibles and Analysts' Forecasts", Journal of Accounting Research, 40 (2)
• Conaway, J., Liang, L., Riedl, E. (2019). "Market Perceptions of Fair Value Reporting for Tangible Assets", JAAF: Journal of Accounting Auditing and Finance
• Riedl, E., Sun, Y., Wang, G."Does Sentiment Affect Investor Expectations of Future Earnings?", Contemporary Accounting Research
• Bayer, E., Srinivasan, S., Riedl, E., Skiera, B."The Impact of Online Display and Paid Search Advertising Relative to Offline Advertising on Firm Performance and Firm Value", International Journal of Research in Marketing
• SELECTED RESEARCH PRESENTATIONS
• Riedl, E. Market Perceptions of the Informational and Convergence Effects of Fair Value Reporting for Tangible Assets: US and Cross-Country Evidence, Accounting Seminar, University of Georgia, 2017
• Riedl, E. The Disclosure of Good versus Bad News: Evidence from the Biotech Industry, Rotman Accounting Conference, University of Toronto, 2017
• Bayer, E. , Srinivasan, S. , Riedl, E. , Skiera, B. The Impact of Online Display and Paid Search Advertising Relative to Offline Advertising on Firm Performance and Firm Value

AWARDS AND HONORS

• 2017, Outstanding Service Award, Financial Accounting and Reporting Section
• 2017, Outstanding Discussion Award, Financial Accounting and Reporting Section
• 2011, Outstanding Reviewer Award, Contemporary Accounting Research
• 2004, Competitive Manuscript Award, American Accounting Association
• 2003, Capstone Professor Teaching Award, Harvard Business School
• 2001, Arthur Andersen Foundation Dissertation Fellowship, Arthur Andersen Foundation
• 1999, W. Edward Hastings Graduate Scholarship, Penn State University
• 1997, Executive Education Doctoral Fellowship, Penn State University
• 1997, American Accounting Association Doctoral Fellowship, American Accounting Association
• 1997, G. Kenneth Nelson Fellowship, Penn State University
• 1996, CMA (Certified Management Accountant), Institute of Management Accountants
• 1995, CPA (Certified Public Accountant), American Institute of Certified Public Accountants
• 1994, CIA (Certified Internal Auditor), Institute of Internal Auditors
• 1988, Full Trustee Scholarship, Pace University