Jay Thibodeau

Dr. Thibodeau is a former auditor and a CPA. He received his BS degree from the University of Connecticut in 1987 and his Ph.D. from the University of Connecticut in 1996. Dr. Thibodeau has conducted executive education programs for numerous leading firms including Fidelity Investments, KPMG, PricewaterhouseCoopers, Stryker, and Bluecoat Technologies.

He is a coauthor of two books, Auditing and Assurance Services (in its 9th edition) and Auditing and Accounting Cases: Investigating Issues of Fraud and Professional Ethics (in its 4th edition). In addition, he has written over 60 articles and book chapters for academics and practitioners and has published in journals such as Auditing: A Journal of Practice & Theory, Journal of Information Systems, Accounting Horizons, and Issues in Accounting Education.

Dr. Thibodeau served as the president of the Auditing Section of the American Accounting Association for the 2014/2015 academic year. He has also received national recognition for his work nine times. First, for his thesis, winning the 1996 Outstanding Doctoral Dissertation Award presented by the ABO section of the AAA. Five other times, for curriculum innovation, winning the 2001 Joint AICPA/AAA Collaboration Award, the 2003 Innovation in Assurance Education Award, the 2016 Forensic Accounting Teaching Innovation Award, the 2019 Innovation in Assurance Education Award and the 2023 Innovation in Assurance Education Award. Once, for outstanding service, receiving a Special Service Award from the Auditing Section for his work in helping to create the Center for Audit Quality’s Access to Auditors program. And finally, two other times for research excellence, winning the 2020 Glen McLaughlin Prize for Research in Accounting and Ethics given by the University of Oklahoma and the 2023 Best Paper Award for Auditing: A Journal of Practice & Theory.

Education

• Ph.D. University of Connecticut
• BS University of Connecticut

Teaching Interests

Financial Statement Auditing; Judgment and Decision Making; Information Technology Auditing; Teaching and Research Practicum For PhD Students

Research Interests

The External Auditing Process; Cognitive Characteristics of Experts; Auditing Education; The Use of Big Data and Visualizations in Financial Statement Auditing; Mitigating Professional Judgment Biases

Consulting/Practice Interests

Audit Committee Effectiveness; Financial Statement Auditing; The Use of Big Data and Visualizations in Financial Statement Audit Engagements

Awards and Honors

• 2023, 2023 Best Paper Award - Auditing: A Journal of Practice & Theory, Auditing Section of the American Accounting Association
• 2023, 2023 Innovation In Audit and Assurance Education, Auditing Section of American Accounting Association
• 2020, 2020 Glen McLaughlin Prize for Research in Accounting and Ethics, University of Oklahoma
• 2019, 2019 Innovation In Audit and Assurance Education, Auditing Section of American Accounting Association
• 2017, 2018 Glen McLaughlin Prize for Research in Accounting and Ethics, University of Oklahoma
• 2017, Winner – 2017 Outstanding Scholarly Contribution Award, Bentley University
• 2016, 2016 Teaching Innovation Award, Forensics Accounting Section of the American Accounting Association
• 2012, Winner – 2012 Innovation in Teaching Award, Bentley University
• 2012, Winner – 2012 Special Award for Outstanding Service, American Accounting Association - Auditing Section
• 2012, Winner – 2012 Bentley University Award for Excellence in Scholarship, Bentley University
• 2008, Honorable Mention - The Bea Sanders/AICPA Innovation in Teaching Award
• 2007, Winner - A 2007 Bentley College Award for Innovation in Teaching
• 2007, Winner - The Gregory H. Adamian Award for Excellence in Teaching - Bentley College Annual Award For Teaching Excellence
• 2007, Winner - The Joseph M. Cronin Faculty Advising Award - Bentley College Annual Award for Advising E cellence
• 2006, Winner - The 2006 Faculty Member of the Year Award - Student Government Association
• 2003, Winner - The 2003 Bentley College Service Learning Award
• 2003, Winner - The 2003 National Innovation in Auditing and Assurance Education Award presented by the Auditing Section of the American Accounting Association
• 2001, Winner - A 2001 Bentley College Award for Innovation in Teaching
• 2001, Winner - A 2001 Bentley College Award for Innovation in Teaching
• 2001, Winner - The 2001 National Joint AICPA/AAA Collaboration Award presented jointly by the American Accounting Association and the American Institute of Certified Public Accountants
• 1996, Winner - The 1996 National Outstanding Doctoral Dissertation Award presented by the American Accounting Association Accounting Behavior and Organizations Section

Publications

Journal Articles

• Dugas, K., Rose, J. M., Thibodeau, J. C. (2023). Standard Precision and Aggressive Financial Reporting: The Influence of Incentive Horizon. Accounting and Business Reserach, (53) 1 108-126.
• Bierstaker, J., Hanes, D., Rose, J. M., Thibodeau, J. C. (2022). Fraud Risk Assessment: A Story Based Approach Outperforms The Checklist. Current Issues In Auditing, (16) 2 9-16.
• Witte, A., Thibodeau, J. C., Earley, C. C. (2022). Big Fish, Small Pond: How In-Charge Auditors Engage with Technology-Based Audit Tools to Influence the Audit in Non-Global Network Firms. Journal of Information Systems, (36) 2 141-160.
• Sanderson, K., Thibodeau, J. C., Rose, A., Rose, J., Rotaru, K. (2022). Effects of Uncertainty Visualization on Attention, Arousal and Auditor Judgment. Behavioral Research in Accounting, (34) 1 113-139.
• Sanderson, K., Thibodeau, J. C., Rose, A., Rose, J., Rotaru, K. (2022). Effects of Data Visualization Choices on Psychophysiological Responses, Judgment and Audit Quality. Journal of Information Systems, (36) 1 53-79.
• Thibodeau, J. C., Linke, K., Norman, C., Suh, I., Rose, J. (2021). Why Financial Executives Do Bad Things: The Effects of the Slippery Slope and Tone at the Top on Misreporting Behavior. Journal of Business Ethics, (174) 1 291-309.
• Cohen, J., Joe, J., Thibodeau, J. C., Trompeter, G. (2020). Audit Partners' Judgments and Challenges in the Audits of Internal Control over Financial Reporting. Auditing: A Journal of Practice & Theory, (Volume 39) Number 4 57-85. (Link)
• Hunter, K. E., Alberti, C. T., Boss, S. R., Thibodeau, J. C. (2020). Intelliclean: A Teaching Case Designed to Integrate Data Cleaning and Spreadsheet Skills into the Audit Curriculum. Journal of Emerging Technologies in Accounting, (17) 2 1-7.
• Rose, A. M., Rose, J. M., Suh, I., Thibodeau, J. C. (2020). Analytical Procedures: Are More Good Ideas Always Better for Audit Quality. Behavioral Research in Accounting, (Volume 32) Number 1 37-49. (Link)
• Parlee, M., Rose, J., Thibodeau, J. C. (2020). Can Simple Metaphors Be Used as Decision Aids to Promote Professional Skepticism?. Journal of Information Systems, (Volume 34) Number 1 47-60. (Link)
• Thibodeau, J. C., Williams, L. T., Witte, A. L. (2019). Point and Click Data: An Assessment of Editorial Perceptions and Recommendations for the Peer-Review Process in the New Data Frontier. Journal of Information Systems, (33) 1 129-144. (Link)
• Bierstaker, J., Hanes, D., Rose, J. M., Thibodeau, J. C. (2018). Effects of Stories and Checklist Decision Aids on Knowledge Structure Development and Auditor Judgment. Journal of Information Systems, (32) 2 1-24. (Link)
• Sanderson, K., Rose, A., Rose, J., Thibodeau, J. C. (2017). When should audit firms introduce analyses of Big Data into the audit process?. Journal of Information Systems, (Volume 31) 3 81-99. (Link)
• Westermann, K., Thibodeau, J. C. (2016). Extra Credit “Opportunities”: A Classroom Tool to Improve Student Preparedness and Introduce Group Decision Making in Upper Division Accounting Courses. Current Issues in Auditing, (Instructional Resource) Vol. 10, No. 2 1-13. (Link)
• Schnader, A. L., Westermann, K., Hanes, D., Thibodeau, J. C. (2016). Training Teacher-Scholars: A Mentorship Program. Issues in Accounting Education, (Volume 31) Number 2 171-190. (Link)
• Thibodeau, J. C., Wallage, P. (2016). How the profession can learn from results of academic audit research. Maandblad voor Accountancy en Bedrijfseconomie . 4-6. (Link) Forthcoming.
• Hanes, D., Porco, B., Thibodeau, J. C. (2014). Simply Soups Inc.: A Teaching Case Designed to Integrate the Electronic Cash Confirmation Process into the Auditing Curriculum. Issues in Accounting Education, (29) 2 349-369. (Link)
• Thibodeau, J. C., Levy, E. S., Osterheld, K. K. (2012). A Supplementary Evening Program For Students In The Introductory Accounting Course. Advances in Accounting Education: Teaching and Curriculum Innovations, (13) 23-40.
• Bierstaker, J. L., Hunton, J. E., Thibodeau, J. C. (2012). Does Fraud Training Help Auditors Identify Fraud Risk Factors?. Advances in Accounting Behavioral Research, (15) 85-100.
• Baxter, R. J., Thibodeau, J. C. (2011). Does the use of intelligent online learning and assessment software enhance the acquisition of financial accounting knowledge?. Issues in Accounting Education, (26) 4 647-656.
• Ruff, M., Thibodeau, J. C., Bedard, J. C. (2009). A Profession's Response to a Looming Shortage: Closing the Gap in the Supply of Accounting Faculty. Journal of Accountancy, (2009) March 36-40.
• Bierstaker, J., Hunton, J. E., Thibodeau, J. C. (2009). Do Client-Prepared Internal Control Documentation and Business Process Flowcharts Help or Hinger and Auditor's Ability to Identify Missing Controls. Auditing: A Journal of Practice and Theory, (28) 1 79-94.
• Riley, R. R., Jenkins, J. G., Roush, P. Y., Thibodeau, J. C. (2008). Audit Quality in the Post-SOX Audit Environment: What Your Auditing Students Must Know about the PCAOB Inspection Process. Current Issues In Auditing, (2) 2 A17-A25.
• Kozlowski, T. M., Allen, R. D., Elder, R. J., Ramsay, R. J., Shelton, S. W., Thibodeau, J. C. (2008). Auditing Standards Committee Comment Letter PCAOB Rulemaking Docket Matter No. 025: Proposed Auditing Standard - Engagement Quality Review. Current Issues in Auditing, (2) 2 C1 - C4.
• Thibodeau, J. C., Bedard, J. C. (2008). Have You Always Wanted To Be A Professor? Current Opportunities in Academic Accounting. SumNews (Massachusetts Society of CPAs), (2008) Summer 9-10.
• Bible, L., Massey, D. W., Thibodeau, J. C., Wetzel, S. (2008). Identifying and Recruiting the Best and Brightest College Students. The Practicing CPA, (32) 5 1-4.
• Ivakhnenkov, S., Thibodeau, J. C. (2008). Implementing the Regulations and Information Technology Considerations of the Sarbanes-Oxley Act in Ukraine. Science Journal of The National University of Kyiv-Mohyla Academy - Economic Sciences, (TOM 81) 2008 41-44.
• Cleary, R. J., Thibodeau, J. C. (2008). Mathematics and Accounting: A Non-Empty Intersection. MAA FOCUS, (28) 9 4-5. (Link)
• Gelinas, U., Schwarzkopf, D. L., Thibodeau, J. C. (2008). Introducing Students to the Integrated Audit with 'Auditing Alchemy, Inc. Journal of Information Systems, (22) 2 (Fall) 153-172.
• Thibodeau, J. C., Packwood, T. R. (2007). A Risk-Based Approach to Achieving Audit Committee Effectiveness. Bank Accounting & Finance, (2007) December 39-42.
• Feldmann, D. A., Koulish, R., Osterheld, K. K., Thibodeau, J. C. (2007). Integrating Corporate Social Responsibility into the Accounting Curriculum. Advances in Accounting Education, (8) 197-219.
• Thibodeau, J. C., Jenkins, G., Riley, R. (2006). Auditing Education for the Post-Sarbanes Audit Environment. The Auditor's Report, (29) 2 14-15.
• Abdolmohammadi, M. J., Simnett, R., Thibodeau, J. C., Wright, A. (2006). Sell-Side Analysts' Reports and the Current SEC Reporting Model. Accounting Horizons, (20) 4 375-389.
• Bierstaker, J. L., Thibodeau, J. C. (2006). The Effect of Format and Experience on Internal Control Evaluation. Managerial Auditing, (21) 9 877-891.
• Thibodeau, J. C., Coyne, M., Massey, D. (2005). Raising Students' Ethical Sensitivity with a Value Relevance Approach. Advances in Accounting Education, (7) 2005 173-207.
• Cleary, R. J., Thibodeau, J. C. (2005). Applying Digital Analysis using Benford's Law to Detect Fraud: The Dangers of Type I Errors. Auditing: A Journal of Practice and Theory, (24) 1 77-81.
• Thibodeau, J. C. (2005). Adding Value Through Compliance: The Sarbanes-Oxley Act of 2002. NASFM Magazine, (8) 2 16-17.
• Thibodeau, J. C., Bierstaker, J. L. (2004). Effectively Integrating Instructional Methods into Ph.D. Curriculums. The Auditor's Report, (28) 1 6-7.
• Barsky, N. P., Massey, D. W., Thibodeau, J. C. (2003). Core Competencies: Mapping The Vision-Aligned Academic Framework Into The Vision Project. Advances in Accounting Education: Teaching and Curriculum Innovations, (5) 2003 129-142.
• Barsky, N. P., Catanach, A. H., Rhodes-Catanach, S. C., Thibodeau, J. C. (2003). Enron: Did the Financial Reporting Model Really Fail?. Commercial Lending Review, (18) 2 5-9.
• Thibodeau, J. C. (2003). The Development and Transferability of Task Knowledge. Auditing: A Journal of Practice and Theory, (22) 1 47-67.
• Usoff, C. A., Thibodeau, J. C., Burnaby, P. A. (2002). The Importance of Intellectual Capital and its Effect on Performance Measurement Systems: An Empirical Observation. Managerial Auditing Journal, (17) 1/2 9-15.
• Thibodeau, J. C., Gelinas, U., Levy, E. S. (2001). Effectively Integrating Information Technology Issues into The Auditing Course. The Auditors Report, (25) 1 4-5.
• Bierstaker, J. L., Burnaby, P. A., Thibodeau, J. C. (2001). How Internal Auditors Are Utilizing Software. Internal Auditing, (16 Number 5) September/October 40-43.
• Bierstaker, J. L., Burnaby, P. A., Thibodeau, J. C. (2001). The Impact of Information Technology on the Audit Process: An Assessment of the State of the Art and Implications for the Future. Managerial Auditing Journal, (16) 3 159-164.
• Gelinas, U., Levy, E. S., Thibodeau, J. C. (2001). Norwood Office Supplies, Inc.: A Teaching Case to Integrate Computer Assisted Auditing Techniques into the Auditing Course. Issues in Accounting Education, (16) 4 603-636.
• Barsky, N. P., Thibodeau, J. C. (2000). Evaluating The Financial Viability of Competing Firms In The Retail Industry: A Teaching Exercise. The Journal of Financial Education, (26) Spring 82-90.
• Read, W. J., Thibodeau, J. C. (1999). Knowlege from Within. The Practical Accountant, (1999) December 59-61.
• Abdolmohammadi, M. J., Burnaby, P. A., Greenlay, L., Thibodeau, J. C. (1997). Environmental Accounting in the United States: From Control and Prevention to Remediation. Asia-Pacific Journal of Accounting, (4) 2 199-217.

Books

• Louwers, T. J., Bagley, P., Blay, A., Strawser, J. R., Thibodeau, J. C. (2021). Auditing & Assurance Services, 8th Edition. 8th Edition 955. Burr Ridge, IL: McGraw-Hill Irwin (Link)
• Louwers, T. J., Blay, A., Sinason, D. H., Strawser, J. R., Thibodeau, J. C. (2018). Auditing & Assurance Services. 7th Edition 983. Burr Ridge, IL: McGraw-Hill Irwin (Link)
• Louwers, T. J., Ramsay, R. J., Sinason, D. H., Strawser, J. R., Thibodeau, J. C. (2015). Auditing & Assurance Services. 6th Edition 976. Burr Ridge, IL: McGraw-Hill Irwin (Link)
• Thibodeau, J. C., Freier, D. (2014). Auditing and Accounting Cases: Investigating Issues of Professional Ethics and Fraud. 4th 272. Burr Ridge, IL: McGraw-Hill Irwin (Link)
• Louwers, T. J., Ramsay, R. J., Sinason, D. H., Strawser, J. R., Thibodeau, J. C. (2013). Auditing & Assurance Services. 5th Edition 913. Burr Ridge, IL: McGraw-Hill Irwin (Link)
• Thibodeau, J. C., Louwers, T. J., Ramsay, R. J., Sinason, D. H., Strawser, J. R. (2011). Auditing & Assurance Services. 4th Edition 915. Burr Ridge, IL: McGraw-Hill Irwin (Link)
• Thibodeau, J. C., Freier, D. (2011). Auditing and Accounting Cases: Investigating Issues of Professional Ethics and Fraud. 3rd 288. Burr Ridge, IL: McGraw-Hill Irwin (Link)
• Thibodeau, J. C., Freier, D. (2008). Auditing after Sarbanes-Oxley: Illustrative Cases. 2nd 269. Burr Ridge, IL: Irwin/McGraw-Hill
• Thibodeau, J. C., Freier, D. (2007). Auditing after Sarbanes-Oxley: Illustrative Cases. 1st 274. Burr Ridge, IL: Irwin-McGraw-Hill (Link)

Book Chapters

• Cleary, R. J., Thibodeau, J. C. (2015). Benford’s Law as a Bridge Between Statistics and Accounting In Steven J. Miller, (Eds.) Benford's Law: Theory and Applications. 171-184. Princeton, NJ: Princeton University Press/Princeton and Oxford (Link)
• Cleary, R. J., Thibodeau, J. C. (2013). Mathematics and Auditing: How Liberal-Arts Theory and Business-Education Practice Inform Each Other In Daniel Everett and Gordon Hardy, (Eds.) Shaping the Future of Business Education. 262. New York, NY: Palgrave-Macmillan (Link)
• Fletcher Brown, D., Abdolmohammadi, M. J., Thibodeau, J. C. (2009). Entity-Level Control and the Monitoring Role of Corporate Boards In R.W. Kolb, D. Schwartz, (Eds.) Corporate Boards: Managers of Risk, Sources of Risk. 199-216. Boston, MA: Wiley - Blackwell Publishing Ltd
• Abdolmohammadi, M. J., Thibodeau, J. C. (2006). Auditing In Burton S. Kaliski, (Eds.) Encyclopedia of Business and Finance . 42-45. New York: Macmillan