Rani Hoitash

Rani Hoitash is the John E. Rhodes Professor of Accountancy at Bentley University. He received his PhD in Accounting and Information Systems from Rutgers University and a Bachelor of Science in Economics at the College of Management in Tel-Aviv Israel. Research by Rani Hoitash concentrates on corporate governance, internal controls and auditing. His work is published in The Accounting Review, Journal of Accounting Research, Journal of Accounting & Economics, Journal of Financial Economics, Contemporary Accounting Research, Auditing: A Journal of Practice and Theory, Sloan Management Review, and several other journals. Professor Hoitash’s teaching interests include financial accounting, accounting information systems, and auditing. Professor Hoitash recently served as an Editor of Auditing: A Journal of Practice and Theory and on the editorial boards of Contemporary Accounting Research and the Journal of Business Research. He is a member of the Information Systems Audit and Controls Association and the American Accounting Association and is a Certified Information System Auditor (CISA).

Education

• Ph.D. Rutgers University
• BA in Economics The College of Management School of Economics, Israel

Research Interests

Audit Regulation; Corporate governance; XBRL

Awards and Honors

• 2019, Bentley 2019 Outstanding Scholarly Contribution award , Bentley University
• 2016, Bentley’s Excellence in Scholarship award, 2016, Bentley University
• 2012, 17th Annual Symposium on Ethics Research in Accounting Emerging Research Award for the paper “Intra-firm Trust and Financial Reporting Quality”, American Accounting Association
• 2010, Grant from the PricewaterhouseCoopers INQuires program: Enterprise Risk Management and Audit Risk - Evidence from Audit Fees and Financial Reporting Quality in the Finance and Insurance Industries, with Ryan Baxter., PwC
• 2007, Grant from the PricewaterhouseCoopers INQuires program: Remediation of Internal Control Material Weaknesses with Bedard, J., Hoitash, U.,and Westermann, K, PricewaterhouseCoopers

Publications

Journal Articles

• Hoitash, R., Hoitash, U., Kurt, A., Verdi, R. (2023). A Measure of Financial Statement Benchmarking. The Accounting Review. (Link) Forthcoming.
• Kurt, A., Becker, M., Hoitash, R., Hoitash, U. (2022). Financial Constraints, Auditing, and External Financing. European Accounting Review. (Link) Forthcoming.
• Burke, J., Hoitash, R., Hoitash, U., Xiao, S. (2022). The Disclosure and Consequences of U.S. Critical Audit Matters. The Accounting Review. (Link) Forthcoming.
• Gal-Or, R., Hoitash, R., Hoitash, U. (2022). Auditor expertise in mergers and acquisitions. Auditing: A Journal of Practice and Theory, (41) 5 135-162. (Link)
• Hoitash, R., Hoitash, U. (2022). A Measure of Firm Complexity: Data and Code. Journal of Information Systems, (36) 2 161-172. (Link)
• Garret, J., Hoitash, R., Prawitt, D. (2022). Perceptions of Tone at the Top from the Inside: Insights into Audit Pricing. Auditing: A Journal of Practice and Theory, (41) 1 115-141. (Link)
• Burke, J., Hoitash, R., Hoitash, U., Xiao, S. (2021). The costs and benefits of retirement policies at U.S. audit firms. Journal of Accounting and Public Policy, (40) 4 1-21. (Link)
• Hoitash, R., Hoitash, U., Morris, L. V. (2021). eXtensible Business Reporting Language: A Review and Directions for Future Research. Auditing: A Journal of Practice and Theory, (40) 2 107–132. (Link)
• Hoitash, R., Hoitash, ., Yezegel, A. (2021). Can sell-side analysts’ experience, expertise and qualifications help mitigate the adverse effects of accounting reporting complexity? . Review of Quantitative Finance and Accounting, (57) 859–897. (Link)
• Burke, J., Hoitash, R., Hoitash, U. (2020). The use and characteristics of foreign component auditors in U.S. multinational audits: Insights from Form AP disclosures. Contemporary Accounting Research, (37) 4 2398-2437. (Link)
• Ahn, J., Hoitash, R., Hoitash, U. (2020). Auditor Task-Specific Expertise: The Case of Fair Value Accounting. The Accounting Review, (95) 3 1-32. (Link)
• Burke, J., Hoitash, R., Hoitash, U. (2019). Auditor response to negative media coverage of client environmental, social, and governance practices. Accounting Horizon, (33) 3 1-23. (Link)
• Burke, J., , R., Hoitash, U. (2019). Audit Partner Identification and Characteristics: Evidence from U.S. Form AP Filings. Auditing: A Journal of Practice and Theory, (38) 3 71-94. (Link)
• Burke, J., Hoitash, R., Hoitash, U. (2019). The heterogeneity of board-level sustainability committees and corporate social performance. Journal of Business Ethics, (154) 4 1161-1186. (Link)
• Gal-Or, R., Hoitash, R., Hoitash, U. (2018). Shareholder Elections of Audit Committee Members. AUDITING: A Journal of Practice & Theory, (37) 4 143-167. (Link)
• Faleye, ., Hoitash, R., Hoitash, U. (2018). Industry Expertise on Corporate Boards. Review of Quantitative Finance and Accounting. (Link)
• Hoitash, R., Hoitash, U. (2018). Measuring Accounting Reporting Complexity with XBRL. The Accounting Review, (93) 1 259-287. (Link)
• Zhao, Y., Hoitash, R., Bedard, J. C. (2017). SOX 404, Auditor Effort, and the Prevention of Financial Report Misstatements. Auditing: A Journal of Practice & Theory. , (36) 4 151–177.
• Gal-Or, R., Hoitash, R., Hoitash, U. (2016). The Efficacy of Shareholder Voting in Staggered and Non-Staggered Boards: The Case of Audit Committee Elections . Auditing: A Journal of Practice and Theory, (35) 2 73-95.
• Hoitash, R., Hoitash, U., kurt, A. (2016). Do Accountants Make Better Chief Financial Officers?. Journal of Accounting & Economics, (61) 23 414-432. (Link)
• Gal-Or, R., Hoitash, R., Hoitash, U. (2016). The Effectiveness of Shareholder Votes in Staggered and Non-Staggered Boards: the Case of Audit Committee Elections. AUDITING: A Journal of Practice & Theory, (35) 2 73-95. (Link)
• Hoitash, R., Hoitash, U., Kurt, A. (2016). Do Accountants Make Better Chief Financial Officers?. Journal of Accounting and Economics.
• Blodgett, M. S., Hoitash, R., Markelevich, A. (2014). Sustaining the Financial Value of Global CSR: Reconciling Corporate and Stakeholder Interests in a Less Regulated Environment. Business and Society Review.
• Garrett, J., Hoitash, R., Prawitt, D. F. (2014). Trust and Financial Reporting Quality. Journal of Accounting Research. 52 (5) 1087‑1125. (Link)
• Bedard, J. C., Hoitash, R., Hoitash, U. (2014). Chief Financial Officers as Inside Directors. Contemporary Accounting Research. 31 (3) 787-817.
• Baxter, R. J., Bedard, J. C., Hoitash, R., Yezegel, A. (2013). Enterprise Risk Management Program Quality: Determinants, Value Relevance, and the Financial Crisis. Contemporary Accounting Research, (30) 4 1264-1295.
• Faleye, O., Hoitash, R., Hoitash, U. (2013). The trouble with too much board oversight. Sloan Management Review, (54) 3 52-56. (Link)
• Bedard, J. C., Hoitash, R., Hoitash, U., Westermann, K. (2012). Remediation of internal control material weaknesses: A detailed examination. Auditing: A Journal of Practice & Theory, (31) 1 57-78.
• Hoitash, R., Hoitash, U., Johnstone, K. M. (2012). Internal Control Material Weaknesses and CFO Compensation. Contemporary Accounting Research, (29) 3 768-803. (Link)
• Faleye, O., Hoitash, R., Hoitash, U. (2011). The Costs of Intense Board Monitoring. Journal of Financial Economics, (101) 1 160-181. (Link)
• Cong, Y., Hoitash, R., Krishnan, M. (2010). Event Study with Imperfect Competition and Private Information: Earnings Announcements Revisited. Review of Quantitative Finance and Accounting, (34) 3 383-411.
• Hoitash, U., Hoitash, R., Bedard, J. C. (2009). Corporate Governance and Internal Control over Financial Reporting: A Comparison of Regulatory Regimes. The Accounting Review, (84) 3 839-867. (Link)
• Hoitash, R., Hoitash, U., Bedard, J. C. (2009). Evidence from the U.S. on the effect of auditor involvement in assessing internal control over financial reporting. International Journal of Auditing, (13) 2 105-125.
• Hoitash, R., Hoitash, U. (2009). The Role of Audit Committees in Managing Relationships with External Auditors after SOX: Evidence from the US. Managerial Auditing Journal, (24) 4 368-397. (Link)
• Hoitash, U., Hoitash, R. (2009). Conflicting objectives within the board: evidence from overlapping audit and compensation committee members. Group Decision and Negotiation, (18) 1 57-73.
• Hoitash, R., Hoitash, U., Bedard, J. C. (2008). Audit fees and internal control problems disclosed under the Sarbanes-Oxley Act. Auditing: A Journal of Practice and Theory, (27) 1 105-126.
• Bedard, J. C., Hoitash, U., Hoitash, R. (2008). Audit pricing and internal control disclosures among non-accelerated filers. Research in Accounting Regulation, (20) 1 103-126. (Link)
• Hoitash, R., Krishnan, M. (2008). Herding, momentum and investor over-reaction. Review of Quantitative Finance and Accounting, (30) 1 25-47.
• Hoitash, R., Hoitash, U., Bedard, J. C. (2008). Internal controls quality and audit pricing under the Sarbanes-Oxley act. Auditing: A Journal of Practice and Theory, (27) 1 105-126. (Link)
• Hoitash, R., Markelevich, A., Barragato, C. (2007). Auditor Fees and Audit Quality. Managerial Auditing Journal, (22) 8 761-786. (Link)
• Bedard, J. C., Graham, L., Hoitash, R., Hoitash, U. (2007). SOX 404:Where Are We Now?. CPA Journal. October 6-9.
• Hoitash, R., Kogan, A., Srivastava, R. P., Vasarhelyi, M. A. (2006). Measuring Information Latency. The International Journal of Digital Accounting Research, (6) 11 1-24.
• Hoitash, R., Kogan, A., Vasarhelyi, M. A. (2006). Peer Based Approach for Analytical Procedures. Auditing: A Journal of Practice and Theory, (25) 2 53-84. (Link)
• Markelevich, A., Barragato, C. A., Hoitash, R. (2005). The Nature and Disclosure of Fees Paid to Auditors: An Analysis Before and After the Sarbanes-Oxley Act. CPA Journal. Special Issue 6-10. (Link)

Books

• Vasarhelyi, M. A., Bonson, E., Hoitash, R. (2005). Artificial Intelligence in Accounting and Auditing: International Prospective. 500. Princeton, NJ: Markus Wiener Publishers