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 Contact InformationHelpHelp  
William M Cready
Ashbel Smith Professor-Management
Office MailstopMail Box: SM41, SOM4801, Room No.: SOM4801 
Email Address    Primary Phone Number 972-883-4185    Media Contact
 Professional Preparation
 Ph.D.AccountingOhio State University1985
 M.Acctng.AccountingThe Ohio State University1980
 B.S.AccountingThe University of Alabama1978
Collapse Section Expand Section Research and Expertise
Research Interests

Costly Information and Security Markets; Trading Behavior in Markets; Market Based Accounting Research; Compensation and Valuation Impacts of Restructuring Charges.

Collapse Section Expand Section Publications
 1  2 3  
  YearPublication  Type
Scale effects of R&D as reflected in earnings and returns Mustafa Ciftci, William M. Cready. Journal: Journal of Accounting & Economics - J ACCOUNT ECON , vol. 52, no. 1, pp. 62-80, 2011
The Persistence and Market Valuation of Recurring Nonrecurring Items William Cready, Thomas J. Lopez, Craig A. Sisneros. Journal: Accounting Review - ACCOUNT REV , vol. 85, no. 5, 2010
Aggregate Market Reaction to Earnings Announcements (Citations: 1) WILLIAM M. CREADY, UMIT G. GURUN. Journal: Journal of Accounting Research - J ACCOUNT RES , vol. 48, no. 2, pp. 289-334, 2010
Managing Earnings Using Classification Shifting: Evidence from Quarterly Special Items (Citations: 3) Yun Fan, Abhijit Barua, William M. Cready, Wayne B. Thomas. Journal: Accounting Review - ACCOUNT REV , vol. 85, no. 4, 2010
Discussion of ‘Accounting Premium’ for IAS/IFRS and U.S. GAAP Vis-à-vis German GAAP” William M. Cready. Journal: The International Journal of Accounting , vol. 43, no. 4, pp. 387-393, 2008
Collapse Section Expand Section Presentations and Projects
  1  2 3 4 
Start DateEnd DatePresentation/Project
11/2006 11/2006 Earings as Lagging Economic Indicators for Market Return
17th Annual Conference on Finance and Accounting, Atlanta, GA.
10/1999 10/1999 
Stock Options session of Tenth Annual Conference on Financial Economics and Accounting, University of Texas, Austin, TX.
10/1999 10/1999 Do Institutional Investors Prefer Near-Term Earnings over Long-Run Value?
Contemporary Accounting Research Conference, Vancouver, BC.
10/1994 10/1994 Investor Behavior and Price Forrnation
Discussant, Fifth Annual Conference on Financial Economics and Accounting, University of Michigan, Amr Arbor, MI.
08/2006 08/2006 Prevalence and Consequences of Informed Trading
concurrent session of the annual meeting ofthe American Accounting Association, Washington, D.C.
Collapse Section Expand Section Affiliations
Kennard Brackney
Nahnee Choi
Kingsley Olibe
Renee Price (Co-Chairman)
David Hurtt (Chairman)
Jim Seida
Andrew McLelland (Co-Chairman)
Siddharta Utama (Chairman)
William Wempe
Santanu Mitra (Co-Chairman)
Yan Zhang (Chairman)
Sonia Wasan (Co-Chairman)
Abhijit Barua (Co-Chariman)
Mustafa Cittci (Chairman)
Shu Lin
Collapse Section Expand Section Appointments
DurationRankDepartment / SchoolCollege / OfficeUniversity / Company
2005-PresentArea Director and Ashbel Smith ProfessorAccounting and Infomation Management University of Texas at Dallas
2004-PresentProfessorAccounting and Infomation Management University of Texas at Dallas
2000-2004Professor and Thomas H. Daigre Endowed Chair of Business Administration  Louisiana State University
1999-2000KPMG Professor of Accounting  Texas A&M University
1991-1999Associate Professor and ProfessorAccounting Texas A&M University
1985-1991Assistant ProfessorAccounting University of North Carolina
1979-1984Graduate Teaching Associate  Ohio State University
1978-1979Internal Auditor and Accounting Trainee  Square D Company
       Teaching HelpHelp  
 Additional Information
  • 2000-2004 Thomas H. Daigre Endowed Chairholder
  • 1998-2000 KPMG Professor of Accounting
  • 1994-1997 KPMG Peat Marwick Fellow
  • 1991 UNC Favorite Faculty Award (Teaching)
  • 1987-1989 Peat Marwick Main Faculty Fellowship
  • 1983-1984 Deloitte, Haskins and Sells Fellowship
  • 1982 Richard T. Baker Award (Scholarship)
  • 1981 Emst & Whinney Award (Scholarship)
  • 1981 Passed CPA Examination
  • 1980 Passed CMA Examination
  • 1977 Beta Alpha Psi and Beta Gamma Sigma



  • Editorial Board, The International Journal of Accounting, 11/03-present.
  • Editorial Board, Accounting Horizons, 8/01-7/02
  • Editorial Board, The Accounting Review, 6/93 — 6/96; 1/04-present.
  • Outside Reviewer on AAA monograph Market Microstructure and Information Content Research, by Brown, Clinch, and Foster.
  • Ad Hoc Reviewer for The Accounting Review, Contemporag Accounting Research, Journal of Accounting, Auditing and Finance, Journal of Accounting and Economics, Journal of Accounting Research, Journal of Forensic Accounting, The Internaional Journal of Accounting, Issues in Accounting Education, Review of Accounting Studies, and AAA Annual Meeting Programs.
  • Ad Hoc Associate Editor for The Accounting Review.


  • Member, University Committee on Qualifications, 2006—present.
  • Member, University Research Advisory Committee, 2004-2005.
  • Area Director, 2005-present.
  • Member, School of Management Ph.D. Program Committee, 2004-present.
  • Accounting and Information Management Ph.D. Advisor, 2004-present.
  • Chairman, Graduate Programs Committee, Ourso College of Business, 2003-2004.
  • Member, Promotion and Tenure Committee, Ourso College of Business, 2003-2004.
  • Member, LSU Accounting Department Chairperson search committee, 2003-2004.
  • Ph.D. Program Advisor, LSU 2003-2004.
  • Chairman, Distinguished Chair in Finance search committee, 2002.
  • Chairman, Herman Moyse Jr./Louisiana Bankers Association Chair of Banking search committee, 2001.
  • Chairman, Accounting Department Electronic Resources Committee, 2001-present.
  • College Undergraduate Program Committee, 2001-2002.
  • Chairman, Accounting Program Review Committee, 2001-2002.
  • Accounting Ph.D. Program Committee, LSU, 2000 - present.
  • Review Committee, MBA Program Oftice, Texas A&M, 1998 — 1999.
  • Accounting Ph.D. Program Advisor, Texas A&M, 1993 — 1999.
  • Accounting Ph.D. Program Committee, Texas A&M, 1991 — 2000.
  • Review Committee, Center for Entrepreneurship, Texas A&M, 1991 — 1992; 1994.
  • Supervised UNC’s accounting doctoral program, 1989 — 1990.
  • UNC Business School Doctoral Program Committee, 1989 — 1990.
  • UNC Accounting Area Doctoral Program Committee, 1985 — 1990.
  • UNC Master of Accounting Policy Committee, 1987 - 1989.

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