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  Stephen A. Zeff
Herbert S. Autrey Professor of Accounting


Contact:
Email: sazeff@rice.edu
Office

Rm. 231
Mailstop: MS-531
Phone: 713-348-6066

Teaching Areas:
Financial Accounting, International Accounting

Scholarly Areas:
Comparative Hist. Development of Standard-Setting, Financial Accounting, History of Thought

Education:
B.S. (Bus.) (1955) University of Colorado
M.S. (1957) University of Colorado
M.B.A. (1960) University of Michigan
Ph.D. (1962) University of Michigan
Doctor of Economics (honorary) (1990) Turku School of Economics and Business Administration, Finland

Bio Statement:
Superior Teaching Award Winner, 1985 and 1987

In the world of financial accounting, few academics have worn as many mantles, or won as many awards, as Professor Stephen Zeff.

He is author or editor of 25 books and has written more than 100 articles and comments. He serves on the editorial board of more than 20 research journals edited in ten countries, and he recently completed six years' service as book review editor of The International Journal of Accounting. He has been a visiting professor at the University of California at Berkeley, University of Chicago, Harvard Business School, Northwestern University, and the University of Texas at Austin, and at universities in Mexico, Australia, New Zealand, and the Netherlands.

For his dedication to teaching and for his research in the area of international accounting, Dr. Zeff received the 1999 Outstanding International Accounting Educator Award by the International Accounting Section of the American Accounting Association. In 2002, he was inducted as the 70th member of the Accounting Hall of Fame, at Ohio State University. A past editor of The Accounting Review and a past president of the American Accounting Association, Dr. Zeff is also active in several European organizations. He is the only non-British member of the academic panel of the Accounting Standards Board of the United Kingdom, and, from 1981 to 2004, he was the only non-European on the executive committee of the European Accounting Association. From 1991 to 2002, he was the International Accounting Adviser for the Institute of Chartered Accountants of Scotland, which recognized him as its Honorary Research Fellow in 2003.

Drawing on his extensive fund of knowledge acquired from researching the standard-setting process in eight countries, Zeff imbues his classes with a political perspective that can't be gained from textbooks. "I try very hard to give students a sense of the dynamics by which standards are set," he explains. "It makes the subject live. Students realize that it's not just a cold process by which rational accountants come together and say, 'This is the way it's going to be.'"

Zeff's office door is always open to MBA students, and he is generous in providing job connections through his European and American network. At Rice since 1978, he is proud to be affiliated with the Jones School. "Our students are excellent and well motivated. My colleagues are capable and conscientious: good researchers as well as committed teachers. The administration is enlightened; they not only appreciate quality, but reward it," he said. "It's also a very attractive campus. The university stands for excellence in everything it does."

Research Statement:

My research is concerned with the comparative international history of standard setting for company financial reporting.

Website:

http://www.ruf.rice.edu/~sazeff/

Publications:


Journal Articles
Zeff, Stephen A. 2007. "The Primacy of 'Present Fairly' in the Auditor's Report." Accounting Perspectives 6

Zeff, Stephen A. 2007. "The SEC Preempts the Accounting Principles Board in 1965: The Classification of Deferred Tax on Installment Sales." The Accounting Historians Journal, June

Zeff, Stephen A. 2006. "Political Lobbying on Accounting Standards-National and Internatinal Experience." Comparative International Accounting UK Prentice Hall

Zeff, Stephen A. 2005. "Evolution of US Generally Accepted Accounting Principles (GAAP)." The CPA Journal New York City New York State Society of CPAs

Zeff, Stephen A. 2003. "U.S. GAAP Confronts the IASB: Roles of the SEC and the European Commission." North Carolina Journal of International Law and Commercial Regulation, Summer

Zeff, Stephen A. 2003. "How the U.S. Accounting Profession Got Where It Is Today." Accounting Horizons, September, December

Zeff, Stephen A. 2003. "Du Pont's Early Policy on the Rotation of Auditors." Journal of Accounting & Public Policy, January - February

Zeff, Stephen A., and Kees Camfferman. 2003. "'The Apotheosis of Holding Company Accounting': Unilever's Financial Reporting Innovations from the 1920s to the 1940s." Accounting, Business & Financial History, July

Zeff, Stephen A. and Dan M. Guy. 2002. "Retired Audit Firm Partners on Boards: Independence Considerations." Director's Monthly, February

Zeff, Stephen A. 2002. "The First 25 years of the European Accounting Association: An American View." The European Accounting Review, No. 1

Zeff, Stephen A. 2002. "'Political' Lobbying on Proposed Standards: A Challenge to the IASB." Accounting Horizons, March 16

Zeff, Stephen A. 2001. "The Work of the Special Committee on Research." The Accounting Historians Journal, 28 141-86 December

Zeff, Stephen A., Geoff Whittington. 2001. "Mathews, Gynther and Chambers: Three Pioneering Australian Theorists." Accounting and Business Research, Summer 203-34

Zeff, Stephen A. 2000. "John B. Canning: A View of His Academic Career." Abacus, February 36 4-39

Zeff, Stephen A. 1999. "The Evolution of the Conceptual Framework for Business Enterprises in the United States." The Accounting Historians Journal, December 26 89-131

Zeff, Stephen A., Willem Buijink, and Kees Camfferman. 1999. "True and Fair in the Dutch Auditor's Report: 'Inzicht' or 'Getrouw Beeld'?." The European Accounting Review, No. 3 8 523-48


Books
Zeff, Stephen A. and Kees Camfferman. 2007. Financial Reporting and Global Capital Markets: A History of the International Accounting Standards Committee, 1973-2000, Oxford. Oxford University Press

Zeff, Stephen A. 2000. Henry Rand Hatfield: Humanist, Scholar, and Accounting Educator. Stamford, CT: JAI Press Inc.


Book Chapters
Zeff, Stephen A. 2002. "Accounting Associations." Handwörterbuch Unternehmensrechnung und Controlling (Germany)

Research in Progress:

Zeff, Stephen A. and Terry E. Cooke."Continuum of Disclosure."

Zeff, Stephen A.."The SEC Rules on Historical Cost Accounting: 1934 to the 1970s."

Zeff, Stephen A. and Don G. Trow."Early Leaders of New Zealand Accounting Academe (for a monograph)."

Zeff, Stephen A."The Deliberations of the Trueblood Committee on the Objectives of Financial Accounting 1971-73."

Recognition and Relationships:

Basil Yamey Prize, Accounting, Business & Financial History, 8/16/2004
Listed in Who's Who in America, Marquis, 1/1/1978
ICAS Honorary Research Fellow, The Institute of Chartered Accountants of Scotland, 3/7/2003
Accounting Hall of Fame, The Ohio State University, 2002, 8/15/2002
Hourglass Award, Academy of Accounting Historians, 11/14/2001
The Mentor Recognition Award - Received 1990-91, conferred by The Student Association, 5/1/1990
Nicolas M. Salgo Distinguished Teacher Award - Received in 1990, Rice University, 5/1/1990
George R. Brown Award for Superior Teaching - Received 1983, 1984, 1986 and 1993, Rice University, 5/1/1993
Outstanding Accounting Educator Award for 1988, American Accounting Association, 1/24/1988

Services to Profession:

21 presentations in 2004 - too many to list, Throughout the year, around the world. universities, professional associations

24 presentations in 2003 - too many to list, Throughout the year, around the world. universities, congresses, conferences, European Central Bank, etc. seminars, lectures, etc.

Editor, "Routledge Historical Perspectives in Accounting" series from Since 2004 Taylor & Francis Books Ltd, London.




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