Jed Neilson

Color portrait of Jed Neilson

Associate Professor of Accounting

Department Accounting
Office Address 376 Business Building
Phone Number 814-865-0327
Email Address jjn12@psu.edu

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Professor Neilson's research focuses on the causes and consequences of investor information acquisition, corporate disclosure, and financial reporting/regulation.

His research has been published in the Journal of Accounting Research, Journal of Accounting and Economics, Management Science, and The Accounting Review.

Professor Neilson teaches Financial Statement Analysis and Valuation in the Masters of Accounting program. He received the 2016 Lester Shonto Award for Excellence in Accounting Education.

He has earned several professional certifications: Certified Public Accountant (CPA), Certified Management Accountant (CMA, inactive), and Certified Internal Auditor (CIA, inactive). Prior to entering academia, he worked in public accounting (PriceWaterhouseCoopers) and internal auditing / consulting.

Education

Ph D, Business Administration (Accounting), The University of Michigan, 2016

MS, Accounting, The University of Utah, 2005

BS, Accounting, The University of Utah, 2003

Courses Taught

ACCTG 597 – Special Topics (2)

ACCTG 881 – Fin Stat Anlys (3)
Analysis of financial reports to identify business strategy, assess performance and economic standing, and value claims.

ACCTG 481 – Fin Anal Eval Dec (3)
An accounting based evaluation and decision making approach to analyzing financial statements by studying business and firm valuation. ACCTG 481 Financial Statement Analysis (3) The proposed course in financial statement analysis is structured to improve the student's ability to extract and interpret information from actual financial statements and to expose the student to how financial statement information is integrated into equity valuation and credit analysis. The course would not only rely upon textbook-based and lecture-based learning, but also emphasize case-based learning.The course will consist of two main sections. The first will deal with accounting and business analysis. This part will explore the types of financial information data typically available for publicly traded companies and introduce a model of the economic drivers of company performance. It would incorporate some technical accounting as well as some standards business economics/strategy concepts. Students will be forced to recast financial statements that they believe do not reflect the underlying economic state of the company. Financial reporting issues relating to revenue and expense recognition, leases and consolidations will be discussed.The other section of the course will deal with firm valuation. Students would be exposed to some standard approaches to equity valuation and the analysis activities underlying these approaches. Aspects of valuation that would be covered in this section of the course are financial ratio analysis, forecasting, pro-forma statements, cost of capital and valuation methods.The course will rely on lectures and extensive use of case studies.

Selected Publications

Neilson J., Xie B., Wang K., Williams C. D., "Offsetable Derivatives and Investor Risk Assessment." Management Science, vol. 70, no. 5, 2024, pp. 2779-2798
Neilson J., Hendricks B. E., Shakespeare C., Williams C. D., "Anticipatory effects around proposed regulation: Evidence from Basel III." The Accounting Review, vol. 98, no. 1, 2023, pp. 285-315
Neilson J., "Investor Information Gathering and the Resolution of Uncertainty." Journal of Accounting and Economics, vol. 74, no. 1, 2022
Neilson J., Ryan S. G., Wang K., Xie B., "Asset-Level Transparency and the (E)valuation of Asset-Backed Securities." Journal of Accounting Research, vol. 60, no. 3, 2022, pp. 1131-1183
Neilson J., White H., Chapman K. L., Miller G. S., "Investor Relations, Engagement, and Shareholder Activism." The Accounting Review, vol. 97, no. 2, 2022, pp. 77-106
Neilson J., Chen J. V., Gee K. H., "Disclosure Prominence and the Quality of Non-GAAP Earnings." Journal of Accounting Research, vol. 59, no. 1, 2021, pp. 163-213

Honors and Awards