Kurt H. Gee

Color portrait of Kurt H. Gee

Assistant Professor

Department Accounting
Office Address 375 Business Building
Email Address kurthgee@psu.edu

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Ph D, Accounting, Stanford University, 2018

BA, Economics, Brigham Young University, 2013

BS, Accounting, Brigham Young University, 2013

MAcc -- Masters of Accountancy, Professional Accountancy, Brigham Young University, 2013

Courses Taught

This course examines the accounting for complex business transactions with an emphasis on understanding the "why", rather than exclusively the "how". There is a focus on the economic substance of transactions and developing a deep understanding of the Financial Accounting Standards Board Conceptual Framework. This enables one to analyze the consistency of current financial reporting standards within a conceptual framework while considering alternative accounting treatments that can better reflect the economic substance of transactions. An overview of the conceptual and practical issues surrounding the accounting for investments, fair values, business combinations, consolidation of financial statements, structured transactions, derivatives, and hedging activities and foreign operations will also be covered with the intent for developing an awareness of academic research related to the economics of and accounting for complex business transactions.

ACCTG 471 – Int Fin Acctg I (3)
Theory and practice issues in income concepts and value measurement; GAAP; revenues, costs, assets, liabilities, and equities.ACCTG 471 Intermediate Accounting I (3) This course provides students with an understanding of generally accepted accounting principles and procedures so that they properly account for and present information in financial statements prepared for external users. The student should acquire a complete understanding of the accounting issues relating to cash, receivables, inventory, plant assets, natural resources, and intangibles. The student should be able to evaluate alternative accounting methods and choose the methods which will best convey the financial information related to the above areas. The student should be able to apply appropriate generally accepted accounting principles and procedures to account for transactions related to the above asset areas. The student should be able to demonstrate an understanding of the transaction analysis, recording, classification, summarization, and reporting procedures in the accounting cycle, and an understanding of the information contained in the financial statements. Finally, student should be able to demonstrate written communication skills required of accountants.

Selected Publications

Campbell J. L., Gee K. H., Wiebe Z., "The Determinants and Informativeness of Non-GAAP Revenue Disclosures." The Accounting Review, 2022, meridian.allenpress.com/accounting-review/article/doi/10.2308/TAR-2020-0466/477823/The-Determinants-and-Informativeness-of-Non-GAAP
Black D. E., Black E. L., Christensen T. E., Gee K. H., "Comparing Non-GAAP EPS in Earnings Announcements and Proxy Statements." Management Science, vol. 68, no. 2, 2022, pp. 1353–1377, pubsonline.informs.org/doi/10.1287/mnsc.2020.3928
Chen J. V., Gee K. H., Neilson J. J., "Disclosure Prominence and the Quality of Non-GAAP Earnings." Journal of Accounting Research, vol. 59, no. 1, 2021, pp. 163-213, onlinelibrary.wiley.com/doi/10.1111/1475-679X.12344
Barth M. E., Gee K. H., Israeli D., Kasznik R., "Stock Price Management and Share Issuance: Evidence from Equity Warrants." The Accounting Review, vol. 96, no. 5, 2021, pp. 31-52, meridian.allenpress.com/accounting-review/article-abstract/doi/10.2308/TAR-2017-0675/456315/Stock-Price-Management-and-Share-Issuance-Evidence
Black D. E., Black E. L., Christensen T. E., Gee K. H., "CEO Pay Components and Aggressive Non-GAAP Earnings Disclosure." Journal of Accounting, Auditing, & Finance, 2021, journals.sagepub.com/doi/full/10.1177/0148558X21989907
Bradshaw M. T., Christensen T. E., Gee K. H., Whipple B. C., "Analysts’ GAAP earnings forecasts and their implications for accounting research." Journal of Accounting and Economics, vol. 66, 2018, pp. 46-66, www.sciencedirect.com/science/article/pii/S016541011830003X
Bentley J. W., Christensen T. E., Gee K. H., Whipple B. C., "Disentangling Managers’ and Analysts’ Non-GAAP Reporting." Journal of Accounting Research, vol. 66, 2018, pp. 1039-1081, onlinelibrary.wiley.com/doi/full/10.1111/1475-679X.12206
Drake M. S., Gee K. H., Thornock J. R., "March Market Madness: The Impact of Value-Irrelevant Events on the Market Pricing of Earnings News." Contemporary Accounting Research, vol. 33, no. 1, 2016, pp. 172-203, onlinelibrary.wiley.com/doi/full/10.1111/1911-3846.12149

Research Impact and Media Mentions

"Coming FASB Proposal on Segment Reporting Won’t Satisfy Investor Demand, Skeptics Say", Accounting and Compliance Alert, Newspaper, checkpoint.riag.com/app/main/externalDoc?usid=5005d2n1987b0&DocID=i058490a5485a6ce583b6d9550942eb9a&docTid=T0AFRA%3A55784.1-1&feature=tcheckpoint&lastCpReqId=14736
"Will FASB’s Incomplete Conceptual Framework Derail its Efforts on Crypto, Other New Projects?", Accounting and Compliance Alert, Newspaper, tax.thomsonreuters.com/news/will-fasbs-incomplete-conceptual-framework-derail-its-efforts-on-crypto-other-new-projects/
"Portion of U.S. public companies that selectively report losses as profits: 1/7", Harper's Index, Internet, harpers.org/?s=Portion+of+U.S.+public+companies+that+selectively+report+losses+as+profits&post_type=index
"Red Sox Finances Could Stay Secret Even With Stake Sale to SPAC", Bloomberg News, Newspaper, www.bloomberg.com/news/articles/2020-11-12/red-sox-finances-could-stay-secret-even-with-stake-sale-to-spac
"For He’s a Jolly Good (Academic) Fellow…", LinkedIn, Internet, www.linkedin.com/pulse/hes-jolly-good-academic-fellow-russ-golden/
"ACADEMICS BRING UNIQUE PERSPECTIVE TO STANDARD SETTING", FASB Outlook, Internet, www.fasb.org/cs/ContentServer?c=Page&cid=1176170382886&d=&pagename=FASB%2FPage%2FSectionPage