Samuel Burton Bonsall
Professor Sam Bonsall is an Associate Professor of Accounting at Penn State University. He previously held positions as an Assistant and Associate Professor of Accounting at the Ohio State University from 2012–2017. Professor Bonsall’s research has focused on the role of credit rating agencies as information intermediaries and how their economic incentives shape their behavior. Professor Bonsall has published his research in The Accounting Review, the Journal of Accounting and Economics, the Journal of Accounting Research, the Review of Accounting Studies, Contemporary Accounting Research, and Management Science. Professor Bonsall teaches advanced financial accounting in Penn State’s Integrated Master of Accounting Program and introductory programming for accounting doctoral students. Prior to graduate school, Professor Bonsall worked as a senior consultant at Bates White LLC in Washington, DC, providing expert witness support in civil litigation matters—including Enron’s bankruptcy. Professor Bonsall graduated with his PhD from Penn State University in 2012 and with his B.S. and M.S. from Penn State University in 2004.
Credit rating agencies
Ph D, Accounting, The Pennsylvania State University, 2012
BS, Economics, The Pennsylvania State University, 2004
MS, Accounting, The Pennsylvania State University, 2004
ACCTG 573 – FINANCIAL REPORTING (3)
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 590 – Colloquium (1)
Continuing seminars which consist of a series of individual lectures by faculty, students, or outside speakers.
ACCTG 873 – Adv Acct Rep (3)
Financial disclosure and reporting for complex business enterprises and activities; current issues in financial reporting.