News

Wenqian Hu’s paper Trust Versus Rewards: Revisiting Managerial Discretion in Incomplete Contracts was awarded the Lazaridis Institute Prize for the best paper on accounting issues relevant to technology firms. The paper finds that an algorithm-generated bonus allocation scheme improves employee productivity, compared with human managers’ bonus allocation.

Recipients of the 2022 Outstanding Performance Award have been named and include three School of Accounting and Finance faculty members: David Ha, Deborah Kraft and Daniel Rogozynski.

In fast-paced and often rapidly changing work environments, employers continue to seek new and improved ways to recognize employees in the workplace. However, new research from the University of Waterloo suggests that public peer recognition may backfire by enabling comparisons among employees, and these comparisons may make some employees feel unfairly treated.

Krista Fiolleau, associate professor in the School of Accounting and Finance (SAF) has recently published a chapter titled “The professional responsibility of accountants as re-defined by the inclusion of the NOCLAR standard in the Code of Ethics” within the Research Handbook on Accounting Ethics alongside co-authors Pier-Luc Nappert from Université Laval and Linda Thorne from the Schulich School of Business.  NOCLAR, an acronym meaning non-compliance with laws and regulations is discussed extensively throughout the chapter.

             At the School of Accounting and Finance (SAF), students are encouraged to go above and beyond their studies to enhance their learning outside the classroom through attending conferences and competitions. On March 4, a group of SAF students competed at the Association of Canadian Intercollegiate Investment Clubs (ACIIC) pitch competition. The team, comprised of students from different disciplines including Accounting and Financial Management, Computer Science, and Software Engineering, came in third place at ACIIC’s annual stock pitch competition.

From becoming the first person in her family to graduate from university, Ranjini Jha now educates students as a professor at the School of Accounting and Finance (SAF).

From becoming the first member of her family to graduate from university, Ranjini Jha now educates other students as a professor of finance at the University of Waterloo.

Currently, Ho works as an associate in private equity at Brookfield Asset Management and he attributes the start of building his investor mindset to his experience at the University of Waterloo with the Student Investment Fund (SIF). SIF gave him and other SAF students the unique opportunity to invest with real money and get hands-on-training in equity valuation and portfolio management with guidance from industry experts and faculty mentors. This taught him about value investing that he then applied to his co-op role as private equity analystat the Ontario Teachers’ Pension Plan and when competing in the CFA Institute Research Challenge.

Mingyue Zhang is an assistant professor of accounting at the School of Accounting and Finance at the University of Waterloo.

She earned her PhD in Accounting from the University of Toronto (Rotman School of Management) and Master of Professional Accounting from Singapore Management University. She is also an affiliate of the Association of Chartered Certified Accountants.(ACCA)

by Alyana Versolatto

The School of Accounting and Finance (SAF) is pleased to share that professor Efrim Boritz was inducted this year into the Canadian Accounting Hall of Fame for his extraordinary contributions to the accounting profession. During Boritz’s illustrious 40-year career at the University of Waterloo, he has been a prolific writer and researcher with 24 books and monographs to his credit and over 40 articles in refereed journals. His research involves investigating areas of professional practice in external auditing and internal auditing which rely on the exercise of professional judgment.