Faculty Directory

Sarah McVay

 

Office: 553 PACCAR Hall
Phone: 206-616-2196
Fax: 206-685-1561
Email: smcvay(at)uw.edu

Foster School of Business
University of Washington
Box: 353226
Seattle, WA 98195-3200

Sarah McVay

Professor of Accounting
Deloitte & Touche Endowed Professorship in Accounting

Education

PhD University of Michigan (2004)
BA University of Oregon (1997)

Academic Expertise

financial accounting

Current Research

Earnings quality, management disclosures, managerial ability, and the interactions between market participants

Positions Held

At the University of Washington since 2012
Faculty at University of Utah, 2007-2012
Faculty at New York University, 2004-2007
Senior Auditor at Arthur Andersen, Portland Oregon, 1998-2000
Staff Accountant at Moss Adams & Co., Vancouver Washington, 1997-1998

Selected Publications

  1. Does Ineffective Internal Control over Financial Reporting affect a Firm’s Operations? Evidence from Firms’ Inventory Management
    Journal Article: Feng, M., Li, C., McVay, S., and Skaife, H., (2015). The Accounting Review, Vol. 90, pp. 529-557.
  2. An analysis of the implications of discontinued operations for continuing income
    Journal Article: Curtis, A., Mcvay, S. E., and Wolf, M., (2014). Journal of Accounting and Public Policy, Vol. 33(2), pp. 190-201.
  3. Forecasting Sales: A Model and Some Evidence from the Retail Industry
    Journal Article: Curtis, A., Lundholm, R. J. and Mcvay, S. E, (2014). Contemporary Accounting Research, Vol. 31(2), pp. 581–608.
  4. The Disclosure of Non-GAAP Earnings Information in the Presence of Transitory Gains
    Journal Article: Curtis, A., Mcvay, S. E., and Wipple, B., (2014). The Accounting Review, Vol. 89(3), pp. 933-958.
  5. Managerial Ability and Earnings Quality
    Journal Article: Demerjian, P., Lev, B., Lewis, M., and McVay, S., (2012). The Accounting Review, Vol. 88(2), pp. 463-498.
  6. Quantifying Managerial Ability: A New Measure and Validity Tests
    Journal Article: Demerjian, P., Lev, B., and McVay, S., (2012). Management Science, Vol. 58(7), pp. 1229-1248.
  7. Manager-Specific Effects on Earnings Guidance: An Analysis of Top Executive Turnovers
    Journal Article: Brochet, F., Faurel, L., and McVay, S., (2011). Journal of Accounting Research, Vol. 49(5), pp. 1123-1162.
  8. Non-GAAP Earnings and Board Independence
    Journal Article: Frankel, R., McVay, S., and Soliman, M., (2011). Review of Accounting Studies, Vol. 16(4), pp. 719-744.
  9. Analysts’ Incentives to Overweight Management Guidance When Revising Their Short-Term Earnings Forecasts
    Journal Article: Feng, M., and McVey, S., (2010). The Accounting Review, Vol. 85(5), pp. 1617-1646.
  10. Internal Control and Management Guidance
    Journal Article: Feng, M., Li, C., and McVay, S., (2009). Journal of Accounting and Economics, Vol. 48(2-3), pp. 190-209.
  11. SEC Scrutiny and the Evolution of Non-GAAP Earnings Numbers
    Journal Article: Kolev, K., Marquardt, C., and McVay, S., (2008). The Accounting Review, Vol. 83(1), pp. 157-184.
  12. Accruals Quality and Internal Control over Financial Reporting
    Journal Article: Doyle, J., Ge, W., and McVay, S., (2007). The Accounting Review, Vol. 82(5), pp. 1141-1170.
  13. Determinants of Weaknesses in Internal Control over Financial Reporting
    Journal Article: Doyle, J., Ge, W., and McVay, S., (2007). Journal of Accounting and Economics, Vol. 44(1-2), pp. 193-223.
  14. Earnings Management Using Classification Shifting: An Examination of Core Earnings and Special Items
    Journal Article: McVay, S., (2006). he Accounting Review, Vol. 81(3), pp. 501-531.
  15. Trading Incentives to Meet the Analyst Forecast
    Journal Article: McVay, S., Nagar, V., and Tang, W., (2006). Review of Accounting Studies, Vol. 11(4), pp. 575-598.
  16. The Disclosure of Material Weaknesses in Internal Control after the Sarbanes-Oxley Act
    Journal Article: Ge, W., and McVay, S., (2005). Accounting Horizons, Vol. 19(3), pp. 137-158.

Working Papers

“Qualifying Special Items,” with Cain, C., & Kolev, K.
“Overconfident Managers and Internal Controls,” with Chen, S., Lai, S., & Liu, C.
“The Changing Implications of Research and Development Expenditures for Future Profitability,” with Curtis, A., & Toynbee, S.
“Earnings Smoothing: For Good or Evil?,” with Demerjian, P., & Lewis, M.
“Assessing the Accuracy of Small Firms’ Internal Control Disclosures,” with Ge, W., & Koester, A.
“The Effect of Internal Control on Corporate Corruption: Evidence from China,” with Ge, W., Li, Z., & Liu, Q.

Honors and Awards

William & Helen Fowler Endowment for Special Achievement in Accounting, 2014
Deloitte and Touche Endowed Professorship, 2015-present
Legoe Endowed Professorship, 2012–2015
Outstanding Reviewer Award, 2011
Doctoral Faculty Teaching Excellence Award, 2011
David Eccles Faculty Fellow, 2011–2012
David Eccles Emerging Scholar, 2008–2011
Deloitte and Touche Fellowship, 2002
Beta Alpha Psi, President (Oregon Chapter), 1996–1997
Oregon State Society of CPAs Outstanding Student Award, 1997

Academic Service

Editor, Contemporary Accounting Research, 2014-present
Editorial Board, Accounting and Finance, 2012-present
Editorial Advisory and Review Board, Accounting Horizons, 2008-present
Editorial Advisory and Review Board, The Accounting Review, 2008-present
Editorial Board, Contemporary Accounting Research, 2010-2014