Clare Wang is an Assistant Professor in the Accounting Information and Management department. Her primary research interest focuses on the properties and economic impact of accounting information and accounting standards, particularly in international settings. She and her co-authors have examined how accounting standards harmonization affect financial statement comparability across countries, the spill-over effects of disclosure regulation in the U.S. to foreign firms, the importance of currency risk in cross border investment decisions, and the determinants and consequences of CEO taking $1 salaries.
Clare teaches the Financial Reporting and Analysis course. She received her B.S. and Ph.D. degrees from the Wharton School, University of Pennsylvania. During the 5 years between her undergraduate and graduate studies, Clare worked in the investment banking division at Goldman Sachs in Hong Kong.
Areas of Expertise
Financial Disclosure/Statements
International Accounting
Education
Ph.D., 2011, Accounting, University of Pennsylvania, Wharton School
B.S., 2001, Accounting and Finance, University of Pennsylvania, Wharton School, summa cum laude
Academic Positions
Assistant Professor, Northwestern University, Kellogg School of Management, 2011-present
Instructor, Accounting, University of Pennsylvania, Wharton School, 2009-2009
Teaching Interests
Financial Accounting; Valuation and Security Analysis
Full-Time / Part-Time MBA
Financial Reporting and Analysis (ACCT-451-0) This course counts toward the following majors: Accounting
This course provides a study of current practices in corporate financial reporting and fundamental issues relating to asset valuation and income determination. The emphasis is on financial statement analysis and interpretation of existing financial disclosures. The course stresses critical analyses of financial reporting numbers as a basis for improved risk assessment and cash flow forecasting. Cases are used extensively to enhance relevance.