Wendy Heltzer
Wendy Heltzer

Visiting Assistant Professor of Accounting Information & Management

Print Overview

Outside of academia Heltzer has experience in the corporate world; she worked at Ernst & Young, LLP as a Senior Tax Consultant. Heltzer brings many of her experiences from the corporate world into the classroom, to help prepare her students for their post-graduation jobs.

Heltzer earned her B.S. in Economics from the Wharton School (1996), and her MBA and Ph.D. from Chicago Booth (2006).

Heltzer currently serves on the board of the Lynn Sage Cancer Research Foundation.
Print Vita
Ph.D. and MBA, 2006, Accounting, Booth School of Business, University of Chicago
B.S., 1996, Accounting, The Wharton School, University of Pennsylvania

Academic Positions
Associate Professor with Tenure, Driehaus College of Business, Depaul University, 2012-present
Visiting Assistant Professor, Kellogg School of Management, Northwestern University, 2012-present
Assistant Professor, Driehaus College of Business, DePaul University, 2006-2012
Visiting Assistant Professor, Booth School of Business, University of Chicago, 2001-2006

Other Professional Experience
Staff and Senior Tax Consultant, Ernst & Young, LLP, 1996-2000

Print Research
Research Interests
The quality of financial reporting, with an emphasis on the information in book-tax differences, financial statement conservatism, regulatory changes, and corporate environmental responsibility.

Print Teaching
Teaching Interests
Introductory, intermediate and advanced financial accounting, financial statement analysis, valuation, and tax & business strategy.
Full-Time / Part-Time MBA
Accounting For Decision Making (ACCT-430-0)

This course counts toward the following majors: Accounting.

This course acquaints students with the process used to construct and understand the financial reports of organizations. The objective is to understand the decisions that must be made in the financial reporting process and to develop the ability to evaluate and use accounting data. Emphasis is placed on understanding the breadth of accounting measurement practices and on being able to make the adjustments necessary for careful analysis. The course highlights the linkages between accounting information and management planning, and decision making and control.

Managerial Accounting (ACCT-431-0)

This course counts toward the following major: Accounting

This course emphasizes the use of accounting data in internal management planning and control. It is concerned with accounting techniques that affect decisions about resource allocation and performance evaluation within a firm. The course covers the basic vocabulary and mechanics of cost accounting as well as the economic basis for managerial accounting techniques and the problems that should be anticipated in their use.

Accounting for Decision Making (ACCT-438-B)
This course is a condensed version of ACCT-430 (Accounting for Decision Making) for One-Year students. See ACCT-430 course description for more details.

Securities Analysis (FINC-463-0)

This course counts toward the following majors: Accounting, Finance.

This course focuses on the valuation of publicly traded equity securities. The tools and techniques include fundamental analysis ("bottoms-up," firm-level, business and financial analysis), preparation of pro forma financial statements, estimation of free cash flows and application of valuation models. The firm's financial statement data constitute a major input to the valuation process. We use cases to illustrate and apply these techniques in several different settings, although this is not a "case course." The goal of the course is to provide students with a strong theoretical and applied understanding of the valuation of equity securities.