Tenured Associate Professor | Distinguished Teaching Fellow | Faculty Director, UC Berkeley Executive Education's Financial Technology (Fintech) Program | Faculty Director, Center for Financial Reporting & Management
Accounting
About
Prof. Yaniv Konchitchki is a full-time tenured associate professor at UC Berkeley’s Haas School of Business. He received his PhD in Business Administration from Stanford’s Graduate School of Business, and MSc in Statistics from Stanford’s Statistics Department. He also holds a CPA license. Before receiving his PhD, he worked a number of years as a CPA and Senior Financial Analysis Expert for PwC as well as an Economist.
He is a founding father of Macro-Accounting, a new interdisciplinary research field that he has helped develop, with related research widely recognized such as through the American Accounting Association’s Notable Contributions to Accounting Literature Award and the Best Paper Award. Examples of topics his research covers include inflation; technology/information systems; economic fluctuations & growth (i.e., GDP); monetary policy (including cost of capital/discount rates/interest rate dynamics); alternative data; & national accounting.
Overall, his research expertise is in corporate financial reporting and analysis, interdisciplinary capital markets, valuation, financial technology (Fintech) & innovation, and macroeconomics. His work focuses on the modeling and the resolution of real-world problems with the goal of enhancing decision making, while employing tools such as econometrics, statistical/big data analyses, and programmed algorithms.
His research was published in top-tier academic & professional journals, and he was invited to present at several world’s top academic institutions, hedge funds, investment institutions, & national security intelligence forums (e.g., U.S. Cyber Command).
Among other honors/awards for exceptional merits, he was recognized as the recipient of the Notable Contributions to Accounting Literature Award and the Best Paper Award — both from the American Accounting Association. Also, as a World’s Top 40 Under 40, Bakar Faculty Fellow, Hellman Fellow for Distinguished Research Excellence, Schwabacher Fellow, & twice as Cheit Award recipient for Distinguished Teaching Excellence (core MBA courses).
Other honor examples: Stanford’s Jaedicke Merit Award for Outstanding Academic Achievements at Stanford, Thompson Teaching & Learning Innovation Award, Columbia University’s Research Grant, Tel Aviv University’s Special Program for Outstanding Merits & School of Economics’ Research Prize.
Expertise and Research Interests
- Interdisciplinary Capital Markets
- Macroeconomics
- Financial Reporting
- Financial Technology (Fintech), Innovation, and Related Decision Making
- Valuation
- Forecasting Firm/Industry/Macro Performance
- Technology/Information Systems
- Financial Statement Analysis
- Finance
- Macro-Accounting
- Asset Pricing
- Inflation and Nominal Financial Reporting: Implications for Performance and Stock Prices. The Accounting Review.
2011
—————– - Cost of Capital and Earnings Transparency. Journal of Accounting and Economics.
2013. [Awarded the BEST PAPER AWARD of the American Accounting Association]
—————– - Event Study Methodologies in Information Systems Research. International Journal of Accounting Information Systems.
2011. [Methodologies for interdisciplinary capital markets research in the interface of finance, technology/information systems, and financial reporting] - Capital Markets Valuation and Accounting Performance of Most Admired Knowledge Enterprise (MAKE) Award Winners. Decision Support Systems.
2013
—————– - Accounting Earnings and Gross Domestic Product. Journal of Accounting and Economics.
2014. [Awarded the NOTABLE CONTRIBUTIONS TO ACCOUNTING LITERATURE AWARD of the American Accounting Association and the American Institute of Certified Public Accountants]
—————– - Accounting and the Macroeconomy: The Case of Aggregate Price-Level Effects on Individual Stocks. Financial Analysts Journal.
2013
—————– - Taking the Pulse of the Real Economy Using Financial Statement Analysis: Implications for Macro Forecasting and Stock Valuation. The Accounting Review.
2014. [Awarded the NOTABLE CONTRIBUTIONS TO ACCOUNTING LITERATURE AWARD of the American Accounting Association and the American Institute of Certified Public Accountants]
—————– - Accounting Valuation and Cost of Capital Dynamics: Theoretical and Empirical Macroeconomic Aspects. Discussion of Callen. Abacus.
2016. [In addition to discussing some theory aspects of accounting-based valuation, this paper provides a review, extensions, and future directions for the area that Prof. Konchitchki has termed as Macro-Accounting and helped founded it as a growing research field.]
—————– - Accounting-Based Downside Risk, Cost of Capital, and the Macroeconomy. Review of Accounting Studies.
2016
—————– - SEC Filings, Regulatory Deadlines, and Capital Market Consequences. Accounting Horizons.
Forthcoming
—————– - Interest Rate Volatility, the Yield Curve, and the Macroeconomy. Journal of Financial Economics.
Forthcoming
—————–
2017 – Present, Tenured Associate Professor, Berkeley Haas
At University of California, Berkeley since: July 2011
2011 – 2017, Assistant Professor, Berkeley Haas
At University of California, Berkeley since: July 2011
NATIONAL: 2019 NOTABLE CONTRIBUTIONS TO ACCOUNTING LITERATURE AWARD (of the American Accounting Association and the American Institute of Certified Public Accountants)
“Award given…to published research work which has withstood a rigorous process of screening and scrutiny based on certain criteria, such as uniqueness and potential magnitude of contribution to accounting education, practice and/or future accounting research, breadth of potential interest, originality and innovative content, clarity and organization of exposition and soundness and appropriateness of methodology.”
NATIONAL: BEST PAPER AWARD (of the American Accounting Association)
“This annual award honors the paper that best reflects the tradition of academic scholarship in financial accounting and explores research that is relevant to problems facing the accounting profession and standard-setters.”
For his research titled “Cost of Capital and Earnings Transparency.”
E.g.: http://faculty.haas.berkeley.edu/yaniv/2014_AAA_BestPaperAward_AAAPressRelease.pdf
INTERNATIONAL: “World’s 40 Under 40”
Featured in Fortune, Haas, P&Q. See:
http://newsroom.haas.berkeley.edu/yaniv-konchitchki-makes-worlds-top-40-under-40
http://fortune.com/2014/02/12/the-40-best-b-school-professors-under-40
UC BERKELEY: Hellman Fellow Fund Award for Distinguished Excellence in Research
Selected from across the university as a “Most Promising Assistant Professor.”
UC BERKELEY: Distinguished Teaching Fellow; Earl F. Cheit Award for Distinguished Excellence in Teaching (awarded more than once)
“Highest teaching award bestowed annually upon instructors at Berkeley Haas.” (Awarded for Core MBA Courses on Financial Reporting)
UC BERKELEY: Schwabacher Fellow
“The Berkeley Haas Executive Committee voted this honor on the basis of ‘outstanding research, exceptional departmental service, unusual scholarly growth, or some combination thereof.'”
E.g.: https://newsroom.haas.berkeley.edu/haas-names-new-schwabacher-fellows
UC BERKELEY: Barbara and Gerson Bakar Faculty Fellow
“A most positive signal for the years to come, the fellowship honors Haas faculty members with a record of accomplishment and a very bright future.”
UC BERKELEY: Club Six Member
Awarded for Teaching Excellence in Core MBA (several teaching years at Haas)
STANFORD GSB: Jaedicke Merit Award for Outstanding Academic Performance in the PhD Program
Stanford University, Graduate School of Business
Doctoral Fellowships
USC MARSHALL: Evan C. Thompson Teaching & Learning Innovation Award
For Core MBA Teaching Excellence
TEL AVIV UNIVERSITY: Annual Research Prize of the School of Economics (2000)
In addition:
– Several awards for excellence, including full tuition scholarships and stipends during each year of studies.
– Selected to University’s Special Program for Outstanding Students.
– Magna Cum Laude.
COLUMBIA UNIVERSITY: Research Grant
Center for International Business Education and Research
- Faculty Honors: Five New Awards in Summer 2019, UC Berkeley
- Yaniv Konchitchki Makes “World’s Top 40 Under 40”, Poets & Quants, Coverage by Haas media
- How Missing SEC Filing Deadlines Affects a Company’s Stock Value, Columbia Law School, Blue Sky Blog on Corporations and Capital Markets
- Prof. Yaniv Konchitchki Wins American Accounting Association Best Paper Award, Haas School of Business, UC Berkeley
- Exploring Cross-Sectional Effects of Inflation, Enterprising Investor
- AICPA Honors Three with Education Awards, Accounting Today
- The 40 Most Outstanding B-School Profs Under 40 In The World, Poets & Quants
- Making a Case for Transparent Corporate Accounting Information, Phys.org
- AICPA-Sponsored Notable Contributions to Accounting Literature Award, American Accounting Association
- Shares Drop When Cos. File Late: Study, CFO
- Best Paper Award – Announcement, American Accounting Association
- Trading PEAD: 16 Stocks With Earnings Surprises Over 50%, Seeking Alpha
- Profs. Receive Prestigious Research Award, American Accounting Association, Coverage by Haas
- Haas Names New Schwabacher Fellows, UC Berkeley Haas
- Financial Accounting, Full-Time MBA Program (Core Course)
- Highlights from Financial Accounting Practice and Research, Berkeley Executive Programs in Management
- Doctoral Seminar in Accounting Research, PhD-Level
- Research Seminar in Financial Accounting, PhD-Level
- Macro-Accounting/Interdisciplinary Capital Markets Research, PhD-Level
- Financial Reporting, Evening MBA Program (Core Course)