Phong Truong
Assistant Professor
Assistant Professor of Accounting
Expertise
Financial reporting and its real effects Regulations and standard setting in capital markets Information Intermediaries Behavioral finance https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=3150212
Education
Ph D in Industrial Administration - Accounting, Carnegie Mellon University, Pittsburgh, PA, USA, 2019-01-01 MS in Industrial Administration - Accounting, Carnegie Mellon University, Pittsburgh, PA, USA, 2016-01-01 BS in Mathematics, The University of Massachusetts Boston, Boston, MA, USA, 2014-01-01
Courses Taught
ACCTG 471 – Int Fin Acctg I
ACCTG 471 provides students with an understanding of generally accepted accounting principles and procedures so that they properly account for and present information in financial statements prepared for external users. The student should acquire a complete understanding of the accounting issues relating to cash, receivables, inventory, plant assets, natural resources, and intangibles. The student should be able to evaluate alternative accounting methods and choose the methods which will best convey the financial information related to the above areas. The student should be able to apply appropriate generally accepted accounting principles and procedures to account for transactions related to the above asset areas. The student should be able to demonstrate an understanding of the transaction analysis, recording, classification, summarization, and reporting procedures in the accounting cycle, and an understanding of the information contained in the financial statements. Finally, student should be able to demonstrate written communication skills required of accountants.
Selected Publications
Lourie B., Nekrasov A., Truong P., Zhu C. "Do Earnings Announcements Affect Employee Spending? Evidence from Transaction Data" Journal of Accounting Research, 2025-07-01
Karolyi S. A., Ruchti T. G., Truong P. "Number Processing Constraints and Earnings News" Management Science, vol. 71, 2025-03-01
Truong P. "Peer Effects and Disclosure Timing: Evidence from Earnings Announcements" The Accounting Review, vol. 98, 2023-05-01
Bird A., Karolyi S. A., Ruchti T. G., Truong P. "More is Less: Publicizing Information and Market Feedback" Review of Finance, vol. 25, 2021-05-01
Hirshleifer D., Lourie B., Ruchti T. G., Truong P. "First Impression Bias: Evidence from Analyst Forecasts" Review of Finance, vol. 25, 2021-03-01