Curriculum Vitae
G. WILLIAM GLEZEN
Department of Accounting
College of Business Administration
University of Arkansas
Fayetteville, Arkansas 72701
PERSONAL DATA
Date of Birth: September 26, 1935
Place of Birth: Beaumont, Texas
Marital Status: Married, two children
EDUCATION
Degrees--
BBA in Accounting, Texas A&M University, College Station, Texas, 1956.
MBA, University of Arkansas, Fayetteville, Arkansas, 1977.
Ph.D. in Business Administration, University of Arkansas, Fayetteville, Arkansas, 1979--
Major area: Accounting
Minor areas: Data Processing and Quantitative Analysis and Economics
Awards and Honors--
Distinguished Student, Texas A&M University, 1956.
Honorary Member, Phi Chapter, Beta Alpha Psi, Louisiana State
University,1967.
Outstanding Faculty Service Award, Department of Accounting,
University of Arkansas, 1977.
Fellow, American Accounting Association Doctoral Consortium, 1978.
Deloitte Haskins & Sells Doctoral Fellow, 1978.
Outstanding Faculty Service Award, Department of Accounting, University of
Arkansas, 1980.
Outstanding Faculty Service Award, Department of Accounting,
University of Arkansas, 1982.
Outstanding Moderator, Arkansas Society of CPAs, 1982.
Outstanding Researcher Award, Department of Accounting, University of
Arkansas, 1984.
Outstanding Faculty Service Award, Department of Accounting,
University of Arkansas, 1984.
Outstanding Faculty Service Award, Department of Accounting,
University of Arkansas, 1985.
Meritorious Recognition for CPE Presentations, Arkansas Society of
CPAs, 1985.
Outstanding Researcher Award, Department of Accounting, University of
Arkansas, 1986.
Oxford Lecturer, University of Arkansas, 1986.
Meritorious Recognition for CPE Presentations, Arkansas Society of
CPAs, 1987.
Outstanding Faculty Service Award, Department of Accounting,
University of Arkansas, 1988.
Outstanding Faculty Service Award, Department of Accounting,
University of Arkansas, 1991.
Outstanding Faculty Service Award, Department of Accounting,
University of Arkansas, 1992.
Outstanding Service, College of Business Administration, University of
Arkansas, 1993.
Outstanding Faculty Award, Department of Accounting, University of
Arkansas, 1997.
Accountant of the Year in Education, Department of Accounting,
University of Arkansas, 1999.
Distinguished Achievement Award in Accounting Education Award,
Arkansas Society of CPAs, 1999.
PROFESSIONAL MEMBERSHIPS
American Accounting Association--
Editorial Board, Auditing: A Journal of Practice and Theory, 1984-97.
Editorial Board, Accounting Horizons, 1994 - 97.
Auditing Standards Committee, 1990-91.
American Institute of Certified Public Accountants--
Member of Board of Examiners and Grading Subcommittee and Chairman of
Auditing Subcommittee, 1983-88
Member of Grading Methodology Task Force, 1990.
Independent Auditing Subject Matter Expert for Examinations Division,
1991-present
Member of Joint Trial Board, 1998-present.
Arkansas Society of Certified Public Accountants--
Member of Ethics Committee, 1984-8
Institute of Internal Auditors
PROFESSIONAL EXPERIENCE
Teaching--
1988 to present - Walter B. Cole Professor of Accounting, Department of
Accounting, University of Arkansas. Teach graduate and undergraduate
auditing courses.
1984 to 1988 - Professor, Department of Accounting, University of
Arkansas. Taught graduate and undergraduate auditing courses.
1979 to 1984 - Associate Professor, Department of Accounting,
University of Arkansas. Taught graduate and undergraduate auditing courses.
1975 to 1979 - Part-time Instructor, Department of Accounting,
University of Arkansas. Taught undergraduate auditing course.
Professional--
1956 to 1975 (except for two-year leave of absence for active duty as
an officer in the U.S. Army) - Arthur Andersen & Co. in Houston and
New Orleans offices; promoted to manager in 1963 and partner in 1968.
Performed and supervised audit engagements of small and large
enterprises in a broad range of industries. Participated as an
instructor in a large number of local-office and firm-wide training
meetings on various accounting and auditing subjects. Director of
Recruiting for New Orleans office with overall responsibility for
recruiting and placement activities and relations with colleges and
universities in the assigned area.
PUBLICATIONS
Books and Monographs--
Auditing: An Assertions Approach, 7th edition, with Donald
H. Taylor, published by John Wiley & Sons in 1997.
Study Guide to Accompany Auditing: An Assertions Approach,
with Donald H. Taylor, published by John Wiley & Sons in 1997.
Test Bank to Accompany Auditing: An Assertions Approach,
with Donald H. Taylor, published by John Wiley & Sons in 1997.
Case Study in Auditing, 4th edition, with Donald H. Taylor and
Keith Ehrenreich, published by John Wiley & Sons in 1989.
Opportunities for Improving Audit Efficiency, published by Professional
Development Institute, North Texas State University in 1986, revised
as an AICPA CPE course in 1990.
A Profile of the Successful Candidates on the Certified Public
Accountants' Examination in Arkansas in 1980-81, with Nolan Williams,
published by the Bureau of Business and Economic Research, University
of Arkansas, 1982.
Journals--
"An Investigation of Investor Reaction to the Information Content of a
Going Concern Audit Report While Controlling for Concurrent Financial
Statement Information," Quarterly Journal of Business and Economics,
with Carlson and Benefield, Summer 1998.
"Whistle-Blowing on the Audit Team: A Study of Auditor Perceptions,"
Research on Accounting Ethics, with Williams, Volume 4, 1998.
"Analytical Auditing Procedures," Internal Auditor, with Gauntt,
February, 1997.
"Fiduciary Responsibility and Bank-Firm Relationships: An Analysis of
Shareholder Voting by Banks," Journal of Corporate Finance,with
Payne and Millar 3, 1996.
"Association of Accounting Course Content and Student Evaluations," The
Accounting Educators' Journal, with Briscoe and Letzkus, Fall 1996.
"The Effect of Cooperative Learning on Student Perceptions of
Accounting in the Principles Courses," Journal of Accounting
Education, with Caldwell and Weishar, Spring 1996.
"The Auditor Change Process," Journal of Accountancy, with Elser, June, 1996.
"Guidance for Multilocation Audits," The CPA Journal, with Gauntt,
January 1996.
"Are Accountants Advocates of Their Clients' Position? An Analysis of
Responses to Comments on the Postretirement Benefits Other Than
Pensions Exposure Draft," Accounting Enquiries, with Hefzi and
Schalow, August, 1993.
"Trading Volume, Management Solicitation, and Shareholder Voting,"
Journal of Financial Economics, with Young and Millar, 33, 1993.
"Bankruptcy Prediction Using Quarterly Financial Statement Data,"
Journal of Accounting, Auditing, and Finance, with Baldwin, Summer,
1992.
"Determinants of School District Audit Fees," Research in Governmental
and Nonprofit Accounting, with Roberts, 1990.
"Determinants of Auditor Change in the Public Sector," Journal of
Accounting Research, with Roberts and Jones, Spring 1990.
"How Practitioners Apply Analytical Procedures in Reviews of Nonpublic
Companies," The Practical Accountant, with Kunitake, April 1990.
"Regression Analysis in Auditing: A Comparison of Alternative
Investigation Rules--Some Further Evidence," Auditing: A Journal of
Practice & Theory, with Wilson, Spring 1989.
"The Effect of the Length of Prediction Interval on Prediction Error of
Regression Models Used in Analytical Review," Advances in
Accounting, with Wilson, 1989.
"Guidelines for CPAs Who Serve as Court Masters," Journal of
Accountancy, with Thomas, March, 1989.
"Forecasting Accounting Information for Auditors' Use in Analytical
Reviews," Advances in Accounting, with Wilson and Cronan, 1988.
"The Use and Effectiveness of Analytical Review Procedures in Signaling
Financial Statement Errors," The Ohio CPA Journal, with Kunitake,
Summer, 1987.
"An Analysis of Trends and Sources of Published Funded Accounting
Research," Advances in Accounting, with Millar, Autumn, 1985.
"An Empirical Investigation of Stockholder Reaction to Disclosures
Required by ASR No. 250," Journal of Accounting Research, with
Millar, Autumn, 1985.
"Analytical Review for Audit and Review Engagements," The CPA Journal,
with Kunitake and Luzi, April, 1985 (reprinted in The Accountants'
Digest, December, 1985).
"Internal Auditor Association with Interim Financial Statements,"
International Journal of Management, with Cooper, December, 1984.
"Auditor Association with Prospective Financial Statements," The Ohio
CPA Journal, Winter, 1984.
"An Investigation of Certain Interactions Between Large CPA Firms and
Accounting Educators," The Journal of Accounting Education, with
Russell, Spring, 1984.
"Public Oversight for Accounting Firms," Directors & Boards, with
Schwinghammer, Winter, 1983.
Book review of "The Market for Compilation, Review, and Audit
Services," The Accounting Review, January, 1983.
"Interim Financial Statement Review: An Inside Job," The Internal
Auditor, with Cooper, June, 1982.
"Pooling-of-Interest Accounting: Where We Stand and How We Got There,"
The National Public Accountant, September, 1981.
"The Review: A New Level of Assurance for Users of Financial Statements
of Non-Public Companies," Arkansas Business and Economic Review,
Spring, 1980.
"The Need for Accounting Postulates: ARS 11 as a Case in Point," The
Louisiana Certified Public Accountant, Fall, 1968.
"Auditing the Cost of Finding Oil and Gas," The Louisiana Certified
Public Accountant, October, 1966.
Proceedings and Working Papers--
"The Utilization and Effectiveness of Practice Development Activities in
Accounting Firms and Implications for Audit Independence," with
McKnight, Proceedings of the Midwest Region of the American
Accounting Association, April 24, 1998.
"An Exploratory Study of Big 6 Accounting Firm Practice Units,"
Proceedings of the American Accounting Association Annual Meeting,
August 19, 1997.
"Voting on Antitakeover Amendments: How Vote Separation and Management
Solicitation Impact the Outcome," with Millar and Young,
Southwestern Finance Association, March 8, 1996.
"A Review of the Current Use of Statistical Sampling in Auditing,"
with Legoria, Proceedings of the 1996 Ohio Regional AAA Meeting, May
3, 1996.
"Prospective Information in Managements' Discussion and Analysis: A
Test of Information Content," with Eikner and Hefzi, Proceedings of
the American Accounting Association Annual Meeting, August 15, 1995.
"An Examination of the Effects of Differential Prior Information in the
Market," with Parish, Fries, and Jones, Proceedings of the 1995
Southwest Regional AAA Meeting, March 4, 1995.
"Audit Partner and Manager Perceptions of the Extent and Effect of
Underreporting Chargeable Time," with Sheehy, Proceedings of the
1995 Southwest Regional AAA Meeting, March 4, 1995.
"The Association of Accounting Course Content Classifications and
Student Evaluations," with Briscoe and Letzkus, Proceedings of the
1994 Southeast Regional AAA meeting, April 29, 1994.
"Evaluating Contingent Liabilities: Are Independent Auditors
Consistent?" with Weishar, Proceedings of the 1994 Southeast
Regional AAA meeting, Louisville, Kentucky, April 29, 1994.
"Auditors' Assessment of Management Plans to Mitigate a Going Concern
Problem," with Mead, Proceedings of the 1994 Midwest Regional AAA
meeting, Omaha, NB, April 15, 1994.
"Whistle-Blowing on the Audit Team: A Study of Auditor Perceptions,"
with Williams, Proceedings of the 1994 Mid-Atlantic Regional AAA
meeting, Atlantic City, NJ, April 1, 1994.
"A Test of the Usefulness of Professional Standards in Auditors'
Assessment of the Materiality of Uncertainties," with Heinz,
Proceedings of the 1994 Southwest Regional AAA meeting, Dallas,
Texas, March 4, 1994.
"The Effect of Cooperative Learning on Student Perceptions in the
Accounting Principles Courses," with Caldwell and Weishar,
Proceedings of the 1994 Southwest Regional AAA meeting, Dallas,
Texas, March 3, 1994.
"Auditor Inconsistencies in Going Concern Evidence Evaluation: Further
Analysis of Audit Disclosure Judgments," with King, Sutton, and
Palko, Proceedings of the 1993 Critical Perspectives in Accounting
Symposium, New York, April 17, 1993.
"Was There a Need to Amend SAS No. 59 to Specify Wording of the
Auditor's Report?", with Hefzi and Carlson, Proceedings of the 1993
Critical Perspectives in Accounting Symposium, New York, April 17,
1993.
"Should CPAs Be Required to Report Colleagues Who Violate the
Profession's Codes of Conduct?" with Nugent, Proceedings of the 1993
Southwest Regional AAA meeting, New Orleans, March 5, 1993.
"A Test of Lawyer Response to Letters of Audit Inquiry,"
with Brantingham, Proceedings of the 1992 Mid-Atlantic Regional AAA
meeting, Pittsburgh, April 3, 1992.
"The Freshman Scholar's Seminar: A Course for High-Ability Students,"
with Talburt, Third Canadian-American Conference on the First Year
Experience, Victoria, British Columbia, May 4, 1992.
"The Effects of Shareholder Voting of Stock Trading and Vote
Solicitation Between the Record Date and Shareholder Meeting Date,"
with Young and Millar, annual meeting of American Finance
Association, New Orleans, January 4, 1991.
"Auditor Differentiation and Litigation: An Empirical Analysis
of Factors Affecting Stockholder Approval," with Eikner, Proceedings
of 1991 Ohio Regional AAA Meeting, Columbus, Ohio, May 2, 1991.
"Are Auditors Advocates of Their Clients' Positions?: An Analysis of
Responses to Comments on the Postretirement Benefits Other Than
Pensions Exposure Draft," with Schalow and Hefzi, Proceedings of
1991 Southwest Regional AAA Meeting, Houston, March 15, 1991.
"The Prediction of Business Failure: Auditors' Opinions Versus
Altman's Model," with Leung, Critical Perspectives on Auditing
Symposium, New York, April 29, 1990.
"An Investigation of CPAs' Understanding of the Revised Code of
Professional Conduct," with Alexander, Proceedings of 1990 Southwest
Regional AAA Meeting, Dallas, March 1, 1990.
"Auditor Perceptions of the Importance of Audit Committee
Communications Required by SAS No. 61," with Bennett, Proceedings of
1990 Southwest Regional AAA Meeting, Dallas, March 1, 1990.
"An Investigation of the Effect of the Accounting Information Systems
Course and Other Variables on Student Performance in the First
Auditing Course," with Campbell, Proceedings of 1989 AAA Annual
Meeting. Honolulu, Hawaii, August 16, 1989.
"An Empirical Investigation of the Extent of Communication Between
Predecessor and Successor Auditors," with Prather-Snodgrass, in
Proceedings of the 1989 Southeast Regional AAA Meeting, Washington,
D. C., April 22, 1989.
"An Investigation of Lawyer Heuristics and Biases When Responding to
Letters of Audit Inquiry," with Brazil, Proceedings of 1989
Southwest Regional AAA Meeting, New Orleans, March 9, 1989.
"An Investigation of Determinants of Auditor Change in the Public
Sector," with Roberts and Jones, Proceedings of 1988 AAA Annual
Meeting, Orlando, Florida, August 16, 1988.
"The Impact of CPA Firm Size on Auditor Disclosure Preferences: A
Further Analysis," with King, Proceedings of 1988 Southwest AAA
Meeting, San Antonio, Texas, March 4, 1988.
"An Investigation of Limits on Expansion of Services and Products by
CPAs," with Sampson, Proceedings of Southwest AAA Meeting, Houston,
March 12, 1987.
"The Effect of Learning on the Performance of Audit Procedures," with
Finn, Decision Sciences Institute 1986 Annual Meeting, Honolulu,
Hawaii, November, 1986.
"Materiality Thresholds of Disclosure as Perceived by Practicing
Auditors," with Gosslin, Proceedings of Ohio AAA Meeting, May 2, 1986.
"An Investigation of Additional Audit Procedures Used in Initial Audits
of Continuing Enterprises," with Roberts, Proceedings of Southwest
AAA Meeting, Dallas, March, 1986.
"A Comparison of Altman's Bankruptcy Prediction Models for Use in
Audits of Medium-Sized Companies," with Baldwin, Proceedings of
Southwest Regional AAA Meeting, New Orleans, March, 1985.
"A Note Regarding the Effect of Autocorrelation on the Relative
Prediction Error of Regression and ARIMA in Analytical Reviews,"
with Wilson-Skeith and Cronan, Proceedings of Southwest AAA Meeting,
New Orleans, March, 1985.
"An Analysis of Trends and Sources of Funded Published Accounting
Research," North American Economic and Finance Association, Mexico
City,July, 1984.
"Auditor Competition: A Basis for Differentiation," Center for Audit
Research Working Paper, University of Georgia, Spring, 1983.
"Estimating Labor Costs with GPSS," with Henry Thibault, Proceedings of
Southwest Regional Meeting of American Accounting Association,
March, 1982.
"Bankers' Perceptions of Risks Associated with Various Levels of
Service Provided by CPAs," Proceedings of Southwest Regional Meeting
of American Accounting Association, March, 1982.
"A Study of Certain Auditor Selection Criteria," Proceedings of
Southwest Regional Meeting of American Accounting Association, March 1981.
Addresses--
"The Future of Audit Education," Future Trends in Accounting Education
Conference, Blacksburg, VA, November 1, 1996.
"Challenges Facing the Accounting Profession," Annual meeting of
Arkansas Society of CPAs, Branson, MO, July 14, 1995.
"Annual Auditing Update," Annual meeting of Arkansas Society of CPAs,
Branson, MO, May 17, 1995.
"Auditing SAS Update," Annual Arkansas Society of CPAs Accounting and
Auditing Conference, Branson, MO, July 13, 1995.
"Statement on Auditing Standards Update," Arkansas Society of CPAs,
Little Rock, May 14, 1993.
Audit Working Papers: The Preparation of Adequate But Not Excessive
Documentation," Professional Development Seminar for Frost & Co.,
Little Rock, May 11, 1992.
"Internal Control: The Auditor's New Responsibilities," Arkansas
Society of CPAs, Little Rock, June 22, 1990.
"Update on Statement of Auditing Standards with Particular Emphasis on
SAS No. 63," Arkansas Society of CPAs Annual Accounting and Auditing
conference, Pine Bluff, May 3, 1990.
"Audit Reporting Under the New SASs," Arkansas Society of CPAs Annual
Accounting and Auditing Conference, Fayetteville, May 5, 1989.
"Impact of the New SASs on Our Changing Profession," Arkansas Society
of CPAs, Fayetteville, June 23, 1988.
"Proposed Changes to the CPA Exam," Arkansas Society of CPAs Annual
Accounting and Auditing Conference, Hot Springs, May 7, 1987.
"The Proposed New Auditor's Report," Arkansas Society of CPAs Annual
Accounting and Auditing Conference, Hot Springs, May 8, 1987.
"A Profession in Turmoil," C. W. Oxford Lecture Series, University of
Arkansas, March 27, 1986.
"Opportunities for Improving Audit Efficiency," Shreveport Chapter,
Society of Louisiana CPAs, Shreveport, November 21, 1986.
"Audit Sampling, Materiality, and Risk," Northwest Arkansas Chapter of
CPAs, September 12, 1985.
"An Educational Challenge: Teaching Audit Risk and Materiality," Price
Waterhouse Symposium, Lake Tahoe, Nevada, August 16, 1985.
"First Audit of a New Client," Arkansas Society of CPAs Annual
Accounting and Auditing Conference, Hot Springs, May 16, 1985.
"Legal Liability of Small Accounting Firms," Arkansas Society of CPAs
Annual Accounting and Auditing Conference, Little Rock, May 4, 1984.
"Audit Evidence - Deciding How Much and What Type," Arkansas Society of
CPAs, November 14, 1983 and June 20, 1985.
"Evaluating and Alleviating the Risk of Legal Liability," Annual
Meeting of Arkansas Society of CPAs, Little Rock, September 24, 1982.
"Accountants' Legal Liability," Professional Development Seminar for
Baird, Kurtz & Dobson, Springfield, Missouri, May 24 and 25, 1982.
"Auditing in an EDP Environment," Professional Accountants' Seminar,
Cairo, Egypt, March 16, 1982.
"The U.S. Accounting Profession," El Monsura University, El Monsura,
Egypt, March 15, 1982.
"Internal Control in an EDP Environment," El Monsura University, El
Monsura, Egypt, March 11, 1982.
"The U.S. Accounting Profession," Ain-Shams University, Cairo, Egypt,
March 10, 1982.
"Internal Control in an EDP Environment," Ain-Shams University, Cairo,
Egypt March 9, 1982.
"Recent Developments in Auditing Education," Northwest Arkansas Chapter
of Institute of Internal Auditors, October 6, 1981.
"Current Developments in Generally Accepted Auditing Standards,"
Arkansas Society of CPAs, Eureka Springs, May 7, 1981.
"Current Developments in Auditors' Reports," Annual Meeting of Arkansas
Society of CPAs, October 17, 1980.
"The Foundation for FASB Pronouncements--Rock or Sand?" Graduate
Accounting Conference, Texas A & M University, April 24, 1975.
"Full Cost Accounting for Discovered Fuel," Texas Electric Utility
Accounting Conference, Beaumont, Texas, July 22, 1974.
"APB Opinion No. 16 and SAP Nos. 40 and 44," Accounting and Auditing
Technical Conference, Society of Louisiana CPAs, May 18, 1973.
"The Social Relevance of Accounting," University of Southern
Mississippi, April 4, 1973.
"The Function of the Independent Accountant in Business," Tulane Law School, April 2, 1973.
"Financial Statements of the Future: Price Level Changes and Fair
Market Values?" Baton Rouge, Louisiana Chapter, National Association
of Accountants, September 12, 1971.
CIVIC ACTIVITIES
Board of Directors and Treasurer (1981 to 1993), Life Styles, Inc.,
Fayetteville, Arkansas, a United Fund agency providing services to
mentally retarded young adults.
President (1974-75) and member of Board of Directors (1971-75), Boys
Clubs of Greater New Orleans.
Vice-President (1974-75) and member of Board of Directors (1973-75),
Family Service Society, New Orleans, Louisiana.
Members' Council (1974-75), Chamber of Commerce of New Orleans.
OTHER ACTIVITIES
Recipient of Coopers and Lybrand Excellence in Auditing Education
Grant, Summer, 1988.
Recipient of Coopers and Lybrand Curriculum Development Grant, Summer, 1986.
Master in Chancery in case of John P. Elder vs Ted Smith, et al,
Washington County, Case No. E84-140,
December, 1984 and January, 1985.
Instructor, CPA Review Course, Arkansas Society of CPAs, 1977-83.
Instructor, Annual Accounting Institute, Arkansas Society of Public
Accountants, July, 1981.
Instructor, Firm-wide Recruiting Training, Arthur Andersen & Co., 1973.
June 1998