Accounting and Business Law News

Georgetown McDonough’s newsmakers are regularly mentioned in the media, on our social media channels, or in Georgetown Business magazine. To find a list of faculty experts or our contact information, visit the Office of Marketing and Communications

Are These the Best Colleges for Undergraduate Accounting Degrees?

September 1st, 2020

If you’re looking at potential earnings alone, Georgetown University is the school for you. That’s according to a new study published Best Accounting Software, a platform that rates and reviews financial software. And the 67 accounting graduates of Georgetown earned a median $83,100 — far higher than any other school and the overall average of all 598 schools to be included of $46,528.

CPAs Accuse Banks of Pocketing Finder’s Fees on PPP Loans

August 10th, 2020

In dozens of lawsuits that have been filed over the last three months, accounting firms are seeking a slice of PPP pie through agent fees. Thomas Cooke, distinguished teaching professor, tells Bloomberg Tax this legal fight could last for years and Congress could intervene.

Hong Kong’s Richest Family Loses US $8B in a Single Year

August 6th, 2020

Shares of the Kwoks’ Sun Hung Kai Properties are now trading at less than half the value of the company’s net assets. “The long-term value of these assets is tied to Hong Kong and the integration of Hong Kong into China. Growth in the future will not be as high as in the past,” said Gilles Hilary, chaired professor of accounting, referring to the city’s developers as a group.

Favorite MBA Professors of the Class of 2020

August 3rd, 2020

Described as the “kindest, most driven professor at Georgetown,” Allison Koester, associate professor at Georgetown McDonough was named to Poets&Quants Favorite MBA Professors of 2020.

Nine New Faculty Join Georgetown McDonough

July 21st, 2020

Georgetown ’ s McDonough School of Business welcomed nine new faculty for the 2020 – 2021 academic year . Tenured and tenure – track faculty Rahul Gupt…

Tobashi Schemes

June 23rd, 2020

Aside from monitoring new adjusted metrics, investors should also look at whether companies are piling too many negative charges into the pandemic-affected quarters in order to make their reported results look even better once the crisis is over, said Gilles Hilary, an accounting professor at Georgetown’s McDonough School of Business.

Favorite MBA Professors Of The Class of 2020

June 17th, 2020

Alas, Allison Koester could give Mish a run for her money there. She is described as the “kindest, most driven professor at Georgetown” by Colin Miller. While Miller will never become an accountant, he does credit Koester for a feat that enhanced his marriage. “After taking Professor Koester’s accounting class, I was finally able to understand what my wife, who is a CPA, was talking about when she told me about her workday.”

How Companies are Becoming Creative with Accounting During the COVID-19 Pandemic

May 28th, 2020

Aside from monitoring new adjusted metrics, investors should also look at whether companies are piling too many negative charges into the pandemic-affected quarters in order to make their reported results look even better once the crisis is over, said Gilles Hilary, an accounting professor at Georgetown’s McDonough School of Business.

Young Voters Could Be Biden’s Achilles’ Heel

April 21st, 2020

If that’s how Mr. Biden’s own supporters feel, we shouldn’t be surprised that many young people who backed his rival, Bernie Sanders, are now keeping their distance. And even Mr. Sanders, whom young Democrats adored, failed to turn out as many younger voters as he had hoped. All of this suggests that Mr. Biden is in major trouble. —Jackson Butler, Georgetown University, finance and accounting.

CEOs are Taking Pay Cuts as Furloughs and Layoffs Mount. Is it Actually Helping?

April 1st, 2020

“But the gesture is often symbolic; executive pay is largely made up of stock options, rather than the salary CEOs pull biweekly. Cutting pay doesn’t always have a significant impact on a company’s bottom line, although it can help if firms are severely cash-constrained. And if the pay cuts are also accompanied by layoffs—like Macy’s nationwide furloughs—any morale-boosting benefits can be “lost in the noise,” according to Jason Schloetzer, an associate professor of accounting at Georgetown University’s McDonough School of Business.” Subscription required.

WeWork Gets Two New CEOs: “This Is Artie. He’s The Adult In The Room”

September 24th, 2019

Artie Minson, according to a person familiar with the company, is a polished executive who represents a “sober choice” for WeWork. Minson studied accounting at Georgetown University and earned his master’s in business administration from Columbia Business School. As an accountant, he worked at Ernst & Young before starting work in the media industry.

Experts Discuss Social Impact Investing in San Francisco

March 1st, 2019

Alumni gathered Feb. 25 in San Francisco to hear a panel of executives in finance and social entrepreneurship discuss impact investing with Bill Novelli, founder of McDonough’s Global Social Enterprise Initiative and distinguished professor of the practice.

A Dream Deferred

October 17th, 2018

Carlos Sera never gave up on his dream to graduate from Georgetown, and Georgetown never gave up on him.