Faculty and Instructors

Ella Mae Matsumura

Professor - Accounting & Information Systems

BIO
RESEARCH
TEACHING
SERVICE

Ella Mae Matsumura is a professor in the Department of Accounting and Information Systems at the Wisconsin School of Business. Her research addresses (1) managerial accounting and control, including cost management and performance measurement within and across organizations, and incentives linked to compensation, (2) sustainability reporting and accounting, and (3) audit quality. Specific issues addressed in the first two groups include relative performance evaluation, target setting, and the relationship between carbon emission levels and firm value. Professor Matsumura’s audit quality research addresses manager-auditor interaction in a fraud detection setting, the effect of second-partner review on an engagement partner’s information gathering and decision making, and the effect of forecast accuracy on going-concern decisions. She has published articles in The Accounting Review; Auditing: A Journal of Practice & Theory; Behavioral Research in Accounting; Contemporary Accounting Research; Journal of Accounting, Auditing & Finance; Journal of Accounting and Public Policy; Journal of Accounting Research; Journal of Business Economics and Statistics; Journal of Business Finance and Accounting; and Journal of Business Ethics. In August 2010, she received the Notable Contributions to Management Accounting Literature Award from the Management Accounting Section of the American Accounting Association. Professor Matsumura is also a co-author of Management Accounting: Information for Decision Making and Strategy Execution (6th edition).

Professor Matsumura has actively served the American Accounting Association (AAA) by chairing or serving on a variety of research, teaching, and award committees. She also served a three-year term as co-editor of Accounting Horizons, an AAA journal whose mission is to bridge practice and academe. She previously served two three-year terms as an associate editor of the journal. She has served on the editorial boards of The Accounting Review and Issues in Accounting Education, and current currently serves on the editorial board of Journal of Accounting Education. She has served often as an ad hoc reviewer for other journals and for conference research papers. Her service to the AAA includes terms as Secretary-Treasurer and President of the Management Accounting Section, as well as chair of the Section’s Publication’s Committee.

Professor Matsumura has received numerous awards, including the 2002 Erwin A. Gaumnitz Distinguished Faculty Award and the 1996-97 Mabel W. Chipman Teaching Award—both from the Wisconsin School of Business. She received a Ph.D. in accounting and an M.S. in management science from the University of British Columbia. She received her A.B. in mathematics from the University of California-Berkeley.

Selected Published Journal Articles

Bol, J., Keune, T., Matsumura, E., & Shin, J. (2010). Supervisor Discretion in Target Setting: An Empirical Investigation. The Accounting Review (85), 1861-1886.

Matsumura, E., Shin, J., & Wu, S. (2009). The Effect of Missing Quarterly Earnings Benchmarks on Chief Financial Officer Turnover and Annual Bonus. The Open Ethics Journal (3), 57-66.

Matsumura, E., & Shin, J. (2006). An Empirical Analysis of an Incentive Plan with Relative Performance Measures: Evidence from a Postal Service. The Accounting Review (81), 533-566.

Matsumura, E., & Shin, J. (2005). Corporate Governance Reform and CEO Compensation: Intended and Unintended Consequences. Journal of Business Ethics (62), 101-113.

Tucker, R., Matsumura, E., & Subramanyam, K. (2003). Going Concern Judgments: An Experimental Test of the Self-Fulfilling Prophecy and Forecast Accuracy. Journal of Accounting and Public Policy (22), 401-432.

Tucker, R., & Matsumura, E. (1998). Going Concern Judgments: An Economic Perspective. Behavioral Research in Accounting (10), 39.

Matsumura, E., Subramanyam, K., & Tucker, R. (1997). Strategic Auditor Behavior and Going-Concern Judgments. Journal of Business Finance and Accounting (24), 32.

Tucker, R., & Matsumura, E. (1997). Second Partner Review: An Experimental Economics Investigation. Auditing: A Journal of Practice & Theory (16), 20.

Hau, I., Matsumura, E., & Tucker, R. (1996). Building Empirical Models for Data From Factorial Designs with Time Series Responses: Toward Fraud Prevention and Detection. Quality Engineering (9), 14.

Matsumura, E. (1995). Second Partner Review: An Analytical Model. Journal of Accounting, Auditing and Finance (10), 28.

Matsumura, E. (1995). Cost of Quality in an Order Entry Department. Journal of Cost Management (9), 7.

Matsumura, E., & Tucker, R. (1992). Fraud Detection: A Theoretical Foundation. The Accounting Review (67), 753-782.

Submitted Working Papers

Chen, C., Matsumura, E., & Shin, J. The Joint Effect of Competition Intensity and Competition Type on the Use of Customer Satisfaction Measures in Incentive Contracts.

Matsumura, E., & Schloetzer , J. The Cost of Customer and Supplier Financial Strength Perspectives: Evidence from the Apparel Industry.

Undergraduate Courses

Introductory Managerial Accounting (AIS 211), Spring 2012.

Introductory Managerial Accounting (AIS 211), Fall 2011.

Graduate Courses

Managerial Accounting (AIS 710 Section 1), Fall 2011.

Managerial Accounting (Evening MBA)

Course DescriptionThis course is a full-semester equivalent taught in 8 weeks. The course is based on a major revision of the required textbook, with an expanded coverage of performance measures for customer relationships and performance measures related to innovation. The objective of this course is to provide an understanding of how managerial accounting principles and tools can contribute to successful implementation of an organization’s strategy. The course begins with an overview of strategic performance measurement in conjunction with the Balanced Scorecard as an example of a framework that integrates critical performance measurement perspectives—financial, customer, internal processes, and learning and growth—to achieve an organization’s strategic goals. Performance measurement in such a framework includes not only accounting information, but also critical nonfinancial metrics. We will examine specific components of the Balanced Scorecard by addressing such issues as the interface between financial and nonfinancial information for decision making, planning, continuous improvement, and performance evaluation. Traditional methods of costing products and services will be contrasted with a contemporary approach called activity-based costing. We will discuss examples of how activity-based costing provides insight and information for process improvement, product mix decisions, and profitability analysis for orders, channels, and customers. The course also covers quantitative and behavioral aspects of budgeting as a planning and feedback tool. Finally, we will discuss how sustainability issues can be incorporated into a Balanced Scorecard and how firms manage and report on their environmental and broader sustainability performance. The course concludes with a discussion of responsibility center performance evaluation and a case study on a major company’s use of multiple performance measures and subjective evaluation to reward performance. We will draw on elements from some of your previous courses. However, our emphasis is on a coherent set of financial and nonfinancial performance measures for planning, decision making, and performance evaluation in support of an organization’s strategy. For example, we will discuss how accurate product and customer costs and profitability analysis can help a company choose a strategy or improve its implementation.

(ACC 710 Section 30), Summer 2011.

Research & Readings-Accounting (PhD) (ACCT 999), Spring 2011.

Professional Organizations

American Accounting Association (AAA) Management Accounting Section

American Accounting Association (AAA)

Presentations

2012 Annual Meeting of the Financial Management Association International
Executive Compensation and Securitization: the Missing Link

American Accounting Association Annual Meeting
The Joint Effect of Competition Intensity and Competition Type on the Use of Customer Satisfaction Measures in Executive Annual Bonus Contracts

Global Management Accounting Research Symposium
The Joint Effect of Competition Intensity and Competition Type on the Use of Customer Satisfaction Measures in Executive Annual Bonus Contracts

Production and Operations Management Society Annual Meeting
Voluntary Disclosures and the Firm-Value Effects of Carbon Emissions

Research Workshop
Voluntary Disclosures and the Firm-Value Effects of Carbon Emissions

Management Accounting Section Research Conference
The Joint Effect of Competition Intensity and Competition Type on the Use of Customer Satisfaction Measures in Executive Annual Bonus Contracts

Research Workshop
Voluntary Disclosures and the Firm-Value Effects of Carbon Emissions

Research Workshop
Voluntary Disclosures and the Firm-Value Effects of Carbon Emissions

Research Workshop
Voluntary Disclosures and the Firm-Value Effects of Carbon Emissions

Research Workshop
Voluntary Disclosures and the Firm-Value Effects of Carbon Emissions

American Accounting Association Annual Meeting
Voluntary Disclosure of Carbon Emissions, Carbon Emissions Levels, and Relation to Firm Value

Research Workshop
The Joint Effect of Competition Intensity and Competition Type on the Use of Customer Satisfaction Measures in Executive Annual Bonus Contracts

Research Workshop
Voluntary Disclosures and the Firm-Value Effects of Carbon Emissions

Research Workshop
Voluntary Disclosures and the Firm-Value Effects of Carbon Emissions

Financial Reporting Section Research Conference
Voluntary Disclosure of Carbon Emissions, Carbon Emissions Levels, and Relation to Firm Value

Management Accounting Section Research Conference
Voluntary Disclosure of Carbon Emissions, Carbon Emissions Levels, and Relation to Firm Value

JAAF/KPMG Conference
Carbon Emissions and Firm Value

Rays of Research
Carbon Emissions and Firm Value

Research Workshop
The Cost of Customer and Supplier Financial Strength Perspectives: Evidence from the Apparel Industry

Global Accounting and Organizational Change Conference
Carbon Emissions and Firm Value

Global Management Accounting Research Symposium
The Cost of Customer and Supplier Financial Strength Perspectives: Evidence from the Apparel Industry

Accounting Brownbag
Voluntary Carbon Emissions Disclosures and Firm Value

Accounting for Climate Change and the CFO Roundtable
Academic Accounting Research Related to Carbon Emissions (Global Climate Change)

American Accounting Assocation Auditing Section Midyear Conference
Audit-Client Bid-Seeking Behavior: Modeling Private Negotiation versus Auctions

Editorial Boards

Accounting Horizons - Since June 2012
Editorial Board Member

Journal of Management Accounting Research - January 2011 - December 2011
Ad Hoc Reviewer

The Accounting Review - January 2011 - December 2011
Ad Hoc Reviewer

Journal of Accounting Education - January 2010 - December 2010
Editorial Board Member