Rick Warne

Rick Warne

Assoc Professor

Professional Summary

Rick Warne in an Associate Professor in the Accounting Department. He graduated with his PhD degree from the University of Utah. Rick also received a MAcc and BS degree in accounting from Brigham Young University where he graduated cum laude. Prior to entering academia, Rick worked for the Office of the Utah State Auditor where he helped uncover the largest fraud of public funds in Utah’s history at the time. His research interests include judgment and decision making of auditors and investors, contemporary auditing issues, accounting litigation, ethics, and fraud theory. Rick has presented his research at a variety of academic conferences and published his work in Contemporary Accounting Research, Review of Accounting Studies, Auditing: A Journal of Practice and Theory, Behavioral Research in Accounting, Journal of Business Cases, Advances in Accounting Behavioral Research, Journal of Applied Accounting Research, Journal of Corporate Accounting and Finance, and Current Issues in Accounting. Rick’s research appeals to practicing professionals as well. He has published an article in Fraud Magazine and participated in a radio interview discussing his research for a National Public Radio program entitled With Good Reason. Rick is also interested in proposed audit standard changes. He and his coauthors have submitted comment letters to the PCAOB and IAASB regarding such changes. Rick is a Certified Public Accountant in the Commonwealth of Virginia and an NCAA football referee.

Education

Ph D: University of Utah Salt Lake City, UT, 2008

BS: Brigham Young University Provo, UT, 2002 (Accounting)

MAcc : Brigham Young University Provo, UT, 2002 (Accounting)

Research Support

Grant: #Academic Fellowship Investigators:Warne, Rick 08-01-2021 -07-31-2022 U.S. Securities and Exchange Commission Warner SEC Academic Fellowship Role:PI 0.00 Hold Level:Federal

Publications

Published Abstracts

Warne, Rick;Jonathan Grenier;Andrew Reffett;Chad Simon Conducting Research on Juror Judgment and Decision Making in Cases of Alleged Auditor Negligence: Methodological Considerations .[Abstract]

Boyle, Erik;Mintchik, Natalia;Warne, Rick Forgiveness or Betrayal? An Investigation Into Investors’ Reactions of CSR Firms Following an Announcement of an Accounting Misstatement .[Abstract]

Warne, Rick;Jonathan Grenier;Andrew Reffett The Effects of Offshoring Tax Services on Assessments of Tax Preparer Liability .[Abstract]

Warne, Rick;Robert Cornell The Professional Skepticism Expectations Gap: Recharacterizing Skepticism as a Subclinical Personality Trait .[Abstract]

Other Publications

Grenier, Jonathan H.; Reffett, Andrew; Simon, Chad; Warne, Rick (2018. ) Conducting Research on Juror Judgment and Decision Making in Cases of Alleged Auditor Negligence: Methodological Considerations. .30 (1 ) , Behavioral Research in Accounting

Cornell, Robert M; Magro, Anne M; Warne, Rick (09-2017. ) An Experimental Investigation of Shareholder Propensity to Litigate under Precise and Imprecise Accounting Standards .18 (3 ) , Journal of Applied Accounting Research

Warne, Rick (06-2017. ) Ending Eternal Liabilities: Updates to Gift Card and Loyalty Programs in Accounting .28 (5 ) , Journal of Corporate Accounting and Finance

Cornell, Robert M; Warne, Rick (2016. ) Accounting guidance flexibility, auditors’ ethical characteristics, and blame .19 , Advances in Accounting Behavioral Research

Brazel, Joseph F; Jones, Keith L; Thayer, Jane; Warne, Rick (12-2015. ) Understanding investor perceptions of financial statement fraud and their use of red flags: evidence from the field .20 (4 ) , Review of Accounting Studies

Grenier, Jonthan H; Lowe, D. Jordan; Reffett, Andrew; Warne, Rick (11-2015. ) The Effects of Independent Expert Recommendations on Juror Judgments of Auditor Negligence .34 (4 ) , Auditing: A Journal of Practice and Theory

Mock, Ted; Bedard, Jean; Coram, Paul; Espahbodi, Reza; Warne, Rick (12-2013. ) Comment letter to respond to the PCAOB invitation to comment on its Exposure Draft Concerning the Auditor"s Report on an Audit of Financial Statements .

Mock, Ted; Bedard, Jean; Coram, Paul; Davis, Shawn; Espahbodi, Reza; Warne, Rick (2013. ) The Audit Reporting Model: Current Research Synthesis and Implications .32 , Auditing: A Journal of Practice and Theory

Mock, Ted; Bedard, Jean; Coram, Paul; Espahbodi, Reza; Warne, Rick (11-20-2013. ) Comment letter to respond to the IAASB invitation to comment on its Exposure Draft, Reporting on Audited Financial Statements: Proposed New and Revised International Standards on Auditing (ISAs) .

Cornell, Robert M; Eining, Martha M; Warne, Rick (08-2012. ) Practitioner Summary of Can Auditors Reduce Negligence Verdicts? An Examination of Remedial Tactics .6 (2 ) , Current Issues in Auditing

Cornell, Robert M; Warne, Rick (2011. ) Andrew Ford, D.D.S.: A Sole-practitioner Professional Practice Case .7 (2 ) , Journal of Business Case Studies

Cornell, Robert M; Warne, Rick; Eining, Martha M (2009. ) The Use of Remedial Tactics in Negligence Litigation .26 (3 ) , Contemporary Accounting Research

Additional Publications

Honors and Awards

05-2017 Lindner College of Business Dean’s List for Teaching Excellence Level:College Type:Teaching

01-2017 Lindner College of Business Dean’s List for Teaching Excellence Level:College Type:Teaching

05-2016 Lindner College of Business Dean’s List for Teaching Excellence Level:College Type:Teaching

12-2015 Lindner College of Business Dean’s List for Teaching Excellence Level:College Type:Teaching

05-2015 Lindner College of Business Dean’s List for Teaching Excellence Level:College Type:Teaching

04-25-2013 Undergraduate Teaching Award I received the annual Beta Alpha Psi teaching award in 2013 Level:Department Type:Teaching

Service

Voluntary Income Tax Assitance (VITA) (I volunteered to prepare state and federal income tax returns for low-income individuals in the Kennedy Heights area. ) Vounteer Type:Community Service Level:Public 01-2017 -03-2017

Accounting Department PhD Committee (Discuss policies related to the Ph.D. degree in the Accounting Department. Because the program is on hiatus, the annual work is minimal. ) Committee Member Type:Departmental Service Level:Department 09-15-2014

Accounting AOL Committee (Helped develop AOL standards; provided measurement statistics ) Committee Member Type:Departmental Service Level:Department 08-15-2014

Misc. Department Activities (Attended department meetings; LCB faculty meetings; Attended lunch with accounting firms; Attended Meet the Firms night; Attended Beta Alpha Psi banquet (December); Attended research workshops ) Type:Departmental Service Level:Department 08-2014

Tenure-Track Faculty Search Committee (Screen candidates for Miami Rookie Conference; Attended Miami Rookie Conference; Met with candidates on campus ) Committee Member Type:Departmental Service Level:Department 10-01-2015 -02-24-2016

Tenure-Track Faculty Search Committee Committee Member Type:Departmental Service Level:Department 08-15-2014 -03-31-2015

Business Law Faculty Recruiting Committee Committee Member Type:Departmental Service Level:Department 09-01-2014 -12-15-2014

Lindner Student Association (LSA) Faculty Advisor (Attend student meetings; approve grants; serve as a liaison between the student group and other LCB members; meet with student leaders to provide direction; attend off-campus events as needed ) Faculty Advisor Type:University/College Service Level:University 04-01-2015 -08-15-2018

Lindner College of Business PhD Committee (Attend PhD Committee meetings; engage in activities as directed by the chair; attend PhD open house ) Committee Member Type:University/College Service Level:University 01-12-2015 -08-15-2018

Lindner Honors Plus (LHP) Faculty Volunteer (Attend 14-day international trip with the students (unpaid, no credit given to me); attend several pre-trip meetings and class sessions ) Faculty Mentor Type:University/College Service Level:University 01-12-2017 -03-31-2017

Lindner Honors Plus (LHP) Faculty Volunteer (Attend 14-day international trip with the students (unpaid, no credit given to me); attend several pre-trip meetings and class sessions ) Faculty Mentor Type:University/College Service Level:University 01-12-2016 -04-01-2016

Lindner Honors Plus (LHP) Faculty Volunteer (Attend 14-day international trip with the students (unpaid, no credit given to me); attend several pre-trip meetings and class sessions ) Faculty Mentor Type:University/College Service Level:University 01-12-2015 -04-01-2015

American Institute of Certified Public Accountants Review CPA Exam items Type:Prof. Org. Level:Service to Professional Associations 12-01-2014

American Institute of Certified Public Accountants Write CPA exam questions Type:Prof. Org. Level:Service to Professional Associations 08-20-2013

International Journal of Accounting, Auditing and Performance Evaluation Reviewer, Journal Article Type:Prof. Org. Level:Service to Professional Associations 09-2017 -06-2018

Auditing: A Journal of Practice and Theory Reviewer, Journal Article Type:Prof. Org. Level:Service to Professional Associations 05-2018 -05-2018

Auditing: A Journal of Practice and Theory Reviewer, Journal Article Type:Prof. Org. Level:Service to Professional Associations 04-2018 -04-2018

Journal of Accounting, Auditing, and Finance Reviewer, Journal Article Type:Prof. Org. Level:Service to Professional Associations 04-2018 -04-2018

American Accounting Association Reviewer, Conference Paper Type:Prof. Org. Level:Service to Professional Associations 01-2018 -01-2018

2017 AAA Annual Meeting Reviewer, Conference Paper Type:Prof. Org. Level:Service to Professional Associations 2017 -2017

2017 AAA ABO Conference Reviewer, Conference Paper Type:Prof. Org. Level:Service to Professional Associations -08-01-2017

2016 AAA Annual Meeting Reviewer, Conference Paper Type:Prof. Org. Level:Service to Professional Associations 2016 -2016

ABO Midyear Meeting Reviewer, Conference Paper Type:Prof. Org. Level:Service to Professional Associations 2016 -2016

Behavioral Research in Accounting Reviewer, Journal Article Type:Prof. Org. Level:Service to Professional Associations 2016 -2016

International Journal of Accounting, Auditing, and Performance Evaluation Reviewer, Journal Article Type:Prof. Org. Level:Service to Professional Associations 06-01-2015 -05-01-2016

2015 Ohio Regional Meeting Reviewer, Conference Paper Type:Prof. Org. Level:Service to Professional Associations 03-01-2015 -03-08-2015

2014 AAA Annual Meeting Reviewer, Conference Paper Type:Prof. Org. Level:Service to Professional Associations 02-01-2014 -02-01-2014

2013 AAA ABO Midyear Meeting Reviewer, Ad Hoc Reviewer Type:Prof. Org. Level:Service to Professional Associations 03-01-2013 -03-01-2013

2013 AAA Annual Meeting Reviewer, Ad Hoc Reviewer Type:Prof. Org. Level:Service to Professional Associations 02-01-2013 -02-15-2013

Journal of Accounting and Public Policy Reviewer, Ad Hoc Reviewer Type:Prof. Org. Level:Service to Professional Associations 09-01-2011 -04-15-2012

Current Issues in Auditing Reviewer, Ad Hoc Reviewer Type:Prof. Org. Level:Service to Professional Associations 08-01-2011 -10-15-2011

2012 AAA Auditing Midyear Meeting Reviewer, Ad Hoc Reviewer Type:Prof. Org. Level:Service to Professional Associations 08-15-2011 -09-01-2011

2011 AAA ABO Midyear Meeting Reviewer, Ad Hoc Reviewer Type:Prof. Org. Level:Service to Professional Associations 03-01-2011 -03-15-2011

2011 AAA Annual Meeting Reviewer, Ad Hoc Reviewer Type:Prof. Org. Level:Service to Professional Associations 02-01-2011 -02-15-2011

2011 AAA Auditing Midyear Meeting Reviewer, Ad Hoc Reviewer Type:Prof. Org. Level:Service to Professional Associations 09-01-2010 -09-15-2010

Contemporary Accounting Research Reviewer, Ad Hoc Reviewer Type:Prof. Org. Level:Service to Professional Associations 02-02-2010 -05-15-2010

2010 AAA Auunal Meeting Reviewer, Ad Hoc Reviewer Type:Prof. Org. Level:Service to Professional Associations 02-01-2010 -02-12-2010

Virginia Society of CPAs Interaction with Industry Type:Prof. Org. Level:Service to Professional Associations 11-2009 -11-2009

Advances in Accounting Behavrioal Research Reviewer, Ad Hoc Reviewer Type:Prof. Org. Level:Service to Professional Associations 02-02-2009 -05-02-2009

2009 AAA Auditing Midyear Meeting Reviewer, Ad Hoc Reviewer Type:Prof. Org. Level:Service to Professional Associations 09-2008 -09-2008

2006 AAA Auditing Midyear Meeting Reviewer, Ad Hoc Reviewer Type:Prof. Org. Level:Service to Professional Associations 09-2005 -09-2005

2004 AAA Western Regional Meeting Reviewer, Ad Hoc Reviewer Type:Prof. Org. Level:Service to Professional Associations 01-2004 -01-2004

Courses Taught

FIN ACCT

FIN ACCT

FIN ACCT

FIN ACCT

FINACCT

FINACCT

FINACCT

ADV AUDITING

FIN ACCT

ADV AUDITING

Advanced Auditing

Financial Accounting

Advanced Auditing

Advanced Auditing

ADV AUDITING

FRAUD EXAMINATION

Faculty Development Activities

08-05-2018 -08-08-2018 2018 American Accounting Association Annual Meeting American Accounting Association Washington, D.C., USA Type:Conference Attendance

08-02-2018 -08-03-2018 2018 PwC Tax and Accounting Conference PricewaterhouseCoopers Washington, DC Type:Continuing Education Program

06-07-2018 -06-09-2018 2018 International Symposium of Auditing Research Conference International Symposium of Auditing Research Masstricht, Netherlands Type:Conference Attendance

06-05-2018 -06-06-2018 2018 Foundations for Auditing Research Conference Foundations for Auditing Research Breuklen, Netherlands Type:Conference Attendance

04-12-2018 -04-13-2018 2018 PCAOB Academic Conference PCAOB Washington, D.C., USA Type:Conference Attendance

01-11-2018 -01-13-2018 AAA Auditing Section Mid-year Meeting American Accounting Association Portland, OR, USA Type:Conference Attendance

Other Information


Research in progress

Title:Conducting Research on Juror Judgment and Decision Making in Cases of Alleged Auditor Negligence: Methodological Considerations


Status:Writing Results

Research Type:Scholarly

Title:Forgiveness or Betrayal? An Investigation Into Investorsí Reactions of CSR Firms Following an Announcement of an Accounting Misstatement

Description:We investigate investor reactions to misstatements for firms that voluntarily provide corporate social responsibility reports (CSR). We rely upon Stereotype Content Theory and Betrayal Aversion Theory to predict that investor reactions to misstatements will differ based on the level of CSR performance (Average, High) and misstatement type (Unintentional, Intentional). We expect that high CSR firms are more likely to be forgiven for unintentional misstatements but are more likely to generate feelings of betrayal in investors for intentional misstatements. These feelings of betrayal are expected to decrease the likelihood of forgiveness for intentional misstatements. We conduct an experiment with non-professional investors recruited through Amazon's Mturk to test our hypotheses. Participants are asked to evaluate their desired investment relationship with a CSR reporting firm (either average or high) that reports a misstatement (either intentional or unintentional).

Status:On-Going

Research Type:Scholarly

Title:Revisiting the Role of Professional Skepticism during an Audit


Status:Planning

Research Type:Scholarly

Title:The Effects of Offshoring Tax Services on Assessments of Tax Preparer Liability


Status:Writing Results

Research Type:Scholarly

Presentations

Title:Forgiveness or Betrayal? An Investigation Into Investorsí Reactions of CSR Firms Following an Announcement of an Accounting Misstatement
Organization:Brigham Young University
Location:Provo, UT
Year:2016,

?Accepted Contributions

Jonathan Grenier, Andrew Reffett, Chad Simon, Rick Warne,  (Accepted). Conducting Research on Juror Judgment and Decision Making in Cases of Alleged Auditor Negligence: Methodological Considerations. . Behavioral Research in Accounting.

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Contact Information

305 Carl H. Lindner Hall
Phone: 513-556-6320
Fax: 513-556-6278
warneri@ucmail.uc.edu