Susan Machuga, Ph.D. CPA

AC 321
Financial Reporting Theory II

AC 715
Financial Reporting and Analysis

MBA 612
Accounting Cconcepts

Associate Professor of Accounting
Phone: 860.768.4184 Room 406E
machuga@hartford.edu  

Susan Machuga received her BS in accounting from Rider University in 1986. She became a CPA in 1989. Her work experience includes Ernst and Young, along with a local CPA firm and Aetna in Hartford CT.

She is an alumnus of University of Hartford receiving her MBA in 1991.

She earned her Ph.D. from UMASS in 1996 and has taught accounting at both the undergraduate and graduate level at University of MASS - Boston and CCSU.

Her research interest focuses on investigating how earnings are manipulated by management in both the US and internationally.

Education

University of Massachusetts, Amherst, MA, Ph.D., 1996. Major field, accounting; Minor field, econometrics. University of Hartford, West Hartford, CT, MBA Taxation, 1991. Rider University, Lawrenceville, NJ, BS Accounting, 1986.

Research Interests

Research interest includes earnings manipulation in both the U.S. and internationally. Current working papers: "Changes in the Quality of Earnings and its Components Around the Implementation of the Mexican Corporate Governance Code,"with Karen Teitel.

Selected Scholarship Books and Articles

"The Impact of Generating Initial Hypothesis Sets of Different Sizes on the Quality of the Initial Set, and the Resulting time Efficiency and Final Judgment Accuracy,"with Sudip Bhattacharjee. International Journal of Auditing 8:49-65, 2004.

"Earnings Management Surrounding Top Executive Turnover in Japanese Firms,"with Miranda Detzler. Review of Pacific Basin Financial Markets and Policies, December 2002.

"Economic Value AddedTM, Future Accounting Earnings and Financial Analysts' Forecasts," with Ray Pfeiffer and Kiran Verma. Review of Quantitative Finance and Accounting, 2002.

"Use of Fuller's Technique to Reduce Measurement Error in the Returns/Earnings Relation." Review of Quantitative Finance and Accounting, May 2000.

"Measurement Error and Simultaneity in the Returns-Earnings Relation." with Ray Pfeiffer and Bernard Morzuch. Advances in Quantitative Analysis of Finance and Accounting, July 2000.

Professional Activities

Member of the American Accounting Association. Member of Connecticut Society of Certified Public Accountants. Member of American Institute of Certified Public Accountants. Certified Public Accountant in Connecticut.