Thomas Carnes

Before Tommy Carnes became a professor, he spent 13 years as a newspaper reporter and editor in Virginia and Florida, where he won numerous awards for spot news writing, sports column writing, general writing excellence, and as the executive sports editor of one of the top 10 mid-sized sports sections in the United States. He also thinks he is the only person in the CSOB to have been struck by lightning (literally).

Education

• Ph.D., Accounting, Florida State University
• M.Acc., Taxation, Florida State University
• B.A., International Relations, Hampden-Sydney College
• Certified Public Accountant, Florida

Teaching Interests

• Financial Accounting
• Managerial Accounting

Research Interests

• Earnings Forecasting
• Accounting Information as a Regulatory Mechanism

Selected Publications

• "Investor Education: How Plan Sponsors Should Report Your Returns," with Ken Johnston and John Hatem. Managerial Finance, (Vol. 36, 354- 363).
• "Does the Net Flow of Funds Help To Predict the S&P 500 Index?" with Michael Mosebach and Mohammad Najand, Advances in Financial Planning and Forecasting, 2008 (Vol. 3, 191-208).
• "International accounting diversity and the long-term success of cross-border mergers and acquisitions," with Ervin L. Black, Thomas Jandik and Charlene Henderson, Journal of Business, Finance and Accounting, 2007, (Vol. 34, Nos. 1-2, 139-168).
• "Analysts' Forecasts in Asian Markets: The Relationship Between Accounting Systems and Accuracy," with Ervin L. Black, Journal of International Financial Management and Accounting, 2006 (Vol. 17, No. 3, 208-227).
• "Unexpected Changes in Quarterly Financial-Statement Line Items and Their Relationship to Stock Prices," Academy of Accounting and Financial Studies Journal, 2006 (Vol. 10, No. 3, 99-116).
• "The Structure of Bank Debt Contracts," with Ervin L. Black, Michael Mosebach and Susan E. Moyer, Journal of Accounting and Economics, September 2004 (Vol. 37, No. 3, 367-391).
• "The Time-Series Properties of Financial-Statement Line Items," Advances in Quantitative Analysis of Finance and Accounting, 2004 (Vol. 1, 61 -84).
• "Does Adoption Of JIT Lead to More accurate Forecasts of Earnings?" with Timothy B. Biggart, Katherine J. Marker and Jefferson P. Jones, International Journal of Forecasting, October-December 2003 (Vol. 19, No. 4, 743-750).
• "The Effects of JIT Adoption on Earnings Quality," with Jefferson P. Jones and Timothy B. Biggart, Journal of Accounting and Finance Research, Summer 2003 (Vol. 11, No. 3, 9-19).
• "The Information Content of Cash Flows from Operations in the Thai Capital Market," with Kay Narktabetee and Ervin L. Black, Asia-Pacific Journal of Accounting and Economics, June 2002 (Vol. 9, No. 1, 1-16).
• "Are Recurring Nonrecurring Items Value-Relevant?" with Ervin L. Black Vernon Richardson, Review of Quantitative Finance and Accounting, December 2000, (Vol. 15, No. 4, 391-411).
• "The Value-Relevance of Firm Reputation," with Ervin L. Black and Vernon Richardson, Corporate Reputation Review, Spring 2000 (Vol. 3, No. 1, 31-42).
• "Sources of Nonfinancial Accounting Information," with Timothy B. Biggart and Katherine J. Barker, Accounting Enquiries, Fall/Winter 1999-2000 (Vol. 9, No. 1, 101-128).

Professional Associations

• American Accounting Association