- Area Chair
- Mgt - Accounting
- Office: M4075
- Phone: (403) 329-2351
- Phone: (403) 329-2351
DegreesB.Sc. (Health Information Science); Ph.D. (Accounting)
ExpertiseFinancial disclosure, e-business and accounting
Research AreasManagerial choice in financial disclosure, effects of regulation on disclosure, effects of disclosure regulation on managerial behavior, managerial judgment and decision making, taxation and e-commerce
Previous Research AreasBusiness and business process modeling, competency-based education, group response systems
About MeI teach accounting theory and intermediate accounting. My research interests are in financial disclosure, earnings management, and issues related to e-business and accounting. I have previously taught accounting information systems and introduction to business technology for accounting majors, as well as e-commerce and entrepreneurial applications of information technology..
American Accounting Association, Journal of Information Systems (Information Systems Section Journal) - 2009 Reward for Best Reviewer
Chartered Accountants' Education Foundation (CAEF) 2009 Teaching Prize (from the CAEF website, "… designed to reward professors from the University of Alberta, Calgary, Lethbridge and Saskatchewan who have contributed significantly to the teaching and learning development of accounting students through such initiatives as innovative instruction, curriculum development and overall service to the students.")
BiographyBSc, University of Victoria
PhD, University of Alberta
Certified Management Accountant (CMA)
Selected PublicationsCarnaghan, C., and A. Webb. 2007. Investigating the Effects of Group Response Systems on Learning Outcomes and Student Satisfaction in Accounting Education. Issues in Accounting Education 22(3): 391-409
Carnaghan, C., and S. Gunz. 2006. Recent Changes in the Regulation of Financial Markets and Reporting in Canada. Accounting Perspectives 6(1): 55-94.
Carnaghan, C. 2006. Business Process Modeling Approaches in the Context of Process Level Audit Risk Assessment: An Analysis and Comparison. International Journal of Accounting Information Systems 7: 170-204.
Carnaghan, C., P. Downer, K. Klassen, and J. Pittman. 2004. E-Commerce and Tax Planning: Canadian Experiences. Canadian Accounting Perspectives 3(2): 261-287.
Carnaghan, C. 2004. Discussion of IT assurance competencies. International Journal of Accounting Information Systems 5 (Supplement): 267-273
J.E. Boritz and C. Carnaghan. 2003. Competency-based Education and Assessment for the Accounting Profession: A Critical Review. Canadian Accounting Perspectives 2(1): 7-42.
Carnaghan, C. 2001. "Comments on "Holistic, Continuous Assurance integration: E-Business Opportunities and Challenges" Journal of Information Systems 16 (Supplement): 25-28.
Carnaghan, C. 1999. "Comments on 'An Analysis of the Group Dynamics Surrounding Internal Control Assessment in Information Systems Audit and Assurance Domains'" Journal of Information Systems 14 (Supplement): 117-122.
Carnaghan, C., Gibbins, M, and S. Ikaheimo. 1997. Accountability and Financial Disclosure Management. In Accountability: Ethos and Power ed. J. Mouritsen and R. Munro: 164-181.
Carnaghan, C., Flower-Gypesi, J. and M. Gibbins.1994. A Profile of Contemporary Accounting Research: Fall 1984-Spring 1994. Contemporary Accounting Research 11 (Summer): 251-270.
Research InterestsFactors influencing financial disclosure decisions by managers;
Antecedents of e-business adoption and e-business's impact on tax planning;
The effect on financial disclosure on capital markets
Work in progress
"The Effects of Fair Disclosure on Management Earnings Forecasts" (with R. Sivakumar): looks at the effects of Reg FD on the content of management forecasts, and the relationship between content and capital market responses to the forecasts;
"The Evolution of E-business in Canada" (with K. Klassen): Uses Statistics Canada firm level data (via their "Facilitated Access" procedure) from e-commerce surveys of Canadian companies to examine the evolution of e-business and the factors influencing e-business adoption and evolution.
"E-commerce and International Tax Planning", (with K. Klassen): examines the impact of e-commerce on income shifting by U.S. companies to other tax jurisdictions to reduce taxes paid.
Current Research and Creative Activity
|Title||Location||Grant Information||Principal Investigator||Co Researchers|
|The Evolution of E-business in Canada||
Social Sciences and Humanities Research Council (SSHRC), $123,836, 2005-09.
||K. Klassen, University of Georgia||K. Klassen, University of Georgia; C. Carnaghan, University of Lethbridge|
|Title||Grant Agency||Completion Date|
|The Effects of Fair Disclosure on Management Earnings Forecasts||University of Waterloo||2000|
|Dynamic Decision Making and the Balanced Scorecard||Canadian Academic Accounting Association||2006|
|Business Modeling for Audit Risk Assessment||KPMG/UIUC Business Measurement Research Program||2005|
|E-commerce and International Tax Planning||Social Sciences and Humanities Research Council (SSHRC)||2005|
|Business Process Modeling Approaches in the Context of Process Level Audit Risk Assessment: An Analysis and Comparison||Canadian Academic Accounting Association||2006|
|Recent changes in the Regulation of Financial Markets and Reporting in Canada||NA||2006|
|Investigating the Effects of Group Response Systems on Learning Outcomes and Student Satisfaction in Accounting Education||University of Waterloo Faculty of Arts, Cowperthwaite Centre for Accounting Education, University of Waterloo Learning and Technology Group||2007|
|E-Commerce and Tax Planning: Canadian Experience||Social Sciences and Humanities Research Council (SSHRC)||2005|