University of Lethbridge

About Me

My research interests are in financial disclosure, earnings management, technology and accounting, information presentation effects on decision making, and technology in accounting education.

I currently teach accounting information systems and data analytics. I have previously taught intermediate financial accounting, financial accounting theory, and introduction to business technology for accounting majors, as well as e-commerce and entrepreneurial applications of information technology..

Awards:
Chartered Professional Accountants' Education Foundation (CPAEF) 2009, 2015 and 2018 Teaching Prize

Teaching Effectiveness Committee Teaching Excellence Award (Faculty of Management) - 2014/15

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.")

Biography

Ph.D. (Accounting), University of Alberta (1999)
B.Sc. (Health Information Science, First Class Honours), University of Victoria (1988)
Assistant Professor, University of Waterloo 1998- 2006
Assistant Professor, University of Lethbridge 2006
Associate Professor, University of Lethbridge 2016

Chartered Professional Accountant (CPA), Certified Management Accountant (CMA) (2005)

Selected Publications

Boritz, J.E., and C. Carnaghan. 2016. Competence-based Education and Assessment in the Accounting Profession in Canada and the United States. In Competence-Based Vocational and Professional Education: Bridging the World of Work and Education ed M. Mulder and J. Winterton (Springer): in press.

Boritz, J.E., C. Carnaghan; and P.S. Alencar. 2014. Business Modelling to Improve Auditor Risk Assessment: An Investigation of Alternative Representations. Journal of Information Systems 28(2): 231-256.

Klassen, K.J., S.K. Laplante, and C. Carnaghan. 2014. A Model of Multinational Income Shifting and an Application to Tax Planning with E-Commerce. Journal of the American Taxation Association 36(2): 27-54.

Carnaghan, C., T.P. Edmonds, T.A. Lechner, and P.R. Olds. 2011. Using Student Response Systems in the Accounting Classroom: Strengths, Strategies, and Limitations. Journal of Accounting Education 29(4): 265-283.

Carnaghan, 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 Interests

Factors 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;
Information Representations, particularly diagrammatic representation of business models and processes, and effects on decision making;
Earnings management;
Technology and accounting education

Work in progress
"The Effects of Analysts' Capabilities and Incentives on Accruals Based and Real Activities Based Earnings Management" (with K. Pinto).

"The Effects of Fair Disclosure on Management Earnings Forecasts" (with R. Sivakumar)

"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.

"Quality Assessment of an Assisted Living Care Model Relative to a Traditional Long-term Care Model" (with K. Hunter, H. Kelley)

Current Research and Creative Activity

Title	Location	Grant Information	Principal Investigator	Co Researchers
Quality Assessment of an Assisted Living Care Model Relative to a Traditional Long-term Care Model		Faculty of Management.	H. Kelley, University of Lethbridge	C. Carnaghan, University of Lethbridge, K. Hunter, University of Alberta
The Effect of Analysts' Capabilities and Incentives on Accruals Based and Real Activities Based Earnings Management		Chartered Professional Accountants Education Foundation (CPAEF).	K. Pinto, University of Waterloo	C. Carnaghan, University of Lethbridge
The Effects of Regulation Fair Disclosure on Management Earnings Forecasts Grant Information			C. Carnaghan	R. Jha, University of Waterloo

Previous Research

Title	Grant Agency	Completion Date
Business Modeling for Audit Risk Assessment	KPMG/UIUC Business Measurement Research Program	2014
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
The Evolution of E-business in Canada	Social Sciences and Humanities Research Council (SSHRC)	2014