Carol  Graham

Carol Graham

Department Chair / Associate Professor

Associate Professor Carol Graham is highly regarded for her research on financial reporting. She examines the value-relevance of financial and non-financial information and the determinants of earnings quality. She is also keenly interested in pedagogical research and in issues related to social justice. Dr. Graham's introductory accounting courses give her students professional-level knowledge of accounts payable and receivable, inventory, liabilities, debt, and owners' equity, in addition to showing them how to develop effective accounting systems, and procedures and methods of analysis. Her intermediate classes investigate somewhat more complex accounting, touching on the theories and principles underlying accounting for stockholders' equity, income taxes, pensions and leases, analysis of earnings per share, and statement of cash flows.

The ultimate aim of teaching accounting, Dr. Graham feels, is to prepare students for careers where they'll be expected to make informed, conscientious management and investment-related decisions. Professor Graham sees it as her responsibility to impart not only a practical working knowledge of accounting, but also help students understand what it means to be entirely transparent and ethical in one's work.


Ph.D., Accounting & Finance, University of Strathclyde, Scotland, U.K., 1995
Visiting Ph.D. student, Department of Accounting, New York University, NY, 1992 – 1994
B.A., Business Administration, University of Strathclyde, Scotland, U.K., 1989

Courses Offered
  • The following courses represent the last 3 years of teaching and do not represent the current course offerings.

The following list is a selection of recent publications and does not represent the entire body of research.

"One Size Does Not Fit All - Different Strategies for Teaching Accounting Ethics," Research on Professional Responsibility and Ethics in Accounting, Vol. 17, 2013 (with Patrick Kelly, Dawn W. Massey and Joan Van Hise )

"The Effects of Task Interdependency on Cooperative and Competitive Group Processes: An Example of Scheduling Audit Engagements" Human Resource Management Research, Vol.2, No.5, 2012 (with Todd L. Sayre)

"Analyzing Financial Analysts: What They Look for in Financial Reports and How They Determine Earnings' Quality," The Journal of Management Research, Vol. 2, Number 2, 2002 (with Mark Cannice and Todd Sayre)

"The Value-Relevance of Financial & Non-Financial Information for Internet Companies," The Thunderbird International Business Review, Vol. 44(1), 2002 (with Mark Cannice and Todd Sayre)

"The Effect of Journal Quality on Accounting Faculty Remuneration: Does University Research Emphasis Matter?" Journal of Business and Behavioral Sciences, Vol. 8, Number 1, 2001 (with Todd L. Sayre and James R. Hasselback)

Honors and Awards

Outstanding Teaching Award, USF School of Management, 2007 and 2008

Outstanding Service Award, USF School of Management, 2001 and 2006

Outstanding Research Award, USF School of Management, 2003

Outstanding Teaching Award, USF School of Management, MBA program, 2002

Outstanding Teaching Award, USF School of Management, Undergraduate program, 2000


Educational Consultant, Farallon Capital Management, San Francisco, CA, 2000 - present

Financial Consultant, Superfresh Foods, San Francisco, CA, 1995 - present

Chief Financial Officer, GiftLink Corporation, San Francisco, CA, 1995 - 1998

Carol Graham, University of San Francisco School of Management