Mark S. Beasley

Deloitte Professor of Enterprise Risk Management and Director, Enterprise Risk Management Initiative

Ph.D., Michigan State University, 1994

Graduate Faculty

Office Location: 3166 Nelson
Telephone Number: 919.515.6064
Fax Number: 919.515.4446
Email

Enterprise Risk Management Initiative

Research Specialties

The Study of Enterprise Risk Management, Corporate Governance, Financial Statement Fraud, and the Financial Reporting Process.

National Service

Committee of Sponsoring Organizations of the Treadway Commission (COSO), Board Member, 2005 - Present.

The Conference Board, ERM Working Group adn ERM Research Advisory Board, Member.

Enterprise Risk Management Institute International (ERMII), Board Member.

Auditing Section of the American Accounting Association, President, 2005-2006.

AICPA's Auditing Standards Board's SAS No. 99 Task Force, Consideration of Fraud in a Financial Statement Audit, Member 2000-2002.

Publications

Beasley, Mark, Don Pagach, and Richard Warr. "Information Conveyed in Hiring Announcements of Senior Executives Overseeing Enterprise-Wide Risk Management Processes," Journal of Accounting, Auditing, and Finance (Forthcoming).

Beasley, Mark S., "Improving Corporate Governance by Taking an Enterprise View of Risks." Article forthcoming in Readings from the 2006 Annual Conference hosted by the CGA Accounting Research Centre University of Ottawa, Ottawa, Canada.

Beasley, Mark, Richard Clune, and Dana Hermanson, "The Role of the Internal Audit Function in Enterprise Risk Management." Journal of Forensic Accounting (Forthcoming).

Beasley, M. S., Frigo, M. (2007). Strategic Risk Management:  Creating and Protecting Value. Strategic Finance, LXXXVII (May 2007), 29.

Mark Beasley, Roby Sawyers, with J. Gregory Jenkins, Virginia Polytechnic Institute and State University, Brainstorming to Identify and Manage Tax Risks, in The Tax Advisor, March 2006.

Mark Beasley, Al Chen, Karen Nunez, and Lorraine Wright, "Working Hand in Hand: Balanced Scorecards and Enterprise Risk Management," Strategic Finance, March 2006, pp. 49-55.

Mark Beasley and Dana Hermanson, "How Sales Executives Can Avoid Accounting Fraud Allegations," Review of Business, Volume 27:1, Winter 2006, pp. 33-40.

Mark Beasley, Richard Clune and Dana Hermanson "Enterprise Risk Management: An Empirical Analysis of Factors Associated with the Extent of Implementation," Journal of Accounting and Public Policy, Vol 24, Issue 6, November/December 2005.

Beasley, Mark S., Richard Clune and Dana Hermanson.  “ERM:  A Status Report.” Internal Auditor, Volume LXII:I, February 2005, pp. 67-72.

Beasley, Mark S., Marianne Bradford, and Don Pagach. “Outsourcing? At Your Own Risk.”  Strategic Finance, Volume LXXXVI, Number 1, July 2004, pp. 23-29.

Beasley, Mark S. and Dana R. Hermanson.  “Going Beyond Sarbanes-Oxley Compliance:  Five Keys to Creating Value.” The CPA Journal, Volume LXXIV, Number 6, June 2004.

Montgomery, Daniel D., Mark S. Beasley, Susan L. Menelaides, and Zoe-Vonna Palmrose, "Auditor's New Procedures for Detecting Fraud," Journal of Accountancy, Volume 193, Number 5, May 2002, pp. 63-66.

Beasley, Mark S. and Steven Salterio, "The Relation Between Board Characteristics and Voluntary Improvements in Audit Committee Composition and Member Experience," Contemporary Accounting Research, Volume 18, Number 4, Winter 2001, pp. 1-34.

Beasley, Mark S. and Kathy R. Petroni, "Board Independence and Audit Firm Type." Auditing: A Journal of Practice and Theory, Volume 20, Number 1, March 2001, pp. 97-114.

Beasley, Mark S., Joseph V. Carcello, Dana R. Hermanson, and Paul D. Lapides, "Fraudulent Financial Reporting: Consideration of Industry Traits and Corporate Governance Mechanisms," Accounting Horizons, Volume 14, Number 4, December 2000 pp. 441-454.

Sawyers, Roby B. and Mark S. Beasley, "The Impact of State Taxation on the Investment Portfolio of Banks," The Journal of American Taxation Association Supplement, 1998, pp. 1-14.

Beasley, Mark S., "An Empirical Analysis of the Relation Between the Board of Director Composition and Financial Statement Fraud," The Accounting Review, October 1996, Volume 71, Number 4, pp. 443-465. Paper is the recipient of the American Accounting Association's (AAA's) 1995 Competitive Manuscript Award.

Petroni, Kathy R. and Mark S. Beasley, "Errors in Accounting Estimates and Their Relation to Audit Firm Type," Journal of Accounting Research, Spring 1996, Volume 34, Number 1, pp. 151-171.

Books

Arens, Alvin, Randy Elder, and Mark S. Beasley.  Auditing and Assurance Services:  An Integrated Approach, 8th-11th Editions.  Prentice Hall, Upper Saddle River, NJ, May 2005 (799 pages).

Beasley, Mark, Frank Buckless, Steven Glover, and Douglas Prawitt.  Auditing Cases:  An Active Learning Approach, 1st-3rd Editions.  Prentice Hall, Upper Saddle River, NJ, October 2005 (396 pages)

Research Monographs

Beasley, Mark S., Joseph V. Carcello, and Dana R. Hermanson, Fraudulent Financial Reporting: 1987-1997, An Analysis of U.S. Public Companies, a monograph published by the Committee of Sponsoring Organizations of the Treadway Commission (COSO), New York, NY March 1999.

Honors and Awards

2003 North Carolina State's Academy of Outstanding Faculty Engaged in Extension.

2002 College of Management Board of Governor's Award for Excellence in Teaching.

2002 Notable Contributions to the Auditing Literature Award.

2001 Recipient of Ernst & Young's Outstanding Faculty Award.

1994 Michigan State University Excellence-In-Teaching Citation Recipient.

1995 American Accounting Association's Competitive Manuscript Award Recipient.