• Phone 617-353-2317
  • Office 522E
  • BOSTON UNIVERSITY
    Questrom School of Business
    Rafik B. Hariri Building
    595 Commonwealth Avenue
    Boston, MA 02215

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Eddie Riedl is a Professor of Accounting and Everett W. Lord Distinguished Faculty Scholar in the Questrom School of Business, having joined Boston University in 2011. He previously was a professor at the Harvard Business School from 2002-2011. He graduated from Regis High School in New York City, the only all-scholarship high school in the country. He received a combined BBA/MBA at Pace University in 1992, and his PhD from Penn State University in 2002.

Prior to entering academia, he worked at a Big 6 auditor, in internal audit at a Fortune 500 oil company, and in corporate reporting at a real estate brokerage house. During his career, he attained the professional designations of CPA, CMA, and CIA.

His research focuses on two of the most pressing issues in financial reporting today: fair value accounting, and international accounting/IFRS. He has published in the top-tier accounting (The Accounting Review, Journal of Accounting Research, Review of Accounting Studies, Contemporary Accounting Research) and management journals (Management Science), with over 75 presentations at universities around the world, including Harvard, Stanford, Chicago, London Business School, and Chinese University of Hong Kong. His research has been recognized with the Competitive Manuscript Award (given in recognition for the top accounting dissertation), and he is among the 700 most-downloaded authors on SSRN.  He has served on a number of doctoral committees at both HBS and BU, and published extensively with doctoral students and junior accounting faculty.

Eddie teaches classes at the undergraduate, MBA, executive, and doctoral levels. Both of his undergraduate and graduate "Financial Statement Analysis" courses have consistently ranked among the three highest-rated courses at BU's Questrom School of Business for the past 4 years. He has taught executive programs for a number of Fortune 500 firms, including BP, Ericsson, IBM, and TE Connectivity. His case studies have sold over 50,000 copies to date, with a focus on financial reporting and valuation topics in the real estate, financial services, agriculture, chemical, restaurant, and incarceration industries.  

His passions are his wife and three children, otters, and (depressingly, though hope springs ever eternal) the New York Mets.

    Education
  • Ph D, Pennsylvania State University, 2002
  • BBA, Pace University, 1992
  • MBA, Pace University, 1992
    Publications
  • Neururer, T., Papadakis, G., Riedl, E. (2016) "Tests of Investor Learning Models Using Earnings Innovations and Implied Volatilities", Review of Accounting Studies, 21 (2), 400-437
  • Muller, M., Riedl, E., Sellhorn, T. (2015) "Recognition versus Disclosure of Fair Values", The Accounting Review, 90 (6), 2411-2447
  • Goncharov, I., Riedl, E., Sellhorn, T. (2014) "Fair Value and Audit Fees", Review of Accounting Studies, 19 (1), 210-241
  • Liang, L., Riedl, E. (2014) "The Effect of Fair Value versus Historical Cost Reporting Model on Analyst Forecast Accuracy", The Accounting Review, 89 (3), 1151-1177
  • Brochet, F., Jagolinzer, A., Riedl, E., Jagolinzer, A. (2013) "Mandatory IFRS Adoption and Financial Statement Comparability", Contemporary Accounting Research, 30 (4), 1373-1400
  • Riedl, E., Srinivasan, S., Cheng, B. (2012) "Coca-Cola: Residual Income Valuation Exercise", Harvard Business Publishing
  • Muller, K., Riedl, E., Sellhorn, T. (2011) "Mandatory Fair Value Accounting and Information Asymmetry: Evidence from the European Real Estate Industry", Management Science, 57 (6), 1138-1153
  • Riedl, E., Serafeim, G. (2011) "Information Risk and Fair Values: An Examination of Equity Betas", Journal of Accounting Research, 49 (4), 1083-1122
  • Riedl, E., Everett, J. (2011) "Restaurant Valuation: O’Charley’s and AFC", Harvard Business Publishing
  • Riedl, E., Srinivasan, S. (2010) "Signaling Firm Performance Through Financial Statement Presentation: An Analysis Using Special Items", Contemporary Accounting Research, 27 (1), 289-332
  • Armstrong, C., Barth, M., Jagolinzer, A., Riedl, E. (2010) "Market Reaction to the Adoption of IFRS in Europe", The Accounting Review, 85 (1), 31-61
  • Riedl, E. (2010) "Land Securities Group: Choosing Cost or Fair Value on Adoption of IFRS", Harvard Business School Press (105-014)
  • Riedl, E., Meyer, K. (2010) "SIPEF: Biological Assets at Fair Value Under IAS 41", Harvard Business School Press (110-026)
  • Riedl, E., Katz, S., Srinivasan, S. (2010) "Citigroup 2007: Financial Reporting and Regulatory Capital", Harvard Business School Press (Case 110-041)
  • Riedl, E. (2010) "Corrections Corporation of America", Harvard Business School Press (Case 107-071)
  • Riedl, E. (2010) "Accounting Conservatism and the Temporal Trends in Current Earnings' Ability to Predict Future Cash Flows versus Future Earnings: Evidence on the Trade-off between Relevance and Reliability", Contemporary Accounting Research, 27 (2), 461-467
  • Riedl, E. (2009) "Kevin McCarthy and Westlake Chemical Corporation", Harvard Business School Press (Case 106-049)
  • Riedl, E., Katz, S., Deckinger, J. (2009) "HurryDate", Harvard Business School Press (Case 110-035)
  • Liang, L., Riedl, E., Venkataraman, R. (2008) "The Determinants of Analyst-Firm Pairings", Journal of Accounting and Public Policy, 37 (4), 277-294
  • Dietrich, J., Muller, K., Riedl, E. (2007) "Asymmetric Timeliness Tests of Accounting Conservatism", Review of Accounting Studies, 12 (1), 95-124
  • Riedl, E. (2004) "An Examination of Long-Lived Asset Impairments", The Accounting Review, 79 (3), 823-852
  • Muller, K., Riedl, E. (2002) "External Monitoring of Property Appraisal Estimates and Information Asymmetry", Journal of Accounting Research, 40 (3), 865-881
  • Barron, O., Byard, D., Kile, C., Riedl, E. (2002) "High-Technology Intangibles and Analysts’ Forecasts", Journal of Accounting Research, 40 (2), 289-312
  • Neururer, T., Papadakis, G., Riedl, E."What Does Reputation Buy in the Options Markets? The Effect of Earnings Streaks on Ex Ante Uncertainty",
  • Riedl, E., Liang, L., Conaway, J."Market Perceptions of the Informational and Convergence Effects of Fair Value Reporting for Tangible Assets: US and Cross-Country Evidence",
  • Grewal, J., Riedl, E., Serafeim, G."Market Reaction to Mandatory Nonfinancial Disclosure",
  • Muller, K., Neamtiu, M., Riedl, E."Do Managers Benefit from Delayed Goodwill Impairments?",
  • Albuquerque, A., Chen, B., Dong, Q., Riedl, E."Do Boards Exercise Discretion to Reduce Costly Ex Post Settling Up?",
  • Bayer, E., Riedl, E., Skiera, B., Srinivasan, S."How Does Digital Advertising Impact Firm Performance and Firm Value?",
  • Liang, L., Riedl, E."How Macro Conditions Affect the Information Content of Analyst Forecasts",
  • Riedl, E."Chesapeake Energy: Credit Analysis",
  • Riedl, E."The Ethics of Lehman's Repo-105 Transactions",
    Research Presentations
  • Riedl, E.Market Perceptions of the Informational and Convergence Effects of Fair Value Reporting for Tangible Assets: US and Cross-Country Evidence, Erasmus University - Rotterdam School of Management, Rotterdam, Netherlands, 2016
  • Riedl, E.Discussion of A Growing Wedge in Decision Usefulness: The Rise of Concurrent Earnings, University of Toronto, Toronto, Canada, 2016
  • Riedl, E.Market Perceptions of the Informational and Convergence Effects of Fair Value Reporting for Tangible Assets: US and Cross-Country Evidence, Concordia University, Montreal Canada, 2016
  • Riedl, E.Market Perceptions of the Informational and Convergence Effects of Fair Value Reporting for Tangible Assets: US and Cross-Country Evidence, Ottawa, Canada, 2016
  • Riedl, E.What Does Reputation Buy in the Options Markets? The Effect of Earnings Streaks on Ex Ante Uncertainty, Lancaster University, Lancaster, England, 2015
  • Riedl, E.Tests of Investor Learning Models Using Earnings Innovations and Implied Volatilities, George Mason University, Washington DC, 2014
  • Riedl, E.Tests of Investor Learning Models Using Earnings Innovations and Implied Volatilities, George Washington University, Washington DC, 2014
  • Riedl, E.Tests of Investor Learning Models Using Earnings Innovations and Implied Volatilities, American Accounting Association, Atlanta, 2014
  • Riedl, E.Recognition versus Disclosure of Fair Values, University of Miami, 2013
  • Riedl, E.Earnings Innovations and Investor Uncertainty, National Taiwan University, Taiwan, 2013
  • Riedl, E.Earnings Innovations and Investor Uncertainty, Chinese University of Hong Kong, Hong Kong, 2013
  • Riedl, E.The Effect of Reporting Model on Analyst Forecast Accuracy, University of Central Florida, 2012
  • Riedl, E.The Effect of Reporting Model on Analyst Forecast Accuracy, Erasmus University, The Netherlands, 2012
  • Riedl, E.The Effect of Firm-Supplied versus User-Supplied Fair Values on Analyst Outputs, American Accounting Association, Chicago, IL, 2012
  • Riedl, E.Mandatory IFRS Adoption and Financial Statement Comparability, Emory University, Atlanta, GA, 2011
  • Riedl, E.Fair Value and Audit Fees, University of Missouri, Columbia, MI, 2011
    Conference Activities
  • American Accounting Association Annual Meeting, American Accounting Association, Committee Chair (2013-2014)
  • New Faculty Consortium, American Accounting Association, Disseminating Knowledge as an Author and a Reviewer, Panelist (2012-2012)
  • New Faculty Consortium, American Accounting Association, Disseminating Knowledge as a Teacher, Panelist (2012-2012)
  • Financial Accounting Reporting Section - Midyear Meeting, American Accounting Association, International Accounting Track Chair, Committee Chair (2012-2012)
    Awards and Honors
  • 2011, Outstanding Reviewer Award, Contemporary Accounting Research
  • 2004, Competitive Manuscript Award, American Accounting Association
  • 2003, Capstone Professor Teaching Award, Harvard Business School
  • 2001, Arthur Andersen Foundation Dissertation Fellowship, Arthur Andersen Foundation
  • 1999, W. Edward Hastings Graduate Scholarship, Penn State University
  • 1997, Executive Education Doctoral Fellowship, Penn State University
  • 1997, American Accounting Association Doctoral Fellowship, American Accounting Association
  • 1997, G. Kenneth Nelson Fellowship, Penn State University
  • 1996, CMA (Certified Management Accountant), Institute of Management Accountants
  • 1995, CPA (Certified Public Accountant), American Institute of Certified Public Accountants
  • 1994, CIA (Certified Internal Auditor), Institute of Internal Auditors
  • 1988, Full Trustee Scholarship, Pace University