Michael Minnis studies the role of accounting information in allocating investment efficiently by both management and capital providers, the use of financial reporting in mitigating information opacity issues of privately-held firms, and the interplay within management in the production and use of financial information. He particularly enjoys identifying unique data and methods to empirically examine issues in a novel way.
Prior to pursing his PhD, Minnis’ accountancy and CPA background allowed him to work in a variety of professional roles. He worked in corporate finance at Eli Lilly and Company, Inc. and later at Fitzgerald | Isaac, p.c. as a certified public accountant. Building on his knowledge and experience, Minnis went on to found Controller Associates LLC where he also served as President of the company. Controller Associates, LLC provided part-time controller and Chief Financial Officer services to small companies and non-profit organizations, as well as a variety of financial statement analysis and consulting services. He sold the firm to Milestone Advisors in 2006.
“Having worked with and studied companies ranging in size from large multi-nationals to start-up ventures, I have seen the usefulness and the power of the information conveyed in financial statements. I want students to be able to take full advantage of this information.”
Minnis received his PhD from the University of Michigan and his BS from the University of Illinois, where he graduated with Highest Honors. In addition to being awarded two fellowships, Minnis’ honors also include “Indy’s Best and Brightest, top accounting professional under the age of 40” and “Indiana CPA Society, 5 Under 35.”
2014 - 2015 Course Schedule
||Financial Statement Analysis
Enjoys a variety of sports and spending time with his family.
My research interests include the use of financial reporting in mitigating information opacity issues of privately-held firms; the role of accounting information in allocating investment efficiently by both management and capital providers; and the interplay between management in the production and use of financial information. I particularly enjoy identifying unique data and methods to empirically examine issues in a novel way.
"Knowledge, Compensation, and Firm Value: An Empirical Analysis of Firm Communication," with Feng Li, Venky Nagar, and Madhav Rajan, Journal of Accounting and Economics, accepted June 2014.
"A Measure of Competition Based on 10-K Filings," with Feng Li and Russell Lundholm, Journal of Accounting Research, 51 (May 2013): 399-436.
“The Value of Financial Statement Verification in Debt Financing: Evidence from Private U.S. Firms,” Journal of Accounting Research (May 2011).