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Saurav Dutta Named Academic Accounting Fellow for the SEC
July 23, 2010
UAlbany Associate Professor of Accounting Saurav Dutta has expertise in capital markets reform and the use of statistics in forensic accounting and litigation. (Photo Mark Schmidt)
The U.S. Securities and Exchange Commission (SEC) has named University at Albany Associate Professor Saurav Dutta an Academic Accounting Fellow at the Office of the Chief Accountant. In that capacity, he will serve as a research resource for the SEC and as a liaison with professional accounting standards-setting bodies.
Dutta, an associate professor of accounting in UAlbanyís School of Business, has expertise in capital markets reform, and the use of statistics in forensic accounting and litigation.
"I am thrilled to have been offered this opportunity by the SEC," he said. "I am looking forward to the invaluable experience of having a front seat to accounting policy deliberations. I believe the new perspective gained at the SEC will make me a better teacher and researcher. Upon my return to UAlbany, I hope that the insights gained at the SEC would enhance the learning experience of our students and further enrich the quality of our accounting programs."
Will Work on Risk Disclosure, Capital Markets Reform
Dutta expects to work on projects related to improving disclosures of risks by financial institutions, capital markets reform, risk and materiality standards of the Public Company Accounting Oversight Board and the harmonization of international accounting and auditing standards with U.S. standards.
During his meeting with SEC staff, discussion centered around two of his academic papers, one from the Journal of Accounting Auditing and Finance and the other from the Quality Management Journal, published in the late 1990s, underscoring the practical use of academic research.
With this appointment, Dutta joins a distinguished list of faculty who have previously served in this capacity at the Office of the Chief Accountant, including endowed chairs at the top accounting departments in the U.S., such as the University of Illinois, Urbana-Champaign, University of Texas-Austin, USC, and Carnegie Mellon.
"The School of Business is enormously proud of Professor Dutta's prestigious fellowship at the SEC, which illustrates both the rigor and relevance of his path-breaking research on risk disclosure by financial institutions and capital markets reform," said Dean Donald Siegel. "This accolade adds considerable luster to the research reputation of our outstanding Department of Accounting and Law and also complements the development of our new masterís program in forensic accounting."
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