|Appointment Start Date:
|Appointment End Date:
|Area of Specialty:
||Financial accounting , Corporate Governance and Auditing
||Available on Gatton website--gatton.uky.edu
||Public Company Oversight Board (PCAOB) 2nd Annual, Feb. 2006 (Planning Committee and Session Chair for Panel on Fair Value Accounting) and PCAOB Inaugural Symposium, Dec. 2004 (Planning Committee and Session Chair for Panel on Implications of Regulatory Changes on Teaching and Research)
Auditing Section Doctoral Consortium, 2006
Initiated, organized, and presented at the Inagural UK-UT PhD Colloquium
Auditing Standards Board and International Auditing and Assurance Standards Board, committee to draft an RFP (call for research proposals) on Miscommunications with the unqualified auditor's report
Finance, Economics and Accounting Conference, 2005 (session planner and chair)
Price WaterhouseCoopers Symposium, invitee, 2004 -2006
U. of Illinois Symposium on Audit Research, 2006
Editorial Board, Auditing: A Journal of Practice and Theory (AJPT)
AJPT 25th Anniversary Conference, 2005 (Planning Committee and Plenary presentation)
Member of the Editor Nominations and Selections Committee for AJPT, 2006-2007
Auditing Section Mid-year Conference, 200 2-2006
New England Behavioral Accounting Research Symposium, 2004 The University of Waterloo, 2004 Interdisciplinary Corporate Governance Conference, U. of Texas-Austin,
President-Elect, President and Past President of the Auditing Section of AAA (2004-2006);
American Accounting Association (ongoing)
|Primary Research Focus:
||Financial reporting with recent emphasis on the quality of financial statements and disclosures and the effect on users' decisions
||Professor McDaniel's research has been published in the very top accounting journals, as well as top tier management journals . As President of the Auditing Section of the AAA, her primary initiative was to create a formal connection to the PCAOB by proposing and then implementing an annual symposium between selected academics and the PCAOB staff. Two symposia have been held and a third was approved. In teaching, she received the Beta Gamma Sigma University of Kentucky Outstanding Teacher of the Year Award, 2005-2006.
|| “Auditors’ Assessment and Incorporation of Expectation Precision in Evidential Analytical Procedures,” L. McDaniel and L.E. Simmons (forthcoming, Auditing: A Journal of Practice and Theory, 2007).
“The Effects of Joint Provision and Disclosure of Non-Audit Services on Audit Committee Decisions and Investors’ Preferences,” L. M. Gaynor, L. McDaniel, and T. Neal. The Accounting Review (July 2006, pp. 873-896).
“Audit Committees’ Responsibility to Ensure Auditor Independence: Do Public Disclosures Make This Responsibility More Difficult?” L. McDaniel, T. Neal and L. Gaynor. Corporate Board Member Magazine, online version (www.board member.com), November 2005. (this is an online article written for practitioners based on TAR paper above)
“Discussion of Why Do Auditors Over-Rely on Weak Analytical Procedures? The Role of Outcome and Precision,” L. McDaniel. Auditing: A Journal of Practice and Theory (Supplement 2005, pp. 221-228).