hero image
Eric Hirst - The University of Texas at Austin, McCombs School of Business. Austin, TX, US

Eric Hirst Eric Hirst

Senior Associate Dean, King Ranch Chair for Business Leadership, and John Arch White Professor in Business | The University of Texas at Austin, McCombs School of Business

Austin, TX, UNITED STATES

Financial accounting and reporting, investor and auditor judgment, and decision theory. Graduate business education.

Social

Areas of Expertise (14)

Financial Statement Analysis Judgement and Decision Making Financial Accounting Auditing Earnings Forecasts Fasb Rules Financial Disclosure Financial Reporting Investor and Auditor Judgment Decision Theory Investor and Security Analyst Judgment Graduate Business Education Mba and Executive Mba Security Analysis

Biography

D. Eric Hirst is the Senior Associate Dean, a professor, and researcher in the areas of financial accounting, financial statement analysis, investor and security analyst judgment and decision making. He has studied management earnings forecasts, disclosure requirements, investor judgment relative to forecasts, and the various aspects of auditing.

Hirst is the King Ranch Chair for Business Leadership and the John Arch White Professor in Business in the department of accounting, and is the associate dean of graduate programs at the McCombs School, The University of Texas at Austin. He has been a visiting professor at schools around the world, including France and Finland.

He leads the strategy and operations of six Texas MBA programs serving over 1,200 MBA students, and is the school's primary representative on the contracting, design, and construction of the new $173 million graduate school of business building, Rowling Hall.

Hirst is on the board of directors of the MBA Roundtable, is the treasurer for Partners in International Management (PIM), and is an associate editor and on the editorial review boards at numerous top accounting journals.

He is the co-author of Cases in Financial Reporting: An Integrated Approach with an Emphasis on Earnings Quality and Persistence, now in its eighth edition. His research has been acknowledged for excellence, including the American Accounting Association (AAA) Distinguished Contribution to the Accounting Literature Award in 2011. He was an AAA doctoral consortium fellow in 1989.

Media

Publications:

Eric Hirst Publication Eric Hirst Publication Eric Hirst Publication

Documents:

Photos:

loading image loading image loading image

Videos:

Audio:

Education (3)

University of Minnesota Carlson School of Management: Ph.D., Accounting 1992

University of Waterloo: MAcc, Public Accountancy 1985

University of Waterloo: BA, Honors Economics (Chartered Accountancy Option) 1985

Media Appearances (7)

New UT Academic Building to House McCombs MBA Program

Time Warner Cable News  online

2017-01-27

"Well if you think about what you’re trying to accomplish as an MBA student, you’re looking to make connections with other business students, with faculty, with students from other colleges, you’re trying to innovate, you need a space where you can share ideas, where you can throw ideas around, test ideas," said Eric Hirst with the McCombs School Business.

view more

The Best MBA Programs in Accounting

Poets & Quants  online

2015-04-27

“We stand on the shoulders of giants,” Hirst notes. “They instituted a set of values and culture that really permeates. It’s a focus on high quality teaching grounded in research and its relevance to practice.”

view more

Texas Executive MBA Program Ranked Ninth in the World

The Daily Texan  print

2012-01-25

“We have a very high level of collegiality,” Hirst said. “Most MBA programs are cutthroat. This is not the case for us. We have a culture of collaboration. People learn from each other. Students are paying a lot of money to be here and are not easily impressed.”

view more

Top Skills MBA Grads Need for Success

Huffington Post College  online

2011-12-05

"The world is looking to business leaders to take the high road, not to feed at the trough, but to hold politicians and each other to higher standards," comments Eric Hirst, Associate Dean for Graduate Programs at the University of Texas.

view more

Location of Information: It Matters

Texas Enterprise | Big Ideas in Business  online

2011-08-09

“The information that tells you, ‘this is smoke and mirrors,’ is not in an obvious place, and these securities analysts — who, this is what they do for a living — get fooled,” Hirst said.

view more

On the Lesson Plan: Feelings

Wall Street Journal  print

2011-06-07

"At the end of the day, it's relatively easy to teach people how to run financial models," said Eric Hirst, associate dean for graduate programs at the McCombs School of Business at the University of Texas at Austin. "What's challenging is to lead change, to manage."

view more

Making the Human Connection in Business

UTNews  online

2011-04-25

Professor Hirst relates an experience from travels in South Africa that showed him the importance of viewing business through the lens of the humanities.

view more

Articles (8)

D. Eric Hirst Citations Google Scholar

Listing of top scholarly works by D. Eric Hirst.

view more

Management Earnings Forecasts: A Review and Framework Accounting Horizons

2008-01-01

In this paper, we provide a framework in which to view management earnings forecasts.

view more

How Disaggregation Enhances the Credibility of Management Earnings Forecasts Journal of Accounting Research

2007-06-30

In this paper, we experimentally test whether a characteristic of a management earnings forecast—namely, whether it is disaggregated—can affect its credibility. We also test whether disaggregation moderates the relation between managerial incentives and forecast credibility.

view more

Fair Values, Income Measurement, and Bank Analysts' Risk and Valuation Judgments The Accounting Review

2004-04-01

We examine how fair-value-income measurement affects commercial bank equity analysts' risk and value judgments.

view more

Improving Financial Reports by Revealing the Accuracy of Prior Estimates Contemporary Accounting Research

2010-01-15

We conduct two experiments within the context of an important intangible asset requiring estimation - software development costs. Our results show that the proposed reporting mechanism is effective in communicating information about the accuracy of financial estimates.

view more

The Joint Effect of Management's Prior Forecast Accuracy and the Form of its Financial Forecasts on Investor Judgment Journal of Accounting Research

1999-01-01

In this paper we examine how investor reaction to management earn-ings forecasts is a joint function of the form of the forecast (point or range forecasts) and management's prior forecast accuracy (high or low).

view more

Comprehensive Income Reporting and Analysts' Valuation Judgments Journal of Accounting Research

1998-01-01

This paper investigates whether clear reporting of comprehensive income (CI) and its components facilitates detection of earnings management by buy-side financial analysts and predictably affects their common stock price judgments.

view more

Investor Reactions to Financial Analysts' Research Reports Journal of Accounting Research

1995-01-01

The purpose of this paper is to show that investors' reactions to information in financial analysts' research reports depend on characteristics of both the analyst and the report.

view more

Contact