Faculty Directory

Thomas L. (Tom) Porter

Adjunct Professor

Email

Phone

Degree

PhD, University of Washington, 1992; MBA, Georgia Institute of Technology, 1984; BS, University of Maryland, 1980

Areas of Expertise

Accounting, financial reporting, auditing

Courses

Financial Reporting and Statement Analysis

Bio

Thomas L. Porter is a Certified Public Accountant and an expert on Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAAS), SEC Regulations, International Financial Reporting Standards (IFRS), and certain U.S. and international tax issues. He is currently Associate Professor of Accounting at the Hult International Business School, and an adjunct professor at Boston University and the Tuck School of Business. Professor Porter frequently serves as an expert witness in legal disputes that involve financial reporting irregularities.

Current Research Topics

  • Financial reporting quality
  • Financial reporting standard adequacy


Professional Activities

Academic positions

  • Adjunct Professor of Business Administration, Tuck School of Business, 2018–present
  • Adjunct Professor, Boston University, 2014–present
  • Global Professor of Accounting and Finance, Hult International Business School, 2012–present
  • Adjunct Professor, Boston College, 2010–present
  • Assistant Professor, Georgia State University, 2001–03
  • Assistant Professor of Accounting, Boston College, 1993–98

Nonacademic positions

  • Vice President, Nera Economic Consulting, 2008–12; Senior Consultant, 2003–08
  • Project Manager, Financial Accounting Standards Board, 1998–2001
  • Senior Consultant, Price Waterhouse, 1984–87
  • Auditor, Aronson, Greene, Fischer & Co. (CPAs), 1980–82


Awards

  • Professor the Year, Hult International Business School, Masters in International Business Program, 2012–13

Working Papers

  • “Has Accounting for Stock-Based Compensation Distorted Earnings?”
  • “Using a Poison Pill to Protect a Deferred Tax Asset – the Case of Selectica”
  • “The Effect of Tax Cut and Jobs Act on the Cost of Capital”

Selected Publications

  • “The Hard Facts About Soft Numbers in Subprime Litigation,” Securities Litigation Journal, ABA Litigation Section, Volume 21, Number 2, Winter 2011
  • “Fussing and Fuming About Fair Value and Financial Institution: Fact or Fiction?”, Informer, Volume 2, Issue 13, Spring 2010
  • With A. Chanyshev, “The Subprime Meltdown: Understanding Accounting-Related Allegations,” NERA Insights: Subprime Lending Series, NERA Economic Consulting, December 2007
  • With P. Hinton and P. Conroy, “Options Backdating: Accounting, Tax, and Economics,” NERA Insights: Options Backdating Series, NERA Economic Consulting, November 2006
  • With E.P. Swanson, M.S. Wilkins, and L. Holder-Webb, “Corporate Disclosure of the Decision to Change the Fiscal Year-End,” Research in Accounting Regulation, Vol. 14, 2001
  • “Comparative Analysis of IAS 14 (1997), Segment Reporting, and U.S. GAAP Including FASB Statement No. 131, Disclosures about Segments of an Enterprise and Related Information,” The IASC-U.S. Comparison Project: A Report on the Similarities and Differences between IASC Standards and U.S. GAAP, Financial Accounting Standards Board, 1999
  • With D. Drago, “Comparative Analysis of IAS 38, Intangible Assets, and U.S. GAAP including APB Opinion No. 17, Intangible Assets,” in The IASC-U.S. Comparison Project: A Report on the Similarities and Differences between IASC Standards and U.S. GAAP, Financial Accounting Standards Board, 1999
  • With R. Traficanti, “Comparative Analysis of IAS 32 (1998), Financial Instruments: Disclosure and Presentation, and IAS 39 (1998), Financial Instruments: Recognition and Measurement, and Related U.S. GAAP,” in The IASC-U.S. Comparison Project: A Report on the Similarities and Differences between IASC Standards and U.S. GAAP, Financial Accounting Standards Board, 1999
  • With L.K. Nelson, “Using Cash Flow Information and Present Value in Accounting Measurements,” FASB Viewpoints, Status Report, No. 314, June 1999