Charles E. Wasley

Charles E. Wasley is a Professor at the Simon Business School, University of Rochester, where he holds a position in the Department of Accounting. His office is located in 3-160E Carol Simon Hall, and he can be reached at 585.275.3362. Professor Wasley is an accomplished academic with significant contributions to accounting research and education, focusing on the role of accounting information in capital markets.

Professor Wasley's research interests center on the role of accounting information in capital markets, specifically examining the rational pricing of firm-level earnings, the information content of aggregate earnings for macroeconomic measures, measuring real activity management, management guidance and earnings asymmetric timeliness, demand for management guidance in the bond market, consequences of earnings guidance cessation, information externalities in capital markets, and econometric and methodological issues in accounting research. His work bridges theoretical accounting frameworks with practical market applications.

His recent publications demonstrate a consistent focus on how accounting information flows through capital markets. Key trends include examining the information content of earnings announcements, management guidance practices, and the spillover effects of financial information across supply chains. His research often employs sophisticated econometric techniques to analyze large datasets, contributing to our understanding of how markets process accounting information under varying conditions of uncertainty.

• 2019 Distinguished Contributions to Accounting Literature Award from the American Accounting Association for "Performance Matched Discretionary Accrual Measures"
• Superior teaching awards from students in the Simon School's MBA, MSF and MSA programs for Financial Statement Analysis and Valuation course

Professor Wasley has served as a litigation consultant on numerous high-profile corporate shareholder lawsuits, including cases involving Enron, AIG, and Blackrock. His expertise in financial statement analysis and valuation has made him a valuable resource in legal contexts requiring sophisticated understanding of accounting practices and their market implications. He teaches courses including Financial Statement Analysis, Financial Statement Analysis with Data Analytics, Accounting Research II, and Applied Financial Statement Analysis with Data Analytics.