Zoltan Novotny-Farkas

Zoltán Novotny-Farkas is a Full Professor of International Accounting at the Department of Finance, Accounting, and Statistics at Vienna University of Economics and Business (WU Vienna). He serves as Head of the International Accounting Group and teaches courses including Introduction to IFRS, Accounting and Regulation of Banks, and Accounting and Regulation of Insurance Companies at both bachelor's and master's levels.

His educational background includes a degree in International Business Administration from the University of Vienna and a doctoral degree from Goethe University Frankfurt (2011). Prior to joining WU Vienna in 2018, he served as a lecturer and senior lecturer at Lancaster University (UK) and was a visiting scholar at the Wharton School, University of Pennsylvania.

Professor Novotny-Farkas specializes in empirical accounting research with a focus on International Financial Reporting Standards (IFRS), banking regulation, and the economic consequences of accounting standards. His work examines how accounting regulations impact financial institutions, particularly banks, and investigates the relationship between accounting practices, risk-taking behavior, and capital market outcomes. He has made significant contributions to understanding fair value accounting, transparency in central bank reporting, and the effects of regulatory changes on financial reporting quality. His recent research explores gender quotas in executive reporting, hybrid financial instruments classification, and the consequences of quarterly reporting mandates.

His publications in top-tier journals demonstrate consistent focus on regulatory impacts in accounting, with increasing attention to banking regulation and financial stability implications. Recent work shows expansion into gender diversity reporting and central bank transparency issues while maintaining core expertise in IFRS implementation and fair value accounting.

• Austrian Science Fund (FWF) Research Grant (2023)
• Best Reviewer Accounting in Europe (2022)
• Lancaster University Management School (LUMS) Pump Prime Award (2015)
• German Research Foundation Research Scholarship Award (2011)
• German Research Foundation Research Grant (2010)

Professor Novotny-Farkas leads significant research projects including 'Interaction Effects of Regulatory and Financial Reporting' funded by the Austrian Science Fund. His research group collaborates with international institutions and contributes to policy discussions on accounting standards. He has served as a reviewer for top accounting journals and participated in expert consultations for regulatory bodies including providing academic input on IFRS 9.

He directs the International Accounting research group at WU Vienna, which includes doctoral students and researchers working on various aspects of accounting regulation, financial reporting, and banking. The group maintains active collaborations with international researchers and institutions, contributing to both academic knowledge and practical policy development in accounting regulation.