Dr. Wei-Guo Zhang
Dr. Zhang previously worked as Chief Accountant and Director General of the Department of International Affairs at the China Securities Regulatory Commission (CSRC).
He has been actively involved in accounting standard setting and implementation issues, auditor oversight, and cross-border regulatory co-operation issues at the CSRC and through his work with the International Organization of Securities Commissions.
From 1998 and 2004 respectively, Dr Zhang was a member of the China Accounting Standards Committee and the China Auditing Standards Committee.
Before joining the CSRC, he was Head of the Department of Accounting at Shanghai University of Finance & Economics (SUFE) where he also received his PhD in economics.
Dr Zhang was a PhD supervisor at SUFE from 1993 and at Tsinghua University from 2000.
He has published a number of articles and monographs on issues related to accounting, corporate governance, and globalization.
Dr. Ross L. Watts
Ross Watts is the Erwin H. Schell Professor of Management, Emeritus, and Professor of Accounting Emeritus, at the Massachusetts Institute of Technology.
Specializing in accounting and corporate governance, he investigates the relationship between accounting’s roles in contracting, the firm, and financial reporting as well as the nature of accounting and its methods, particularly conservatism. Watts uses the evidence from that investigation to evaluate recent accounting standards introduced or proposed by standard-setters, such as the Financial Accounting Standards Board or the Securities and Exchange Commission. He is a source for explicit stories on how recent standards generated or will generate accounting manipulation and fraud.
On January 12, 2013, Watts was honored with the Inaugural Lifetime Achievement Award for research given by the American Accounting Association’s Financial Reporting Section. He is also a recipient of American Accounting Association’s Seminal Contribution Award (with Jerold L. Zimmerman) in August, 2004, and American Accounting Association’s Outstanding Accounting Educator Award in August, 2000. Ross received the 1978 and 1979 American Institute of Certified Public Accountants Awards for Notable Contribution to Accounting Literature (papers with Jerold L. Zimmerman).
Watts is the co-author of Positive Accounting Theory, with Jerold L. Zimmerman, and co-editor of Contemporary Accounting Research, Synthesis and Critique, with S.P. Kothari, T. Z. Lys, D. J. Skinner, and J. L. Zimmerman. His most recent speaking engagements include: the American Accounting Association, Taiwan; Japan and Korea Accounting Associations Accounting Theory and Practice Conference; The Carlson School of Management Accounting Empirical Conference; and European Institute for Advanced Studies in Management, Conference on Accounting.
Watts holds a BCom, First Class Honors, in Accounting from the University of Newcastle Australia and an MBA in finance from the University of Chicago, and a PhD in Economics, Finance and Accounting from the University of Chicago.
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