Intermediate Accounting Volume 2

Michelle L. Hanlon is the Howard W. Johnson Professor and Deputy Dean for Faculty and Research at the MIT Sloan School of Management. She has taught undergraduates, MBA students, Executive MBA students, and Masters of Finance students. She is the winner of the 2021 Outstanding MBA Teacher Award, the 2020 MIT Teaching with Digital Technology Award, and the 2013 Jamieson Prize for Excellence in Teaching at MIT Sloan.

Professor Hanlon’s research focuses primarily on the intersection of financial accounting and taxation. She has published research studies in all of the top accounting and finance journals and the leading field journals in taxation in accounting and economics. She has won many awards for her research including the Distinguished Contribution to the Accounting Literature Award from the American Accounting Association, being named a Presidential Scholar by the American Accounting Association, and many others. Professor Hanlon has served on several editorial boards and served as one of the senior editors at the Journal of Accounting and Economics for over 15 years.  Professor Hanlon is a co-author on two other textbooks: Financial Accounting, entering its eighth edition, and Intermediate Accounting, entering its fourth edition. She has testified in front of the U.S. Senate Committee on Finance and twice to the U.S. House of Representatives Committee on Ways and Means about tax and accounting issues. She served as a U.S. delegate to the American-Swiss Young Leaders Conference in 2010 and worked as an Academic Fellow at the U.S. House Ways and Means Committee in 2015. She served on the Tax Expenditure Commission for the Commonwealth of Massachusetts and serves on the academic advisory board to the International Tax Policy Forum, Washington, DC.

She earned her doctorate degree at the University of Washington. Prior to joining MIT, she was a faculty member at the University of Michigan. She worked at KPMG prior to earning her PhD.

Karen K. Nelson is the M. J. Neely Professor of Accounting at Texas Christian University. She previously served on the faculty at Rice University, the Stanford University Graduate School of Business, and as a visiting professor at the University of Michigan. She earned her Ph.D. at the University of Michigan and a bachelor’s degree (summa cum laude) from the University of Colorado. She also holds a CPA license from the state of Colorado.

Professor Nelson’s research focuses on financial reporting and disclosure issues, including the role of regulators, auditors, and private securities litigation in monitoring financial reporting quality. She has held research seminars at over 50 leading business schools in the U.S. and abroad, and published in a variety of leading academic journals including The Accounting Review, Journal of Accounting and Economics, Journal of Accounting, and Review of Accounting Studies. Her research has been featured in the financial press in publications such as The Wall Street Journal, Business Week, and Forbes. She is an active member of the American Accounting Association and serves on the Editorial Board of The Accounting Review.

She has taught financial accounting at all levels, and her students have honored her with numerous awards for teaching excellence. She currently teaches intermediate accounting to undergraduates and financial accounting to MBAs. She is a member of the Standing Advisory Group of the Public Company Accounting Oversight Board.