Stephen G. Ryan

Biography

Stephen G. Ryan is the KPMG Faculty Fellow, Professor of Accounting, and Director of the Accounting Doctoral Program at New York University Stern School of Business. Professor Ryan teaches two unique financial accounting and analysis courses developed at Stern: Analysis of Financial Institutions and Financial Instruments (MBA program) and Accounting for Financial Instruments (MS in Accounting program). He also teaches in the doctoral program.

Professor Ryan has been at Stern since 1990. His primary research areas include accounting measurement, accounting-based valuation and risk assessment, and financial reporting by financial institutions and for financial instruments. Professor Ryan has published in numerous journals including The Accounting Review, Journal of Accounting, Auditing and Finance, Journal of Accounting Research, Review of Accounting Studies, Accounting Horizons and Financial Analysts Journal. He is also the author of Financial Instruments and Institutions: Accounting and Disclosure Rules, first edition (John Wiley & Sons, 2002) and second edition (John Wiley & Sons, 2007). Before joining Stern, Professor Ryan worked at Yale School of Organization and Management and Bain and Company.

Professor Ryan is actively involved in financial accounting standards setting. He currently serves on the Financial Accounting Standards Board's Liabilities and Equity Resource and Financial Institutions Advisory groups. Until 2003, he was a member of the Financial Accounting Standards Advisory Council, the advisory body for the Financial Accounting Standards Board. He has also previously chaired the American Accounting Association's Financial Accounting Standards and Financial Reporting Issues Conference committees. Professor Ryan served as the editor of the Review of Accounting Studies from 2006-2011.

Professor Ryan received his Bachelor of Arts from Dartmouth College and his Doctor of Philosophy in business from Stanford University.

Research Interests

Accounting measurement
Accounting-based valuation and risk assessment
Financial reporting by financial institutions and for financial instruments

Courses Taught

Accounting for Financial Instruments
Analysis of Financial Institutions and Financial Instruments
Empirical Research in Financial Accounting

Academic Background

Ph.D., Business, 1988
Stanford University

A.B., Economics/Philosophy, 1981
Dartmouth University

Awards & Appointments

Amerian Accounting Association Financial Accounting and Reporting Section Best Paper Prize 2011
The Accounting Review Emerald Management Reviews Citation of Excellence for one of the 50 best articles 2009
Accounting Horizons Co-winner Best Paper Prize 2006
Accounting Horizons Co-winner Best Paper Prize 2004

Selected Publications

Dong, M., S. Ryan, and X. Zhang (2014)
Preserving Amortized Cost within a Fair-Value-Accounting Framework: Reclassification of Gains and Losses on Available-for-Sale Securities upon Realization
Review of Accounting Studies, March 2014, pp. 242-280.

Kim, S., P. Kraft, and S. Ryan (2013)
Financial Statement Comparability and Credit Risk
Review of Accounting Studies, September 2013, pp. 783-823.

Ryan, S. (2012) (2012)
Risk Reporting Quality: Implications of Accounting Research for Financial Reporting Policy
Accounting and Business Research, August 2012, pp. 1-30.

Ryan, S. (2011) (2011)
Financial Reporting for Financial Instruments
Foundations and Trends in Accounting, 2011, 6: 3-4, pp. 187-354.

Ryan, S. (2008)
Accounting in and for the Subprime Crisis
The Accounting Review, November 2008, 1605-1638

Chen, W., C. Liu, and S. Ryan (2008)
Characteristics of Securitizations that Determine Issuers' Retention of the Risks of the Securitized Assets
The Accounting Review, September 2008, pp. 1181-1215

Lev, B., S. Ryan, and M. Wu (2008)
Rewriting Earnings History
Review of Accounting Studies, December 2008, pp. 419-451

(2003)