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Workshop 13 (half day) 

Financial and Accounting Concepts for I-O Psychologists

Presenter: David A. Lesmond, Tulane University
Coordinator: Bill Strickland, Human Resources Research
       Organization (HumRRO)

Accounting is the language of business and finance is the use of that language. Although I-O psychologists have significant measurement expertise, they may lack knowledge of basic measures of financial capital.  These measures include basic accounting measures (for example, sales, cost of goods sold, earnings per share, etc.), as well as measures used for analysis and decision making (for example, net present value, return on equity, return on investment, etc.).  This workshop is directed toward the basics of financial reporting and analysis in a systematic fashion.
 

This workshop is designed to help participants:
• Describe sources of financial data
• Explain key terms and concepts of financial reporting
• Assess basic financial reports

David A. Lesmond teaches accounting and finance in the A. B. Freeman School of Business at Tulane University.  His work has been published in all of the major finance journals on issues dealing with liquidity estimation and liquidity effects on equity and fixed income markets. These liquidity applications span both domestic and emerging markets. He has won numerous research awards for his work in the area of credit risk and liquidity. He actively presents his work at all the major conferences in both the U.S. and in Europe.  He has won awards for teaching excellence at SUNY-Buffalo, Tulane, and the University of Texas at Austin in both finance and accounting.  David received his PhD in finance from the State University of New York at Buffalo.
 

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