DONALD PAGACH, CPA Associate Professor of Accounting College of Management NC State University

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1 DONALD PAGACH, CPA Associate Professor of Accounting College of Management NC State University NCSU: Home: Department of Accounting-Box Wesley Ridge Drive Raleigh, NC Apex, NC Family: Wife Elisabeth Children Graham (4) Olivia (2) Luke (March 2005) PROFESSIONAL EXPERIENCE Fall 2005 Visiting Adjunct Associate Professor Duke University Fuqua School of Business Associate Professor of Accounting- NC State University University Outstanding Teacher Courses Taught: Business Valuation Introductory Financial Accounting Intermediate Financial Accounting I & II Governmental and Special Financial Reporting Issues Corporate Financial Strategy, MAC program Survey of Accounting, MBA program Assistant Professor of Accounting - NC State University Assistant Professor, Louisiana State University Intermediate Financial Accounting II Ph. D. Seminar in Capital Markets Coopers and Lybrand, Staff Accountant Milwaukee, Wisconsin EDUCATION Florida State University, Tallahassee, Florida, Accounting Doctorate Dissertation: Managerial Incentives and the Intraday Timing of Earnings Announcements University of Wisconsin-Madison, MA in Accounting University of Wisconsin-Madison, BA in Accounting, with honors

2 PUBLICATIONS Bradford, M., J. Florin and D. Pagach, Strategic Change through IS Outsourcing and Organizational Restructuring: A Behavioral Explanation of Their Effects on Firm Value. Forthcoming, Journal of High Technology Management Research. Branson, B., K. Nunez and D. Pagach, The Value Relevance of Non-financial Performance Measures for the Electric Utility Industry. Oil, Gas and Energy Quarterly, vol. 54, no. 1, September Branson, B. and D. Pagach, Recent Controversies in Accounting for Operating Leases and Leasehold Improvements, The CPA Journal, October Branson, B. and D. Pagach. Earnings Predictability: Do Analysts Make Coverage Choices Based on Ease of Forecasts? Journal of American Academy of Business, vol. 7, no. 1, September Beasley, M., M. Bradford and D. Pagach. A View of Outsourcing from an Enterprise Risk Management Perspective, Strategic Finance, July Pagach, D. Mergers and the Electric Utility Industry: Is Value Created? Oil, Gas and Energy Quarterly, June, Pagach, D., B. Chaney and B. Branson, A Note on Earnings Forecast Source Superiority, Journal of Applied Business Research, Summer, Pagach, D. Book Review: The Financial Numbers Game, The Accounting Review, October Pagach, D. and R. Peace, Utility Deregulation and Stranded Investments, Critical Perspectives on Accounting, December, Branson, B. and D. Pagach, Instructional Case: Understanding Innovative Financial Instruments, Issues in Accounting Education, February Branson, B., D. Guffey and D. Pagach. Information Conveyed in Announcements of Analyst Coverage. Contemporary Accounting Research, Summer, This paper was highlighted in the October 5, 1999 issue of Business Week. Branson, B., K. S. Lorek and D. Pagach, Factors Associated with the Predictive Ability of Quarterly Earnings Data of Small Firms. Decision Sciences, March/April Baginski, S. P., J. Hassell, and D. Pagach, Further Evidence on Nontrading-Period Information Release. Contemporary Accounting Research, Summer, Francis, Jennifer, Donald Pagach and Jens Stephan, The Stock Market Response to Earnings Announcements Made During Trading and Non-Trading Periods. Journal of Accounting Research 30 (Autumn). WORK IN PROCESS

3 Branson, B. and D. Pagach, Diversity in Analyst Coverage, under review at Journal of Accounting and Business Research Pagach, D., M. Beasley and M. Bradford, Information conveyed in announcements of IT Outsourcing. This paper has been presented at the mid-year IS section conference and is targeted at JIS. Beasley, M, D. Pagach, R. Warr, Risk Manager Announcements. This paper is in the draft stage and targeted at Journal of Accounting, Auditing and Finance. Branson, B., K. Lorek, and D. Pagach, Factors Associated with Analyst Advantage. This paper is in the draft stage and extends our Decision Sciences article and is targeted at CAR. Pagach, D. and K. Shaw, Private Placements and Financial Analysts. This paper is in the data analysis stage and is targeted at JAE. Pagach, D. Using a blog in Teaching Intermediate Financial Accounting. This paper was presented at the Effective learning Strategies session of the 2005 American Accounting Association meeting in San Francisco. OTHER SCHOLARLY ACTIVITY Co-author of Intermediate Financial Accounting (First Edition to be published in 2004: Houghton Mifflin) with Michael Diamond (Provost, University of Southern California) and Curt Norton (Professor, Northern Illinois University). Supplements will include Solution Manual, Instructor s Resource Manual and Study Guide. Pagach, D. Testbank for Financial Reporting and Statement Analysis. This is the first testbank written for the textbook authored by Stickney, Brown and Wahlen. Pagach, D. Banks, Savings Institutions and Credit Unions: Accounting and Auditing Guidance. American Institute of Certified Public Accountants, Beasley, M. and D. Pagach, Depository Institutions: Advanced Accounting and Auditing Issues, American Institute of Certified Public Accountants, Pagach, D. Derivatives: Accounting and Auditing Guidance. American Institute of Certified Public Accountants, Pagach, D. SFAS No. 133: Derivatives and Hedge Accounting. American Institute of Certified Public Accountants, PROCEEDINGS Branson, B. and D. Pagach, Examination and Prediction of Earnings Per Share Forecast Origin Superiority, Proceedings of the 1993 Southeastern Region AAA Meeting.

4 PRESENTATIONS National AAA Meeting (3) - August 1994, August 1997, August 2005 Critical Perspectives Conference, April 1999 NC State Graduate Symposium, Moderator , 2002 The First Fudan-Appalachian State International Banking Conference (Shanghai, PRC), 1999 Southeastern Regional AAA Meeting (3) - March 1994, March 1996, April 2000 Mid-Atlantic Regional AAA Meeting - April 1994 Decision Sciences Annual Meeting - December 1996 University of Texas-Arlington Doctoral Student Workshop - February 1993 Louisiana State University Finance Workshop - March 1993 MEDIA APPEARANCES July 15, 2004 WRAL-TV: Comments on Red Hat Incorporated s change in revenue recognition methods. July 18, 2004 WUNC Radio: Comments on Red Hat Incorporated s change in revenue recognition methods. SERVICE North Carolina State University: Faculty Advisor for Accounting Society to Present Faculty Advisor for Beta Alpha Psi to 2002 Founding faculty member for IMA student group College of Management representative to the University Hearings Panel to Present - (elected position) College of Management representative to the University Grievance Panel to (elected position) Departmental Banquet Committee , 2000(chair), 2001 (chair) MAC Program Curriculum Committee to present Department of Accounting Strategic Planning Committee to present NCSU Study Abroad Scholarship Selection Committee to present NCSU Extension and Engagement Committee to present TEC Program Executive in Residence Department of Accounting Recruiting Committee Department of Accounting Awards and Honors Committee present NC State MSM Program Curriculum Committee American Accounting Association: Outstanding Accounting Educator Award Committee and 2001 Membership and Subscription Committee and 1994 American Institute of Certified Public Accountants: Group of 100 Louisiana State University: Ph. D. Curriculum Committee and 1994 REFERENCES

5 Dr. Steve Baginski Professor Herbert E. Miller Chair in Financial Accounting University of Georgia Athens, GA Dr. Bruce Branson Associate Professor NC State University Raleigh, NC Dr. Greg Carnes Chairperson, Department of Accounting Northern Illinois University Dekalb, IL 60115

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