Adam Vitalis, PhD, MBA, CPA (MN) Scheller College of Business Office 4234 800 West Peachtree Street NW Atlanta, GA 30308-1149 W: 404.894.3584 C: 608.630.2727 Adam.vitalis@scheller.gatech.edu Education Doctor of Philosophy, University of Wisconsin Madison (2012) Major: Accounting Master of Business Administration, New York University, Leonard N. Stern School of Business (2005) Major: Finance Bachelor of Accountancy, University of San Diego (1994) Major: Accounting Spring Semester Abroad, St. Claire College, Oxford, England (1993) Professional Positions 2012 Present Assistant Professor Georgia Institute of Technology 2007 2012 Course Coordinator and Instructor Accounting Principles, University of Wisconsin Madison 2007 2012 Research Assistant, University of Wisconsin-Madison (concurrent assignments) 2006 2007 Director of Enterprise Risk Management, U.S. Bancorp, Minneapolis, MN 2003 2006 Senior Manager, Audit and Enterprise Risk Services (AERS), Deloitte & Touche, LLP, New York, NY and Minneapolis, MN 1996 2002 Production Accountant / Auditor, Film and Television Various studios and locations 1994 1995 Staff Auditor, Deloitte & Touche, LLP, Minneapolis, MN 1
Research Interests Examining information processing themes in experimental settings; utilizing various economic, behavioral and information processing theories to investigate cognitive limitations in processing risk and other information cues in both audit and financial reporting settings. Scholarly Papers Published Mayhew, Brian W., and Adam Vitalis, 2014, Myopic loss aversion and market experience, Journal of Economic Behavior & Organization, Volume 97, Pages 113-125 Scholarly Papers Under Review The Impact of Experience on Auditor Sensitivity to Risk Cues ; initial submission at The Accounting Review January 2014; sole authored. Work in Process Church, Bryan, and Adam Vitalis. Social and Economic Bonding in an Audit Setting Majors, T., Shefchik, L., and Vitalis, A. Impact of Ego Depletion in an Audit Setting Brown, Veena, Gissel, Jodi, and Adam Vitalis, Reputation Effects and Auditor Sign-off Other Publications / Referenced Work Dissertation cited in Professor Rittenberg s testimony at the PCAOB Public Meeting on Firm Independence and Rotation, October 18, 2012: http://pcaobus.org/rules/rulemaking/docket037/ps_rittenberg.pdf 2
Refereed Conference Proceedings Vitalis, Adam. The Impact of Client-Specific Experience and Efficiency Pressure on Risk Assessment Effectiveness (working paper based on dissertation). Presented at 2012 AAA Annual Meeting. Also invited to present at: o Indiana University o Georgia Institute of Technology o University of Arizona o University of South Carolina o University of Massachusetts Amherst o Villanova University o Miami University o University of Wisconsin Madison Mayhew, Brian W., and Adam Vitalis. Myopic loss aversion and market experience. Presented at 2011 AAA Annual Meeting (as Accounting Information, Interim Reporting Frequency, and Myopic Loss Aversion ). Bellovary, Jodi, and Mayhew, Brian W. Self-Regulation: Experimental Evidence on Reputation and Peer Review. Presented on behalf of the authors at the 2010 AAA Auditing Section Midyear Conference. Externally Funded Projects Myopic loss aversion and market experience (originally titled: Implications of More Frequent Reporting and Auditing ). Principal Investigator: Brian Mayhew, Co- Invesigator: Adam Vitalis. 2009-2010. Funded by PriceWaterhouseCoopers; $25,000. Teaching Interests Auditing Financial Accounting Managerial Accounting Awards & recognition 2011 Douglas Clarke Memorial Teaching Award, UW - Madison 2011 $600 Wisconsin School of Business Ph.D. Travel Award 2010 $1,250 University of Wisconsin Madison 2010 Ph.D. Research Competition Award 3
College of Business Service Activities Invited member of the Scheller College of Business undergraduate awards ceremony selection committee (2013 & 2014). Faculty liaison of the Emergency Coordinator/Safety Team (2013 current) Invited Guest Coach for the 2013 GATech / Duke football game Freshman Opening Bell table facilitator (2013) Service Activities in Academic and Professional Organizations Ad Hoc Reviewer AAA Annual Meeting Auditing Section (2014). Auditing: A Journal of Practice and Theory (2014) AAA Auditing Section Midyear Conference (2014). AAA ABO Section Midyear Meeting (2013). Auditing: A Journal of Practice and Theory (2013) Journal of Economic Behavior & Organization (2013) AAA Auditing Section Midyear Conference (2013). AAA Annual Meeting Auditing Section (2012). Discussant AAA ABO Research Conference (2013): A Marathon, a Series of Sprints, or Both? An Analysis of Tournament Horizon in Multi-Period Settings. Choi, Newman, and Tafkov. AAA ABO Research Conference (2012): The New Public Company Whistleblowing Environment: Perceptions of a Wrongful Act and Monetary Attitude. Brink, Lowe, and Victoravich. AAA Annual Meeting (2012): Effectiveness of Client Tactics in Auditor-client Negotiations and Possible Mitigating Factors. Berger, Peffer, and Ramsay. AAA Auditing Section Midyear Conference (2012): The Pricing of Engagement Partner Expertise. Christopher Koch (replacing Brian Mayhew). 4
AAA Annual Meeting (2011): Are Higher Risk Audits Priced Accordingly: Evidence from Audits of Public Housing Authorities. Tate and Grein. Moderator AAA Auditing Section meeting (2014). AAA ABO Research Conference (2013). AAA ABO Research Conference (2012). AAA Annual Meeting: Auditing Section (2012). AAA Annual Meeting: Auditing & Financial Accounting and Reporting Sections (2011). Other Conferences Attended New Faculty Consortium (2013) Atlanta Southeast Summer Accounting Research Conference (SESARC) (June 2013) AAA New Faculty Consortium (2013) 2013 AAA New Faculty Consortium (January 2013) The International Foundation for Research in Experimental Economics (IFREE) workshop (2010 invited participant). AAA Annual Meeting (2009). Other Activities October 2012 Dissertation cited in Professor Rittenberg s testimony at the PCAOB Public Meeting on Firm Independence and Rotation. October 18, 2012: http://pcaobus.org/rules/rulemaking/docket037/ps_rittenberg.pdf 2011-2012 Expert witness retained by DeWitt Ross & Stevens S.C., Madison, Wisconsin Spring 2010 Consulting, DeWitt Ross & Stevens S.C., Madison, Wisconsin Summer 2008 Summer 2008 Online Homework Accuracy Checker Financial Accounting Fundamentals, Wild, version 2e Instructor Pre-College Enrichment Opportunity Program for Learning Excellence (PEOPLE) Program 5