Parveen P. Gupta joined Lehigh University in 1987. Dr. Gupta has taught numerous courses in the areas of financial accounting, managerial accounting, corporate governance, risk management, and internal controls. During 2009, he was recognized by his undergraduate students through the Staub Excellence Award for Undergraduate Teaching in the College of Business and Economics. Prior to this, he was twice recognized, during 2000 and 2003, by his graduate students as the Outstanding MBA Professor of the Year. During 2005, he received the prestigious Innovation in Accounting Education National Award from the American Accounting Association for developing a new M.S. in accounting graduate course on corporate governance and business risk.
Dr. Gupta returned to Lehigh University as the Chair of its Accounting Department in July 2007 from a one-year leave of absence, where he served as the Academic Accounting Fellow in the Division of Corporation Finance at the U.S. Securities and Exchange Commission (SEC). While at the Commission, he worked closely with the Division’s Chief Accountant and participated actively on the project that involved issuing the Commission’s Guidance on Management’s Report on Internal Control under Sarbanes-Oxley Act Section 404 and Public Company Accounting Standard Board’s (PCAOB) Auditing Standard No. 5 on Auditing Internal Control. Additionally, Dr. Gupta reviewed registrant filings and regularly worked with the Office of the Chief Accountant staff on accounting issues in areas such as revenue recognition, pensions, leases, derivatives, and fresh start accounting. In recognition of the work on Sarbanes-Oxley Act’s Section 404, he and his team members were recognized by then Chairman Christopher Cox with the SEC’s prestigious “Law and Policy” award at the SEC’s Annual Award ceremony on May 23, 2007.
Dr. Gupta is a nationally recognized expert in Sarbanes-Oxley, corporate governance, financial disclosure and internal control, audit committee effectiveness, and enterprise risk management. His current research focuses on understanding how a firm’s corporate governance practices affect quality of its financial reporting and consequently its financial and capital market performance. Additionally, his research also focuses on investigating the value relevance of the internal control disclosures under Sarbanes-Oxley Act and the suitability of the various control models in helping management assess and auditors certify the effectiveness of a company’s internal controls over financial reporting pursuant to Section 404. Dr. Gupta’s extensive consulting experience is in the related areas and includes working with US-based manufacturing, financial services firms, energy industry clients, and Big-4 public accounting firms.
He has published numerous research articles in the following major academic and practitioner journals: Accounting, Organizations and Society, Accounting Horizons, Journal of Contemporary Accounting and Economics, Administrative Science Quarterly, American Sociological Review, Organization Studies, International Journal of Accounting, Managerial Auditing Journal, The Journal of Corporate Accounting and Finance, International Journal of Disclosure and Governance, Management Accounting Quarterly, Internal Auditor, and Journal of Accountancy. He is also the author or co-author of six externally funded Research Monographs, Practice Guidance, and books. His research has been funded by major professional accounting organizations such as American Accounting Association, Financial Executive International, the Institute of Management Accountants, and the Institute of Internal Auditors.
His research has been cited in widely-read business publications such as the Wall Street Journal, Treasury and Risk Management, and Compliance Week. He has been recognized for his research accomplishments by the Association of Chartered Accountants in U.S. with a Best paper Award in 1990, Lehigh University’s Beidleman Research Award in 2001, Vernon Zimmerman Award for Best International Accounting Research Paper in 2008, the Institute of Management Accountants’ Certificate of Merit award in 2007, the Lybrand Bronze Medal award in 2008, and Best Plenary Research Paper Award at the Contemporary Accounting Research/Journal of Contemporary Accounting and Economics Special Joint Symposium in 2009.
Dr. Gupta is a frequent presenter at numerous academic and professional conferences at both the national and international level. He has appeared on CNNfn’s “Maverick of the Morning” show and is often quoted in media publications such as CFO Magazine, Compliance Week, Democrat & Chronicle, Christian Science Monitor, The Morning Call, Dow Jones Marketwatch.com, Knowledgeleader.com, and CFO.com. Dr. Gupta’s other professional activities include editorial board positions and leadership roles within various professional organizations, including having served as a board member with the Canadian Institute of Chartered Accountants, senior Sarbanes-Oxley Advisor to the Institute of Management Accountants, member of the program advisory board of the Philadelphia Chapter of the National Association of Corporate Directors, chair of the Professionalism and Ethics Committee of the American Accounting Association, and a member of the Institute of Internal Auditor’s Professional Issues Committee and the International Committee on Quality.