Tzachi Zach joined the department of Accounting and Management Information Systems in 2008. Tzachi arrived from Washington University in St. Louis, where he spent six years. He has a PhD in Business Administration (Accounting) from the Simon School of Business at the University of Rochester. Tzachi grew up in Israel, where he obtained his B.A. and M.A from Tel Aviv University.
Tzachi’s research interests include financial reporting and its relation to capital markets, earnings management, managerial incentives and empirical accrual models. Tzachi’s research has been published in The Accounting Review, Journal of Accounting, Auditing and Finance, Review of Financial Studies, Review of Accounting Studies and Journal of Accounting & Economics. He has served as an ad-hoc reviewer for the The Journal of Accounting and Economics, The Accounting Review, Journal of Accounting Research, Contemporary Accounting research, Review of Accounting Studies, Review of Finance and Journal of Finance.
Tzachi's teaching interests are in financial accounting. At Fisher, Tzachi teaches the introductory financial accounting course in the Honors Program. In addition, Tzachi teaches Accounting Policy & Research in the Master of Accounting (MACC) program. This is a unique that blends accounting research and practice in the classroom. At Fisher, Tzachi won the 2011 Undergraduate Teaching Award. At Washington University, Tzachi won two Reid Teaching Awards and was also granted the Reid Chair by senior faculty for his excellence in teaching.
Areas of Expertise
- Financial Reporting and Capital Markets
- Earnings Management
- Earnings Quality
- PhD, University of Rochester
- MS, University of Rochester
- MA, Tel Aviv University
- BA, Tel Aviv University
- EY MAcc Teacher of the year, 2013.
- Alpha Kappa Psi Fisher College of Business Faculty Member of the Year, Ohio State University, 2011.
- Undergraduate Program Teaching Award, Fisher College of Business, Ohio State University, 2011
AMIS 2200H - Introduction to Accounting I
Structure and use of financial reports; role of accounting and auditing in markets and organizations.
AMIS 6202 - Accounting Policy & Research
Provides students the opportunity to develop their knowledge and appreciation of current debates surrounding the accounting profession. They will be exposed to academic research in accounting and the primary underlying methods involved.
- Zach, Tzachi, Nicholas Dopuch, Raj Mashruwala, and Chandra Seethamraju. “The Impact of a Heterogeneous Accrual-Generating Process on Empirical Accrual Models.” Journal of Accounting, Auditing and Finance. 27.3 (2012): 386-411.
- Zach, Tzachi, Ohad Kadan, Leonardo Maduiera, and Rong Wang. “Analysts’ Industry Expertise.” Journal of Accounting and Economics. 54.2 (2012): 95-120.
- Zach, Tzachi, Daniel Cohen, and Thomas Lys. (Book Chapter). “Net Stock Anomalies.” Handbook of Investment Anomalies: Translating Market Inefficiencies into Effective Investment Strategies. Ed. Leonard Zacks. John Wiley Publishing, 2011. Page 129.
- Zach, Tzachi, Daniel Cohen, Masako Darrough, and Rong Huang. “Warranty Reserve: Contingent Liability, Informational Signal, or Earnings Management Tool?” The Accounting Review. 86.2 (2011): 569-604.
- Zach, Tzachi, Shail Pandit, and Charles Wasley. “Information Externalities along the Supply Chain: The Economic Determinants of Suppliers’ Stock Price Reaction to their Major Customers’ Earnings Announcements.” Contemporary Accounting Research. 28.4 (2011): 1304-1343.
- Zach, Tzachi, Shail Pandit, and Charles Wasley. “The Effect of R&D Inputs and Outputs on the Relation between the Uncertainty of Future Operating Performance and R&D Expenditures.” Journal of Accounting, Auditing and Finance. 26 (2011): 121-144.
- Zach, Tzachi, Daniel Cohen, and Raj Mashruwala. “The Use of Advertising Activities to Meet Earnings Benchmarks: Evidence from Monthly Data.” Review of Accounting Studies. 15.4 (2010): 808-832.
- Zach, Tzachi, Richard Frankel, and Chandra Seethamraju. “GAAP goodwill and debt contracting efficiency: Evidence from net-worth covenants.” Review of Accounting Studies. 13.1 (2008): 87-118.
- Zach, Tzachi, S.P. Kothari, and Jowell Sabino. “Implications of survival and data trimming on tests of market efficiency.” Journal of Accounting & Economic. 39.1 (2008): 129-161.
- Zach, Tzachi. “Political events and the stock market: Evidence from Israel.” International Journal of Business. 8.3 (2003): 243-266.
- Stock Picking, Industry Picking and Market Timing in Sell-Side Research, December 2012, co-authored with Ohad Kadan, Leonardo Madureira and Rong Wang.
- Non-recurring items in debt contracts, August 2011, co-authored with Anne Beatty and Lin Cheng.
- Measuring real activity management, co-authored with Daniel Cohen, Shail Pandit and Charles Wasley, January 2011.
- Evaluating the accrual fixation hypothesis as an explanation for the accrual anomaly, September 2007.
- Expensing stock options: The role of publicity, co-authored with Chandra Seethamraju, September 2003.
- Inside the accrual anomaly, June 2003.