O. Whitfield Broome Jr. 

Frank S. Kaulback, Jr. Professor of Commerce
Professor of Law

Office phone: 434-924-6866
e-mail: owb@virginia.edu

Education:

Ph.D., Accounting and Finance, University of Illinois
M.S., Accounting, University of Illinois
A.B., Accounting and Business Administration,
Duke University
CPA (Virginia Board of Accountancy)

Areas of Expertise:

Professor Broome’s expertise is in the areas of financial accounting and reporting, financial analysis, and professional examinations. He currently teaches undergraduate and graduate financial reporting and analysis courses at the McIntire School and at the Law School. His primary research interests are in the content and analysis of financial statements. He has lectured in numerous professional development and executive programs for accountants, financial analysts, bankers, and other groups in the United States, Switzerland, Thailand, Japan, and Indonesia.

Professional Activities:

Professor Broome’s professional experience includes six years as executive director and trustee of the Institute of Chartered Financial Analysts (now the CFA Institute). For two years, he was chairman of the College for Financial Planning and on the board of directors of the College for Financial Planning—United Kingdom. He has also chaired the CPA Examination Review Board and served on the national CPA Board of Examiners, the Investment Analysis Standards Board, the Certified Financial Planner Board of Standards, and the Examinations Committee for the National Association of State Boards of Accountancy. He has had visiting professor appointments at Duke University, The University of Texas at Austin, Lancaster University (United Kingdom), and Tulane University. Professor Broome currently serves as a member of the Virginia Board of Accountancy, which regulates CPAs and public accounting firms in the Commonwealth of Virginia.

Selected Publications:

"Multi-Entity Partnering in Accounting Education: Narrowing the Gap between the Profession and Academia," Advances in Accounting Education, 2005 (with M. Morris).

"Statement of Cash Flows: Time for Change!" Financial Analysts Journal, March/April, 2004.

“Effect of Employee Stock Options on the Income Statement,” Corporate Counsel Weekly, January 8, 2003.

Reducing Employee Theft, Quorum Books, 1991 (with N. Snyder et al.)

"Using Internal Controls to Reduce Employee Theft in Small Businesses," Journal of Small Business Management, July 1989 (with N. Snyder and K. Zimmerman).

"Planning Opportunities for Reducing Limitations of Passive Losses," Journal of Financial Planning, April 1989 (with D. Lockwood).

"For Planners the Key Word is Professionalism," Financial Services Week, April 1989. 

"Key Elements of a Profession," The Mary Ball Washington Forum Series in Accounting Education, Vol. II, University of West Florida, 1986. 

"Oil and Gas: A Compromise Method of Accounting," Journal of Accountancy, June 1985 (with L. Katz and W. K. Carter).

 "The CFA Program's Body of Knowledge," Financial Analysts Journal, March/April, 1980 (reprinted in CFA Readings in Financial Analysis, Fifth Edition, Richard D. Irwin, 1981).
 

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