James McKeown

The Mary Jean and Frank P. Smeal Chaired Professor Emeritus of Accounting
Department: Accounting
Office: 354 Business Building
Phone: 814-865-0374
Fax: 814-863-8393
E-mail: jcm@psu.edu
Member of Faculty Since: 1989


Professor James McKeown is currently Mary Jean and Frank P. Smeal Chaired Professor of Accounting. Previously at Penn State he held the title of Distinguished Professor (1989-92) and the Ernst & Young Professor of Accounting (1992-99). Before coming to Penn State, he taught at the University of Illinois where he held the Weldon Powell Professorship and the A.C. Littleton Professorship, and received the Undergraduate Instructional Award, the Weldon Powell Achievement Award, and the Fred Roedgers Research Award. He is the recipient of the American Accounting Association 2003 Outstanding Accounting Educator Award and the Penn State 1998 Graduate Faculty Teaching Award.

Professor McKeown is a member of the American Accounting Association (Auditing, Financial Accounting and Tax Sections), the Decision Sciences Institute, and the Institute of Management Accountants. He serves as Associate Editor for the Journal of Quantitative Finance and Accounting(1989-present) and previously for The Accounting Review(1989-93). He also serves as a member of the editorial board for the Journal of Accounting, Auditing and Finance (1994-present) and as an ad hoc reviewer for various academic journals. Professor McKeown was a research consultant to the Objectives Study Group of the AICPA, performed research under contract to the Financial Accounting Standards Board and KPMG Research Opportunities in Auditing research grants. He directed the development and implementation of a four-course management information systems concentration for accounting and business administration, and PLATO-IV instructional materials for the entire elementary accounting sequence.


Accounting theory
Research methods in accounting
Effects of accounting, forecasting, governmental and non-profit accounting
Economic effects of taxation

Publication List

James McKeown, "Discussion: An Empirical Investigation of Factors Affecting the Timing of Environmental Accounting Standard Adoption and the Impact on Corporate Valuation", Journal of Accounting, Auditing and Finance, June 1999, 314-319.

James McKeown and Michael Willenborg, "Going-Concern Initial Public Offerings", Journal of Accounting & Economics, December 2000, 314-319.

James McKeown and W. S. Hopwood, "A Market Size Effects, Size Contingency, and Financial Ratios", The Review of Accounting and Finance, 2003, 2, 3-15.

James C. McKeown, "Discussion of 'The Impact of the 1995 Private Securities Litigation Reform Act on Litigation Risk and Auditor Compensation in the IPO Market'", University of Illinois Audit Symposium, 2003, 15, pp.35-45.


B.S., Mathematics, Michigan State University, 1966

Ph.D., Accounting, Michigan State University, 1969


ACCTG 597K, Advanced Ph.D. Seminar in Empirical Accounting Research