About Tom
Thomas J. Linsmeier is the Richard J. Johnson Chair of the Department of Accounting and Information Systems and the Thomas G. Ragatz Accounting and Law Distinguished Chair in the Department of Accounting and Information Systems at the Wisconsin School of Business. Dr. Linsmeier’s research explores the role of accounting information in capital markets, focusing on standard setting issues. His work has been published in The Accounting Review; Journal of Accounting Research; Review of Accounting Studies; Contemporary Accounting Research; Accounting Horizons; Management Science; Journal of Accounting, Auditing, and Finance; Journal of Business, Finance and Accounting; and Financial Analysts Journal.
Dr. Linsmeier served as an appointed member of the Financial Accounting Standards Board (FASB) from July 2006 – June 2016. He also has served as Academic Fellow and Special Consultant to the Office of the Chief Accountant at the U.S. Securities and Exchange Commission (SEC).
He received his Ph.D. and MBA from the University of Wisconsin – Madison and his BBA from the University of Wisconsin-Milwaukee.
Selected Accepted Journal Articles
Liang, C. & Linsmeier, T. (2024). Can Standard Setters Improve Cash Flow Reporting of Capital Expenditures? Accounting Horizons
Selected Published Journal Articles
Linsmeier, T. & Wheeler, E. (2021). The Debate over Subsequent Accounting for Goodwill Accounting Horizons
Linsmeier, T. (2020). Discussion of Moving the Conceptual Framework Forward Accounting for Uncertainty Contemporary Accounting Research
Linsmeier, T. (2016). A Revised Model for Presentation in the Statement(s) of Financial Performance: Implications for the Measurement Chapter of the Conceptual Framework Accounting Horizons
Blankespoor, E. & Petroni, K. & Linsmeier, T. & Shakespeare, C. (2013). Fair Value Accounting for Financial Instruments: Does it improve the association between Bank Leverage and Credit Risk? The Accounting Review
Linsmeier, T. (2013). A Standard Setter’s Framework for Selecting between Fair Value and Historical Cost Measurement Attributes: A Basis for Discussion of “Does fair value accounting for nonfinancial assets pass the market test? Review of Accounting Studies
Leisenring, J. & Linsmeier, T. & Schipper, K. & Trott, E. (2012). Business-model (Intent)-based Accounting Accounting and Business Research
Linsmeier, T. (2011). Financial Reporting and Financial Crises: The Case for Measuring Financial Instruments at Fair Value in the Financial Statements Accounting Horizons
Chambers, D. & Linsmeier, T. & Shakespeare, C. & Sougiannis, T. (2007). An Evaluation of SFAS No. 130 Comprehensive Income Disclosures Review of Accounting Studies
Linsmeier, T. & Carroll, T. (2004). The Effects of Accounting Regulation on Tax Credit Utilization Propensity Research in Accounting Regulation
Carroll, T. & Linsmeier, T. & Petroni, K. (2003). Fair Value vs. Historical Cost Accounting: Evidence from Closed-End Mutual Funds Journal of Accounting, Auditing and Finance
Linsmeier, T. & Thornton, D. & Venkatachalam, M. & Welker, M. (2002). The Effect of Mandated Market Risk Disclosures on Trading Volume Sensitivity to Interest Rate, Exchange Rate, and Commodity Price Movements The Accounting Review
Dietrich, R. & Kachelmeier, S. & Kleinmuntz, D. & Linsmeier, T. (2001). Market Efficiency, Bounded Rationality, and Supplemental Business Reporting Disclosures Journal of Accounting Research
Linsmeier, T. & Pearson, N. (2000). Value at Risk Financial Analysts Journal
Elmy, F. & LeGuyader, L. & Linsmeier, T. (1998). Review of Initial Filings under SEC Market Risk Disclosure Rules Journal of Corporate Accounting and Finance
Linsmeier, T. & Pearson, N. (1997). Quantitative Disclosures of Market Risk in the SEC Release Accounting Horizons
Balakrishnan, R. & Linsmeier, T. & Venkatachalam, M. (1996). Financial Benefits from JIT Adoption: Effects of Customer Concentration and Cost Structure The Accounting Review
Linsmeier, T. (1996). The Securities and Exchange Commission: Research, Teaching and Career Opportunities Accounting Horizons
Linsmeier, T. & Lobo, G. & Kanaan, G. (1995). Dispersion in Industry Price Changes and the Relative Association Between Alternative Income Measures and Security Returns Journal of Accounting, Auditing and Finance
Linsmeier, T. & Lobo, G. (1994). Cross-Sectional Differences in the Association Between Alternate Income Measures and Market Returns: The Case of Rate Regulated vs. Unregulated Firms Asset Valuation
Wasley, C. & Linsmeier, T. (1992). A Further Examination of the Economic Consequences of SFAS No. 2 Journal of Accounting Research
Lobo, G. & Linsmeier, T. (1992). Tax Planning, Earnings Management and the Differential Information Content of Bank Earnings Components The Accounting Review
Linsmeier, T. & Nair, R. & Weygandt, J. (1988). U.K. Tax Legislation and the Switch to the Liability Method for Income Taxes Journal of Business, Finance and Accounting
Biggs, S. & Bedard, J. & Gaber, B. & Linsmeier, T. (1985). The Effect of Task Size and Similarity on the Decision Behavior of Bank Loan Officers Management Science
Gee, K. & Linsmeier, T. & Partridge, C. Non-GAAP EPS Denominator Choices The Accounting Review
Undergraduate Courses
(AIS 601), Spring 2017.
(AIS 601), Spring 2018.
Graduate Courses
Seminar in Financial Reporting Theory (AIS 770), Fall 2018.
Seminar in Financial Reporting Theory (AIS 770), Fall 2018.
Accounting for Lawyers (AIS 765), Fall 2018.
Accounting for Lawyers (AIS 765), Fall 2017.
Editorial and Reviewing Activities
Journal of Accounting and Public Policy – Since July 2016
Ad Hoc Reviewer
Popular Media
- Bloomberg Financial Accounting News (2022).
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