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Gauri Bhat

Gauri Bhat


Assistant Professor

PhD, Accounting, University of Toronto, 2008

Crow 394


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Gauri Bhat is an assistant professor of accounting.  Her research has been published in accounting journals and focuses on financial reporting by financial institutions, risk management disclosures, and the role of accounting in credit default swap markets.  She has taught financial statement analysis for banks, financial accounting, and management accounting courses at graduate and undergraduate level.  She earned her PhD from the University of Toronto.  She holds professional designations as a chartered accountant and a cost accountant, and is a CFA charter holder.  Most recently, she served as a faculty member at the Olin Business School at Washington University in St Louis.  Before entering academia, she worked as an auditor with KPMG and held a management position in the Corporate Banking Risk Administration Group at Citibank.

Recent publications

Bhat, G., S. Ryan, and D. Vyas. The Implications of Credit Risk Modeling for Banks’ Loan Loss Provisions and Loan Origination Procyclicality. Management Science. Accepted January 2018

Bhat, G., J. L. Callen, and D. Segal. 2016. Testing the Transparency Implications of Mandatory IFRS Adoption: The Spread/Maturity Relation of Credit Default Swaps. Management Science 62(12):3472-3493.
Bhat, G., and S. Ryan. 2015. The Impact of Risk-Modeling Disclosures on the Market Perception of Banks’ Estimated Fair Value Gains and Losses for Financial Instruments. Accounting, Organizations and Society Volume 46, pages 81-95
Bhat, G., J. L. Callen, and D. Segal. 2014. Credit risk and ifrs: The case of credit default swaps. Journal of Accounting, Auditing & Finance 29(2): 129-162.
Bhat, G., R. Frankel, and X. Martin. 2011. Panacea, Pandora's box, or placebo: Feedback in bank mortgage-backed security holdings and fair value accounting.  Journal of Accounting and Economics, Volume 52, Issues 2-3, Pages 153-173.
Bhat, G., O. Hope, and T. Kang. 2006. Does Corporate Governance Transparency Affect the Accuracy of Analyst Forecasts? Accounting and Finance, Vol. 46, No. 5, pp. 715-732


Academic Experience
Analysis of Financial Institutions and Financial Instruments
Introduction to Financial Accounting
Introduction to Managerial Accounting

Courses Routinely Taught
BA 6040 Managerial Accounting
ACCT 6205 Managerial Accounting I