Deen Kemsley

Associate Professor

Albert H. Cohen Alumni Professor of Accounting

Office GW 1 - Room 504
Phone 203.240.2857
Email dkemsley@tulane.edu
Websitehttp://www.kemsleyexpertservices.com
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Biography

Professor Kemsley is a chaired accounting and tax professor who teaches MBAs, Master of Accounting students, Master of Management students, and Master of Finance students. For eight years, he worked as an accounting and tax professor at Columbia Business School, and for a one-year visit, he taught at Yale School of Management. At Columbia, he was the director of tax education. Furthermore, for fifteen years, Professor Kemsley provided accounting and financial statement analysis training to financial analysts at several banks in New York, including Morgan Stanley, Citibank, Lehman Brothers, and others. Currently, his teaching covers a broad range of topics, including financial accounting, financial statement analysis, professional research in accounting, and taxation.

Professor Kemsley began his accounting career more than thirty years ago as a CPA in New Mexico. Later, he briefly worked as a registered security representative and as an accountant for a coal mine. He then served as a manager for Coopers & Lybrand in San Francisco. Academically, he has published widely in top accounting, tax, finance, and economics journals, with an emphasis on the policy and valuation effects of accounting information and taxes. Specific topics include the taxation of foreign direct acquisitions, exports, dividends, valuation of the debt tax shield, and more. His research has been debated by Congress.

As an expert witness, Professor Kemsley has worked with many corporations and with the Internal Revenue Service. He has dealt with issues regarding consolidated accounting, accounting for leases, retirement plans, cross-country income allocation, disregarded tax entities, tax malpractice, and tax shelters. He also worked on a large case involving the impairment of titanium mining assets in which he focused on the indicators of impairment, the test for recoverability, and the measurement of an impairment loss. This case spanned guidance in FAS 115, FAS 121, and FAS 144, which is related to ASC 360-10 and ASC 820. Professor Kemsley has testified as a qualified accounting expert in federal court, provided deposition testimonies, written expert reports, and rebutted reports.

Courses

ACCN 7130: Financial Statement Analysis
ACCN 7200: Accounting Research
TAXN 7280: Research in Taxation

Research

Valuation of the Debt Tax Shield

Dividend Taxes and Share Prices: Evidence from Real Estate Investment Trusts

The Share Price Effects of Dividend Taxes and Tax Imputation Credits

Capital Gains and Dividend Taxes in Firm Valuation: Evidence of Triple Taxation

Dividend Taxation in Firm Valuation: New Evidence

Education & Affiliations

PhD in Accounting, Tax, and Economics, The University of North Carolina at Chapel Hill, 1995

MA in International Business, The University of Kentucky, 1986

BS in Accounting, Brigham Young University, 1982

Interests

My greatest interest is my family! My wife Kristin and I have six daughters and three sons. Here we are in our backyard at my youngest daughter's wedding reception.