Justin Leiby

Associate Professor of Accountancy and Academic Director of BSA/ MSA Program and Professor Ken Perry Faculty Fellow

Contact

196 Wohlers Hall

1206 S Sixth St

Champaign, IL 61820

Listings

Educational Background

Ph.D., Accounting, University of Illinois at Urbana-Champaign, 2011
B.A., German, University of Pittsburgh, 2004
B.S.B.A., Accounting, University of Pittsburgh, 2004

Positions Held

Faculty in Residence, Discovery Partners Institute, 2023-2024
Academic Director, BSA/MAS Program in Accountancy, University of Illinois at Urbana-Champaign, 2022 to present
Associate Professor of Accountancy, University of Illinois at Urbana-Champaign, 2018 to present
Assistant Professor of Accountancy, University of Georgia, 2016-2018
Assistant Professor of Accountancy, University of Florida, 2012-2016

Recent Publications

Brazel, J., Gold, A., Leiby, J., & Li, X. Forthcoming. Inheriting versus Developing Data Analytic Tests and Auditors' Professional Skepticism. Journal of Accounting Research.
Ciconte, W., Leiby, J., & Willekens, M. (2025). Where does the time go? Auditors' commercial effort, professional effort, and audit quality. Journal of Accounting Research, 63 (1), 255-317. link >
Gold, A., Kadous, K., & Leiby, J. (2024). Does Status Equal Substance?The Effects of Specialist Social Status on Auditor Assessments of Complex Estimates. The Accounting Review, 99 (5), 197-222. link >
Leiby, J. (2022). Do Rewards Encourage Professional Skepticism? It Depends The Accounting Review, 97 (4), 131-154. link >

Other Publications

Articles

Leiby, J. (2021). Challenges to Experimental Audit JDM Research and the Role of Online Platforms in Resolving these Challenges. Auditing: A Journal of Practice and Theory, 40 (3), 53-73.
Bol, J., & Leiby, J. (2021). Status Motives and Agent-to-Agent Information Sharing. Review of Accounting Studies, 27 (1), 122-147.
Donelson, D., Ege, M., & Leiby, J. (2019). Audit Firm Reputational Consequences of Alleged Non-Accounting Misconduct by Clients: How Bargaining Power Temporarily Shifts Around Securities Litigation. Auditing: A Journal of Practice and Theory, 38 (4), 77-100.
Leiby, J. (2018). The Role of Consultant Recommendations and Management Team Prestige in Management Control System Adoption. Accounting, Organizations and Society, 66 1-13.
Bol, J., & Leiby, J. (2018). Subjectivity in Professionals's Incentive Systems: Differences between Promotion-and Performance-Based Incentives. Contemporary Accounting Research, 35 (1), 31-37.
Leiby, J., & Madsen, P. (2017). Margin of Safety: Life History Strategies and the Effects of Socioeconomic Status on Self-Selection into Accounting. Accounting, Organizations and Society, 60 21-36.
Farrell, A., Grenier, J., & Leiby, J. (2017). Scoundrels or Stars? Theory and Evidence on the Quality of Workers in Online Labor Markets. The Accounting Review, 92 (1), 93-114.
Knechel, W., & Leiby, J. (2016). If You Want My Advice: Status Motives and Audit Consultations about Accounting Estimates. Journal of Accounting Research, 54 (5), 1331-1363.
Kadous, K., Leiby, J., & Peecher, M. (2013). How Do Auditors Weight Informal Contrary Advice? The Joint Influence of Advisor Social Bond and Advice Justifiability. The Accounting Review, 88 (6), 2061-2087.

Honors and Awards

Professor Ken Perry Faculty Fellowship in Accountancy, University of Illinois at Urbana-Champaign, 2018 to present
Disruption & Innovation Scholar, University of Illinois at Urbana-Champaign, 2021-2024
Notable Contribution to Management Accounting Literature Award, American Accounting Association - Management Accounting Section, 2022
RC Evans Innovation Fellow, University of Illinois at Urbana-Champaign, 2020-2021

Current Courses

Risk Management and Innovation (ACCY 574) Decision making and analytic approaches to help organizations navigate disruptive changes in practices, technology, regulation, and culture to serve stakeholders (customers, employees, investors, the public). Course content focuses on identifying and quantifying risks, and balancing between achieving consistent, measurable outcomes and delivering stakeholder-driven objectives. Cases and experiential learning will emphasize developing tools to translate data into insights, tie these insights into managing stakeholder interests, and communicating these insights to decision makers.
Adv Prof Internship in ACCY (ACCY 590) A formalized learning experience in combination with practice of accounting while engaged in an internship with a public accounting firm, business, or other off-campus organization; prior approval of learning plan and a summary report of learning experience required.
Special Research Problems (ACCY 593) Individual investigations or research projects selected by the students, subject to approval by the graduate adviser and the executive officer of the Department.

Contact

196 Wohlers Hall

1206 S Sixth St

Champaign, IL 61820