Michael Donohoe

Head of the Department of Accountancy and Professor of Accountancy and PwC Faculty Fellow

Contact

360 D Wohlers Hall

1206 S Sixth St

Champaign, IL 61820

217-333-8878

mdonohoe@illinois.edu

Vita

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SSRN

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Educational Background

Ph.D., Accounting, University of Florida, 2011
M.Acc., Highest Honors, Taxation, University of North Florida, 2002
B.S.Ac., Accounting, University of Florida, 2001

Positions Held

Head of the Department of Accountancy, Accountancy, University of Illinois at Urbana-Champaign, 2021 to present
Professor of Accountancy, Accountancy, University of Illinois at Urbana-Champaign, 2021 to present
Associate Head of Accountancy, Department of Accountancy, University of Illinois at Urbana-Champaign, 2020-2021
Outside Appointed Board Director, Farm Credit Illinois, ACA, 2019 to present
Associate Professor of Accountancy, University of Illinois at Urbana-Champaign, 2017-2021
Assistant Professor of Accountancy, University of Illinois at Urbana-Champaign, 2011-2017
Doctoral Student and Graduate Research Assistant, Fisher School of Accounting, University of Florida, 2006-2011
Senior Tax Associate, Gunn & Company, PA, 2004-2006
Tax Associate, PricewaterhouseCoopers LLP, 2003-2004

Recent Publications

Donohoe, M., Gale, B., & Mayberry, M. Forthcoming. Shareholder Perceptions of External Tax Advisors in Corporate Tax Planning. Contemporary Accounting Research.
Ciconte, W., Donohoe, M., Lisowsky, P., & Mayberry, M. Forthcoming. The Predictive Ability of Tax Contingencies for Future Income Tax Cash Outflows. Contemporary Accounting Research. link >
Donohoe, M., Lisowsky, P., & Jang, H. (2022). Competitive Externalities of Tax Cuts. Journal of Accounting Research, 60 (1), 201-259.
Demere, P., Donohoe, M., & Lisowsky, P. (2020). The Economic Effects of Speical Purpose Entities on Corporate Tax Avoidance. Contemporary Accounting Research, 37 (3), 1562-1597.

Other Publications

Articles

Donohoe, M., McGill, G., & Outslay, E. (2019). The Geometry of International Tax Planning After the Tax Cuts and Jobs Act: A Riff on Circles, Squares, and Triangles. National Tax Journal, 72 (4), 647-670.
Donohoe, M., Lisowsky, P., & Mayberry, M. (2019). The Effects of Competition from S Corporations on the Organizational Form Choice of Rival C Corporations. Contemporary Accounting Research, 36 (3), 1784-1823.
Chang, H., Donohoe, M., & Sougiannis, T. (2016). Do Analysts Understand the Economic and Reporting Complexities of Derivatives? Journal of Accounting and Economics, 61 (2-3), 584-604.
Donohoe, M., Lisowsky, P., & Mayberry, M. (2015). Who Benefits from the Tax Advantages of Organizational Form Choice? National Tax Journal, 68 (4), 975-998.
Donohoe, M. (2015). Financial Derivatives in Corporate Tax Avoidance: A Conceptual Perspective. The Journal of the American Taxation Association, 37 (1), 37-68.
Donohoe, M. (2015). The Economic Effects of Financial Derivatives in Corporate Tax Avoidance. Journal of Accounting and Economics, 59 1-24.
Donohoe, M., McGill, G., & Outslay, E. (2014). Risky Business: The Prosopography of Corporate Tax Planning. National Tax Journal, 67 (4), 851-874.
Donohoe, M., & Knechel, W. (2014). Does Corporate Tax Aggressiveness Influence Audit Pricing? Contemporary Accounting Research, 31 (1), 284-308.
Donohoe, M., McGill, G., & Outslay, E. (2013). Back to the Drawing Board: The Structural and Accounting Consequences of a Switch to a Territorial Tax System. National Tax Journal, 66 (3), 713-744.
Donohoe, M., McGill, G., & Outslay, E. (2012). Through a Glass Darkly: What Can We Learn About a U.S. Multinational Corporation's International Operations From Its Financial Statement Disclosures? National Tax Journal, 65 (4), 961-984.
Donohoe, M., & McGill, G. (2011). The Effects of Increased Book-Tax Difference Tax Return Disclosures on Firm Valuation and Behavior. The Journal of the American Taxation Association, 33 (2), 35-65.

Other Publications

Donohoe, M. (2016). Financial derivatives: Concepts, applications, and challenges. The American Middle Class: An Economic Encyclopedia of Progress and Poverty ABC-CLIO.

Working Papers

Chang, H., Donohoe, M., & Sougiannis, T. The Effects of Derivatives on the Informativeness of Analyst Research.

Honors and Awards

Department Executive Officer Fellow, Big Ten Academic Alliance, 2022 to present
PricewaterhouseCoopers LLP Faculty Fellowship, University of Illinois at Urbana-Champaign, 2013 to present
RC Data Analytics Scholar, University of Illinois at Urbana-Champaign, 2020-2022
Excellence in Undergraduate Teaching, University of Illinois at Urbana-Champaign, 2021
List of Teachers Ranked as Excellent by their Students, University of Illinois at Urbana-Champaign, 2012-2020

Service

Editor, The Accounting Review, 2020-2023

Teaching Interests

Federal taxation of business entities

Research Interests

The intersection of financial reporting and coprorate taxation using archival methods

Current Courses

Assurance and Attestation (ACCY 405) Conceptual introduction to diverse means by which assurers improve the quality of information used by third parties for contracting purposes, with emphases on the credibility- and relevance-enhancement properties of assurers' services. Topics include the economics of assurance and attestation, and concepts including independence, risk, evidence, and control. Projects facilitate self-discovery of knowledge and development of professional skills and attitudes.
Taxation of Bus Entities A (ACCY 507) This course provides an introduction to the U.S. federal income tax treatment of corporations and pass-through entities, including Subchapter S corporations, partnerships, and limited liability companies.
Taxation of Bus Entities B (ACCY 507) This course provides an introduction to the U.S. federal income tax treatment of corporations and pass-through entities, including Subchapter S corporations, partnerships, and limited liability companies.
Corporate Income Taxation (ACCY 551) Analyzes the tax treatment, problems, planning techniques, and underlying governmental policies involving corporations and their shareholders; coverage includes formations, operations, distributions, liquidations, reorganizations, and affiliations.