Michael Maier, PhD, CPA, CGA

About

Education:

• PhD in Business Administration - University of Iowa
• BCom with Distinction - University of Alberta

Awards:

• 2015 Mackenzie MBA Teaching Excellence Award
• 2010 Mackenzie MBA Teaching Excellence Award

Professional Designations:

• Member of Chartered Professional Accountants of Alberta (CPA)
• Institute for Corporate Directors, Director (ICD.D)

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Research

Research Interests

• Experimental Economics
• Behavioral Finance
• Accounting Regulation
• Large Language Models in Financial Market Research
• Use of AI in Costing Models
• Fair-Value Accounting

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Teaching

Teaching Interests

• Financial Accounting
• Financial Statement Analysis
• Valuation

ACCTG 501 - Accounting for Managers

This course provides an integrated introduction to financial and managerial accounting, emphasizing the role of accounting information in reporting, planning, and decision-making. Students will learn the concepts and purposes underlying financial reporting, including the preparation and interpretation of key financial statements. Students are introduced to cost behaviour, activity-based costing, and the use of relevant financial data for decisions related to production, marketing, and capital budgeting. Additional topics include budgeting, variance analysis, performance evaluation, and management compensation systems, with an emphasis on aligning accounting systems with organizational strategy.

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ACCTG 820A - Accounting for Executives

Reporting of financial results of operations and financial positions to investors and managers; the use of accounting information for decision making. Restricted to Executive MBA students only.

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ACCTG 820B - Accounting for Executives

Reporting of financial results of operations and financial positions to investors and managers; the use of accounting information for decision making. Restricted to Executive MBA students only.

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BUS 850 - Executive Perspectives on Governance

This course explores the principles and practices of corporate governance from an executive perspective. Students examine the roles and responsibilities of boards, executives, and stakeholders in ensuring accountability, ethical leadership, and strategic oversight. Topics include governance frameworks, risk management, regulatory compliance, organizational ethics, and board-executive dynamics. Emphasis is placed on applying governance best practices to enhance organizational performance, resilience, and stakeholder trust. Restricted to Executive MBA students only.

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MMA 601 - Business Foundations and Strategic Decision Making

Students are introduced to business fundamentals in the first session followed by second session that delves deep into the dynamic world of data-driven strategy, cultivating invaluable skills in utilizing data to frame decisions effectively. Restricted to students registered in the MMA Program. Non-MMA students require consent of home dept and the Masters Programs Office.

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Browse more courses taught by Michael Maier

2011 to 2012

Awarded to support accounting research.

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Emergence of information aggregation to rational expectations equilibria in markets populated by biased heuristic traders. (2024) Journal of Economic Behavior & Organization,Volume 228. (with Karim Jamal and Shyam Sunder)

The cost of transfusing a unit of red blood cells: a costing model for Canadian hospital use. (2017). Vox Sanguinis ISBT Science Series, Vol 12 (3), June: 375-380. (with O. Lagerquist, D. Poseluzny, G. Werstiuk, J. Slomp, S. Nahirniak and G. Clarke)

Simple Agents, Intelligent Markets. (2017). Computational Economics, Vol 49 (4), April: 653-675. (with Karim Jamal and Shyam Sunder)

Environmental Liabilities and the Move to IFRS for Canadian Resource Companies: Discount Rates and Diversity in Practice. (2017). Accounting, Auditing and Accountability Journal (with Giovanna Michelon and Thomas Schneider) 

Public Information Precision and Coordination Failure: An Experiment. (2016). Journal of Accounting Research, Vol 54 (3), September: 941-986. (with Sanjay Banerjee)

Cognition in Spatial Dispersion Games. (2005) in Rami Zwick and Amnon Rapoport (Editors) Experimental Business Research, Volume III: Marketing, Accounting and Cognitive Perspectives, Kluwer, Nowell, MA. (with Andreas Blume and Douglas V. DeJong)

Enforced Standards Versus Evolution by General Acceptance: A Comparative Study of E-Commerce Privacy Disclosure and Practice in The US and UK. (2005). Journal of Accounting Research Vol 43 ( I), March: 73-96. (with Karim Jamal and Shyam Sunder)

Regulation and The Marketplace. (2004). Regulation Magazine. Vol 26 (4), Winter Issue. Published by The Cato Institute, Washington, D.C: January, pp 38·41 . (with Karim lamal and Shyam Sunder)

Privacy in E-Commerce: Development of Reporting Standards, Disclosure and Assurance Services in an Unregulated Market. (2003). Journal of Accounting Research, May. Vol 41 (2): 285-309. (with Karim Jamal and Shyam Sunder)

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2011 to 2015

"Does fair value accounting discipline markets or increase volatility and destabilize markets” Principal Investigator: Michael Maier Co-Applicants: Karim Jamal, Thomas Schneider

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2017 to 2019

Awarded by the University of Alberta Center for Teaching and Learning to support innovative teaching methodologies. Co-applicant: Emily Block

Sanjay Banerjee, Michael Maier

Journal of Accounting Research. 2016 January; 54 (3):941-986

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Karim Jamal, Michael Maier, Shyam Sunder

Journal of Accounting Research. 2005 January; 43 (1):73-96

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Karim Jamal, Michael Maier, Shyam Sunder

Journal of Accounting Research. 2003 January; 41 (2):285-309