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Dear students,

the Chair of Accounting, esp. Management Accounting has immediate vacancies for student assistants. For more information, please click on the following link:


News from research

From 06th to 08th January 2022, the Management Accounting Section Midyear Meeting of the American Accounting Association was held virtually. The meeting included a doctoral colloquium and the main research conference.

The Chair for Accounting, especially Management Accounting, was represented at the conference with a presentation in a concurrent session. Lisa Knacker presented her joint project with Prof. Dr. Anna Rohlfing-Bastian entitled "Strategic Use of Tone in Disclosures". The project is about the strategic use of tone in reporting. They received valuable feedback for the project from their discussant Prof. Matthew Bloomfield (Wharton University of Pennsylvania) and the conference participants.

Fortunately, all research assistants from our chair were also accepted for the doctoral colloquium, which took place one day before the main conference. At 5 pm German time, we started with small rounds of introductions in breakout rooms. Since there were more than 50 PhD students from all over the world participating in the colloquium, these small groups were a good opportunity to get to know each other a bit better. This was followed by a panel discussion on "Pitching Your Research,", where four professors presented, among other things, valuable tips on formulating compelling research questions and selecting interesting research topics. In the next session on "Embracing Failure and Adversity,", panelists provided insight into failures in their careers. Here, they emphasized that such failures happen to everyone and that it is important to realize that every failure holds potential for learning and development.

Afterwards, the Institute of Management Accountants introduced itself. Subsequently, we worked with Ties de Kok from the University of Washington in an interactive workshop on the basics of text analysis with Python and discussed possible use cases in accounting. At the end of the colloquium, open questions were clarified in a roundtable Q&A with all participants. The colloquium gave us exciting insights and helpful advice. We hope to be able to attend next year as well (hopefully in presence then).


Prof. Dr. Anna Rohlfing-Bastian will be in a research semester during the winter term 2021/22.

Information about Corona for teachers

Together with Prof. Dr. Joachim Curtius and Vice President Prof. Dr. Manfred Schubert-Zsilavecz, Prof. Dr. Anna Rohlfing-Bastian reports in the lecture series "Corona-Wissen kompakt" for teachers on March 23, 2021 about the topic "Ventilation, air filtering, masks and rapid tests". A recording of the livestream (in German) can be found here: Link to the recording of March 23, 2021

Project „Costs of installing and operating mobile air filters in classrooms”

Prof. Dr. Anna Rohlfing-Bastian received funding within the “Goethe-Corona-Fonds” by the Friedrich Flick Förderungsstiftung for her research on the costs of mobile air filters in classrooms.

The concentration of aerosols in rooms is a fundamental factor for the infection risk with Coronavirus SARS-CoV-2. Scientific studies have shown that the installation of mobile air cleaners in classrooms can contribute to a significant reduction of aerosol concentrations and the resulting risk of infection with SARS-CoV-2. However, there is still a lack of clarity regarding the costs of installing and follow-up costs of operating mobile air cleaners. For schools and employers that cannot rely on home office, these costs are a highly relevant factor regarding their decision whether to invest in mobile air cleaners or not.

Within the funded project, the life-cycle costs of installing and operating different mobile air cleaners will be estimated. Besides the one-time cost of installation, yearly fixed costs (e.g., for maintenance) and variable operating costs (e.g., energy, filters, etc.) are considered in the calculation. Moreover, the noise exposure by the air cleaners installed in a room should be held below a threshold. The basic input data for the calculation will be collected through a survey that is sent out to manufacturers of mobile air cleaners in Europe.

In an optimization model, the cost-efficient configuration of air cleaners in a particular room will be calculated that provides compliance with a threshold for the relative risk of infection with SARS-CoV-2 compared to a reference room. The optimization will be presented in a web interface for users. After inserting some key data (size and number of persons in a room, possibilities of aeration, activities in the room, planned useful life of the air cleaners, etc.), the user will get information about the cost-efficient configuration with air cleaners of the room and information about the resulting total costs, costs per year, and costs per person per year. The results provide an individual recommendation for the installation of a particular fleet of air cleaners based on input parameters and increase the transparency of the costs associated with installing and operating this fleet (for schools e.g. expressed in Euros per pupil per year) which makes them useful for decision-makers.

More information:

Questions about courses winter semester 2020/21

We kindly ask you to use only your student e-mail account in your correspondence regarding courses in the winter semester 2020/21 by stating your name.

Change in module AICM

Dear students,

due to the changing requirements of the summer term, the module Accounting Information and Cost Management (AICM) can only be offered for a limited number of 50 students. We ask for your understanding that accordingly we have to change the registration process for the module on short notice. To participate in the course, please send an e-mail to knacker[at]econ.uni-frankfurt[dot]de between April 9, 2020 and April 22, 2020. We will accept participants on a first-come-first-served basis. Please also note the respective information in the LSF system.

Corona virus

Due to the current situation, the chair cannot be reached either personally or by telephone, but exclusively by e-mail.

DART-Workshop with the University of Graz at Goethe-University

On January 16-17, 2020 the annual Workshop of the "Doctoral Program in Accounting, Reporting, and Taxation" (DART, of the University of Graz was held at Goethe University. A couple of years ago, a formal contract has been established between the University of Graz and Goethe-University to cooperate in the education of doctoral students in accounting. Besides co-supervising doctoral theses and presentations in research seminars, this includes the regular participation of Goethe doctoral students at the DART-Workshop. This year, Georgii Aleksandrov (Chair of Prof. Dr. Bormann) presented a paper and Christopher Oehler (Chair of Prof. Dr. Nienhaus) as well as Leah Matzner (Chair of Prof. Dr. Rohlfing-Bastian) discussed a paper during the workshop. Moreover, the workshop was held for the first time at Goethe-University with Prof. Dr. Anna Rohlfing-Bastian as local organizer.

New publication in the Review of Accounting Studies

Teamwork is commonplace in today’s working environment – however, how large should a team be and how does the decision about team size depend on the compensation structure of the team members? This question is answered by Prof. Dr. Anna Rohlfing-Bastian and her co-authors Dr. Markus Nisch (Uni Frankfurt) and Prof. Dr. Oliver Dürr (Hochschule Esslingen) in an actual publication in the “Review of Accounting Studies”. In a formal model they show that moral hazard and uncertain productivity are limiting factors for team size. Moreover, the analysis sheds light on the optimal compensation structure in teams and the pay differential between workers and managers. You can find the article here:

Reviewer Award for Prof. Dr. Anna Rohlfing-Bastian

Prof. Dr. Anna Rohlfing-Bastian wins the Reviewer Award of the “Review of Accounting Studies” for the year 2019. The prize is awarded based on several factors such as the number of on-time reviews in the period from July 1, 2018 to June 30, 2019.

XX. Symposium for the Economic Analysis of the Enterprise

From 19th - 20th September 2019 the XX. Symposium on the Economic Analysis of the Enterprise of the GEABA e.V.  took place under the direction of Prof. Dr. Anna Rohlfing-Bastian at the WHU in Vallendar. The core theme of this year's symposium was "The Importance of Microeconomic Methods in Management", at which two panel discussions took place at the conference. Leah Matzner and Julian Langenhagen were also represented at the conference by the Chair of Accounting, particularly Management Accounting. Please see more information at


New Publication in the Review of Managerial Science

Why do not all companies use their possibilities of legal tax planning for tax-cutting purposes? This question goes to Prof. Dr. med. Anna Rohlfing-Bastian together with her co-authors Prof. Dr. Martin Jacob (WHU - Otto Beisheim School of Management) and Prof. Dr. Kai Sandner (Catholic University Eichstätt-Ingolstadt) in a recent publication in the journal Review of Managerial Science, in which she examines a model for tax planning in the company. Their findings show that internal moral hazard issues in work relationships between a company's owners and the CEO or the tax manager have an impact on tax incentives. This helps to explain why empirically substantial differences in the exploitation of corporate tax planning are observed. The article can be found here:


Collaborative Research Centre: "Accounting for Transparency"

The German Research Foundation (DFG) has approved the Collaborative Research Centre (SFB) "Accounting for Transparency" with a funding volume of approximately 12 million euros and launch in July 2019 for the next four years. The University of Paderborn, Humboldt-Universität zu Berlin and the University of Mannheim jointly applied for the SFB as a so-called Transregio. The Goethe University with Prof. Dr. Anna Rohlfing-Bastian as Principal Investigator is involved in one of the 23 projects of the SFB. For more information please visit the following website


From now on, the learning app BaccUp developped by our chair is available in the App Stores (iOS and Android) and as a web version ( The app serves as support for the event Accounting 1 (BACC). Additional information can be found here.

Lecture by Prof. Wayne Guay, PhD (Wharton School)

Prof. Wanye Guay, PhD, Professor of Accounting at Wharton School, University of Philadelphia, will be hosted by the Metzler Professorship from April 23th to May3rd 2019. He will give a lecture on "Corporate Governance Research -  Taking It to the Next Level" on Tuesday, April 30th (2.00  - 4.00 p.m., room RuW 3.201).

Practice lecture by Mr. Boris Grinberg (zeb)

On 21st January 2019 the lecture "Controlling by zeb" by Mr. Boris Grinberg took place as part of the course "Controlling and Cost Analysis (COKA)". It was about controlling in banks, focusing in particular on the design of transfer prices.

Practice lecture "Consulting by zeb"

On Monday, January 21, 2019, Mr. Boris Grinberg (Senior Manager zeb consulting) will give a talk on "Controlling by zeb". The event will take place from 10.15 to 11.45 in the HZ 09. Interested parties are invited, registration is not required.

Chair of the GEABA e.V.

As from 1st January 2019 Prof. Dr. Rohlfing-Bastian took over the chairmanship of the GEABA e.V. You will find more information here.

Chair of the GEABA e.V.

As of 1st January 2019 Prof. Dr. Rohlfing-Bastian took over the Chair of the GEABA e.V. You can find more information here.

Disputation of Mr. Markus Nisch

On 4th December 2018 the disputation of Mr. Markus Nisch took place at our chair. He presented his papers for 30 minutes. The first paper was a literature review on innovation management and innovation controlling. The second article examined how ideas are selected and pursued by employees. In his 3rd contribution, Mr. Nisch discussed in great detail how investors should invest in innovative projects. As examples, television formats such as "Cave of the Lions" and "Shark Tank" were mentioned. In the 4th contribution, the relationship between team size and incentive design was examined. After his presentation, the examining board asked critical questions. Overall, Mr. Nisch completed his dissertation with the top grade "summa cum laude".


Election of the Equal Opportunity Commission

On June 28, 2018, the election for the Gender Equality Council of Faculty 02 took place. Prof. Dr. Anna Rohlfing-Bastian was elected Gender Equality Commissioner for a second term in the status group of female professors.

Workshop on Accounting and Economics at the SKEMA Business School in Paris

From June 21-22, 2018, the 13th Workshop on Accounting and Economics took place at the SKEMA Business School in Paris. Prof. Dr. Anna Rohlfing-Bastian gave a presentation on Jon Glover's paper "Optimal Team Composition: Diversity to Foster Mutual Monitoring".

Research lecture Graz

On June 5, 2018, Prof. Dr. Anna Rohlfing-Bastian was invited by the colleagues of the University of Graz to the lecture in the local research colloquium. She presented the working paper "Optimal Vesting Conditions for Equity-based Compensation" (in co-ownership with Frederike Hinz) and received valuable feedback from the large accounting group in Graz.

News from Research

From May 30 to June 1, 2018, the 41st Annual Congress of the European Accounting Association (EAA) took place in Milan at Università Bocconi. The Chair of Management Accounting was represented with a lecture at the conference. Markus Nisch presented his project entitled "Interdependence of Capital and Incentive Provision".

Meeting of the Committee on Business Theory and Policy

From April 27 to 28, 2018, Prof. Dr. Anna Rohlfing-Bastian joined the meeting of the Committee for Business Theory and Policy, which this year was organized by Prof. Dr. Florian Englmaier in Munich. In addition to many other lectures, there was a very exciting talk on experiments in accounting by Prof. Dr. Ulrike Stefani.

Metzler Visiting Professorship of Prof. Dr. Wayne Guay

From April 9 to May 4, 2018, Prof. Dr. Wanye Guay, Professor of Accounting at Wharton School, University of Philadelphia, was a Metzler Visiting Professor at the HoF of the Goethe University. Prof. Guay held a Ph. D. student course entitled "Empirical Research in Executive Compensation: Executive Compensation, Corporate Governance, Corporate Transparency". He also gave a lecture on April 10, 2018, entitled "The Role of Executive Cash Bonuses in Providing Individual and Team Incentives."

News from Research

From 08th to 09th March 2018 the Chair for Accounting, especially Management Accounting, was represented at the 15th Annual Conference for Management Accounting Research (ACMAR) of the WHU Otto Beisheim School of Management in Vallendar, Germany by a lecture of Markus Nisch. He presented his co-project with Theresa Veer „The Role of Heuristics in Innovation Project Selection“.

News from Research

The Workshop of Doctoral Program in Accounting, Reporting, and Taxation (DART) from 25th to 26th of January 2018 in Mannheim, Germany. At the conference the Chair of Management Accounting was represented by three keynote speeches. Markus Nisch discussed tth project with the topic „Interdependence of Capital and Incentive Provision“, Frederike Hinz introduced the project from Negin Attar with the title „The Impact of Enforcement and Legal Systems Effectiveness on the Audit Incentives and Audit Quality under Precise and Vague Negligence Standards. leoMarkus Nisch presented the project "Interdepence of Capital and Incentive Provision". Julian Langenhagen acted as debater of the project from Claudia Langbauer und Felix Niggemann with the title „Strategic Auditing, Non-Audit Services, and Information Knowledge Spillovers - To Commit or Not to Commit?".