Info
Associate Professor of Accounting
BELC, Room N137
Elena Precourt
Professor Precourt is an associate professor and researcher with a passion for financial analysis, corporate governance, and the evolving landscape of accounting standards. With extensive experience in both academia and industry, Professor Precourt brings a practical approach to teaching, emphasizing the real-world applications of accounting concepts. Her research focuses on the areas of corporate finance, accounting regulations and their impact on business decision-making. Professor Precourt has published numerous articles in academic journals and presented at conferences, contributing valuable insights to the field of accounting. As an educator, she is dedicated to inspiring the next generation of accounting professionals, helping students bridge the gap between theory and practice through engaging lectures and hands-on projects. Professor Precourt holds professional certifications such as Certified Public Accountant (CPA) and Certified Internal Auditor (CIA).
Degrees Awarded
Ph D, University of Rhode Island
MBA, University of Maine
BA, University of Maine
Ph D, University of Rhode Island
MBA, University of Maine
BA, University of Maine
Selected Publications
Oppenheimer, H. R., Precourt, E., Acquisitions of Bankrupt and Distressed Firms, International Journal of Bonds and Derivatives, 2016.
Oppenheimer, H. R., Precourt, E., What do Institutional Investors Know and Act on before Almost Everyone Else: Evidence from Corporate Bankruptcies, Journal of Accounting and Finance, 2015.
Asare, K., Folami, L., Precourt, E., Differential Informativeness of Accrual Measures to Analysts Forecast Accuracy, Forthcoming, Journal of Finance and Accountancy, 2020 .
Asare, K., Zbib, L., Kelly, M., Precourt, E., Do firms exploit performance and ability information to address adverse selection and moral hazard? , .
Precourt, E., Carchedi, D., Elkas, J., McCabe, K., The Effects of ASU 2014-09 on Breakage Revenue, .
Precourt, E., Dockter, S., Epp, N., Fitzsimmons, K., Examining the Relationship Between Restatements and Executive Compensation, .
Precourt, E., Doruska, E., Impact of an Adverse Internal Control Over Financial Reporting Opinion on Stock Price, .
Precourt, E., Downer, M., Analysis of Corporate Stock Buybacks, Stock Based Compensation, and Stock Prices, .
Precourt, E., Kovacs, G., Retirement Repurchases as a Signal of Future Performance, .
Precourt, E., Roohani, S., Doruska, E., Grenon, S., Greenhouse Gas Emissions: Unmasking Reporting Responsibilities Along the Value Chain, .
Precourt, E., Rustambekov, E., Visich, J., Inconvenient Truth: Bridging the Gap Between Practitioners and Academics, Journal of Business Strategies.
Precourt, E., Huang, X., Buybacks and Bytes: Share Repurchases and Firm Value in the Software Industry, Journal of Corporate Accounting and Finance, 2026.
Precourt, E., Concealing Distress: Financial Restatements in the Shadow of Bankruptcy, Journal of Financial Reporting and Accounting, 2026.
Precourt, E., Cullinan, C., Effectiveness of Online Learning in the HyFlex Educational Environment, Emerald Publishing Limited, 2026.
Precourt, E., Asare, K. N., Financial distress and corporate bankruptcy as triggers for goodwill write-downs, Quarterly Journal of Finance and Accounting, 2026.
Precourt, E., Rustambekov, E., Share Repurchasing Practices of Firms Approaching Bankruptcy, American Journal of Finance and Accounting, 2025.
Cullinan, C. P., Precourt, E., Axesstel: A Revenue Recognition Case, Journal of the Academy of Business Education, 2021.
Precourt, E., The Effect of the JOBS Act on Analyst Coverage of Emerging Growth Companies, Journal of Financial Regulation and Compliance, 2019.
Precourt, E., Gainor, M., Factors Affecting Classroom Participation and How Participation Leads to a Better Learning, Accounting Education, 2019.
Precourt, E., Oppenheimer, H., Do Institutional Investors Trade Consistently with Sell-Side Analyst Recommendations? Evidence from Corporate Bankruptcies., Quarterly Journal of Finance and Accounting, 2019.
Precourt, E., Cullinan, C., Zheng, X., Portfolio Liquidity and Share Turnover of Closed-end Mutual Funds, Journal of Accounting and Finance, 2018.
Gainor, M., Precourt, E., Taking Subjectivity out of Grading College Classroom Participation, Journal of the Academy of Business Education, 2017.
Precourt, E., Oppenheimer, H., Analyst Ratings for Firms Filing and Reorganizing under Chapter 11, Review of Accounting and Finance, 2017.
Oppenheimer, H. R., Precourt, E., Acquisitions of Bankrupt and Distressed Firms, International Journal of Bonds and Derivatives, 2016.
Oppenheimer, H. R., Precourt, E., What do Institutional Investors Know and Act on before Almost Everyone Else: Evidence from Corporate Bankruptcies, Journal of Accounting and Finance, 2015.
Asare, K., Folami, L., Precourt, E., Differential Informativeness of Accrual Measures to Analysts Forecast Accuracy, Forthcoming, Journal of Finance and Accountancy, 2020 .
Asare, K., Zbib, L., Kelly, M., Precourt, E., Do firms exploit performance and ability information to address adverse selection and moral hazard? , .
Precourt, E., Carchedi, D., Elkas, J., McCabe, K., The Effects of ASU 2014-09 on Breakage Revenue, .
Precourt, E., Dockter, S., Epp, N., Fitzsimmons, K., Examining the Relationship Between Restatements and Executive Compensation, .
Precourt, E., Doruska, E., Impact of an Adverse Internal Control Over Financial Reporting Opinion on Stock Price, .
Precourt, E., Downer, M., Analysis of Corporate Stock Buybacks, Stock Based Compensation, and Stock Prices, .
Precourt, E., Kovacs, G., Retirement Repurchases as a Signal of Future Performance, .
Precourt, E., Roohani, S., Doruska, E., Grenon, S., Greenhouse Gas Emissions: Unmasking Reporting Responsibilities Along the Value Chain, .
Precourt, E., Rustambekov, E., Visich, J., Inconvenient Truth: Bridging the Gap Between Practitioners and Academics, Journal of Business Strategies.
Precourt, E., Huang, X., Buybacks and Bytes: Share Repurchases and Firm Value in the Software Industry, Journal of Corporate Accounting and Finance, 2026.
Precourt, E., Concealing Distress: Financial Restatements in the Shadow of Bankruptcy, Journal of Financial Reporting and Accounting, 2026.
Precourt, E., Cullinan, C., Effectiveness of Online Learning in the HyFlex Educational Environment, Emerald Publishing Limited, 2026.
Precourt, E., Asare, K. N., Financial distress and corporate bankruptcy as triggers for goodwill write-downs, Quarterly Journal of Finance and Accounting, 2026.
Precourt, E., Rustambekov, E., Share Repurchasing Practices of Firms Approaching Bankruptcy, American Journal of Finance and Accounting, 2025.
Cullinan, C. P., Precourt, E., Axesstel: A Revenue Recognition Case, Journal of the Academy of Business Education, 2021.
Precourt, E., The Effect of the JOBS Act on Analyst Coverage of Emerging Growth Companies, Journal of Financial Regulation and Compliance, 2019.
Precourt, E., Gainor, M., Factors Affecting Classroom Participation and How Participation Leads to a Better Learning, Accounting Education, 2019.
Precourt, E., Oppenheimer, H., Do Institutional Investors Trade Consistently with Sell-Side Analyst Recommendations? Evidence from Corporate Bankruptcies., Quarterly Journal of Finance and Accounting, 2019.
Precourt, E., Cullinan, C., Zheng, X., Portfolio Liquidity and Share Turnover of Closed-end Mutual Funds, Journal of Accounting and Finance, 2018.
Gainor, M., Precourt, E., Taking Subjectivity out of Grading College Classroom Participation, Journal of the Academy of Business Education, 2017.
Precourt, E., Oppenheimer, H., Analyst Ratings for Firms Filing and Reorganizing under Chapter 11, Review of Accounting and Finance, 2017.
Awards and Honors
Merit award, 2024
Merit award, 2021
Merit Award, 2018
Research Award, 2016
Summer Research Stipend, 2016
Summer Research Stipend, 2015
Enhancement of Graduate Research Award , 2012
Merit award, 2024
Merit award, 2021
Merit Award, 2018
Research Award, 2016
Summer Research Stipend, 2016
Summer Research Stipend, 2015
Enhancement of Graduate Research Award , 2012
Teaching Interests
Financial Accounting, Research and Communication.
Financial Accounting, Research and Communication.
Research Interests
Analyst Recommendations and Earnings Forecasts, Mergers and Acquisitions, Capital Structure, Initial Public Offering, Bankruptcy and Financial Distress, Institutional Trading.
Analyst Recommendations and Earnings Forecasts, Mergers and Acquisitions, Capital Structure, Initial Public Offering, Bankruptcy and Financial Distress, Institutional Trading.
Professional Memberships
Rhode Island Association of Accounting Professors
American Accounting Association
The Institute of Internal Auditors
Rhode Island Association of Accounting Professors
American Accounting Association
Financial Management Association
The Institute of Internal Auditors
Rhode Island Association of Accounting Professors
American Accounting Association
The Institute of Internal Auditors
Rhode Island Association of Accounting Professors
American Accounting Association
Financial Management Association
The Institute of Internal Auditors