Stephan Fafatas Larry and Sally Lawrence Term Associate Professor of Accounting

Stephan Fafatas

Holekamp 113
Curriculum Vitae

Professor Fafatas joined the Williams School faculty in 2006 after completing his Ph.D. in Accounting at the University of Colorado. His primary teaching focus is financial accounting and financial statement analysis. Professor Fafatas recently developed a spring term class that explores topics related to accounting history and received the 2014 Innovation in Accounting History Education award from the Academy of Accounting Historians.

Research by Professor Fafatas focuses on issues in earnings quality and auditor reputation. His previous work includes analyzing the effects of audit failures on client financial reporting practices, as well as the use of audit fees as a measure of Big Four market shares. More recent research by Professor Fafatas focuses on the relationship between ethical citizenship rankings and financial reporting quality, as well as corporate disclosure choice.

Professor Fafatas obtained his CPA license in Texas and prior to joining academics he worked for Arthur Andersen in Houston. He lives in Lexington with his wife, Angie, and their three children, Sophia, Dean, and Zoe Evelyn.


Ph.D. in accounting, University of Colorado at Boulder (2006)

M.S., in accounting, Texas A&M University (1998)

B.B.A. in accounting, Texas A&M University (1997)


Capital markets research related to earnings quality, audit markets, and auditor reputation. Accounting history.


Introductory financial accounting, financial statement analysis, and topics in accounting history