Faculty Profile

Lili Sun

Title
Professor
Department
Accounting
College
College of Business

    

Education

PhD, University of Kansas, 2004.
Major: Business
Degree Specialization: Accounting and Information Systems
Dissertation Title: Three Essays on Audit Risk Assessment
BA, Peking University, 1998.
Major: Accounting and Finance

Current Scheduled Teaching*

ACCT 5110.001, Fundamentals of Accounting Research, Summer 2024
ACCT 5110.002, Fundamentals of Accounting Research, Summer 2024
ACCT 6950.703, Doctoral Dissertation, Spring 2024
ACCT 3120.003, Intermediate Accounting II, Spring 2024 Syllabus
ACCT 6010.001, Seminar on Advanced Topics in Accounting Research, Spring 2024 Syllabus

* Texas Education Code 51.974 (HB 2504) requires each institution of higher education to make available to the public, a syllabus for undergraduate lecture courses offered for credit by the institution.

Previous Scheduled Teaching*

ACCT 6950.701, Doctoral Dissertation, Fall 2023
ACCT 3120.001, Intermediate Accounting II, Fall 2023 Syllabus SPOT
ACCT 3120.002, Intermediate Accounting II, Fall 2023 Syllabus SPOT
ACCT 6950.753, Doctoral Dissertation, Summer 3W1 2023
ACCT 5110.001, Fundamentals of Accounting Research, Summer 5W2 2023 Syllabus SPOT
ACCT 5110.002, Fundamentals of Accounting Research, Summer 5W2 2023 Syllabus SPOT
ACCT 6950.703, Doctoral Dissertation, Spring 2023
ACCT 3120.003, Intermediate Accounting II, Spring 2023 Syllabus SPOT
ACCT 6950.701, Doctoral Dissertation, Fall 2022
ACCT 3120.002, Intermediate Accounting II, Fall 2022 Syllabus SPOT
ACCT 5110.001, Fundamentals of Accounting Research, Summer 5W2 2022 Syllabus SPOT
ACCT 5110.002, Fundamentals of Accounting Research, Summer 5W2 2022 Syllabus SPOT
ACCT 6950.703, Doctoral Dissertation, Spring 2022
ACCT 6010.001, Seminar on Advanced Topics in Accounting Research, Spring 2022 Syllabus SPOT
ACCT 6950.701, Doctoral Dissertation, Fall 2021
ACCT 6950.709, Doctoral Dissertation, Summer 5W2 2021
ACCT 5110.001, Fundamentals of Accounting Research, Summer 5W2 2021 Syllabus SPOT
ACCT 5110.002, Fundamentals of Accounting Research, Summer 5W2 2021 Syllabus SPOT
ACCT 6010.701, Seminar on Advanced Topics in Accounting Research, Summer 5W2 2021
ACCT 6950.703, Doctoral Dissertation, Spring 2021
ACCT 6940.766, Individual Research, Spring 2021
ACCT 3120.003, Intermediate Accounting II, Spring 2021 Syllabus SPOT
ACCT 6950.701, Doctoral Dissertation, Fall 2020
ACCT 6940.702, Individual Research, Fall 2020
ACCT 3120.001, Intermediate Accounting II, Fall 2020 Syllabus SPOT
ACCT 5110.001, Fundamentals of Accounting Research, Summer 5W2 2020 SPOT
ACCT 5110.002, Fundamentals of Accounting Research, Summer 5W2 2020 SPOT
ACCT 6010.701, Seminar on Advanced Topics in Accounting Research, Summer 5W2 2020
ACCT 6950.703, Doctoral Dissertation, Spring 2020
ACCT 6940.766, Individual Research, Spring 2020
ACCT 6010.001, Seminar on Advanced Topics in Accounting Research, Spring 2020
ACCT 6950.701, Doctoral Dissertation, Fall 2019
ACCT 6940.702, Individual Research, Fall 2019
ACCT 3120.003, Intermediate Accounting II, Fall 2019 Syllabus SPOT
ACCT 3120.004, Intermediate Accounting II, Fall 2019 Syllabus SPOT
ACCT 5110.001, Fundamentals of Accounting Research, Summer 5W2 2019 Syllabus SPOT
ACCT 5110.002, Fundamentals of Accounting Research, Summer 5W2 2019 Syllabus SPOT
ACCT 6010.701, Seminar on Advanced Topics in Accounting Research, Summer 5W2 2019
ACCT 6950.703, Doctoral Dissertation, Spring 2019
ACCT 6940.766, Individual Research, Spring 2019
ACCT 3120.001, Intermediate Accounting II, Spring 2019 Syllabus SPOT
ACCT 6900.703, Special Problems, Spring 2019
ACCT 6950.701, Doctoral Dissertation, Fall 2018
ACCT 5110.003, Fundamentals of Accounting Research, Fall 2018 SPOT
ACCT 3120.004, Intermediate Accounting II, Fall 2018 Syllabus SPOT
ACCT 6900.709, Special Problems, Fall 2018
ACCT 6950.703, Doctoral Dissertation, Spring 2018
ACCT 5110.001, Fundamentals of Accounting Research, Spring 2018 SPOT
ACCT 3996.001, Honors College Mentored Research Experience, Spring 2018
ACCT 3120.001, Intermediate Accounting II, Spring 2018 Syllabus SPOT
ACCT 6950.701, Doctoral Dissertation, Fall 2017
ACCT 5110.003, Fundamentals of Accounting Research, Fall 2017 SPOT
ACCT 6010.001, Seminar on Advanced Topics in Accounting Research, Fall 2017 SPOT
ACCT 5110.001, Fundamentals of Accounting Research, Spring 2017 SPOT
ACCT 6940.766, Individual Research, Spring 2017
ACCT 5110.001, Fundamentals of Accounting Research, Fall 2016 SPOT
ACCT 5110.002, Fundamentals of Accounting Research, Fall 2016 SPOT
ACCT 6940.702, Individual Research, Fall 2016
ACCT 6010.003, Seminar on Advanced Topics in Accounting Research, Summer 5W2 2016
ACCT 5110.001, Fundamentals of Accounting Research, Spring 2016 SPOT
ACCT 5110.002, Fundamentals of Accounting Research, Fall 2015 SPOT
ACCT 6010.001, Seminar on Advanced Topics in Accounting Research, Fall 2015 SPOT
ACCT 5110.001, Fundamentals of Accounting Research, Fall 2014
ACCT 5110.002, Fundamentals of Accounting Research, Fall 2014
ACCT 3120.001, Intermediate Accounting II, Fall 2014 Syllabus
ACCT 6950.701, Doctoral Dissertation, Summer 10W 2014
ACCT 6950.703, Doctoral Dissertation, Spring 2014
ACCT 5110.001, Fundamentals of Accounting Research, Spring 2014
ACCT 3120.001, Intermediate Accounting II, Spring 2014 Syllabus
ACCT 6950.701, Doctoral Dissertation, Fall 2013
ACCT 5110.001, Fundamentals of Accounting Research, Fall 2013
ACCT 5110.002, Fundamentals of Accounting Research, Fall 2013
ACCT 6950.701, Doctoral Dissertation, Summer 10W 2013
ACCT 5110.001, Fundamentals of Accounting Research, Spring 2013
ACCT 6940.766, Individual Research, Spring 2013
ACCT 3120.001, Intermediate Accounting II, Spring 2013 Syllabus
ACCT 5110.001, Fundamentals of Accounting Research, Fall 2012
ACCT 5110.002, Fundamentals of Accounting Research, Fall 2012
ACCT 3120.001, Intermediate Accounting II, Summer 3W1 2012 Syllabus
ACCT 5110.001, Fundamentals of Accounting Research, Spring 2012
ACCT 3120.006, Intermediate Accounting II, Spring 2012 Syllabus
ACCT 5110.001, Fundamentals of Accounting Research, Fall 2011
ACCT 5110.002, Fundamentals of Accounting Research, Fall 2011
ACCT 3120.001, Intermediate Accounting II, Spring 2011 Syllabus
ACCT 3120.005, Intermediate Accounting II, Spring 2011 Syllabus
ACCT 5760.001, Accountin, Business Analysis, and Valuation, Fall 2010
ACCT 3120.003, Intermediate Accounting II, Fall 2010 Syllabus
ACCT 3120.002, Intermediate Accounting II, Spring 2010 Syllabus
ACCT 3120.003, Intermediate Accounting II, Spring 2010 Syllabus
ACCT 3120.001, Intermediate Accounting II, Fall 2009 Syllabus
ACCT 3120.002, Intermediate Accounting II, Fall 2009 Syllabus
ACCT 3120.003, Intermediate Accounting II, Spring 2009 Syllabus
ACCT 3120.004, Intermediate Accounting II, Spring 2009 Syllabus
ACCT 3120.002, Intermediate Accounting II, Fall 2008 Syllabus
ACCT 3120.003, Intermediate Accounting II, Fall 2008 Syllabus

* Texas Education Code 51.974 (HB 2504) requires each institution of higher education to make available to the public, a syllabus for undergraduate lecture courses offered for credit by the institution.

Published Publications

Published Intellectual Contributions

Journal Article
Li, X., Sun, L. (2023). 2. High-Quality Auditor Presence and Informational Influence: Evidence from Investment Decisions of Firms Audited by Other Auditors. Auditing: A Journal Of Practice And Theory.
Fung, S., Raman, K., Sun, L., Xu, L. (2023). Clawback Adoptions, Actual Improvement in Financial Reporting Quality, and Management Earnings Forecasts. European Accounting Review. 39(1), .
Feng, M., Li, C., Raghunandan, K., Sun, L. (2022). Restating Internal Control Reports Following Financial Statement Restatements: Determinants and Consequences. Contemporary Accounting Research. 39(1), .
Ettredge, M., Sherwood, M., Sun, L. (2020). Office-Client Balance and Metro Audit Market Competition. Auditing: A Journal Of Practice And Theory. 39(4), 113-141.
Li, C., Raman, K., Sun, L., Yang, R. (2019). Does the 404 Audit Increase the Effectiveness of Additional Substantive Procedures for Clients with Ineffective ICFR?. Review of Quantitative Finance and Accounting.
Aghazadeh, S., Wang, Q., Sun, L., Yang, R. (2018). Investors’ Perception of CEO Overconfidence: Evidence from the Cost of Equity Capital. Review of Quantitative Finance and Accounting.
Ettredge, M., Sherwood, M., Sun, L. (2018). Effects of SOX 404(b) Implementation on Audit Fees by SEC Filer Size Category. Journal of Accounting and Public Policy. 37(1), 21-38.
Wu, D., Sun, L., Li, C., Raman, K. (2017). 1. The Effect of Ambiguity in an Auditing Standard on Auditor Independence: Evidence from Nonaudit Fees and SOX 404 Opinions. 13(1), 37-51. Hong Kong: Journal of Contemporary Accounting & Economics. http://www.sciencedirect.com/science/article/pii/S1815566917300073
Li, D., Ettredge, M., Sun, L. 2. Auditor Selection Following Auditor Turnover: Do Peers' Choices Matter?. Accounting, Organizations & Society. (57), 73-87.
Fung, S., Raman, K., Sun, L., Xu, L. (2015). Insider Sales and the Effectiveness of Clawback Adoptions in Mitigating Fraud Risk. Journal of Accounting and Public Policy.
Wu, D., Sun, L., Li, C., Raman, K. (2015). 2. The SOX 404 Internal Control Audit: Key Regulatory Events. Research in Accounting Regulation. 27(2), 160-164. Cleveland, Ohio: Case Western Reserve University. http://www.sciencedirect.com/science/article/pii/S1052045715000351
Gordon, E., Henry, E., Li, D., Sun, L. (2014). Management Guidance Pre- and Post- Restatement. Journal of Business Finance & Accounting.
Adeleye, T., Huang, M., Huang, Z., Sun, L. (2013). Predicting Loss for Large Construction Companies. Journal of Construction Engineering and Management. 139(9), 1224-1236.
Adeleye, T., Huang, M., Sun, L., Huang, Z. (2013). Predicting loss for large construction companies. Journal of Construction Engineering and Management. 139(9), 1224-1236. ASCE.
Gordon, E., Henry, E., Peytcheva, M., Sun, L. (2013). Discretionary Disclosure and the Market Reaction to Restatements. Review of Quantitative Finance and Accounting. 41(1), 75-110.
Krishnan, G., Sun, L., Wang, Q., Yang, R. (2013). Accruals Quality, Audit Fees, and Auditor Resignations. Auditing: A Journal Of Practice And Theory. 32(2), 147-169.
Alexander, R., Ettredge, M., Stone, M., Sun, L. (2011). Are mandatory disclosure decisions made strategically? The case of SAB 74 estimates preceding adoption of FIN 48. Research in Accounting Regulation. 23, 160-166.
Wang, Q., Ettredge, M., Huang, Y., Sun, L. (2011). Strategic Revelation of Differences in Segment Earnings Growth. Journal of Accounting and Public Policy. 30, 383-392.
Li, C., Sun, L., Ettredge, M. (2010). Financial Executive Quality, Financial Executive Turnover and Adverse SOX 404 Opinions. Journal of Accounting and Economics.
Ettredge, M. L., Scholz, S., Smith, K. R., Sun, L. (2010). How do Misstatements Begin? Evidence of Biased Financial Reporting Preceding Misstatements. Journal of Business Finance & Accounting.
Lee, C., Cai, B., Sun, L. (2009). The Impact of Auditors' Opinions, Macroeconomic and Industry Factors on Financial Distress Prediction: An Empirical Investigation. Review of Pacific Basin Financial Markets and Policies.
Mock, T. J., Sun, L., Srivastava, R. P., Vasarhelyi, M. (2009). An evidential reasoning approach to Sarbanes-Oxley mandated internal control risk assessment. International Journal of Accounting Information Systems.
Sun, L., Ettredge, M., Lee, P., Anandarajan, A. (2008). Is Earnings Fraud Associated With High Deferred Tax and/or Book Minus Tax Levels?. Auditing: A Journal Of Practice And Theory.
Sun, L., Shenoy, P. (2007). Using Bayesian Networks for Bankruptcy Prediction: Some Methodological Issues. European Journal of Operational Research. 180(2, 16), 738-753.
Sun, L. (2007). A Re-Evaluation of Auditors' Opinions Versus Statistical Models in Bankruptcy Prediction. Review of Quantitative Finance and Accounting. 28(1), 55-78.
Sun, L., Ettredge, M., Li, C. (2006). The Impact of SOX Section 404 Internal Control Quality Assessment on Audit Delay in the SOX Era. Auditing: A Journal Of Practice And Theory. 25(2), 1-23.
Sun, L., Srivastava, R., Mock, T. (2006). Risk Analysis of Information Systems Security: An Evidential Reasoning Approach. Journal of Management Information Systems. 22(3), 109-142.

Awarded Grants

Contracts, Grants and Sponsored Research

Grant - Research
Sun, L., "The College of Business PDI Fellowship Award," Funded. (20122012).
Sun, L., "Junior Faculty Summer Research Fellowship," $5000 Funded. (20102010).
Sun, L., "International Association for Accounting Education and Research, KPMG LLP, and the KPMG Foundation," $24000 Funded. (20092009).
Sun, L., "University of North Texas Research Enabling Grant Program (REG)," $5000 Funded. (20082008).
,
Overall
Summative Rating
Challenge and
Engagement Index
Response Rate

out of 5

out of 7
%
of
students responded
  • Overall Summative Rating (median):
    This rating represents the combined responses of students to the four global summative items and is presented to provide an overall index of the class’s quality. Overall summative statements include the following (response options include a Likert scale ranging from 5 = Excellent, 3 = Good, and 1= Very poor):
    • The course as a whole was
    • The course content was
    • The instructor’s contribution to the course was
    • The instructor’s effectiveness in teaching the subject matter was
  • Challenge and Engagement Index:
    This rating combines student responses to several SPOT items relating to how academically challenging students found the course to be and how engaged they were. Challenge and Engagement Index items include the following (response options include a Likert scale ranging from 7 = Much higher, 4 = Average, and 1 = Much lower):
    • Do you expect your grade in this course to be
    • The intellectual challenge presented was
    • The amount of effort you put into this course was
    • The amount of effort to succeed in this course was
    • Your involvement in course (doing assignments, attending classes, etc.) was
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