Lawrence Chui

Assistant Professor, Accounting

chui1052@stthomas.edu

(651) 962-5442

2110 Summit Ave
McNeely Hall 325
St. Paul, MN 55105

Ph.D., Accounting, University of North Texas
M.Acc., Accountancy, Truman State University
B.S.B.A., Finance, Truman State University

See my articles and publications

Lawrence Chui's research focuses on improving auditors' judgment and decision performance. Specifically, he aims to develop tools that help auditors assess fraud risk more effectively. Most recently, he has examined the differences in mindset between financial statement auditors and forensic specialists to identify factors that would improve an auditor's ability to address potential fraud in company financial statements.

Chui summarizes his teaching philosophy in three words: professionalism, enthusiasm and compassion. Professionalism includes having the expertise in the field, exploring new teaching methods and preparing students for their careers. Enthusiasm requires the incorporation of humor, real world examples and a holistic view of business to bring to life the subject of accounting. Compassion is about having high expectations for students, learning about their lives and motivating them to overcome challenges.

Fall 2014 Courses
Fall 2014 Courses
Crs - Sec Title Days Time Location
ACCT 210 - 04 Intro to Financial Accounting M - W - F - - 0815 - 0920 MCH 116
Description of course Intro to Financial Accounting : CRN: 42613
This course introduces the financial accounting cycle; the four primary financial statements for U.S. corporations; basic accounting, valuation, and disclosure requirements for assets, liabilities, equities, revenues, and expenses; and financial statement analysis. Prerequisites: Sophomore standing

Schedule Details

Location Time Day(s)
ACCT 210 - 05 Intro to Financial Accounting M - W - F - - 0935 - 1040 MCH 116
Description of course Intro to Financial Accounting : CRN: 42614
This course introduces the financial accounting cycle; the four primary financial statements for U.S. corporations; basic accounting, valuation, and disclosure requirements for assets, liabilities, equities, revenues, and expenses; and financial statement analysis. Prerequisites: Sophomore standing

Schedule Details

Location Time Day(s)
ACCT 210 - 07 Intro to Financial Accounting M - W - - - - 1335 - 1510 MCH 236
Description of course Intro to Financial Accounting : CRN: 42616
This course introduces the financial accounting cycle; the four primary financial statements for U.S. corporations; basic accounting, valuation, and disclosure requirements for assets, liabilities, equities, revenues, and expenses; and financial statement analysis. Prerequisites: Sophomore standing

Schedule Details

Location Time Day(s)
J-Term 2015 Courses
J-Term 2015 Courses
Crs - Sec Title Days Time Location
Spring 2015 Courses
Spring 2015 Courses
Crs - Sec Title Days Time Location
ACCT 316 - 01 Auditing M - W - - - - 1335 - 1510 MCH 117
Description of course Auditing : CRN: 21890
Studies the basis for the auditor's report. Emphasis is on risk analysis, internal control review, audit evidence and procedures, and sampling. Case analysis is used to develop analytic and judgment skills and to enhance communication skills. Prerequisite: A minimum grade of C- in ACCT 312

Schedule Details

Location Time Day(s)
ACCT 717 - 201 Auditing - - W - - - - 1800 - 2100
Description of course Auditing : CRN: 21908
This course addresses the independent auditor's role and function. Topics include auditing standards, risk assessment, internal control, transaction cycles, evidence, procedures and reports. Ethical considerations and the legal responsibilities of auditors are also discussed. -- Prerequisite: Standard core courses and ACCT702

Schedule Details

Location Time Day(s)
Academic and Professional Positions
  • Assistant Professor, University of St. Thomas, St. Paul / Minneapolis (2010 - present)
  • Teaching Fellow, University of North Texas, Denton (2005 - 2010)
  • Staff Accountant, Truman State University, Kirksville (2003 - 2005)
  • Adjunct Instructor, Moberly Area Community College, Kirksville (2003 - 2005)
  • Admission Clerk, Northeast Regional Medical Center, Kirksville (2002 - 2003)
  • Business Specialist / Internal Auditor, Missouri Department of Transportation, Macon (2003 - 2003)
  • Graduate Teaching Assistant, Truman State University, Kirksville (2001 - 2002)
  • Auditor, Missouri State Auditor's Office, Jefferson City (2001 - 2001)
  • Financial Analyst / Intern, Boone Hospital Center, Columbia (2000 - 2000)
  • Administrative Research Assistant, Northeast Regional Medical Center, Kirksville (1999 - 1999)

Professional Service
  • American Accounting Association,

Major Works
  • Chui, L., & Pike, B. J. (2013). Auditors' responsibility for fraud detection: New wine in old bottles?. Journal of Forensic and Investigative Accounting, (5)(1), pp. 204-233
  • Chui, L., Pike, B. J., & Martin, K. A. (2013). A quasi-experimental assessment of interactive student response systems on student confidence, effort, and course performance. Journal of Accounting Education, (31)(1), pp. 17-30
  • Pike, B., Chui, L., & Curtis, M. B. (2013). How does an initial expectation bias influence auditors' application and performance of analytical procedures?. Accounting Review, (88)(4), pp. 1413-1431
  • Curtis, M. B., Canover, T., & Chui, L. (2012). A cross cultural study of the influence of country of origin, justice, power distance and gender on ethical decision making. Journal of International Accounting Research, (11)(1), pp. 5-34
  • Pike, B., & Chui, L. (2012). An evaluation of the FASB's conceptual framework from a user's perspective. Academy of Accounting and Financial Studies Journal, (16)(1), pp. 77-94
  • Taylor, E. Z., Curtiss, M. B., & Chui, L. (2012). Staff auditors' observations of questionable peer behavior: The view from the other side. The CPA Journal, (82)(6), pp. 66-71
  • Chui, L., & Curtis, M. B. (2010). Intrepreneurs and innovation. Strategic Finance, (92)(5), pp. 49-53

Research Interests
  • Accounting
  • Auditing
  • Fraud Detection
  • International Ethics

Awards and Honors
  • OCB Accounting Department Professor of the Year, 2014

Presentations
  • "Intention to champion continuous monitoring: A study of intrapreneurial in innovation in organizations" American Accounting Association, Atlanta, Georgia, August 01, 2014
  • "External auditors' involvement in the internal audit function work plan and subsequent reliance before and after a negative audit discovery" OCB Faculty Research Symposium, Minneapolis, Minnesota, April 01, 2014
  • "Embezzlement at the Grandview Community Recreation Association" American Accounting Association Forensic and Investigative Accounting Research Conference, San Antonio, Texas, March 01, 2014
  • "A personal story of an international student's experience" UST Student Affairs - Soup and Substance, Saint Paul, Minnesota, October 23, 2013
  • "Taxable income in financial reporting: Is transparency needed?" OCB Faculty Research Symposium, Minneapolis, Minnesota, April 01, 2013
  • "The effects of fraud specialist mindsets on fraud risk assessments and on the development of fraud related problem representations" Victoria University of Wellington, New Zealand, April 01, 2013
  • "The effects of audit and forensic mindsets on fraud risk assessments and on the development of fraud-related problem representations" University of Melbourne, Australia, April 01, 2013
  • "TThe effects of fraud specialist mindsets on fraud risk assessments and on the development of fraud related problem representations" American Accounting Association Forensic and Investigative, Chicago, IL, March 01, 2012
  • "The effects of fraud specialist mindsets on fraud risk assessments and on the development of fraud related problem representations" American Accounting Association Audit, Savannah, GA, January 01, 2012
  • "Auditors' responsibility for fraud detection: New wine in old bottles?" Forensic & Investigative Accounting Conference, New Orleans, Louisiana, March 01, 2011
  • "Berle and Means reconsidered: Implications for twenty first century accounting research" AAA - American Accounting Association, Chicago, Illinois, March 01, 2011
  • "Anchoring extended: Does the knowledge of unaudited account balances adversely affect the performance of substantive analytical procedures?" AAA - American Accounting Association, Albuquerque, New Mexico, January 01, 2011
  • "The bloom is off the rose: Deprofessionalization in accounting" AAA - American Accounting Association, Albuquerque, New Mexico, January 01, 2011
  • "An experimental approach to evaluate the effectiveness of interactive student response system on students' learning performance" AAA - American Accounting Association Midwest Regional, Chicago, Illinois, October 01, 2010
  • "An examination of user's reliance on financial statement in connection with the FASB conceptual framework for accounting" Southwest Decision Sciences Institute, Oklahoma City, Oklahoma, February 01, 2009
  • "Insider trading from the internal auditor's perspective" Southwest Decision Sciences Institute, Oklahoma City, OK, Oklahoma, February 01, 2009
  • "Turning a blind eye and deaf ear to Berle and Means' managerial power thesis: Assessing corporate scandals and audit failures at the turn of the 21st century" AAA - American Accounting Association, Anaheim, California, August 01, 2008
  • "The influence of groupthink and mood on auditor's risk taking behavior in the audit judgment and decision making process" AAA - ABO Research Conference, Philadelphia, Pennsylvania, October 01, 2007
  • "A theoretical review of judgment and decision making in auditing" AAA - American Accounting Association, San Antonio, Texas, January 01, 2006
  • "How are your students learning?" AAA - American Accounting Association, San Antonio, Texas, January 01, 2006