Lawrence Chui

Assistant Professor, Accounting

chui1052@stthomas.edu

(651) 962-5442

2115 Summit Ave
McNeely Hall 325
St. Paul, MN 55105

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

See publications in UST Research Online

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.

Summer 2015 Courses
Summer 2015 Courses
Crs - Sec Title Days Time Location
Fall 2015 Courses
Fall 2015 Courses
Crs - Sec Title Days Time Location
ACCT 210 - 08 Intro to Financial Accounting M - W - - - - 1335 - 1510 MCH 238
Description of course Intro to Financial Accounting : CRN: 42838
Financial accounting is an integral part of the planning, reporting and control functions of every business. Financial accounting data provide insights about the firm's financial condition, operating results, cash flows and capital structure to facilitate decision making. This course introduces the primary financial statements, fundamental financial accounting terminology and calculations, as well as the interpretation and analysis of financial statements. Ethical aspects of accounting are included. Prerequisites: Sophomore standing
Schedule Details
Location Time Day(s)
ACCT 316 - 01 Auditing M - W - - - - 1525 - 1700 MCH 238
Description of course Auditing : CRN: 42854
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 316 - 02 Auditing M - - - - - - 1730 - 2115 MCH 238
Description of course Auditing : CRN: 42855
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)
J-Term 2016 Courses
J-Term 2016 Courses
Crs - Sec Title Days Time Location
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 - Audit Section,
  • American Accounting Association - Public Interest Section,
  • American Accounting Association,

Publications
  • 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?. The 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

Books and Chapters

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

Awards and Honors
  • Deloitte Faculty Fellowship, 2014
  • Deloitte Faculty Fellowship, 2015
  • Deloitte Faculty Fellowship, 2016
  • OCB Accounting Department Professor of the Year, 2014

Presentations
  • "Green Tech Manufacturing Company: Fraud and the independent auditor" AAA - American Accounting Association Forensic Accounting Section, Denver, Colorado, March 01, 2015
  • "Embezzlement at the Grandview Community Recreation Association" AAA - American Accounting Association, Atlanta, Georgia, August 01, 2014
  • "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
  • "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
  • "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" 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
  • "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
  • "Insider trading from the internal auditor's perspective" Southwest Decision Sciences Institute, Oklahoma City, OK, Oklahoma, February 01, 2009
  • "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
  • "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
  • "How are your students learning?" AAA - American Accounting Association, San Antonio, Texas, January 01, 2006
  • "A theoretical review of judgment and decision making in auditing" AAA - American Accounting Association, San Antonio, Texas, January 01, 2006
  • "The effects of personality traits on women's advancement in public accounting" Asian Pacific Interdisciplinary Research in Accounting Conference, Osaka, Japan, January 01, 1998
  • "Advancement in public accounting: The effect of gender and personality traits" American Accounting Association, St. Louis, Missouri, January 01, 1998