William L. Buslepp
Associate Professor & PhD Advisor
Department of Accounting
Contact
buslepp@lsu.edu
225-578-0497
2734 Business Education Complex
Education
PhD Accounting, Florida State University, 2009
MBA Accounting, Michigan State University, 1998
BA Accounting, Michigan State University, 1998
William (Bill) Buslepp joined the faculty in 2016. He earned his PhD in Accounting from Florida State University and his BA and MBA in Accounting from Michigan State University. Prior to pursuing an academic career, he worked in assurance and consulting services with Arthur Andersen and PricewaterhouseCoopers and later served as an International Accounting Manager for Sensient Technologies Corporation.
His research examines the role of financial intermediaries in capital markets, with a particular focus on auditing, regulation, and how stakeholders use and respond to information produced by auditors and regulators. Much of his work explores the effects of the Public Company Accounting Oversight Board's (PCAOB) oversight and enforcement activities on audit firms, clients, and investors.
Bill's research has been published in leading accounting journals, including The Accounting Review, Accounting, Organizations and Society, Auditing: A Journal of Practice & Theory, Journal of Accounting and Public Policy, and Journal of Accounting, Auditing & Finance.
Abbott, L. J., R. Barber, W. L. Buslepp and P. Sapkota. 2025. Debt dispersion and auditor reporting: evidence from going concern report modifications. Forthcoming Auditing: A Journal of Practice & Theory.
Buslepp, W. L., R. J. Casey and G. R. Huston. 2024. Did they get what they paid for? The Global Analyst Research Settlement and analyst research quality. Advances in Accounting (66): 1-13.
Abbott, L. J., D. Barr-Pulliam, W. L. Buslepp and S. Parker. 2024. The real effects of internal audit function quality: evidence from investment strategies. Journal of Accounting, Auditing, & Finance 39 (2): 540-567.
Abbott, L. J., R. Barber, W. L. Buslepp and P. Sapkota. 2023. Is audit partner identification useful? Evidence from the KPMG ‘steal the exam’ scandal. Auditing: A Journal of Practice & Theory 42 (2): 1-22.
Abbott, L. J., W. L. Buslepp, J. R. Moon and L. Swenson. 2023. SEO discounting and PCAOB inspection reports. Auditing: A Journal of Practice & Theory 42 (2): 23-51.
Abbott, L. J., and W. L. Buslepp. 2021. An investigation of the market’s perception and pricing of auditor competence: evidence from PwC’s Oscars blunder. Accounting, Organizations and Society 98: 1-18.
Abbott, L. J., C. Boland, W. L. Buslepp and S. McCarthy. 2021. U.S. Audit partner identification and auditor reporting. Journal of Accounting and Public Policy 41 (1): 1-22.
Abbott, L. J., and W. L. Buslepp. 2021. The impact of the PCAOB triennial inspection process on inspection year and non-inspection year audits. Auditing: A Journal of Practice & Theory 40 (2): 1-22.
Buslepp, W. L., J. Legoria, R. Rosa and D. L. Shaw. 2019. Misclassification of audit-related fees as a measure of internal control quality. Advances in Accounting 46: 1-10.
Buslepp, W. L., R. J. DeLisle and L. Victoravich. 2018. Does Part II of the PCAOB inspection report provide new information to the market? A re-examination of prior evidence. Managerial Auditing Journal 33: (8/9).
Abbott, L. J., W. L. Buslepp and M. A. Notbohm. 2018. The audit market effects of disputing a GAAP-deficient PCAOB inspection report. Advances in Accounting 41: 126-140.
Billings, B. K. and W. L. Buslepp. 2016. Strategic management guidance and insider trading activities. Journal of Accounting and Public Policy 35 (1): 84-104.
Billings, B. K., W. L. Buslepp and G. R. Huston. 2014. Worth the hype? The relevance of paid- for analyst research for the buy-and-hold investor. The Accounting Review 89 (3) 903-931.
Bailey C., W. L. Buslepp, S. Buchheit, and G. Fleischman. 2014. Successful efforts versus full cost accounting: A size-based misconception? Oil, Gas & Energy Quarterly 62 (4): 649- 659.
Buslepp, W. L., L. M. Victoravich, T. Xu, and H. Grove. 2011. CEO power, equity incentives, and bank risk taking. Banking and Finance Review 3 (2): 105-120.
Teaching Interests: Auditing, Accounting Information Systems, Intermediate Accounting
Research Interests: Financial intermediaries (auditors and financial analysts)
Abbott, L. J., W. L. Buslepp and A. J. Imdieke. Do critical audit matters provide decision-relevant information to investors? Evidence from merger and acquisition announcements.
Abbott, L. J., W. L. Buslepp, B. Marquardt, and S. Merrell. Does an audit office’s quality control system impact audit quality? Evidence from audit report errors.
Abbott, L. J., R. Barber, W. L. Buslepp and P. Sapkota. Can bad news be good news? Investor reactions to going concern critical audit matters.
Buslepp, W. L., Abbott, L. J., Moon, J. R., and Swenson, L. (2018). SEO Underpricing and PCAOB Inspection Reports: Do Investors Use PCAOB Inspection Information?
Buslepp, W. L., Abbott, L. J., Sapkota, P., and Barber, R. (2021). Do Investors Find Audit Partner Identification Useful? Evidence from the KPMG 'Steal the Exam' Scandal
Buslepp, W. L., Abbott, L. J, Barr-Pulliam, D., and Parker, S. (2021). The Real Effects of Internal Audit Function Quality: Evidence from investment Efficiency
Buslepp, W. L. and Abbott, L. J. (2018). An Investigation of the Market's Perception and Pricing of Auditor Competence: Evidence from PwC's Oscars Blunder
Buslepp, W. L., Abbott, L. J, and Brown, V. L (2018). A Night at the Oscars: A Case Study on the Impact of Social Media on an Auditor's Professional Identity
Buslepp, W. L. and Sapkota, P. (2018). Do Investors Prefer a PCAOB-Registered Auditor? An Analysis Using Reg A+ Offerings