Carolyn Levine

Associate Professor of Accounting, Rutgers Business School

Professor Levine examines and evaluates financial reporting regulation, with a focus on disclosure rules and enforcement. She has worked on projects related to the impact of: SOX on auditor independence;  mandatory public disclosure of trades on insider trading profits and information dissimulation; the minimum distribution requirement on charitable giving; and capital gains tax policy on disclosure credibility.  Dr. Levine has a Ph.D. from Carnegie Mellon University and has served on the editorial board of several accounting journals.  She is currently an associate editor at the Journal of Accounting, Auditing, and Finance.

Courses Taught

Public Financial Management Spring 2017 On-Campus
Instructor: Carolyn Levine
Course Section: 001
Day(s): Tuesday
Time: 1:30pm-4:30pm
Course Location: On-Campus
Course Description:

This course provides an introduction to the fundamentals of accounting and budgeting for government and nonprofit organizations. The course is designed for students with little or no background in financial reporting, budgeting and financial management. “Accounting and budgeting must be recognized as separate systems that must interact in a complementary manner if managers are to exercise control of the financial resources of their organizations (Garner, 1991).” Guided by the premise above, the course naturally divides into two parts In the first, students are introduced to basic financial reporting concepts. The course will provide a foundation in the State and Local Government accounting and financial reporting model. Students will analyze Comprehensive Annual Financial Reports (the main filings required for state and local governments) and focus on the aspects and objectives that make reporting for governments unique. Students will develop a framework for evaluating performance and operating results of governments. In the second part of the course, students will focus on budgeting, which is central to the successful operation of government organizations. Government budgets are expressions of public policy and carry the authority of the law. The course examines budget formulation and development, forecasting, budget adoption and budget evaluation Students will be trained to determine whether organizations are effectively using their resources while meeting their legal requirements and social responsibilities. This course satisfies a core requirement in the Master of Public Administration and the Certificate in Public Finance.

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Contact Information

Fels Institute of Government
University of Pennsylvania
3814 Walnut Street
Philadelphia, PA 19104

Phone: (215) 898-2600
Fax: (215) 746-2829