Matthew Bloomfield

Matthew Bloomfield
  • Assistant Professor of Accounting

Contact Information

  • office Address:

    1325 Steinberg Hall - Dietrich Hall
    3620 Locust Walk
    Philadelphia, PA 19104-6365

Research Interests: Accounting choices in oligopolistic industries; reporting quality/earnings management; incentives

Links: CV

Overview

Professor Bloomfield’s research is primarily focused on incentives, earnings management, and the interplay between product market considerations and accounting choices.

Professor Bloomfield received his PhD in Accounting from the University of Chicago’s Booth School of Business (Class of 2018), and his Bachelor’s Degrees in Statistics and Music Performance from the University of Michigan – Ann Arbor (Class of 2012).

Continue Reading

Teaching

ACCT 102 – Strategic Cost Analysis

The first part of the course presents alternative methods of preparing managerial accounting information, and the remainder of the course examines how these methods are used by companies. Managerial accounting is a company’s internal language, and is used for decision-making, production management, product design and pricing and for motivating and evaluating employees. Unless you understand managerial accounting, you cannot have a thorough understanding of a company’s internal operations. What you learn in this course will help you understand the operations of your future employer (and enable you to be more successful at your job), and help you understand other companies you encounter in your role as competitor, consultant, or investor.

 

Current Courses

  • ACCT102 - Strategic Cost Analysis

    Strategic Cost Analysis is the process of analyzing and managing costs in orderto improve the strategic position of the business. This goal can be accomplished by having a thorough understanding of which activities and costs support an organization's strategic position and which activities and costs either weaken it or have no impact. Subsequent cost management efforts can then focus on reducing or limiting expenditures on activities that add little or no strategic value, while increasing expenditures on activities that support the strategic position of the organization. Performance can then be evaluated to ensure that the chosen actions are taken, and that these actions are yielding improved strategic performance. Throughout the course, a strategic cost analysis and management framework will be applied across functions and organizations to highlight the cost analysis and performance evaluation methods available to forecast financial performance and improve strategic position.

    ACCT102002 ( Syllabus )

    ACCT102003 ( Syllabus )

    ACCT102004 ( Syllabus )

Past Courses

  • ACCT102 - STRATEGIC COST ANALYSIS

    Strategic Cost Analysis is the process of analyzing and managing costs in orderto improve the strategic position of the business. This goal can be accomplished by having a thorough understanding of which activities and costs support an organization's strategic position and which activities and costs either weaken it or have no impact. Subsequent cost management efforts can then focus on reducing or limiting expenditures on activities that add little or no strategic value, while increasing expenditures on activities that support the strategic position of the organization. Performance can then be evaluated to ensure that the chosen actions are taken, and that these actions are yielding improved strategic performance. Throughout the course, a strategic cost analysis and management framework will be applied across functions and organizations to highlight the cost analysis and performance evaluation methods available to forecast financial performance and improve strategic position.

Awards and Honors

Winner of Emerging Scholar Award, Carnegie Mellon Accounting Mini-Conference, 2016

Teaching Award for Exceptional Service to Executive MBA Program, University of Chicago, 2015

Ellis Bonoff Kohs Award for Orchestral Excellence, University of Chicago, 2014

First Place Winner of University of Chicago Biennial Concerto Competition, 2014

Ernest R. Wish Ph.D. Fellowship, University of Chicago, 2012

Angell Scholar, University of Michigan, 2012

    Knowledge@Wharton

    GameStop Fallout: Why Regulation Could Hurt Index Investing

    Regulators looking to prevent stock price manipulation must not harm the price discovery process that indexers depend on, says Wharton’s David Musto in an interview with Wharton Business Daily on SiriusXM.

    Knowledge @ Wharton - 3/2/2021
    What’s Mine Is Ours: How Consumption Is Changing

    Firms benefit when consumers feel they “own” a product. But in the sharing economy, goods and services are becoming more experiential and impermanent. New research co-authored by Wharton’s Deborah Small explains this shift and offers marketing strategies to help preserve that feeling of “mine.”

    Knowledge @ Wharton - 3/2/2021
    How Artificial Intelligence Can Slow the Spread of COVID-19

    A new machine-learning approach to COVID-19 testing that was developed by Wharton’s Hamsa Bastani and other experts has produced encouraging results in Greece by identifying more asymptomatic, infected travelers than what conventional random testing would have achieved.

    Knowledge @ Wharton - 3/2/2021