Louise Hayes

Biography

Louise Hayes is an Associate Professor in the Department of Management at the University of Guelph. Louise teaches accounting, audit and analytics. Her research deals with determinants of internal control and financial reporting quality. Prior to completing her PhD studies and joining the Lang School in 2014, Louise taught accounting for over twenty years at York University following seven years in public accounting where she focused on IT audit. Louise is a member of CPA Ontario and British Columbia and is a member of CPA Canada's Audit and Assurance Technology Committee.

• PhD Accounting, University of Waterloo
• CPA, CA, Institute of Chartered Accountants of British Columbia
• MBA Finance, University of British Columbia
• BSc Computer Science, University of British Columbia

Louise’s interest in financial reporting quality focuses on determinants of estimate changes, financial restatements and the reporting of internal control weaknesses. Methodologies used include text analtytics and machine learning.

• Beaulieu, P., L. Hayes, and L.M. Timoshenko. 2022. Changes in accounting estimates: An update of priors or an earnings management stragegy of "last resort"? Journal of Business Finance & Accounting
• Rodenburg, K., L. Hayes, L. Foti, and A. Pegoraro. 2021. Responsible Leadership in Sport: An Ethical Dilemma Societies
• Hayes, L. J. Lu, and D. Rezania. "An Empirical Study of the Relationship Between Capability Maturity and Firm Performance Across Industries"
• Hayes, L. and J.E. Boritz. 2021. Classifying Restatements: An Application of Machine Learning and Textual Analytics. Journal of Information Systems https://doi.org/10.2308/ISYS-19-003
• Boritz, J.E., L. Hayes, and L.M. Timoshenko. 2020. How Understandable are SOX 404 Auditors' Reports? International Journal of Accounting Information Systems 39 (December): 1-22.
• Hayes, L. 2019. Textual Analysis for Research in Professional Judgment and Decision Making, Audit and Assurance, Risk, Control, Governance and Regulation - Editorial. Managerial Auditing Journal 34(8): 865-870.
• Boritz, J.E., L. Hayes, and L.M. Timoshenko. 2016. "Determinants of Readability of SOX 404 Reports". Journal of Emerging Technologies in Accounting 13(2): 145-168.
• Boritz, J.E., L. Hayes, and J.H. Lim. 2013. “A content analysis of auditors’ reports on IT internal control weaknesses: The comparative advantages of an automated approach to control weakness identification”. International Journal of Accounting Information Systems 14(2): 138-163.
• Hayes, L. “Build it and they will come: the efficacy of creating standard websites for all courses”. 2007. International Journal of Learning Vol. 13(12): 185-192.

Working Papers:

• Hayes, L. and J.E. Boritz. "Do Differences in CFO Background Matter? An Application of Machine Learning and Textual Analytics"
• Hayes, L. J. Lu, and D. Rezania. "An Empirical Study of the Relationship Between Capability Maturity and Firm Performance Across Industries"