Thomas Carnes

Thomas Carnes

Professor of Accounting

Department: Accounting/Finance
Phone: (706) 238-7948
Campus Box: 495024
Location: Green 219


  • Ph.D., Accounting, Florida State University
  • M.Acc., Taxation, Florida State University
  • B.A., International Relations, Hampden-Sydney College
  • Certified Public Accountant, Florida 

Teaching Interests

  • Financial Accounting
  • Managerial Accounting 

Research Interests

  • Earnings Forecasting
  • Accounting Information as a Regulatory Mechanism

Selected Publications

  • "Investor Education: How Plan Sponsors Should Report Your Returns," with Ken Johnston and John Hatem. Managerial Finance, (Vol. 36, 354-363).

  • "Does the Net Flow of Funds Help To Predict the S&P 500 Index?" with Michael Mosebach and Mohammad Najand, Advances in Financial Planning and Forecasting, 2008 (Vol. 3, 191-208).

  • "International accounting diversity and the long-term success of cross-border mergers and acquisitions," with Ervin L. Black, Thomas Jandik and Charlene Henderson, Journal of Business, Finance and Accounting, 2007, (Vol. 34, Nos. 1-2, 139-168).

  •  "Analysts' Forecasts in Asian Markets: The Relationship Between Accounting Systems and Accuracy," with Ervin L. Black, Journal of International Financial Management and Accounting, 2006 (Vol. 17, No. 3, 208-227).

  • "Unexpected Changes in Quarterly Financial-Statement Line Items and Their Relationship to Stock Prices," Academy of Accounting and Financial Studies Journal, 2006 (Vol. 10, No. 3, 99-116).

  • "The Structure of Bank Debt Contracts," with Ervin L. Black, Michael Mosebach and Susan E. Moyer, Journal of Accounting and Economics, September 2004 (Vol. 37, No. 3, 367-391).

  • "The Time-Series Properties of Financial-Statement Line Items," Advances in Quantitative Analysis of Finance and Accounting, 2004 (Vol. 1, 61-84).

  • "Does Adoption Of JIT Lead to More accurate Forecasts of Earnings?" with Timothy B. Biggart, Katherine J. Marker and Jefferson P. Jones, International Journal of Forecasting, October-December 2003 (Vol. 19, No. 4, 743-750).

  • "The Effects of JIT Adoption on Earnings Quality," with Jefferson P. Jones and Timothy B. Biggart, Journal of Accounting and Finance Research, Summer 2003 (Vol. 11, No. 3, 9-19).

  • "The Information Content of Cash Flows from Operations in the Thai Capital Market," with Kay Narktabetee and Ervin L. Black, Asia-Pacific Journal of Accounting and Economics, June 2002 (Vol. 9, No. 1, 1-16).

  • "Are Recurring Nonrecurring Items Value-Relevant?" with Ervin L. Black Vernon Richardson, Review of Quantitative Finance and Accounting, December 2000, (Vol. 15, No. 4, 391-411).

  • "The Value-Relevance of Firm Reputation," with Ervin L. Black and Vernon Richardson, Corporate Reputation Review, Spring 2000 (Vol. 3, No. 1, 31-42).
  • "Sources of Nonfinancial Accounting Information," with Timothy B. Biggart and Katherine J. Barker, Accounting Enquiries, Fall/Winter 1999-2000 (Vol. 9, No. 1, 101-128).

Professional Associations

  • American Accounting Association