Profile


Il-woon Kim, Ph.D.

Il-woon Kim, Ph.D.

Title: Professor of Accounting & International Business
Department: GW Daverio School of Accountancy
Office: CBA 262
Phone: (330) 972-7461
Email: ikim@uakron.edu


Education:

  • Ph.D. University of Nebraska, Lincoln, Nebraska, Accounting Major, Finance Minor
  • M.B.A. Arizona State University, Tempe, Arizona
  • B.B.A. Yonsei University, Seoul, Korea

Biography

Professional & Academic Experience:

Professional Experience

  • 1996-Present: Professor of Accounting & International Business, The University of Akron, Akron, Ohio
    • Member of Graduate Faculty
    • Undergraduate Courses Taught:
      • Accounting I (6200:201)
      • Accounting II (6200:202)
      • Cost Accounting (6200:301)
      • International Financial Report & Analysis (6200:408)
      • Advanced Managerial Accounting (6200:460)
    • Graduate Courses Taught:
      • Financial Accounting (6200:601)
      • Process Analyses and Cost Management (6200:610)
      • Cost Concepts and Control (6200:670)
      • International Accounting (6200:680)
      • Special Topics (6700:696)
    • Executive MBA Courses Taught:
      • Managerial Accounting for Decision Making (6750: 621)
      • International Accounting & Reporting (6750: 622)
      • Strategic Cost Management (aSSIST)
      • Management Accounting & Control (aSSIST)
  • 2000-present: Academic Mentor, Institute of Management Accountants, Montvale, New Jersey.
  • Summer 2000: Visiting Professor to Stuttgart University, Stuttgart, Germany
  • 1999-present : Council Member, Gerson Lehrman Group, Inc., New York, New York.
  • 1997-present : Academic Associate, Consortium of Advanced Management – International (CAM-I), Austin, Texas.
  • 1996-Present: Associate Director, Institute for Global Business, College of Business Administration, The University of Akron, Akron, Ohio
  • 1995-1996: Professor of Accounting, The University of Akron, Akron, Ohio
  • Fall 1993 & Spring 1994: Visiting Professor to Yonsei University, Seoul, Korea
  • December 1993-February 1994: Visiting Professor to Kobe-Gakuin University, Kobe, Japan
  • 1990-1995: Associate Professor of Accounting, The University of Akron, Akron, Ohio
  • Spring/Summer 1992: Acting Director, International Business Program, College of Business Administration, The University of Akron, Akron, Ohio
  • 1986-1990: Assistant Professor of Accounting, The University of Akron, Akron, Ohio
  • 1984-1985: Instructor in Accounting, University of Nebraska, Lincoln, Nebraska
  • 1983-1984: Teaching Assistant in Accounting, University of Nebraska, Lincoln, Nebraska
  • 1981-1982: Teaching Assistant in Accounting, University of Iowa, Iowa City, Iowa
  • 1975-1978: Senior Staff in the Accounting/Finance Department, Doosan Corp., Seoul, Korea

Teaching Interests:

  • Management Accounting and Control
  • Cost Accounting
  • International Accounting

Research Interests:

  • Target cost management; Theory of constraints; Accounting practices in different countries; Performance evaluation systems; Balanced scorecard; Application of data mining to auditing; Japanese management systems


Research Accomplishments

Refereed Journal Articles

  • “Profiling Companies with Internal Control Material Weaknesses Using the Data Mining Decision Tree Model,” Korean Journal of Management Accounting Research (June 2009); pp. 75-94, with J. Cheh and C. Moon.
  • “Relationship between Organizational Capabilities and Performance of Target Costing: An Empirical studies of Japanese Companies,” Journal of International Business Research, forthcoming, with K. Yook and S. Huh.
  • “Implementation of the Balanced Scorecard at Barberton Citizens Hospital,” The Journal of Corporate Accounting and Finance (March/April 2008); pp. 57-63, with Josey Chuck.
  • “An Analysis of the Factors Affecting the Analysts’ Superiority in Earnings Forecast for the Korean Stock Market,” Global Business and Finance Review (Spring 2007); 63-80, with C. Park.
  • "An Application of Self-Organizing Maps to Financial Structure Analysis of Keiretsu versus Non-Keiretsu Firms in Japan" Review of Pacific Basin Financial Markets and Policies (Vol. 9, No. 3, 2006); 405-429, with John Cheh and Evgeny A. Lapshin
  • "Information Technology Content in Management Accounting Curriculum," Management Accounting Quarterly, (Fall 2006); 49-56, with Akhilesh Chandra and John Cheh.
  • "Implementing Activity-Based Costing in the Banking Industry," Bank Accounting & Finance (April-May 2006); 29-34, with Jeffrey Witherite.
  • "Balanced Scorecard at Summa Health System," The Journal of Corporate Accounting and Finance (July/August 2005): 65-72, with Heather Smith.
  • "Target Costing in the Construction Industry: Evidence from Japan," Construction Accounting & Taxation (May/June 2005), 5-18, with Keun-Hyo Yook and Takeo Yoshikawa.
  • "Using the Cam-I Diagnostic To Evaluate Readiness for Target Costing," Cost Management (May/June 2005), 41-48, with Dan W. Swenson and Thomas E. Buttros.
  • "Japanese Target Costing: A Historical Perspective," International Journal of Strategic Cost Management (Spring 2004), pp. 10-19, with Patrick Feil and Keun-hyo Yook.
  • "Best Practices in Target Costing," Management Accounting Quarterly (Winter 2003), pp. 12-17, with S. Ansari, J. Bell, and D. Swenson.
  • "How Large Corporations Use Data Mining to Create Value," Management Accounting Quarterly (Winter 2003), pp. 1-11, with Tom Caldron and John Cheh.
  • "Evaluating the Impact of Credit Risk on Emerging Market Stock Returns," American Business Review (June 2003), pp. 81-86, with H. Ramcharran.
  • "Target Costing Practices in the U.S.," Controlling (November 2002), pp. 607-614, with S. Ansari, J. Bell, and D. Swenson.
  • "Linking Key Success Factors and Employee Attitudes to Performance of Cellular Manufacturing Systems," Global Business and Finance Review (Spring 2002), with K. Yook.
  • "Information Technology and Performance of Financial Companies in South Korea," Applied Journal of Business (Spring 2001), pp. 83-96, with Tom Calderon and S. Seo.
  • "Educating for the Future (A Note)," Controlling (November 2000), University of Stuttgart, Stuttgart,Germany, pp. 565-6.
  • "Accounting Models in Product Warranty: Development and Sensitivity Analysis," Advances in Mathematical Programming and Financial Planning (Volume 5, 1999), pp. 61-80, with J. Patankar and A. Mitra.
  • "Target Costing: Lessons from Japan," International Journal of Strategic Cost Management (Autumn 1999), pp. 3-11, with Ansari, Bell, and Swenson.
  • "Harmonization of International Accounting Standards: An Empirical Analysis of Japanese Firms," Global Business and Finance Review, (Fall 1999), pp. 48-54, W. Kwak and S. Huh.
  • "Activity-based Management and Corporate Downsizing," Journal of Cost Management (May/June 1998), pp. 13-19.

Conference Proceedings

  • “Using Data Mining to Identify Companies with Internal Control Material Weaknesses,” Proceedings of International Conference on Business and Information, July 6-8, 2009, Kuala Lumpur, Malaysia, with J. Cheh and C. Moon.
  • “Finding Determinants of Internal Control Weakness,” Proceedings of Seventeenth Annual Research Workshop on Artificial Intelligence and Emerging Technologies in Accounting, Auditing and Tax, American Accounting Association,August 2, 2008, Anaheim CA, with J. Cheh and J. Lee.
  • “Decision Rules for Predicting Companies with Sarbanes-Oxley Act Internal Control Weaknesses,” Proceedings of International Conference on Business and Information, July 7-9, 2008, Seoul, Korea, with J. Cheh and J. Lee.
  • “Relationship between Organizational Capabilities and Performance of Target Costing: An Empirical Study of Japanese Companies,” Proceedings of International Conference of The Allied Academies, October 4-5, 2007, Reno, Nevada, with K. Yook and S. Huh.
  • “An Empirical Study on Organizational Capabilities and Performance of Target Costing,” Proceedings of International Conference on Business and Information, July 12, 2007, Tokyo, Japan, with K. Yook.
  • “Analysis and Prediction of Material Weakness Companies under Section 404 of the Sarbanes-Oxley Act,” Proceedings of Ohio American Accounting Association, May 12, 2007, with John Cheh.
  • "Preliminary Findings on Predicting Material Weakness Companies under Section 404 of the Sarbanes-Oxley Act - Comparison of Data Mining Models" Proceedings of Fifteenth Annual Research Workshop on Artificial Intelligence and Emerging Technologies in Accounting, Auditing and Tax, August 5, 2006, with John Cheh and Hyun-ki Moon.
  • "A Survey on Financial Leverage," Proceedings of INFORMS International Meeting June 22-24, 2006, Hong Kong, with S. Huh.
  • "IT and Management Accounting", Proceedings of the National AAA Annual Meeting, August 26-28, 2004, with A. Chandra and J. Cheh.
  • "Technology in Management Accounting Curriculum," Proceedings of AAA Ohio Regional Meeting, May 1-3, 2003, with John Cheh.
  • "Target Costing Practices in Japan," Proceedings of Asian-Pacific Conference on International Accounting Issues, November 23-26, 2002, with S. Huh.
  • "Target Costing: A Historical Perspective," Proceedings of Hawaii Conference on Business, June 14-16, 2001, with S. Huh.
  • "Target Costing Practices in Germany," Proceedings of INFORMS, June 19-21, 2000, Seoul, Korea, with Patrick Feil.
  • "International Studies on Target Costing, Proceedings of the Annual Cost Management Congress, November 15-17, 1999, New Orleans.
  • "An Assessment of the Contribution of Information Technology to Financial Performance: The Case of Commercial Banks in Korea," Proceedings of Asian-Pacific Decision Sciences Conference, June 9-12, 1999 Shanghai, China, with T. Calderon and S. Seo.
  • "Warranty Practices in the United Kingdom," Proceedings of INFORMS, April 29 - May 6, 1999, Cincinnati, Ohio, with J. Brierly.
  • "Synchronous Manufacturing: A Production Scheduling Technique Based on Theory on Constraints," Proceedings of the Pan-Pacific Conference, June 1-3, 1998, Seoul, Korea, with K. Choe.
  • "Foreign Banks in South Korea: An empirical Study," Proceedings of the Pan-Pacific Conference, June 1-3, 1998, Seoul, Korea, with J. Jin and S. Huh.
  • "Harmonization of International Accounting Standards: An empirical Analysis of Japanese Firms," Proceedings of the Pan-Pacific Conference, June 1-3, 1998, Seoul, Korea, with K. S. Huh and W. Kwak.
  • "Warranty Practices in Service Industry," Proceedings of the Annual Meeting of INFORMS, April 26-29, Montreal, Canada, with J. Patankar.

Books and Monographs

  • Target Costing Phase II Implementation Practice Report, Consortium of Advanced Manufacturing - International, March 2000, with T. Buttross and D. Swenson.
  • Target Costing Best Practice Study, Consortium of Advanced Manufacturing - International, February 1999, with Ansari, Bell, and Swenson.
  • Strategic Cost Management, (Korean), Beebong Publishing Company, February 1997, with T. Ahn, et al.
  • Introduction to Theory of Constraints, (Korean), Baeksan Publishing Co., Seoul, Korea, 1994, with M. Chang.
  • An Investor's Guide to the Korean Capital Market, (English), Quorum Books, Inc., 1992, with T. Yoon.
  • Making Effective Investment Decisions on Advanced Manufacturing Technology: A Practical Approach, (Korean), The Korean Chamber of Commerce & Industry, 1990, with Ja Song.
  • Advanced Manufacturing Technology and Management Accounting Practices in Korea, U.S.A., and Japan: A Comparative Study, (Korean), The Korean Chamber of Commerce & Industry, 1989, with Ja Song.

Awards:

  • Research Excellence Award: College of Business Administration, University of Akron, 2010.
  • Best Paper Award, International Conference on Business and Information, 2009.
  • Zodrow Research Scholar, 2008.
  • Member, Beta Gamma Sigma, 2008.
  • Award of Appreciation, Akron Chapter of Institute of Management Accountants, 2008
  • Distinguished Research Award, Allied Academies, 2007
  • Award of Appreciation, Korean Consulate General in Chicago, 2006.
  • Excellence in Education Award, Ohio Magazine, December 2006.
  • Distinguished Researcher Award, Alumni Association, The University of Akron, May, 2006.
  • KPMG Faculty Fellow, 2005.
  • Distinguished Alumni Award, College of Business and Economics, Yonsei University, December 2004.
  • Certified expert in theory of constraints, TOC International Certification Organization, 2003.
  • Certificate of Merit, The Institute of Management Accountants, Spring 2003.
  • Certificate of Merit, The Institute of Management Accountants, Summer 2003.
  • The Martin S. Smith - Cascade Award, The Akron Chapter, The Institute of Management Accountants, Fall 1998.
  • The Martin S. Smith - Cascade Award, The Akron Chapter, The Institute of Management Accountants, Fall 1997.
  • Award of Appreciation, The Office of International Programs, The University of Akron, Summer 1997.
  • Award of Appreciation, The IMA Student Chapter, The University of Akron, Spring 1993.
  • Award of Gratitude, The International Business Association, The University of Akron, Spring 1992.
  • Award of Appreciation, Victory Business Club of Korea, February 8, 1992.
  • Member-of-the-Year, The Akron Chapter, The National Association of Accountants, 1989-1990.
  • Certificate of Merit, The National Association of Accountants, May 1990.
  • Member-of-the-Year, The Akron Cascade Chapter, The National Association of Accountants, 1988-1989.
  • Received Full Scholarship for Foreign Students, Arizona State University, Tempe, Arizona, 1978-1980.
  • Graduated with Honors, Yonsei University, Seoul, Korea, 1976.

Professional Service:

  • CAM-I (Consortium of Advanced Management – International): Academic Associate of CAM-I for 17 years and made significant contributions to the development of target cost management in the U.S. and Japan. For last three years, Also instrumental in creating CAM-I Korea and CAM-I Japan as independent branches of CAM-I. Annual CAM-I Japan conference is held in May and CAM-I Korea Conference in October.
  • TOC-ICO (Theory of Constraint International Certification Organization): Certified in three areas in TOC: operational management, finance and measures, and thinking process. beside working for Finance & Measures Committee as a committee member in promoting TOC research, developing certification exams, and grading the exams. Recently, he translated the exams into the Korean language.