Bloomberg Businessweek Ranks Haas Accounting Program #3

The Haas School placed third in a ranking of the best undergraduate business schools for accounting released by Bloomberg Businessweek on April 22.

The ranking of 124 undergraduate business programs in the U.S. is based on an online survey of undergraduate business students from the class of 2013. BYU Brigham Young University ranked #1 followed by Notre Dame as #2.

Berkeley-Haas is the only school among the top 10 on the list that does not have a formal accounting program, major, or specific degree. See the rest of the rankings here.

Investor Beware: Stock Analysts’ Rounded Forecasts Are More Inaccurate and Upwardly Biased

In an era when a stock can take a beating if earnings fall a penny short of analysts' predictions, what factors influence whether forecasters seek precision to the penny or round off -- and how should their choice affect investors?

Berkeley-Haas Accounting Professor Patricia Dechow found that rounded forecasts are not only significantly more inaccurate than those that strive for penny-precision but also significantly more upwardly biased. Learn more.