Chair of
International Accounting

Prof. Dr. Martin Schimdt, Chair Owner of the Accounting chair, Berlin campus, ESCPFinancial reporting, in all of its forms, is crucial for the functioning of capital markets, and functioning capital markets are conductive to general welfare. Financial statements are the most important instrument for a firm to communicate with its shareholders and other market participants. Trust in financial statements is enhanced by the assurance provided through the statutory audit of financial statements. In Europe, other types of reports in addition to financial statements, are also important: Management reports and reports on environmental and corporate social responsibility. International Financial Reporting Standards (IFRS) have become the language of financial reporting that is spoken across the world. Learn the language, and join the conversation!

- Prof. Dr. Martin Schmidt

The team

From left to right: Prof. Dr. Martin Schmidt, Barbara Lutz, Mateusz Tokarski

CV - Prof. Dr. Martin Schmidt

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Teaching
We offer the following courses:

Master in
Management

  • International Financial Reporting
  • Advanced International Financial Accounting
  • Essential topics for the CFO
  • Sustainability in Financial Reporting
Go to the programme

SALES 4.0
MSc in International Sales Management

  • Financial Accounting and Reporting
Go to the programme

MSc in
International Sustainability Management

  • Integrated Reporting
Go to the programme

EMBA
Executive MBA

  • Financial Accounting
  • Sustainability and Reporting
Go to the programme

PhD
Programme

  • Empirical Data Collection Methods
See more

Research

Research approach

The empirical research focuses on financial accounting and auditing in accordance with national and international standards. A broad range of research methods is used, including archival methods (capital market-oriented, auditor’s working papers), surveys, and experimental designs.

The research is published in high-quality international journals, such as The Accounting Review, the European Accounting Review, Auditing: A Journal of Theory & Practice, Accounting & Business Research, The International Journal of Accounting, the Journal of Business, Finance & Accounting, and Accounting in Europe.

Besides scholarly research, contributions to practice are published. Examples include the application of international accounting standards and the audit of financial statements and assurance on other types of reports, such as interim reports or CSR reports.

Research topics

Judgement and Decision-Making in Auditing

Behavioural research analyses factors that influence judgement and decision-making (JDM) in auditing. High-quality JDM is crucial for assurance provided by statutory audits and thus, for functioning capital markets.

Financial Reporting Quality

Various factors influence the level of financial reporting quality. A high level of financial reporting quality and compliance with financial reporting standards is crucial for functioning capital markets.

Impact of Culture in Financial Reporting

There are different layers of culture (e.g., national, professional, organizational) that impact the way in which financial reporting standards are applied, and financial information is processed.

Focus on:
Last Publications

2017

What drives the consequences of intentional misstatements? Evidence from rating analysts’ reactions, Journal of Business Finance & Accounting 44 (1/2), 295–333 (with Martin Bierey)

2014

Misstatements in Financial Statements: The Relationship between Inherent and Control Risk Factors and Audit Adjustments, Auditing: A Journal of Practice and Theory 33 (4), 247–269 (with Klaus Ruhnke)

Publications
Find an overview

Display:
90 publications

Academic Articles

2024

SCHMIDT, M.

IASB/ED/2023/5: Klassifizierung von Finanzinstrumenten als Eigenkapital oder Fremdkapital beim Emittenten. IAS 32 als „Cold Case“ des IASB

WIRTSCHAFTSPRUFUNG (DIE), 2/2024, 147-155

Academic Articles

2024

BIEREY, M., M. SCHMIDT, M. TOKARSKI

Why Do Firms Issue Hybrid Bonds?

EUROPEAN ACCOUNTING REVIEW (THE)

Academic Articles

2024

SCHMIDT, M.

Instandhaltungen im Rahmen von Leasingverträgen

ZEITSCHRIFT FUR INTERNATIONALE RECHNUNGSLEGUNG - IRZ, 2024 (4), 159-165

Academic Articles

2024

SCHMIDT, M.

Klassifizierung von hybriden ewigen Anleihen mit Rückzahlungsbedingungen

ZEITSCHRIFT FUR INTERNATIONALE RECHNUNGSLEGUNG - IRZ, July/August, 293–296

ESCP Impact Papers

2024

HOSSFELD, C., A. LE MANH, M. SCHMIDT, F. , G. VENUTI

The Big Bang in EU Sustainability Reporting

ESCP Impact Papers, 2024-57-EN

Other Intellectual Contributions

2024

SCHMIDT, M.

Wesentlichkeit von Tochterunternehmen in der Finanz- und Nachhaltigkeitsberichterstattung

DER BETRIEB, (2024) 40-41, 2445-2450

Academic Articles

2023

SCHMIDT, M., P. , M. PRONOBIS

Legal-Tech-Geschäftsmodelle: Überlegungen zur Bilanzierung nach IFRS und Blick in die internationale Bilanzierungspraxis

WIRTSCHAFTSPRUFUNG (DIE), 10/2023, 573–580

Academic Articles

2023

SCHMIDT, M.

Rückstellungen für verlustbringende Angebote im B2B-Geschäftsverkehr? Der Saldierungsbereich von Drohverlustrückstellungen

ZEITSCHRIFT FUR INTERNATIONALE RECHNUNGSLEGUNG - IRZ, 2023 (9), 367–370

Academic Articles

2023

SCHMIDT, M.

Beendigung des Cash-Flow-Hedge-Accounting bei Veräußerung eines Tochterunternehmens, Zeitschrift für internationale Rechnungslegung

ZEITSCHRIFT FUR INTERNATIONALE RECHNUNGSLEGUNG - IRZ, 2023 (10), 379-382

ESCP Impact Papers

2022

HOSSFELD, C., M. SCHMIDT, F. , G. VENUTI

International sustainability reporting standards: Competition or complementarity between different organizations and approaches?

ESCP Impact Papers, 2022-18-EN, 128–138

Team and contact

Prof. Dr. Martin Schmidt, Chair owner, Chair of International Accounting, Berlin Campus, ESCP

Prof. Dr. Martin Schmidt

Chair of International Accounting
mschmidt@escp.eu
Barbara Lutz, Chair Assistant, Chair of International Accounting, Berlin Campus, ESCP

Barbara Lutz

Assistant
blutz@escp.eu
Mateusz Tokarski, Research Assistant, Chair of International Accounting, Berlin Campus, ESCP

Mateusz Tokarski

Research assistant / PhD student
mtokarski@escp.eu
Katrin Bonk, PhD student, Chair of International Accounting, Berlin Campus, ESCP

Katrin Bonk

PhD student
kbonk@escp.eu
Dr. Martin Bierey, Adjunct Researcher, Chair of International Accounting, Berlin Campus, ESCP

Dr. Martin Bierey

Adjunct Researcher
mbierey@escp.eu
Dr. Stephanie Jana, Adjunct Researcher, Berlin Campus, ESCP

Dr. Stephanie Jana

Adjunct Researcher
sjana@escp.eu