Ph.D.–University of WisconsinB.B.A.–University of Georgia
Dana R. Hermanson is Dinos Eminent Scholar Chair of Private Enterprise and Professor of Accounting in the Coles College of Business at Kennesaw State University. He serves as a Research Fellow of the Corporate Governance Center at the University of Tennessee and of the Enterprise Risk Management Initiative at North Carolina State University. Dana serves on the Advisory Boards of Oversight Systems, Inc. and the Atlanta Chapter of NACD. He also serves on the faculty of the Cox Family Enterprise Center at Kennesaw State.
Dana has received several awards for his contributions in research, teaching, and professional service, including being named to the 2003 Georgia Trend Magazine “40 Under 40” List of the Best and Brightest Young Georgians and the Atlanta Business Chronicle 2004 “Who’s Who in Accounting.” He also received the 1999 Kennesaw State University Distinguished Scholar Award and the 2000 Kennesaw State University Distinguished Service Award, and he was a Finalist for the 2001 Kennesaw State University Distinguished Graduate Teaching Award. Using Full Credit Articles or Co-author Adjusted Articles as the measure, Dana was cited as the most prolific author in the U.S. in 40 accounting journals from the 1993 Accounting Ph.D. class (Hasselback, Reinstein, and Schwan, Advances in Accounting, 2003).
Dana’s research addresses issues related to auditing, corporate governance, information technology, and accounting education. He has authored or co-authored nearly 200 publications on business topics. Dana has published in such journals as Contemporary Accounting Research, Auditing: A Journal of Practice & Theory, Journal of Accounting and Public Policy, Journal of Accounting Literature, Accounting Horizons, Behavioral Research in Accounting, Journal of Information Systems, Issues in Accounting Education, Journal of Accountancy, The CPA Journal, Internal Auditor, and Strategic Finance.
Dana currently serves or previously has served on the Editorial Boards of Auditing: A Journal of Practice & Theory, Accounting Horizons, Issues in Accounting Education, Journal of Forensic Accounting, Internal Auditing (Contributing Editor), and Journal of Executive Education. He is Co-Editor of Current Issues in Auditing and Associate Editor of Accounting Horizons.
Dana’s research, letters, or quotes have appeared in such outlets as Newsweek, The Wall Street Journal, Business Week, Harvard Business Review, USA Today, Investor’s Business Daily, The Washington Post, Dow Jones Newswire, Bloomberg, Barron’s, Fortune, Associated Press, Reuters, CBS Market Watch, Kiplinger, Christian Science Monitor, Atlanta Journal/Constitution, LA Times, Baltimore Sun, Bureau of National Affairs, National Post, The Globe and Mail, Financial Executive, Compliance Week, CFO Magazine, Business Finance Magazine, Computerworld, Accounting Today, and Corporate Financing Week. He has appeared on Georgia Business Report, a GPTV program, and NPR, and his work has been profiled on AP Radio.
Dana is co-author of a study performed for the Committee of Sponsoring Organizations of the Treadway Commission (COSO), Fraudulent Financial Reporting: 1987-1997, An Analysis of U.S. Public Companies. The study examines approximately 200 financial fraud cases and offers insights for improving financial reporting. The results of the study apparently have influenced NYSE and NASDAQ listing requirements, as well as SEC disclosure rules, for smaller public companies. The study has been cited in several SEC publications, including Staff Accounting Bulletin No. 101, Revenue Recognition in Financial Statements and Final Rule: Audit Committee Disclosure, and has been cited in Congressional testimony. Dana also is co-author of the AICPA monograph, Fraud-Related SEC Enforcement Actions Against Auditors: 1987-1997.
Dana is co-author of 21st Century Governance and Financial Reporting Principles issued in March 2002 by the Corporate Governance Center at Kennesaw State University. The Governance Principles have been endorsed by the Institute of Internal Auditors, presented to the New York Stock Exchange, and sent to members of Congress and the White House.
Dana was a member of the National Association of Corporate Directors Blue Ribbon Commission on Audit Committees. The Commission developed recommendations for improving audit committee performance and released its report in September 1999. He also was a member of the Auditing Standards Board’s Anti-Fraud Detection Subgroup, which wrote the Appendix to SAS No. 99, Management Antifraud Programs and Controls: Guidance to Help Prevent, Deter, and Detect Fraud. He has served as Chair of the Auditing Standards Committee of the AAA’s Auditing Section, and he was a member of the Technical Working Group for the West Virginia University / Department of Justice Forensic Accounting Curriculum Development project.
Dana is a member of the American Accounting Association, Institute of Internal Auditors, and National Association of Corporate Directors. Dana received a BBA (First Honor Graduate, valedictorian) in accounting from the University of Georgia and a Ph.D. from the University of Wisconsin. Prior to entering the Ph.D. program, he worked as an auditor in the Atlanta office of Ernst & Young. Dana earned the Silver Medal in Georgia on the May 1986 CPA Exam.
Dana is married (Heather) and has two sons (Tim and Will). He enjoys working out and is active at North Metro Church.