Professor | Accounting and Information Systems
Richard J. Johnson Chair of the Department of Accounting and Information Systems, Robert Beyer Professor in Accounting
4108 Grainger Hall
(608) 262-4239

Biography

Mark Covaleski is the Richard J. Johnson Chair of the Department of Accounting and Information Systems and the Robert Beyer Professor of Managerial Accounting and Control in the Wisconsin School of Business at the University of Wisconsin-Madison. Covaleski's research pertains to the use of accounting information for planning and control in organizations and society. His teaching is primarily in the area of strategic cost management, managerial accounting, and health care financial management.
He teaches at the undergraduate, graduate, and executive levels in the business school, and at the graduate and executive levels in UW-Madison’s School of Medicine and Public Health. Covaleski received his Ph.D. from Pennsylvania State University, MBA from the University of Utah, and B.S. from Gannon University. Covaleski is a CPA in the State of Wisconsin.

Research

Selected Accepted Journal Articles

Covaleski, M. (2019). Critical Realism in Management Accounting Research: The Relevance of the Work of John R. Commons Journal of Management Accounting Research

Mark, C. & Mark, D. & Sajay, S. (2015). Analysing and Interpreting Qualitative Data in Accounting Research The Routledge Companion to Qualitative Accounting Research Methods

Mark, C. & Mark, D. & Sajay, S. (2015). Social Constructionist Research in Accounting: A Reflection on the Accounting Profession The Routledge Companion to Qualitative Accounting Research Methods

Hoque, Z. & Lee, P. & Mark, C. & Kathryn, H. (2015). The Routledge Companion to Qualitative Accounting Research Methods Routledge

Selected Published Journal Articles

Covaleski, M. & Kaufman, M. (2019). Budget Formality and Informality as a Tool for Organizing and Governance Amidst Divergent Institutional Logics Accounting, Organizations and Society

Hoque, Z. & Mark, C. & Tharusha, G. (2015). A Response to ‘Theoretical Triangulation.and Pluralism in Accounting Research: A Critical Realist Critique’ Accounting, Auditing & Accountability Journal

Dirsmith, M. & Covaleski, M. & Samuel, S. (2015). On Being Professional in the 21st Century: An Empirically-Informed Essay Auditing: A Journal of Practice & Theory

Covaleski, M. & Dirsmith, M. & Samual, S. & Weiss, J. (2014). From the Physical to the Fiscal: Monetizing the Poor Public Administration Research

Hoque, Z. & Covaleski, M. & Gooneratne, T. (2013). Theoretical Triangulation and Methodological Pluralism in Management Accounting Research Accounting, Auditing & Accountability Journal

Covaleski, M. & Dirsmith, M. & Weiss, J. (2013). The Social Construction, Challenge and Transformation of a Budgetary Regime: The Endogenization of Welfare Regulation by Institutional Entrepreneurs Accounting, Organizations and Society

Covaleski, M. & Dirsmith, M. (2012). Introduction: Special Forum on Sociological Perspectives of Accounting Behavioral Research in Accounting

Covaleski, M. & Dirsmith, M. & Weiss, J. (2012). The Mesodomain of Welfare Reform: Renegotiating the Order of Economic Inequality Studies in Symbolic Interaction

Dirsmith, M. & Samuel, S. & Covaleski, M. (2009). The Inter-Play of Power vs. Meta-Power in the Social Construction of "Entrepreneurial" Professional Services Firms: A Processual Ordering Perspective Studies in Symbolic Interaction

Samuel, S. & Covaleski, M. & Dirsmith, M. (2008). Accounting in and for U. S. Governments and Non-Profits: A Review of Research and a Call for Further Inquiry Handbook of Management Accounting Research, Vol 3.

Covaleski, M. (2007). Budgeting Research Handbook of Management Accounting Research, Vol 2.

Covaleski, M. & Dirsmith, M. & Mantzke, K. (2005). Institutional Destabilization and the New Public Management: The Case of Tax Incremental Financing International Journal of Public Policy

Dirsmith, M. & Covaleski, M. & Heian, J. (2005). A Thematic Deconstruction of Formalist and Expertise Voices in Big Five (Four) Public Accounting Firms Critical Inquiry in Language Studies

Covaleski, M. (2005). The Changing Nature of the Measurement of the Economic Impact of Nursing Care on Health Care Organizations Nursing Outlook

Covaleski, M. & Dirsmith, M. & Samuel, S. (2005). Changes in the Institutional Environment and the Institutions of Government Accounting, the Social and the Political

Covaleski, M. (2003). Budgeting Research: Three Theoretical Perspectives and Criteria for Selective Integration Journal of Management Accounting Research

Covaleski, M. (2003). Changes in the Institutional Environment and the Institutions of Governance: Extending the Contributions of Transaction Cost Economics within the Management Control Literature Accounting, Organizations and Society

Covaleski, M. (2001). Income Statement Management in a Turbulent Health Care Environment Seminars in Vascular Surgery

Covaleski, M. (2001). Internalization versus Externalization of the Internal Audit Function Accounting, Organizations and Society

Covaleski, M. (1991). Traditional and Emergent Theories of Budgeting Accounting Control Systems

Working Papers

Covaleski, M. & Kaufman, M. & Hogue, Z. (2017). Organizational Budgets: A Critical Part of Organizational Routines (but they Decay) and an Important Part of Symbolic Expression of Accountability (but they Become Incarnate)

Practitioner-Oriented Publications

Sergent, K. & Stajkovic , A. & Covaleski, . (2018). Prime and Punishment: When Subconscious Goals Sabotage Conscious Goals

Covaleski, M. (2016). Bottom Line: What You Don't Know Can Hurt You and Your Organization Physician Leadership Journal

Presentations

AAA Auditing Selection Midyear Meeting (2017) Socialization, Role Acquisition, and Transition: Evidence on Becoming a Professional in Public Accounting

Lousiana Hospital Association (2016) Health Care Economics

American College of Obstetricians and Gynonocolgists (2016) Health Care Economics

Louisiana Hospital Association (2015) Health Economics

Greater Louisville Medical Society (2015) Health Care Financial Management

American College of Obstetricians and Gynocologists (2014) Health Economics

Health Disparities Conference (2014)

Research Seminar (2010) Economic and Organizational Issues Facing the Nursing Profession

European Accounting Association (2006) Social Movements and Endogenizing Institutional Pressures

Contemporary Accounting Research Association (2005) Social Movements and Endogenizing Institutional Pressures

Handbook of Management Accounting Research Conference (2005) Budgeting Research: Three Theoretical Perspectives and Criteria for Selective Integration

Mid-Year Meetings of the American Accounting Association, Governmental and Non Profit Section (2003) Managing the Uses of Horizontal Accounting Information in a Strategic Alliance

Annual Meeting of the American Sociological Association (2001) Accounting Wars: Turf Battles Over the Jurisdiction of Knowledge

Annual Meeting of the Global Business and Technology Association (2001) Going Global: Transformation of the Accounting Professional From Information Service Provider to Knowledge Expert

Teaching

Undergraduate Courses

Readings & Research: Health Care Financial Management (AIS 399), Fall 2008.

Cost Management Systems (AIS 310), Fall 2008.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis and performance evaluation. Behavioral considerations in the design and use of cost accounting information systems.

Cost Management Systems (AIS 310), Fall 2008.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis and performance evaluation. Behavioral considerations in the design and use of cost accounting information systems.

Advanced Managerial Accounting (ACC 310), Spring 2004.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis and performance evaluation. Behavioral considerations in the design and use of cost accounting information systems.

Advanced Managerial Accounting (ACC 310), Spring 2004.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis and performance evaluation. Behavioral considerations in the design and use of cost accounting information systems.

Advanced Managerial Accounting (ACC 310), Spring 2005.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis and performance evaluation. Behavioral considerations in the design and use of cost accounting information systems.

Advanced Managerial Accounting (ACC 310), Spring 2005.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis and performance evaluation. Behavioral considerations in the design and use of cost accounting information systems.

Advanced Managerial Accounting (ACC 310), Fall 2006.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis and performance evaluation. Behavioral considerations in the design and use of cost accounting information systems.

Advanced Managerial Accounting (ACC 310), Fall 2006.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis and performance evaluation. Behavioral considerations in the design and use of cost accounting information systems.

Cost Management Systems (AIS 310), Fall 2009.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis and performance evaluation. Behavioral considerations in the design and use of cost accounting information systems.

Cost Management Systems (AIS 310), Fall 2009.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis and performance evaluation. Behavioral considerations in the design and use of cost accounting information systems.

Cost Management Systems (AIS 310), Spring 2010.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis and performance evaluation. Behavioral considerations in the design and use of cost accounting information systems.

Cost Management Systems (AIS 310), Fall 2010.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis and performance evaluation. Behavioral considerations in the design and use of cost accounting information systems.

Cost Management Systems (AIS 310), Fall 2010.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis and performance evaluation. Behavioral considerations in the design and use of cost accounting information systems.

Cost Management Systems. (AIS 310), Fall 2011.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis a

Cost Management Systems. (AIS 310), Fall 2011.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis a

Advanced Managerial Accounting (AIS 310), Fall 2007.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis and performance evaluation. Behavioral considerations in the design and use of cost accounting information systems.

Advanced Managerial Accounting (AIS 310), Fall 2007.
Design of actual and standard cost systems for reporting product costs in job costing, process costing, and activity costing production environments. Overhead allocation methods. Budgeting and profit planning procedures. Techniques for variance analysis and performance evaluation. Behavioral considerations in the design and use of cost accounting information systems.

Introduction to Management Accounting (ACC 211), Fall 2002.
Managerial accounting concepts relevant for decision-making; use of accounting information for planning, decision-making, and control of business operations in various management and business environments.

Introduction to Management Accounting (ACC 211), Fall 2002.
Managerial accounting concepts relevant for decision-making; use of accounting information for planning, decision-making, and control of business operations in various management and business environments.

Introduction to Management Accounting (ACC 211), Spring 2002.
Managerial accounting concepts relevant for decision-making; use of accounting information for planning, decision-making, and control of business operations in various management and business environments.

Introduction to Management Accounting (ACC 211), Spring 2002.
Managerial accounting concepts relevant for decision-making; use of accounting information for planning, decision-making, and control of business operations in various management and business environments.

Graduate Courses

Readings & Research in Accounting (AIS 999), Spring 2015.
Matt Kauffman

Readings & Research in Accounting (AIS 999), Fall 2014.
Matt Kauffman

Readings & Research in Accounting (AIS 999), Spring 2014.
Matt Kauffman

Readings & Research in Accounting (AIS 999), Fall 2013.
Matt Kauffman

Cost Accounting (AIS 999), Spring 2008.
Individual work suited to the needs of Ph.D. students may be arranged both during regular sessions and during the intersession periods.

Strateg Cost Mgmt&Perf Measrmt (AIS 771), Spring 2009.
Development and analysis of cost and other performance measurement information for managerial planning, control, and decision-making. Integration of information needs for various managerial functions.

Strategic Cost Management (ACC 771), Spring 2002.
Development and analysis of cost and other performance measurement information for managerial planning, control, and decision-making. Integration of information needs for various managerial functions.

Strategic Cost Management (ACC 771), Fall 2003.
Development and analysis of cost and other performance measurement information for managerial planning, control, and decision-making. Integration of information needs for various managerial functions.

Strategic Cost Management (ACC 771), Spring 2003.
Development and analysis of cost and other performance measurement information for managerial planning, control, and decision-making. Integration of information needs for various managerial functions.

Advanced Management Control and Cost Accounting (ACC 771), Spring 2005.
Development and analysis of accounting data for managerial planning, control, decision-making and costing. Integration of information needs for various managerial functions.

Strategic Cost Management (ACC 771), Spring 2001.
Development and analysis of cost and other performance measurement information for managerial planning, control, and decision-making. Integration of information needs for various managerial functions.

Strategic Cost Management (ACC 771), Spring 2001.
Development and analysis of cost and other performance measurement information for managerial planning, control, and decision-making. Integration of information needs for various managerial functions.

Strateg Cost Mgmt&Perf Measrmt (AIS 771), Spring 2011.

Strategic Cost Management (AIS 771), Spring 2007.
Development and analysis of cost and other performance measurement information for managerial planning, control, and decision-making. Integration of information needs for various managerial functions.

Strateg Cost Mgmt&Perf Measrmt (AIS 771), Spring 2008.
Development and analysis of cost and other performance measurement information for managerial planning, control, and decision-making. Integration of information needs for various managerial functions.

Learning/Teaching Oriented Publications

Samuel, S. & Covaleski, M. & Dirsmith, M. (2009). On the Eclipse of Professionalism in Accounting: An Essay in Accounting, organizations, and institutions: essays in honour of Anthony Hopwood Accounting, Organizations, and Institutions

Covaleski, M. (2009). On the Eclipse of Professionalism in Accounting: An Essay Accounting, Organizations and Institutions

Covaleski, M. & Rittenberg, L. (2003). Outsourcing the Internal Audit Function: The British Government Experience with Market Testing International Journal of Auditing

Long, H. & Covaleski, M. (2003). Fiscal Management of Provider Organizations: Part 2 Essentials of Medical Management

Long, H. & Covaleski, M. (2003). Fiscal Management of Provider Organizations: Part 1 Essentials of Medical Management

Covaleski, M. (2002). Health Care Accounting and Finance Managing Medicine: A Guide for Physicians

Long, H. & Covaleski, M. (2000). The Economics and Fiscal Management of Hospitals Fundamentals of Medical Management

Rittenberg, L. & Covaleski, M. (1997). The Outsourcing Dilemma: What's Best for Internal Auditing

Covaleski, M. (1995). The Shifting Nature of Managerial Accounting Practices in Health Care Health Care Administration

Service

Professional Organizations

Value Project, Health Care Financial Management Association

Editorial and Reviewing Activities

Social Sciences and Humanities Research Council of Canada - October 2015 - December 2015
Ad Hoc Reviewer

The Physician Executive - January 2014 - December 2014
Ad Hoc Reviewer

Public Administration Review - January 2013 - December 2013
Ad Hoc Reviewer

Auditing: A Journal of Theory & Practice - Since January 2012
Ad Hoc Reviewer

Journal of Management Studies - January 2011 - December 2011
Ad Hoc Reviewer

Co-Editor, Special Issue of Behavioral Research in Accounting - March 2010 - July 2011
Editor

European Accounting Review - January 2008 - December 2008
Ad Hoc Reviewer

Accounting, Organzations & Society - January 2006 - December 2018
Ad Hoc Reviewer

The Israel Science Foundation - January 2005 - December 2005

Contemporary Accounting Research - January 2000 - December 2018
Ad Hoc Reviewer

The Physician Executive - January 1998 - December 1998
Ad Hoc Reviewer

The Accounting Review - January 1998 - December 1998
Associate Editor

Journal of Management Studies - January 1997 - December 1997
Ad Hoc Reviewer

Accounting & Business Society - January 1997 - December 2000
Editorial Board Member

Academy of Management Review - January 1996 - December 1998
Ad Hoc Reviewer

Accounting Horizons - January 1995 - December 2009
Ad Hoc Reviewer

Archives of Ophthalmology - January 1995 - December 1995
Ad Hoc Reviewer

Academy of Management Journal - January 1994 - December 1997
Ad Hoc Reviewer

Health Services Research - January 1988 - December 1992
Ad Hoc Reviewer