Kay W. Tatum Ph.D., CPA
Director
Contact Information
University of Miami
Miami Herbert Business School
5250 University Drive, Jenkins 314L
Coral Gables, Florida 33146-6531
Email: ktatum@miami.edu
Associate Professor of Accounting, University of Miami School of Business Administration
Chair, Department of Accounting, 2004-2008
Vice Chair for External Relations, Department of Accounting, 2018-2023
Board of Directors, The Herzfeld Caribbean Basin Fund (NASDAQ: CUBA)
Higher Education
Institutional
Ph.D., August 1986
Texas Tech University
MS, May 1975
Texas Tech University
BBA, May 1973
Texas Tech University
Certification & Licensure
Certified Public Accountant (Texas)
Experience
Academic
University of Miami
- Associate Professor of Accounting — 1992 – Present
- Assistant Professor of Accounting — 1986 – 1992
- Vice Chair for External Relations, Department of Accounting — January 2018 – May 2023
- Chair, Department of Accounting — January 2004 – December 2008
- Interim Chair, Department of Accounting — January 1996 – August 1996
The University of Texas at Arlington
- Assistant Professor of Accounting — 1985 – 1986
Texas Tech University
- Lecturer, Accounting — 1981 – 1984
- Instructor, Accounting — 1978 – 1981
- Assistant to the Director of Accounting Programs — 1978 – 1981
Non-Academic
The Herzfeld Caribbean Basin Fund (NASDAQ: CUBA)
- Board of Directors, Member — 2007 – present
- Audit Committee, Chair — 2007 – present
Mason Warner & Company, PC (former Mason, Nickels & Warner, CPAs)
- Staff Accountant, Audit Department — 1975 – 1978
Publications
Juried or Refereed Journal Articles
Elizabeth Gutierrez, Miguel Minutti-Meza, Kay W. Tatum, Maria Vulycheva. "The Consequences of Expanded Audit Reports for Small and Risky Companies." Contemporary Accounting Research (published online January 2025).
Veena L. Brown, Paul J. Coram, Sean A. Dennis, Denise Dickins, Christine E. Earley, Julia L. Higgs, Tammie J. Schaeffer, and Kay W. Tatum. "Comments of the Auditing Standards Committee of the Auditing Section of the American Accounting Association on International Auditing and Assurance Standards Board Exposure Draft, Proposed International Standard on Auditing 315 (Revised): Identifying and Assessing the Risks of Material Misstatement and Proposed Consequential and Conforming Amendments to Other ISAs." Current Issues in Auditing 13 (Spring 2019): C1-C9.
Elizabeth Gutierrez, Miguel Minutti-Meza, Kay W. Tatum, Maria Vulycheva. "Consequences of Adopting an Expanded Auditor's Report in the United Kingdom." Review of Accounting Studies 23 (December 2018): 1543–1587.
Brian Daugherty, Denise Dickins, Julia Higgs, and Kay Tatum. "Mandatory Audit Firm Rotation – Would Investors Benefit?" The CPA Journal 83 (January 2013): 28–33.
Kay W. Tatum and Paul Munter. "How Are U.S. and International Auditing Rules Changing?" The Journal of Corporate Accounting and Finance 14 (May/June 2003): 45–50.
Frank M. Burke, Dan M. Guy, and Kay W. Tatum. "Audit Committee Responsibility for Internal Control." The Corporate Board 22 (September/October 2001): 11–17.
Kay W. Tatum and Paul Munter. "U.S. versus Global Auditing: Why the Differences Matter." The Journal of Corporate Accounting and Finance 12 (May/June 2001): 19–26.
Lawrence C. Phillips and Kay W. Tatum. "Ethical Issues in Tax Practice." The CPA Journal 71 (January 2001): 22–26.
Kay W. Tatum and Paul Munter. "The New Standard on Predecessor–Successor Communications." The CPA Journal 68 (April 1998): 47–53.
Paul Munter and Kay W. Tatum. "The Implications of Attestation Risk on Compilation and Review Engagements: A U.S. Perspective." International Journal of Management 11 (September 1994): 752–763.
Leslie Kren, Kay W. Tatum, and Lawrence C. Phillips. "Separate Accreditation of Accounting Programs: An Empirical Investigation." Issues in Accounting Education 8 (Fall 1993): 260–272.
Paul Munter and Kay Tatum. "OCBOAs: A Solution to Standards Overload." The Small Business Controller 4 (Fall 1991): 12–16.
Kay W. Tatum and Alan J. Winters. "Compilation and Review Services: Answers to Questions Old and New." The CPA Journal 61 (February 1991): 8–17.
Rene Sacasas, Kay Tatum, and Don Wiesner. "Keep-Well Letters: The Elusive Contingency." The CPA Journal 59 (November 1989): 46–52.
Kay W. Tatum and Paul Munter. "Special Reports: Conforming Changes and New Engagements." The CPA Journal 59 (October 1989): 30–40.
Abraham D. Akresh and Kay W. Tatum. "Audit Sampling – Dealing With the Problems." Journal of Accountancy 166 (December 1988): 58–64.
Harold L. Monk and Kay W. Tatum. "Applying SAS No. 55 in Audits of Small Businesses." Journal of Accountancy 166 (November 1988): 40–56.
Kay W. Tatum. "Solving Audit Sampling Problems." The CPA Journal 57 (August 1987): 91–97.
Dan M. Guy and Kay W. Tatum. "Handling Compilation and Review Engagements – A Step-by-Step Approach." The Practical Accountant 12 (September 1979): 21–29.
Books and Monographs Published
Frank M. Burke, Dan M. Guy, and Kay W. Tatum. Audit Committees: A Guide for Directors, Management, and Consultants, Sixth Edition (CCH, 2009).
Same title, Fifth Edition (CCH, 2008)
Fourth Edition (CCH, 2006)
Third Edition (Aspen Law and Business, 2004)
Second Edition (Aspen Law and Business, 2002)
First Edition (Aspen Law and Business, 2001)
W. Morley Lemon, Kay W. Tatum, W. Stuart Turley. Developments in the Audit Methodologies of Large Accounting Firms (2000)
Refereed Chapters Published in Books
W. Morley Lemon and Kay W. Tatum. "Internal Auditing's Systematic, Disciplined Process." In Research Opportunities in Internal Auditing, edited by Andrew D. Bailey Jr., Audrey A. Gramling, and Sridhar Ramamoorti. The Institute of Internal Auditors Research Foundation (2003): 269–300.
Other Works, Publications, Abstracts
Kay W. Tatum, "Analysis of International Standards on Auditing," AICPA Professional Standards, Vol. 1, AU Appendix B, June 1996. (Actualizado para nuevas normas emitidas entre 1996 y 2004).
Marilyn Zulinski, Kay W. Tatum y Dan M. Guy, "Compilation and Review Engagements," en Cashin's Handbook for Auditing, 2da ed., McGraw Hill, 1986: 11-1 – 11-24.
Gutierrez, Tatum, Vulcheva y Minutti-Meza. "Consequences of Changing the UK Auditor's Report." Research Insights, International Federation of Accountants (Mayo 2016).
Tatum, Kay W. "ASB Update." The Auditor's Report 38 (Fall 2014), 37 (Spring 2014), 37 (Fall 2013), 36 (Fall 2012), 35 (Spring 2012).
Women Executive Leadership. 2008 Florida Census of Women Directors & Executive Officers, 2006 Florida Census, 2004 Florida Census. (Kay W. Tatum y colaboradoras recopilaron, analizaron y resumieron datos de las 150 empresas públicas más grandes de Florida).
Brian Ballou et al. "Comment Letters for Proposed Standards Issued by the AAA's Auditing Standards Committee." The Auditor's Report 26 (Spring 2003).
Roger Simnett y Kay W. Tatum. "Developments in International Auditing Standards in 2001." The Auditor's Report 25 (Spring 2002).
Roger Simnett y Kay W. Tatum. "Recent Developments..." The Auditor's Report 24 (Winter 2001).
Kay Tatum et al. "Fraud: A Review of the Academic Literature." The Auditor's Report 24 (Winter 2001).
Editorial Boards & Professional Review
Editorial Boards
- Member, Editorial Review Board, Current Issues in Auditing, Auditing Section, American Accounting Association (2006–2020)
Reviewer/Discussant
- Review of Accounting Studies: 2021, 2019
- Auditing: A Journal of Practice and Theory: 2017, 2015
- Special Sarbanes/Oxley Issue: Issues in Accounting Education, 2006
Professional Organizations & Honors
Professional and Honorary Organizations
- Member, American Institute of Certified Public Accountants (AICPA)
- Member, American Accounting Association (AAA)
- Member, National Association of Corporate Directors (NACD)
Honors and Awards
- Best Paper of the Conference Award (2016) - Por el artículo "Consequences of Changing the Auditor's Report: Evidence from the U.K."
- Max Block Distinguished Article Award (2014) - Por "Mandatory Audit Firm Rotation: Would Investors Benefit?" – The CPA Journal
- Literary Award (1989) - Por "Applying SAS No. 55 in Audits of Small Businesses"
Teaching
Teaching Awards Received
- Award for Excellence in Teaching, University of Miami (2002)
- Award for Excellence, School of Business Administration, UM (1988, 1995, 2004)
- Outstanding Graduate Student Teaching Award, Texas Tech University (Spring 1983)
Teaching Specializations
Primary Specialization: Auditing
- ACC 402 Financial Statement Audit
- ACC 611 Seminar in Auditing
- ACC 622 Advanced Issues in Auditing
- ACC 635 Auditing
Secondary Specialization: Financial Accounting and Reporting
- ACC 311 Intermediate Financial Accounting I
- ACC 530 International Financial Reporting Standards
- ACC 602 Analysis of Financial Statements
Service
University Committees and Administrative Responsibilities
University of Miami
- Faculty Senate, Budget and Compensation Committee (2017–2025)
- Student Affairs Committee (2014–2015)
- Commencement: Grand Marshal (2008), Banner Marshal (2003), Faculty Marshal (2004–2008)
- Corporate Governance Conference with KPMG (2010–2011)
Miami Herbert Business School
- Deloitte Institute for Research (2018–2020)
- Budget and Facilities Committee (2016–2017)
Department of Accounting
- Director, Master of Professional Accounting Program (2004–2007)
- Director, Certificate Program (2004–2008)
- Director, Accounting Internships (2004–2007)
Service to Academic Organizations
American Accounting Association
- Program Committee Member (2005, 2013)
Auditing Section
- Auditing Standards Committee (2016–2019), Chair (2000–2002), Past-Chair (2002–2003), Vice-Chair (1999–2000)
- Nominating Committee (2010)
- Innovation in Auditing Education Award Committee: Chair (2009–2011)
- Secretary (2004–2006)
- Nominated for Treasurer (2002)
International Accounting Section
- Research Committee Member (1993–1994)
Service to Professional Organizations
American Institute of CPAs
- Auditing Standards Board Member (2012–2014)
- International Auditing Standards Task Force Member (2012–2014)
- Strategic Planning Task Force (2011–2012)
- International Auditing Standards Subcommittee (1998–2003)
- Joint Working Group Member (1999–2000)
- Audit Subcommittee, Board of Governors (1999–2000)
- SAS No. 84 Task Force (1996–1997)
- Technical Audit Advisors Task Force (1993–1995)
- Survey Task Force of Audit Testing Techniques (1984–1986)
Public Company Accounting Oversight Board
- Standing Advisory Group Member (2004–2005)
Institute of Internal Auditors
- Research on Internal Audit Team Member (2001–2003)
Florida Institute of CPAs
- Committee on Relations with Accounting Educators (1996–1998)
- University of Miami/FICPA Planning Committee (1991–1995)
- Colleges and Universities Committee (1990–1992)
Texas Society of CPAs
- Board of Directors, Lubbock Chapter (1979–1982)