Catherine M. Schrand is an American academic and the Celia Z. Moh Professor of Accounting at the Wharton School at the University of Pennsylvania.
Prior to earning her Ph.D. Schrand worked at KPMG Peat Marwick and served as a staff auditor and audit manager.
[2] Professor Catherine Schrand is widely recognized for co-authoring Understanding earnings quality: A review of the proxies, their determinants and their consequences[3] along with Patricia Dechow and Weili Ge.
[6] Her graduate student, Sarah Zechman, led work showing how accounting fraud emerges full bloom from small initial misstatements by managers who are overconfident of their firms' prospects.
[7][8] Schrand received the Best Paper Award from the American Accounting Association's Financial Accounting and Reporting Section in 2020[9] for her paper Run EDGAR Run:SEC dissemination in a high frequency world.