Joseph H. Callaghan has been a faculty member at Oakland University since 1982, where he was promoted to Professor of Accounting in 2002. He graduated from the University of Illinois with a doctorate in Accountancy. Joe’s research includes valuation using financial accounting information, capital markets studies, accounting information systems, and financial risk measurement and analysis. He also serves as a consultant for businesses in the areas of systems development, financial analysis, and risk assessment.Austin Murphy, who received his PhD in Finance from the University of Georgia in 1984, has been a Professor of Finance at Oakland University for the last 27 years, serving intermittently elsewhere such as with the Federal Home Loan Bank Board in 1988–89. Nearly a hundred of his articles have been published in academic journals, and he has had over 10 of his books published, including seven editions of Scientific Investment Analysis. The latter book is believed to be the first and still the best book explaining in detail the process of credit analysis via a uniquely well-defined structure that facilitates rapid learning of this art, including for those without any experience in the area.Hong Qian received her PhD in Finance from the Pennsylvania State University in 2006. She is an Assistant Professor of Finance at Oakland University. Her research includes equity issuance, management buyouts, analyst forecasts and recommendations. She is a CFA charterholder and a member of the CFA Society of Detroit.