Dr. Peggy Bishop Lane is a Senior Lecturer of Accounting and former Vice Dean of the Wharton MBA Program for Executives and Adjunct Professor of Accounting. Before joining the MBA Program for Executives, she directed the academic experience for the full-time MBA Program as Deputy Vice Dean of Academic Affairs for 11 years. Professor Lane teaches Introductory Accounting to first-year Executive MBA students. She is the recipient of numerous teaching awards, including “Tough, but we’ll thank you in five years.” Previously, Professor Lane was a member of the faculty at New York University’s Stern School of Business, where she was awarded the Eli Kushel Accounting Education Award for Excellence in Teaching. Her research interests include firms’ incentives to use accounting accruals to manage their financial reports, particularly in the financial services industry, which stems from her experience as an officer and analyst for First Republic Bank (now part of Bank America). Professor Lane earned her Ph.D. in Accounting from Northwestern University and a Bachelor of Business Administration in Finance from Texas Christian University. She previously served on the board of directors of the Graduate Management Admissions Council.
Catherine M. Schrand and Peggy Bishop Lane, MBA Companion to accompany “Financial Accounting” by Libby, Libby, Short (: The McGraw-Hill Companies, 2004)
Teaching
Current Courses
ACCT6130 - Fundamentals Of Financial And Managerial Accounting
This course provides an introduction to both financial and managerial accounting, and emphasizes the analysis and evaluation of accounting information as part of the managerial processes of planning, decision-making, and control. A large aspect of the course covers the fundamentals of financial accounting. The objective is to provide a basic overview of financial accounting, including basic accounting concepts and principles, as well as the structure of the income statement, balance sheet, and statement of cash flows. The course also introduces elements of managerial accounting and emphasizes the development and use of accounting information for internal decisions. Topics include cost behavior and analysis, product and service costing, and relevant costs for internal decision-making. This course is recommended for students who will be using accounting information for managing manufacturing and service operations, controlling costs, and making strategic decisions, as well as those going into general consulting or thinking of starting their own businesses.
This course provides an introduction to both financial and managerial accounting, and emphasizes the analysis and evaluation of accounting information as part of the managerial processes of planning, decision-making, and control. A large aspect of the course covers the fundamentals of financial accounting. The objective is to provide a basic overview of financial accounting, including basic accounting concepts and principles, as well as the structure of the income statement, balance sheet, and statement of cash flows. The course also introduces elements of managerial accounting and emphasizes the development and use of accounting information for internal decisions. Topics include cost behavior and analysis, product and service costing, and relevant costs for internal decision-making. This course is recommended for students who will be using accounting information for managing manufacturing and service operations, controlling costs, and making strategic decisions, as well as those going into general consulting or thinking of starting their own businesses.
Awards And Honors
The Pillar of Wharton Administration Award, 2024
University of Pennsylvania Whatever It Takes award, 2008
Tough but we’ll thank you in five years Core Teaching Award, 2007-2009
Commitment to Excellence Award, Hurricane Katrina efforts, 2005
Tough but we’ll thank you in five years Core Teaching Award, 2004-2005
Catherine M. Schrand and Peggy Bishop Lane, MBA Companion to accompany “Financial Accounting” by Libby, Libby, Short (: The McGraw-Hill Companies, 2004)