James Cataldo


Jim received his PhD in Economics from Columbia University an MA in Accounting from Suffolk University, and a BA in English and American Literature from Brandeis University. His career has included turns as a federal banking regulator, Director of Treasury Risk Management at the Federal Home Loan Bank of Boston, Structured Products trading at Cantor Fitzgerald, Assistant Professor at Suffolk University’s Sawyer Business School, and Director of Model Risk Management at Citizen’s Bank. Jim’s research on Financial Accounting and related topics has received awards from the American Accounting Association and the New York Society of CPA’s.

Selected Publications

Backtesting and Estimation Error: Value-at-Risk Overviolation Rate.  With Georges Tsafack.   Empirical Economics, July 2020. 

A Framework for Assessing Comprehensive Income Risk Exposure over Varying Time Horizons.   Review of Quantitative Finance and Accounting, November 2015.

Ratings Users Beware: Using Information from the Credit Default Swap Market to Validate Credit Assessments. The CPA Journal, Jan. 2011. With Alex Yen.

The Accounting Identity and the Identity of Accounting. Accounting and the Public Interest. With J. Morris McInnes (2011).  Received annual Best Paper Award from the American Accounting Association Public Interest Section.

The Role of Fair Value and Transaction Based Accounting Measures in Firm Valuation.  Accounting Research (Lead Journal of the Chinese Accounting Association). With J. Morris McInnes (2009)

SFAS 159 The Fair Value Option: CPA’s at a Crossroad?  CPA Journal, 2007.  With J. Morris McInnes.  Received Max Block Distinguished Article Award, New York State Society of CPAs