Professor Kathleen Herbohn
Business Sustainability Initiative Research Hub Lead & Professor & Research Hub Co Leader
School of Business
+61 7 334 68040
+61 7 334 68040
Room 426, Colin Clark Building, St. Lucia Campus
Researcher biography
Kathleen Herbohn is a Professor in financial accounting. She has a PhD from the University of Adelaide concerned with full cost environmental accounting by organisations managing multiple purpose natural resources. Kathleen's research is concerned with corporate social responsibility for issues such as climate change and tax transparency with a focus on how public data can be used in debt and equity markets to inform stakeholders about organisational performance. Her other research interests include the role of financial accounting in informing capital markets in areas of ambiguity (e.g. impairment, business and operating risk, biological assets) and the accounting profession.
Kathleen's publications have appeared in various journal including Accounting, Organizations and Society, The Journal of Business Finance and Accounting, The Journal of Business Ethics, Accounting and Finance Journal, The British Accounting Review, Accounting Research Journal and The Australian Accounting Review. She is also a co-author on the twelfth, thirteenth, fourteenth, fifteenth and sixteenth editions of the Issues in Financial Accounting textbook and an editor of a book published by Edward Elgar (Cheltenham, UK) on Sustainable Small-Scale Forestry: Socio-Economic Analysis.
Kathleen is currently a member of the Academic Advisory Panel of the Australian Accounting Standards Board and an Associate Editor of the Australian Accounting Review.
Publications
Books
Henderson, Scott, Peirson, Graham, Herbohn, Kathy, Artiach, Tracy and Howieson, Bryan (2017). Issues in financial accounting. 16th ed. Frenchs Forest, NSW, Australia: Pearson Australia.
Henderson, Scott, Peirson, Graham, Herbohn, Kathy, Artiach, Tracy and Howieson, Bryan (2014). Issues in financial accounting. 15th ed. Frenchs Forest, Australia: Pearson Australia.
Henderson, Scott, Peirson, Graham and Herbohn, Kathy (2010). Issues in financial accounting. 14th ed. ed. Frenchs Forest, NSW, Australia: Pearson Australia Group.
Henderson, S., Peirson, G. and Herbohn, K. (2008). Issues in Financial Accounting. 13th ed. Frenchs Forest, N.S.W.: Pearson Education Australia.
Henderson, S., Peirson, G. and Herbohn, K. F. (2006). Issues in Financial Accounting. 12th ed. Frenchs Forest, NSW: Pearson Prentice-Hall.
Book Chapters
Herbohn, Kathleen, Clarkson, Peter and Wallis, Mark (2022). The state of climate change-related risk disclosures and the way forward. Handbook of accounting and sustainability. (pp. 343-364) edited by Carol Adams. Cheltenham, United Kingdom: Edward Elgar Publishing. doi: 10.4337/9781800373518.00029
Herbohn, K. F., Harrison, S.R. and Herbohn, J. L. (2001). The Inclusion of Non-Wood Benefits in Reporting Systems of Forest Enterprise. Sustainable Farm Forestry in the Tropics: Social and Economic Analysis and Policy. (pp. 161-176) edited by S.R. Harrison and J.L. Herbohn. UK: Edward Elgar.
Harrison, S. R., Herbohn, J. F. and Herbohn, K. F. (2000). New horizons in sustainable small-scale foresting. Sustainable small-scale forestry: Socio-economic analysis and policy. (pp. 227-242) edited by S. R. Harrison, J. L. Herbohn and K. F. Herbohn. Cheltenham, UK: Edward Elgar.
Herbohn, K. F., Harrison, S. R. and Herbohn, J. L. (2000). Reforestation progress and forestry incentive schemes in Australia. Sustainable small-scale forestry: Socio-economic analysis and policy. (pp. 215-224) edited by S. R. Harrison, J. L. Herbohn and K. F. Herbohn. Cheltenham, UK: Edward Elgar.
Journal Articles
Millar, Ingrid, Clarkson, Peter and Herbohn, Kathleen (2024). The Value Relevance of a Firm's Carbon Risk Profile. Abacus. doi: 10.1111/abac.12344
Do, Truc (Peter) and Herbohn, Kathleen (2023). The impact of board ethnic diversity and Chief Executive Officer role on corporate social responsibility. Accounting and Finance, 64 (1), 575-605. doi: 10.1111/acfi.13155
Clarkson, Peter, Gao, Ru and Herbohn, Kathleen (2020). The relationship between a firm's information environment and its cash holding decision. Journal of Contemporary Accounting and Economics, 16 (2) 100201, 100201. doi: 10.1016/j.jcae.2020.100201
Herbohn, Kathleen, Gao, Ru and Clarkson, Peter (2017). Evidence on whether banks consider carbon risk in their lending decisions. Journal of Business Ethics, 158 (1), 1-21. doi: 10.1007/s10551-017-3711-3
Jung, Juhyun, Herbohn, Kathleen and Clarkson, Peter (2016). Carbon risk, carbon risk awareness and the cost of debt financing. Journal of Business Ethics, 150 (4), 1151-1171. doi: 10.1007/s10551-016-3207-6
Herbohn, Kathleen, Tutticci, Irene and Tan, Zhi (2016). The market response to beating after-tax earnings targets revisited using analysts' pre-tax earnings forecasts and concurrent tax note disclosures. Journal of Business Finance and Accounting, 43 (1-2), 31-65. doi: 10.1111/jbfa.12181
Herbohn, Kathleen, Walker, Julie and Loo, Huay Yien Monica (2014). Corporate social responsibility: the link between sustainability disclosure and sustainability performance. Abacus, 50 (4), 422-459. doi: 10.1111/abac.12036
Whiting, Rosalind H., Gammie, Elizabeth and Herbohn, Kathleen (2014). Women and the prospects for partnership in professional accountancy firms. Accounting and Finance, 55 (2), 575-605. doi: 10.1111/acfi.12066
Herbohn, Kathleen, Herbohn, John, Hartebrodt, Cristoph and Smith, Carl (2013). Using a balanced scorecard to improve the management of natural resources: experiences from Baden-Wuerttemberg. Society and Natural Resources, 26 (8), 865-882. doi: 10.1080/08941920.2012.719999
Herbohn, Kathleen, Dargusch, Paul and Herbohn, John (2012). Climate change policy in Australia: Organisational responses and influences. Australian Accounting Review, 22 (2), 208-222. doi: 10.1111/j.1835-2561.2012.00171.x
Gammie, Elizabeth, Herbohn, Kathleen and Whiting, Rosalind (2010). Women in accountancy: prospects for partnership. CA Magazine, 114 (1253), 79-81.
Herbohn, Kathleen, Tutticci, Irene and Khor, Pui See (2010). Changes in unrecognised deferred tax accruals from carry-forward losses: earnings management or signalling?. Journal of Business Finance and Accounting, 37 (7-8), 763-798. doi: 10.1111/j.1468-5957.2010.02207.x
Chang, Cheryl, Herbohn, Kathleen and Tutticci, Irene (2009). Market's perception of deferred tax accruals. Accounting and Finance, 49 (4), 645-673. doi: 10.1111/j.1467-629X.2009.00307.x
Hartebrodt, C., Herbohn, K. F. and Herbohn, J. L. (2009). Multidimensional performance measurement systems – A promising approach for the management of enterprises and administrations in the forest sector? – Results of a case study in comparison with findings in US-American administrations. Allgemeine Forst- und Jagdzeitung (Journal for Forestry and Forest Science ), 180 (1-2), 22-35.
Herbohn, K. (2009). A preliminary investigation of the reporting of forest assets under international financial reporting standards. Eine erste studie zur rechnungslegung forstwirtschaftlicher vermogenswerte nach internationalen rechnungslegungstandards. Centralblatt fuer das Gesamte Forstwesen, 126 (1-2), 21-37.
Herbohn, K. F., Ke, Y. and Tutticci, I. (2008). IFRS: Irritating, frustrating and really silly?. Intheblack, 60-62.
Herbohn, K. and Ragunathan, V. (2008). Auditor reporting and earnings management: Some additional evidence. Accounting and Finance, 48 (4), 575-601. doi: 10.1111/j.1467-629x.2007.00256.x
Herbohn, K. F., Ragunathan, V. and Garsden, R. (2007). The horse has bolted: Revisiting the market reaction to going concern modifications of audit reports. Accounting and Finance, 47 (3), 473-493. doi: 10.1111/j.1467-629x.2007.00216.x
Herbohn, K. F. (2006). Accounting for SGARAs: A stocktake of accounting practice before compliance with AASB141 'Agriculture'. Australian Accounting Review, 16 (2), 62-76. doi: 10.1111/j.1835-2561.2006.tb00361.x
Herbohn, Kathleen F. and Herbohn, John L. (2006). International Accounting Standard (IAS) 41: What are the implications for reporting forest assets?. Small-Scale Forest Economics, Management and Policy, 5 (2), 175-189. doi: 10.1007/s11842-006-0009-1
Herbohn, Kathleen (2005). A full cost environmental accounting experiment. Accounting Organizations And Society, 30 (6), 519-536. doi: 10.1016/j.aos.2005.01.001
Herbohn, K. F. (2005). Job satisfaction dimensions in public accounting practice. Accounting Research Journal, 18 (2), 63-82. doi: 10.1108/10309610580000676
Herbohn, K. (2004). Informal mentoring relationships and the career processes of public accountants. The British Accounting Review, 36 (4), 369-393. doi: 10.1016/j.bar.2004.05.002
Herbohn, Kathleen and Henderson, Scott (2002). Forestry managers' perceptions of the feasibility of incorporating non-market value estimates into financial environmental reporting. Economic Analysis and Policy, 32 (2), 131-153. doi: 10.1016/S0313-5926(02)50022-9
Herbohn, Kathleen F. and Henderson, Scott (2002). Forestry managers' perceptions of the feasibility of incorporating non-market value estimates into financial environmental reporting. Economic Analysis and Policy, 32 (2), 131-153.
Herbohn, Kathleen F., Harrison, Steve R. and Herbohn, John L. (2000). An alternative approach to accounting for natural resources: The case of multipurpose forestry in Australia. Society & Natural Resources, 13 (7), 663-683. doi: 10.1080/08941920050121936
Herbohn, Kathleen F., Harrison, Steve R. and Herbohn, John L. (2000). Lessons from small-scale forestry initiatives in Australia: The effective integration of environmental and commercial values. Forest Ecology and Management, 128 (3), 227-240. doi: 10.1016/S0378-1127(99)00137-1
Herbohn, Kathleen F. and Herbohn, John L. (1998). Accounting for forestry assets: The development of an Australian policy. Australian Forestry, 61 (3), 220-225. doi: 10.1080/00049158.1998.10674744
Herbohn, Kathleen F., Peterson, Ronald and Herbohn, John L. (1998). Accounting for forestry assets: Current practice and future directions. Australian Accounting Review, 8 (15), 54-66. doi: 10.1111/j.1835-2561.1998.tb00080.x
Conference Papers
Clarkson, P.M., Herbohn, K. and Zou, Y. (2022). Business strategy, carbon mitigation activities and investors' assessed emissions valuation penalty. 2022 Accounting and Finance Association of Australia and New Zealand (AFAANZ Conference), Melbourne, VIC, Australia, 4-6 July 2022.
Rashidi, P. and Herbohn, K. (2022). Evaluating the role of business and environmental non-profit organisations in climate policy formation. Australian International Political Economy Network (AIPEN) Workshop, St Lucia, QLD, Australia, 3-4 February 2022.
Clarkson, P. M., Herbohn, K., Jain, A. and Liu, J. (2021). Asset impairment announcements: the dual effects of relevance and credibility. 2021 Accounting and Finance Association of Australia and New Zealand (AFAANZ) Conference, Virtual, 5-7 July 2021.
Clarkson, P.M., Herbohn, K. and Zou, Y. (2021). Business strategy, carbon mitigation activities and investors' assessed emissions valuation penalty. Virtual Congress of the European Accounting Association (EAA), Virtual Congress, 26-28 May 2021.
Do, T. and Herbohn, K. (2019). The relation between board ethnic diversity, CEO power and corporate social responsibility: Evidence from Australia. 2019 Accounting and Finance Association of Australia and New Zealand (AFAANZ) Conference, Brisbane, QLD, Australia, 7-9 July 2019.
Herbohn., K. and Clarkson, P.M. (2019). The credibility of the big four Australian banks' management of climate change risk exposure. 9th Asia-Pacific Inter-Disciplinary (APIRA) Conference, Auckland, New Zealand, 1 - 3 July 2019.
Millar, I., Clarkson, P.M. and Herbohn, K. (2019). The value relevance of a firm's carbon profile. Hawaii Accounting Research Conference (HARC), Honolulu, Hawai'i, 2-5 January 2019. Honolulu, Hawai'i: University of Hawai’i at Mānoa (UHM).
Herbohn, K., Gao, T. and Clarkson, P.M. (2017). The implicity assurance of carbon risk by banks. 2017 Accounting and Finance Association of Australia and New Zealand (AFAANZ) Conference, Adelaide, SA, Australia, 2-4 July 2017.
Herbohn, K. , Gao, T. and Clarkson, P.M. (2016). Carbon risk: A contemporary business challenge and the role of bank monitoring. 8th Asia-Pacific Interdisciplinary Research in Accounting Conference (APIRA 2016) , Melbourne, VIC, Australia, 13-15 July 2016.
Gammie, E., Herbohn, K.F. and Whiting, R. (2013). Work-lifestyle choices in professional accountancy firms: The road to partnership. 2013 Asia-Pacific Inter-Disciplinary Research in Accounting (APIRA) Conference, Singapore, 26-28 July 2013.
Elad, C. and Herbohn, K. F. (2010). Implementing the fair value accounting in the agricultural sector: IAS41 and the comparability of corporate farm accounting practice in Australia, France and the UK. Financial Reporting and Business Communication Conference : 14th Annual Conference, Bristol, UK, 1-2 July 2010. FARSIG website: British Accounting Association (Financial Accounting and Reporting Special Interest Group (FARSIG)).
Herbohn, Kathleen, Tan, Johanan and Tutticci, Irene (2010). Missing pre-tax earnings benchmarks: Does the market care?. 2010 AFAANZ Conference, Christchurch, New Zealand, 4-6 July 2010. Carlton, VIC, Australia: Accounting and Finance Association of Australia and New Zealand (AFAANZ).
Herbohn, K., Tutticci, I. and Khor, P. S. (2008). Changes in unrecognised deferred tax accruals from carry-forward losses: Opportunism or signalling?. 2008 AFAANZ/IAAR Conference, Sydney, Australia, 6-8 July 2008. Sydney, Australia: The Accounting and Finance Association of Australia and New Zealand.
Hartebrodt, C., Herbohn, J. L. and Herbohn, K. F. (2007). Non-Financial performance measures in the Black Forest. Fifth Asia Pacific Interdisciplinary Research in Accounting (APIRA) Conference, Auckland, New Zealand, 8-10 July 2007.
Chang, Cheryl, Herbohn, Kathleen and Tutticci, Irene (2006). The market's perception of the reliability of deferred tax accruals. AFAANZ 2006 Annual Conference, Wellington, New Zealand, 2-4 July 2006. Melbourne, VIC Australia: AFAANZ.
Herbohn, K. F. (2005). International accounting standards: How adequately are forest assets reported in the balance sheet and income statement?. XXII International Union of Forest Research Organisations (IUFRO) World Congress, Brisbane, 8-13 August, 2005. UK: Commonwealth Forestry Association.
Herbohn, K. F., Ragunathan, V. and Garsden, R. J. (2005). Stock market reaction to modified audit reports. AFAANZ 2005 Conference, Melbourne, 3-5 July, 2005. Melbourne, Vic: AFAANZ.
Herbohn, John L., Harrison, Steve R. and Herbohn, Kathleen F. (2001). Encouraging Greater Participation in Farm Forestry and the Role of Socio-Economic Research. Developing Policies to Encourage Small-Scale Forestry: the 10th International Symposium held by IUFRO Research Group 3.08, Kuranda, 9-13 January 2000. Brisbane: The University of Queensland.
Department Technical Report
Herbohn, K.F., Dargusch, P. and Herbohn, J.L. (2010). Accounting for and reporting of carbon: Opportunities lost or a brave new future?. Research Report for 2009 Research Grant. National Institute of Accountants.
Generic Document
Elad, C. and Herbohn, K. F. (2009). Implementing Fair Value Accounting in the Agricultural Sector: The UK, Australia and France. Institute of Chartered Accountants of Scotland: Edinburgh.
Research Report
Herbohn, Kathleen and Griffiths, Andrew (2008). Sustainability reporting in local government: systemic change or greenwash?. Melbourne, Australia: CPA Australia.