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Policy Research

Industry Studies

Industry Studies are intended to provide readers with a comprehensive review of the pertinent accounting conventions, academic literature, and approaches to security analysis.

White Paper Projects

In these projects, the best thinking and practices are brought to bear on a significant issue. A "White Paper" project is in-depth and comprehensive, aimed towards those familiar with the topic at hand--e.g., standard-setters, regulators, CFOs and professional accountants. Because of the nature of these projects, they are time-intensive, and can take up to a year to complete.

Policy Brief Series

Policy Briefs may focus on a specific section or the overall content of the White Paper. They are no more than ten pages, are more readable, and provide graphs and charts to illustrate solutions.

Occasional Paper Series

Other projects may not require the in-depth approach of our white paper projects, but warrant analysis. In these cases, an expert in his/her field is commissioned to address the issue, under the eye of the directors, in our "Occasional Paper" series. These projects are shorter than the White Paper projects and address narrower issues.

CEASA Comments

As part of a CEASA newsletter, we may publish a brief comment on relevant issues in accounting and security analysis called CEASA Comments.

Join the Mailing List

Learn more about CEASA by subscribing to our email list.



Contact Us

Columbia Business School
600 Uris Hall
3022 Broadway New York, NY 10027–6902

Phone: (212) 854-3832
Fax: (212) 316-9219


CEASA has recently received gifts of $125,000 each from Morgan Stanley and General Electric. In 2003, a founding gift from Morgan Stanley and GE was instrumental in creating the center, which has since produced a body of independent research for stakeholders across academia, industry, and government. With Morgan Stanley’s and GE's renewed pledge of support, CEASA is well-positioned to lead the next chapter of dialogue around security analysis and accounting issues and to generate practical policy solutions.


CEASA Director of Research, Suzanne Morsfield, awarded research grant from the SWIFT Institute to report on “The Future of Financial Data Standards” with co-authors Stephen Yang of Stevens Institute, and Susan Yount of Workiva.


CEASA co-founder, Stephen Penman, releases new Occasional Paper, “The Value Trap: Value Buys Risky Growth”, co-authored with Francesco Reggiani of Bocconi University.

Submit a Paper to CEASA

CEASA welcomes submissions for online publication of papers analyzing and proposing solutions to current issues surrounding accounting and/or security analysis policy.

Contact us to submit a paper>