Richard Lambert, PhD Miller-Sherrerd Professor; Professor of Accounting, The Wharton SchoolResearch Interests:Financial reporting, cost analysis, incentive compensation plansAbout Richard: Richard Lambert teaches a wide range of courses in the areas of financial reporting, cost and management accounting, and compensation and performance measurement. He is a recipient of the Helen Kardon Moss Anvil Award for Teaching Excellence at Wharton. Professor Lambert’s research examines a variety of issues in financial reporting, performance measurement, and compensation plan design. In particular, he has done extensive research into accounting-based and stock-based forms of compensation, including stock option plans. He is a member of the Editorial Board of the Journal of Accounting Research and The Review of Accounting Studies. His latest book is entitled Financial Literacy for Managers: Finance and Accounting for Better Decision-Making, Second Edition. Read full faculty bio on Wharton website Financial Literacy for Managers: Finance and Accounting for Better Decision-Making Check out Richard Lambert's book from Wharton School Press. In order to understand how your business is performing right now and to evaluate, assess, and devise new strategies to boost future performance, you need information. Financial statements are a critical source of the information you need. Executive Education Programs Taught:Finance and Accounting for the Non-Financial ManagerAcademic DirectorLearn how to use financial data to make more-informed business decisions and to evaluate your firm’s performance. Examine core concepts of finance and accounting in a straightforward, easy-to-grasp manner.