Anna M. Costello University of Michigan 701 Tappan, R3348 Ann Arbor, MI Phone:

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1 Anna M. Costello 701 Tappan, R3348 Ann Arbor, MI Phone: EMPLOYMENT 2015 Present, Ross School of Business Assistant Professor of Accounting Paton and Drebin Faculty Fellow ( ) MIT Sloan School of Management Assistant Professor of Accounting Deloitte and Touche Senior Auditor EDUCATION University of Chicago, Booth School of Business Ph.D. in Business Administration Accounting University of Notre Dame M.B.A University of Notre Dame B.B.A., Accounting RESEARCH INTERESTS Supply chain risk; Trade credit; Contracting. PUBLICATIONS The Impact of Balanced Budget Restrictions on States Fiscal Actions. The Accounting Review 92 (2017): With Reining Petacchi and Joseph Weber Mitigating Incentive Conflicts in Inter-Firm Relationships: Evidence from Long-Term Supply Contracts. Journal of Accounting and Economics 56 (2013): Job Market Paper Awarded Best Dissertation by the FARS section of AAA 1

2 The impact of financial reporting quality on debt contracting: Evidence from internal control weakness reports. Journal of Accounting Research 49 (2011): With Regina Wittenberg-Moerman Top 25 Most Cited Articles in 2014, 2015 and 2016 Journal of Accounting Research Winner of Ernest R. Wish Accounting Research Award, WORKING PAPERS Regulatory Leniency and Accounting Restatements With Joao Granja and Joseph Weber Fourth round, Journal of Accounting Research Credit Market Disruptions and Liquidity Spillover Effects in the Supply Chain Revise and Resubmit, Journal of Political Economy The Value of Collateral in Trade Finance Previously circulated under the title Trade Credit Policy in Long-Term Supply Contracts Revise and Resubmit, Journal of Financial Economics Counterparty Risk in Material Supply Contracts With Nina Boyarchenko Under review, Review of Financial Studies Credit Risk Hedging With Nina Boyarchenko, Jennifer La o, and Or Shachar Previously circulated under the title Credit Risk and Interdealer Networks TEACHING Financial Accounting (MBA Core), Fall 2015 Multidisciplinary Action Project (MAP), Spring 2017 ACC 695: Graduate Seminar in Accounting, Winter 2017 Massachusetts Institute of Technology Corporate Financial Accounting (MBA Core), Fall 2014 o Awarded MIT Sloan Teacher of the Year Corporate Financial Accounting (Undergraduate Elective), Fall 2011 & Fall

3 Ph.D. Seminar on Trade Credit and Supply Chain Frictions, Spring PROFESSIONAL SERVICES Editorial Board: The Accounting Review (July 2017) Advisory Board: Credit2B (2015-Current) Review Service for Academic Journals: Journal of Accounting and Economics Journal of Accounting Research The Accounting Review Management Science Journal of Political Economy The RAND Journal of Economics Journal of Business Finance and Accounting Journal of Banking and Finance Review of Accounting Studies Contemporary Accounting Research European Accounting Review Journal of Accounting and Public Policy Review Service for Conferences and Grant Awards: AAA Annual Meeting FARS Midyear Meeting JAR, JAE, and RAST Conferences MIT Asia Conference Social Sciences and Humanities Research Council of Canada Accounting Seminar Organizer MIT, , FARS Best Paper Award Committee Member Dissertation Committees: Daniel Saavedra (Placed at UCLA) Nayana Reiter (Placed at Toronto) AWARDS Teacher of the Year, MIT Sloan School of Management, FARS Best Dissertation Award, 2013 MIT Junior Faculty Research Assistance Program Award,

4 Charles T. Horngren Fellowship, AAA/Deloitte/J.Michael Cook Doctoral Consortium Participant, 2010 Chicago Booth School of Business Fellowship, Chicago Booth School of Business Summer Research Award, 2007 Henry Frigon Full Tuition Fellowship, Mendoza College of Business Fellowship (awarded to four business school students with the highest GPAs), CONFERENCE AND WORKSHOP PRESENTATIONS 2017 Credit2B Product Advisory Board Keynote Speaker Credit Research Foundation Keynote Speaker Stanford Summer Camp (Scheduled) University of Miami (Scheduled) (Hosmer-Hall Workshop) (Supply Chain Management Advisory Board Speaker) University of Southern California (Scheduled) 2016 Cornell University University of Chicago (Accounting Workshop) University of Chicago (Alumni Insight Conference) University of Connecticut (Kapnick Spring Conference) University of Notre Dame 2015 George Washington University Cherry Blossom Conference Rice University United States Department of Justice University of California, Davis 2014 AAA FARS Meeting Federal Reserve Bank of New York Washington University 2013 Boston University London Business School MIT Sloan (Accounting) MIT Sloan (Organizational Economics) Tilburg University University of Colorado University of Pennsylvania, The Wharton School University of Washington 4

5 2012 AAA Annual Meeting Boston College Duke/University of North Carolina Fall Camp MIT Sloan (Organizational Economics) (Discussant) University of Rochester Yale 2011 AAA Annual Meeting Emory University Harvard Business School MIT Sloan New York University Northwestern Ohio State University Stanford University University of California, Berkeley University of Chicago University of Pennsylvania, The Wharton School University of Minnesota University of Notre Dame University of Toronto 2010 AAA Annual Meeting University of Chicago 2009 University of Chicago University of Notre Dame 2007 University of Chicago INVITED CONFERENCE PARTICIPATION 2017 Kapnick Spring Conference Credit Research Foundation Annual Meeting (Presenter) 2016 HKUST Accounting Conference Kapnick Spring Conference (Presenter) 5

6 2015 George Washington University Cherry Blossom Conference (Presenter) Harvard Business School IMO Conference University of Chicago/UNC Global Issues in Accounting Conference 2014 Harvard Business School IMO Conference 2013 Harvard Business School IMO Conference University of Notre Dame Fall Camp 2012 Duke/UNC Fall Camp (Presenter) Harvard Business School IMO Conference Journal of Accounting Research/Federal Reserve Bank of New York New York University (Stern) Spring Accounting Camp (Discussant) Review of Accounting Studies Conference

7 Center for Accounting Research and Education (CARE) Conference 7

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