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John Kostolansky

Associate Professor Emeritus, Accounting

Professor Kostolansky’s teaching interests include financial accounting, international accounting, and financial analysis. His published articles have ranged from financial cases for teaching, analysis of the impact of new accounting standards, and the changing information content of accounting ratios over time. He was selected as Graduate School of Business Faculty Member of the Year in 2009. He taught classes in Quinlan’s MBA Program at the Water Tower and Cuneo campuses, and in Quinlan’s Healthcare MBA Program.

Education

  • PhD, Economics, Columbia University
  • BBA, Loyola University Chicago

Research Interests

  • Financial Statement Analysis
  • Financial Accounting
  • Effective Teaching Methods

Publications/Research Listings

Refereed Articles 

Zeller, T. L., Kostolansky, J. W., Bozoudis, M. "An IFRS-Based Taxonomy of Financial Ratios." Accounting Research Journal (2019).

Zeller, T. L., Kostolansky, J. W., Bozoudis, M. A Changed Taxonomy of Retail Financial Ratios. Journal of Applied Business Research, 33.6 (2017). 

Zeller, T. L., Kostolansky, J., Bozoudis, M. Have changes in business practices and reporting standards changed the taxonomy of financial ratios? American Journal of Business, 31.2(2016). 85-97.

Jalilvand, A., Kostolansky, J. Le Beau Footwear: A Business Valuation Case for a Privately-Held Firm. To appear in Issues in Accounting Education. 31.4 (2015). 67-74.

Kostolansky, J. W., B.B. Stanko. “Cross-sectional Analysis of Operating Lease Liabilities by Industry and Firm Size.” Academy of Accounting and Financial Studies Journal. 17.4 (2013). 55-68. 

Kostolansky, J. W., E. Polnaszek. “New Perspectives on the Use of LIFO and Firm Size.” Journal of Applied Business Research.  29.5 (2013). 1501-1507.

Kostolansky, J. W., D. Altschuler., B.B. Stanko. “Financial Reporting Impact of the Operating Lease Classification.” Journal of Applied Business Research. 28.6 (2012). 5.

Kostolansky, J. W., B.B. Stanko. "The Joint FASB/IASB Lease Project: Discussion And Industry Implications." Journal of Business & Economics Research. 9.9 (2011). 8.

Kostolansky, J. W., B.B. Stanko, E.L. Landgraf, M.D. Pakter.  "Composite Manufacturing Company: A Financial (Mis)Statement Case."  Journal of Business Case Studies. 6.5 (2010). 13.

Kostolansky, J.W.. "The Impact of LIFO in the Fortune 500 in 2007." Journal of Applied Business Research. 25.5 (2009). 11-20.  

Kostolansky, J.W. "The Impact of SFAS 158 on U.S. Balance Sheets and Asymmetries in International Reporting of Post-Employment Benefits." Journal of Economic Asymmetries. 4.1 (2007). 123-132.  

Refereed Proceedings 

Kostolansky, J.W. "The Impact on SFAS 158 on U.S. Balance Sheets and Asymmetries in International Reporting of Post-Employment Benefits." Conference on Asymmetries in Globalization: Opportunities and Risks. (2007).  

Book 

Kostolansky, J.W. Financial Statement Analysis. (2008).  

Presentation of Refereed Papers 

Kostolansky, J.W. "The Impact on SFAS 158 on U.S. Balance Sheets and Asymmetries in International Reporting of Post-Employment Benefits." Conference on Asymmetries in Globalization: Opportunities and Risks. Chicago, Illinois. 2007.

Awards

  • Alpha Sigma Nu (National Jesuit Honorary Society)
  • Beta Alpha Psi (National Accounting Honorary Society)
  • Beta Gamma Sigma (National Business Honorary Society)
  • Business School Faculty of the Year, Loyola University, 1976
  • Elijah Watt Sells Award, CPA Exam
  • Herbert Lehman Fellow
  • Woodwork Wilson Fellow