Shannon Leanne Charles

Professor (Lecturer)

School of Accounting

Career Line, Faculty

Shannon L. Charles is an Associate Professor (Lecturer) of accounting at the University of Utah. She earned her BS in accounting at Western Oregon University in 1989 and worked in public accounting for five years as a CPA before earning an MBA from Oregon State University in 1995 and a Ph.D. from Oklahoma State University in 2000.

Prior to joining the faculty at the University of Utah, Professor Charles was on the faculty at Brigham Young University. Professor Charles’ research interests include the theoretical evaluation of product costing systems, constructing simplified product costing systems, and the strategic and performance implications of management accounting practices.

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BS Western Oregon State College, 1989

MBA Oregon State University, 1995 Ph.D. Oklahoma State University, 2000

Ph.D. Oklahoma State University, 2000

Honors & Awards

Kenneth J Hanni Teaching Award. University of Utah, 05/04/2015

Brady Faculty Superior Teaching Award. The University of Utah – David Eccles Shool of Business, 05/02/2014


ACCTG 5210-001 Management Accounting I

ACCTG 5210-002 Management Accounting I

ACCTG 6210-001 Strat Cost Mgt

ACCTG 5140-084 International Acctg

ACCTG 5210-002 Management Accounting I

ACCTG 5210-003 Management Accounting I

ACCTG 5210-004 Management Accounting I


Charles, S. and D. Hansen, Activity-based Parsimonious Cost Systems (2014), Journal of Cost Analysis and Parametrics, Vol. 7, Number 2, pp129 – 147. Accurate product costing information is instrumental in effective decision making, especially for product related decisions, such as product mix and product emphasis. A body of literature suggests that activity-based costing plays an important role in providing accurate product costing information. However, activity-based costing systems are also more complex due to the number of cost drivers identified, compared to traditional single cost driver systems. We propose a modification to the activity-based costing system that reduces the complexity. Using the concepts of linearly independent and dependent vectors, it is shown that it is possible to identify parsimonious systems that simplify an activity-based costing system without loss of accuracy. The modification presented in this study will entice more firms to adopt an activity-based costing system and reap the benefits of increased product costing accuracy. Published, 08/2014.

Keumwiede, K. and Charles, S. (2014) The Use of Activity-based Costing with Competitive Strategies: Impact on Firm Performance, Advances in Mangemetn Accounting, Volume 23, pp 113-148 If the use of activity-based costing information leads to better strategic and operational decisions, firm performance should be improved by the use of activity-based costing/management (ABCM). However, prior research has found very little evidence that ABCM directly impacts firm performance. Based on a survey of U.S. firms, this study divides firms into strategy groups based on their degree of emphasis on three strategic priorities: low price, flexibility, and customer service. We find evidence of a direct impact on profit performance for companies with customer service and low-price strategies that use ABCM. Further, there is strong evidence of synergistic interactive effects on both profit and quality performance for each of the three strategic categories when ABCM is used with certain other management control practices. Published, 06/2014.…


Shannon Leanne Charles (2015) Navigating ASU 2014-09:The New Revenue Recognition Standard. Invited Talk/Keynote, Accepted, 06/22/2015.

Shannon Leanne Charles, & Kip Krumwiede. (2011) The Strategic Use of Activity-based Costing. Conference Paper, Refereed, Presented, 08/2011.

Shannon Leanne Charles, & Kip Krumwiede. (2011) The Strategic Use of Activity-based Costing. Presentation, Presented, 04/2011.


American Accounting Association. Committee member. CTLA – Steering Committee for the 2016 Annual Meeting. 08/17/2015 – 08/19/2016

American Accounting Association. Role: Committee member. CTLA – Steering Committee for the 2015 Annual Meeting. 08/16/2014 – 08/12/2015

AAA Management Accounting Section. Role: Committee member . 2015 MAS Teaching Colloquium Committee. This committee is tasked with organizing the first teaching colloquium to take place January 2015 at the MAS mid year meeting. 07/2013 – 02/02/2015

American Accounting Association. Role: Plan and organize at-large sessions for non-tenure track faculty issues. Committee member for at-large sessions at annual meeting. 10/01/2012 – 08/01/2013

Issues in Accounting Education. Role: Review manuscripts and cases submitted to journal. Editorial and Advisory Review Board member. 01/01/2010 – present

Institute of Management Accountants (IMA) Student Chapter. Faculty Advisor/Campus Advocate. Involved in organizing the efforts to create a student chapter and to be granted academic endorsement from the IMA for the CMA designation., 08/2013 – present. College service.

MAcc Admission Committee. 08/01/2012 – present. Department service.

Student Media Council Member. Voting member of the council on issues affecting Student Media. Financial sub-committee and Strategic planning sub-committee member., 07/01/2012 – 05/15/2015. University service.