Karen Touche Lightstone

Associate Professor
Sobey School of Business
Accounting

Faculty Member Information

Education

Ph.D., , University of Portsmouth, 2005
B.A., Economics, Queen’s University, 1982

Professional Licensures & Certifications

CICA In-depth Tax Course (Part 1 and Part 2), Canadian Institute of Chartered Accountants, 2013
Chartered Accountant, Institute of Chartered Accountants of Nova Scotia, 1994

Academic Work Experience

2002 - 2006, Instructor, Management Development for Women, Saint Mary’s University/ Mount Saint Vincent University
1999 - Present, Full-time Professor, Saint Mary’s University
1995 - 1999, Part-Time Professor , Saint Mary’s University
1995 - 1999, Part-Time Professor , Mount Saint Vincent University

Non-Academic Work Experience

1996 - 1999, Senior Staff Accountant, Grant Thornton Chartered Accountants

Membership

2011 - Present, Canadian Tax Foundation
2003 - Present, Administrative Sciences Association of Canada
2000 - Present, Canadian Academic Accounting Association
1994 - Present, Institute of Chartered Accountants of Nova Scotia

Honours

Research Award Academy of Business and Public Administration Disciplines - 2014
Saint Mary's University Students Association Faculty of Commerce Excellence in Teaching Award Saint Mary's University - 2014
Saint Mary's University Students Association Faculty of Commerce Excellence in Teaching Award Saint Mary's University - 2006

Scholarly Contributions

Book

Lightstone K. "Instructor's Manual for Managerial Accounting: Tools for business decision-making by Weygandt, Kimmel, Kieso, and Aly" (Winter - 2009)

Journal Articles

Rixon Daphne, Touche Lightstone Karen. "Impact of International Financial Reporting Standards on Credit Unions in Canada", International Journal of Business, Accounting and Finance (IJBAF) 10:1 (Spring - 2016)
Rixon D, Lightstone Karen. "Fair Trade Community Cafe Expansion case", Accounting Perspectives 13:3 (Spring - 2014), 197-208
Lightstone Karen, Beaubien L, Wilcox K. "Misclassifying Cash Flows from Operations: Intentional or Not?", International Journal of Accounting and Information Management 1:22 (Spring - 2014)
Lightstone Karen, Young N, McFadden T. "Information Quality of Interim Financial Statements: A measure of volatility", Accounting Perspectives (Spring - 2012)
Lightstone Karen, Francis R, Kocum L. "University Faculty Style of Dress and Students' Perception of Instructor Credibility", International Journal of Business and Social Science 2:15 (Spring - 2011), 15-22
Lightstone Karen. "Fair Trade Community Cafe (case)", Accounting Perspectives 9:2 (Spring - 2010), 157-167
Lightstone K.. "Student success is in the cards: Or is it?", The Teaching Professor August-September (Winter - 2009), N/A
Lightstone K, Smith S. "Student Choice of Computer vs. Tradional Paper-and-pencil in University Accounting Tests: What Predicts Preference and Performance?", International Journal of Technologies in Higher Education 6:1 (Winter - 2009), 30-45
Lightstone K, Driscoll C. "Disclosing Elements of Disclosure: A Test of Legitimacy Theory and Company Ethics", Canadian Journal of Administrative Sciences 25:1 (Spring - 2008), 7-21
Lightstone Karen. "Derivative Use and Financial Risk Management Practices of Canadian and German Firms", International Journal of Business, Accounting and Finance 2:1 (Spring - 2008)
Lightstone K. "Personal Response Systems", International Journal of Learning 13:12 (Winter - 2007), 17-24
Lightstone Karen. "How remote responders affect teaching", The Teaching Professor (Spring - 2006)
Wicks D, Fullerton G, Jutla D, MacKinnon G, Driscoll K, Lightstone . "Measuring up", Progress Magazine Vol. 13:1 (Spring - 2006), 31-38
Lightstone K. "Derivatives: Risk Management tool or financial Hazard?", Myths in Management, The Workplace Review N/A (Winter - 2005), N/A
MacKinnon G, Miciak A, Fullerton G, Jutla D, McKee M, Driscoll C, Kelloway K, Lightstone Karen. "Seeing the whole: Overall a good report card for business- but the devil is in the details", Progress Magazine (Spring - 2004), 45-50
Miciak A, Fullerton G, Lightstone K, Jutla D, Driscoll C, Kelloway K, Haiven J, MacKinnon G. "Top 101 companies make the grade", Progress Vol. 10:10 (Spring - 2003), 41-52
Lightstone Karen. "The Road Less Traveled", CA Magazine Cover Story, May (Spring - 1996), 20-27

Presentation

Rixon D, Lightstone Karen. "Impact of International Financial Reporting Standards on Credit Unions in Canada", International Academy of Business and Public Administration Disciplines Conference (Spring - 2014)
Lightstone Karen. "Start-ups A-Z. Getting a business off the ground can be a tremendous challenge with much time and resources dedicated to facets of the business beyond the all-important revenue generating activities. This session will examine several topics such as the pros and cons of family business structuring, and crowdfunding.", Atlantic Tax Conference (Winter - 2014)
Lightstone Karen. "Managing your money: The key to cashflow", Sobey Solutions Presentation (Winter - 2014)
Lightstone Karen. "Crowdfunding and Taxes", Spring Garden Road Memborial Public Library Workshop Series (Spring - 2013)
Young N, Lightstone Karen. "A credit to the Crowd (case)", Administrative Sciences Association of Canada Conference (Spring - 2013)
Lightstone Karen, Kocum L, McFadden T. "Is Being a Member of a Defined Benefit Pension Plan Enough? An Empirical Study of the State of Canadian Pension Plans", Administrative Sciences Association of Canada Annual Conference (Spring - 2013)
Lightstone Karen. ""Crowdfunding" accounting and income tax implications", Sobey Breakfast Program (Winter - 2013)
Lightstone Karen. "Cutting costs without cutting people", Sobey Solutions Breakfast Program (Spring - 2012)
Lightstone Karen, Beaubien Louis, Wilcox Karrilyn. "Institutional and Legitimacy theory perspectives on Managements' Reporting of Cash flows From Operations", European Accounting Association Annual Conference (Spring - 2011)
Lightstone Karen. "Rothmans Inc.: The curious case of the interest rate swap", Administrative Sciences Association of Canada Annual Conference (Spring - 2011)
Lightstone Karen. "Cutting costs without cutting people", Sobey Solutions Breakfast Program (Spring - 2011)
Lightstone Karen. "Engaging your classroom using remote responders", Convention of American Instructors of the Deaf Event (Winter - 2010)
Lightstone Karen. "Accounting for Derivatives: If no one follows the standard does the risk of financial failure disappear?", SMU Research Day (Winter - 2010)
Lightstone Karen. "Cutting costs without cutting people", Sobey Solutions Breakfast Program (Winter - 2010)
Lightstone K. "Fair Trade Community Cafe: operations case", Administrative Sciences Association of Canada (Spring - 2009)
Zaman A, Lightstone K. "Reassessing Canadian hedging practices: A survey study", Administrative Sciences Association of Canada (Spring - 2008)
Lightstone Karen. "Derivative Use and Financial Risk Management Practices of Canadian and German Firms", International Academy of Business and Public Administration Disciplines Conference (Spring - 2007)
Driscoll C, Lightstone K. "Disclosing Elements of Disclosure: A Test of Legitimacy Theory and Company Ethics", Administrative Sciences Association of Canada (Spring - 2006)
Sarty A, Lightstone K. "Embracing a rising trend in teaching technology: Implementation and best-practice issues for wireless responders", Association of Atlantic Universities Teaching Showcase (Spring - 2005)
Lightstone K. "Risk Management Practices of Canadian Firms: An Internatioinal Comparison", The 33rd Annual Administrative Sciences Association of Canada Conference (Spring - 2005)
Lightstone K. "Financial Reporting for Derivatives", Atlantic School of Business Conference (Spring - 2003)
Lightstone Karen. "Are the required risk management disclosures being met? A comparison of Canadian and United Kingdom companies", Administrative Sciences Association of Canada Conference (Spring - 2003)
Chesley R, Lightstone Karen. "Disclosure of Swaps", Academy of Accounting Historians (Fall - 2003)
Lightstone K., Chesley R. "Disclosure of Swaps", Administrative Sciences Association of Canada Conference (Spring - 2003)
Lightstone Karen. "Reporting derivative usage: Are more extensive reporting requirements really going to help users?", Department of Accounting (Winter - 1999)
Lightstone K. "Bridging the Gap between Theory and Practice", Accounting Department (Winter - 1999)
Lightstone K. "Learning in the real world: get out there and make yourself useful", Atlantic Universities' Teaching Showcase (Fall - 1997)

Conference Proceedings

Touche Lightstone Karen. "Provincial Interpretation of Federal Tax Incentives What happens when a province undermines the tax incentives introduced by the federal government?", Atlantic Provinces Tax Conference (2015 - 2015)
Lightstone Karen. "C is for Crowdfunding", Atlantic Tax Conference (2013 - 2013)

Service: Institutional Committees

Sobey School of Business Representative, Curriculum Committee, 2013/01 - None (Representative)
Member, Academic Appeals Committee, 2007/03 - None (Member)

Service: Professional or Disciplinary

Program editor - ASAC Case Track, Administrative Sciences Association of Canada 2014/01 - 2014/03
Volunteer, Income tax preparer for ACORN Canada's Halifax branch, Association of Community Organizations for Reform Now 2013/03 - Present
Divisional Editor for the Case Track Division of the 2014 Administrative Sciences Association of Canada conference, Administrative Sciences Association of Canada 2013/03 - 2013/03
Reviewer, Certified General Accountants professional program, Certified General Accountants 2012/03 - 2012/03
Planning Committee Member, Atlantic Canadian Tax Foundation 2012/03 - Present
Academic reviewer for the Case Track Division of the 2012 Atlantic Schools of Business conference, Atlantic Schools of Business 2012/01 - 2012/01
Academic reviewer for the Case Track Division of the 2012 Administrative Sciences Association of Canada conference, Administrative Sciences Association of Canada 2011/03 - 2011/03
Academic reviewer for the Case Track Division of the 2011 Administrative Sciences Association of Canada conference, Administrative Sciences Association of Canada 2010/04 - 2010/04
Reviewer, Certified General Accountants professional program, Certified General Accountants 2010/03 - 2011/03
Authored/Reviewed one case for the Certified General Accountants professional program, Certified General Accountants 2010/03 - 2011/03
Vice-Chair of the Board of Directors, Accounting Education Foundation of Nova Scotia 2010/03 - 2013/03
Attendee, The new auditing reporting model & related changes, Institute of Chartered Accountants of Nova Scotia Professional Development Program 2010/01 - 2010/01
Authored two cases for the Certified General Accountants professional program, Certified General Accountants 2009/03 - 2010/03
Board Member, Accounting Education Foundation of Nova Scotia, Accounting Education Foundation 2007/03 - 2010/03