KC Rakow

Title/s:  Associate Professor

Specialty Area: Accounting

Office #:  Schreiber 509

Phone: 312.915.6327

Email: krakow@luc.edu


KC Rakow joined the Loyola faculty in August of 2016.  He was attracted by the opportunity to work with top students and faculty and research at a high level.  KC has two main research areas that are based on the effect accounting information has on firm value and on teaching pedagogy.  He has published articles in Review of Accounting Studies, Advances in Accounting, Journal of Accounting Education, and Managerial Finance.  Prior to entering academia, KC worked in the audit division of Arthur Andersen.  He also maintains an active CPA license.


  • University of Georgia, PhD, 2005
  • University of Mississippi, Masters of Accountancy, 1999
  • University of Mississippi, Bachelors of Accountancy, 1998

Professional & Community Affiliations

  • American Accounting Association
  • American Institute of Certified Public Accountants
  • Illinois Society of Certified Public Accountants
    • CPA Exam Task Force
    • Diversity Committee

Courses Taught

  • Intermediate Accounting
  • Accounting Theory
  • Financial Accounting
  • Managerial Accounting
  • Personal Finance

Selected Publications

Hoque, Monzurul and K.C. Rakow. (2016). Do Managers Have Incentives to Provide Cash Flow Forecasts Voluntarily? Managerial Finance, 42 (1): 1-11.  

Baginski, Stephen P. and K.C. Rakow. (2012). Management Earnings Forecast Disclosure Policy and the Cost of Equity Capital. Review of Accounting Studies, 17 (2): 279-321.  

Rakow, K.C. (2010). The Effect of Management Earnings Forecast Characteristics on Cost of Equity Capital. Advances in Accounting, incorporating Advances in International Accounting, 26 (1): 37-46.  

DeLaune, Laura, Jessica Rakow, and K.C. Rakow. (2010). Teaching Financial Literacy in a Service-Learning Setting Using a Student Organization. Journal of Accounting Education, 28 (2): 103-113.  

Rakow, K.C., Ken Reichelt, and Sam Tiras. (2010). Corporate Information Environments and Future Profitability. Commercial Lending Review, 25 (3): 20-22, 51-52.  

Rakow, K.C., Ken Reichelt, and Sam Tiras. (2010). Audit Switching Risks and Lending Decisions.Commercial Lending Review, 25 (5): 35-38, 47-48.