Russell Lundholm studies financial statement analysis and equity valuation.  Recent published articles include "The Predictive Value of Expenses Excluded from 'Pro Forma' Earnings" and "Reconciling Value Estimates from the Discounted Cash Flow Model and the Residual Income Model." Professor Lundholm has also authored valuation software titled "eVal," and has co-authored a book with Richard Sloan titled "Equity Valuation and Analysis."