This PhD seminar course will expose students to a variety of topics related to valuation in financial accounting research. Topics covered include fundamental analysis, anomalies, accounting based valuation, information risk, implied cost of capital and aggregate earnings. While most papers will be empirical, we will also study the theoretical underpinnings of the valuation models. At the end of the course, students are expected to come up with a proposal for research in the broad area of valuation, motivated by the papers discussed in class. This course is required for all accounting PhD students and (similar to other financial accounting courses) highly recommended for finance PhD students with an interest in corporate finance or valuation.