The Journal of Accounting identified key areas of research in accounting:
The impact of financial reporting and disclosure on stock prices;
The economics of auditing, enforcement and audit oversight;
The use of accounting information in contracting in debt, labor, supply, and other markets;
The role of accounting in compensation and in corporate governance;
The role of managerial accounting on internal decision making such as budgeting, costing, and transfer pricing;
The real effects of financial reporting and disclosure (e.g. on firm behavior);
The economics of regulation of financial reporting and disclosure, including bank regulation;
International differences in financial reporting and the role of reporting standards in international capital markets;
The political economy of standard-setting;
The use of accounting information in public finance and macroeconomic statistics;
The impact of tax regulation on transaction structuring;
The role of transparency in markets and society;
Choose one of these areas and give a summary of some of the current research themes (last 5 years). Finally, identify questions the researchers have identified as needing further exploration in these areas.
Provide a 600 to 800-word summary (formatted according to APA guidelines) of the new
research in this area from a minimum of five new peer-reviewed journal articles and identify
questions that need exploring in future research.
