Accountancy

Global Leader in Accounting Education

Research

Illinois’ landmark contributions to accounting research and education date back to 1902, when the first accounting courses were developed. The Illinois tradition of excellence in graduate accountancy education began with the awarding of the Department’s first master’s degree in 1922 and its first Ph.D. in 1939.

Accounting research examines how accounting information is generated, measured, organized, and disclosed.  Accounting research also examines how stakeholders use accounting information, the regulatory environment in which the accounting profession operates, the effects of standard setting bodies, and the judgment and decision making of accounting professionals and other business stakeholders.

Accounting research encompasses a broad range of topics, including laboratory experiments that attempt to provide an understanding of how decision makers use accounting information, empirical tests of market reactions to publicly available accounting information, analytical models illustrating how owners and managers resolve conflicts, empirical research related to taxation policy, artificial intelligence and expert systems in auditing, and the development of experimental markets.

Accounting research can be classified in a three-dimensional framework that is defined on the following axes: a) Accounting Domain; b) Research Methodology; and c) Core Discipline/Theoretical Framework.  Almost every specialization in this framework is represented in Illinois’ diverse faculty, making Illinois an ideal place to learn and to conduct research.

Accounting research has theoretical roots in several core disciplines including Economics, Finance, Organizational Behavior, Psychology, Sociology, and Systems Design.  Each of these core disciplines is usually associated with a particular research methodology, even though there are no determinate rules, and exceptions are abundant.  For example, Psychology-based theories are usually used with experimental methodologies to conduct behavioral research.  Economics-based theories provide much of the theoretical framework for Modeling-Analytical methodologies, whereas Modeling-Simulation methodologies draw from Sociology.

RESEARCH TOPICS AND METHODOLOGY
      
  AuditingFinancialManagerialTaxation
Analytical Li, W.Autrey
  VenugopalanFanDavis
   Venugopalan 
      
Archival Abdel-khalikAbdel-khalikAbdel-khalikBauer, A.
  Bauer, A.Bauer, A.ChenDonohoe
  SougiannisDonohoeLi, L.Lisowsky
  ThompsonElliott  
   Koo  
   Li, L.  
   Lisowsky  
   Narayanamoorthy  
   Sougiannis  
   Zhu  
      
Experimental Economics DavisHobsonZhouDavis
  HobsonZhou  
  Pesch   
      
Experimental- Psychological Bauer, T.BrownChenDavis
  BrownElliottFanning 
  DavisFanningHecht 
  HobsonHobsonZhou 
  MajorsJackson  
  PeecherPeecher  
  PeschRennekamp  
   Zhou