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New Accounting Publication

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News created: 16 Aug 2011

- Bridging the gap between Academic Accounting Research and Professional Practice

Academic accounting research needs to be a partner with accounting practice and policy making. A new publication commissioned by the Institute of Chartered Accountants and the Centre for Accounting, Governance and Sustainability (CAGS) in the School of Commerce at the University of South Australia, edited by Faculty of Business and Economics, Associate Professor Elaine Evans and including contributions by Professor James Guthrie, Professor Philomena Leung and Assoc Professor Sue Wright, is being launched on 22nd August at the Institute of Chartered Accountants.

Fresh insights from leading accounting academics, policy makers and practitioners, resulted in a call for more collaboration to deliver relevant academic research to benefit the accounting profession and society.

˜Much of the accounting research produced lacks relevance and is orientated towards other academics when it should set out to improve public policy and accounting practice," said Professor James Guthrie, the Head of Academic Relations at the Institute of Chartered Accountants in Australia (the Institute), and Professor of Accounting, Department of Accounting and Corporate Governance.

˜While accounting doesn't have life and death consequences, the profession can learn a lot from how the medical world inter-relates with research, policy and practice. What we need is detailed discussions with key stakeholders from across the accounting profession, with defined roles and responsibilities agreed. That way, research will be of more value and impact for practitioners and the public."

The publication was commissioned by the Centre for Accounting, Governance and Sustainability (CAGS) in the School of Commerce at the University of South Australia and launched today at the Accounting and Finance Association of Australia and New Zealand (AFAANZ) Conference in Darwin.

Download the book (PDF file)

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