Journal of Accounting

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). Provide a 600 to 800-word summary of the research conducted (formatted according to APA guidelines) and include a minimum of five new peer reviewed journal articles. Finally, identify questions the researchers have identified as needing further exploration in these areas. Post directly in the forum and include a reference section at the bottom of the forum.