| Course Name | Contemporary Research in Accounting I |
| Code | Semester | Theory (hour/week) | Application/Lab (hour/week) | Local Credits | ECTS |
|---|---|---|---|---|---|
| BA 661 | Fall/Spring | 3 | 0 | 3 | 7.5 |
| Prerequisites | None | |||||
| Course Language | English | |||||
| Course Type | Elective | |||||
| Course Level | - | |||||
| Mode of Delivery | - | |||||
| Teaching Methods and Techniques of the Course | ||||||
| Course Coordinator | ||||||
| Course Lecturer(s) | ||||||
| Assistant(s) | - | |||||
| Course Objectives | The course is designed to familiarize students with empirical research in accounting and to endow students with skills to critically analyze the overall design of a research paper. |
| Learning Outcomes | The students who succeeded in this course;
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| Course Description | Topics covered will be grouped under the main research areas within accounting research including the impact of accounting information on stock prices, the effect of accounting discretion on other firm behavior, the use of accounting numbers to predict firm performance, and the role of management accounting information in performance evaluation and decision-making within firms as well covering current developments regarding corporate governance and disclosure issues. |
| Related Sustainable Development Goals | |
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| Core Courses | |
| Major Area Courses | X | |
| Supportive Courses | ||
| Media and Managment Skills Courses | ||
| Transferable Skill Courses |
| Week | Subjects | Required Materials |
| 1 | Introduction to the Course | |
| 2 | Empirical Research Design Issues and running empirical research in accounting | 1. Kinney, W. "Empirical Accounting Research Design for Ph.D. Students." The Accounting Review 61(2): 338-350 2. K Lukka, E Kasanen ,The problem of generalizability: anecdotes and evidence in accounting research, - Accounting, Auditing & Accountability Journal, 1995 3. Zimmerman, J., “Improving a Manuscript’s Readability and Likelihood of Publication,” Issues in Accounting Education v. 4 n. 2,1989, 458-66 4. Libby R, R Bloomfield, M Nelson Experimental research in financial accounting- Accounting, Organizations and Society, 2002 |
| 3 | Empirical Research Design Issues and running empirical research in accounting | 5. Laughlin, T, Empirical Research in Accounting: alternative approaches and a case for “middle-range” thinking, Accounting, Auditing and Accountability Journal, Vol. 8, No.1, 1995, 63-87 6. Jensen, M.C., Reflections on the State of Accounting Research and The Accounting Regulation, pdf 7. Gow, Ian D., Larcker, David F., and Reiss, Peter C., Causal Inference in Accounting Research, Journal of Accounting Research, Volume 54, Issue2,May 2016,Pages 477-523 8. Gassen, Joachim, Causal Inference in empirical archival financial accounting research, Accounting, Organizations and Society, Volume 39, Issue 7, October 2014, Pages 535-544 |
| 4 | Financial Accounting and Capital Market Research | 9. Ball, R., and Brown,P., An Empirical Evaluation of Accounting Income Numbers, Journal of Accounting Research, Autumn 1968, 159-178 10. Beidleman, C.R., Income Smoothing: The Role of Management, the Accounting Review, October 1973, 653-667 *AK and A pg 61 11. SP Kothari Capital markets research in accounting- Journal of Accounting and Economics, 2001 12. P Brown, B Howieson Capital markets research and accounting standard setting, - Accounting and Finance, 1998 13. ME Barth, WH Beaver, WR Landsman The relevance of the value relevance literature for financial accounting standard setting: another , Journal of Accounting and Economics, 2001 |
| 5 | Financial Accounting and Capital Market Research | 9. Ball, R., and Brown,P., An Empirical Evaluation of Accounting Income Numbers, Journal of Accounting Research, Autumn 1968, 159-178 10. Beidleman, C.R., Income Smoothing: The Role of Management, the Accounting Review, October 1973, 653-667 *AK and A pg 61 11. SP Kothari Capital markets research in accounting- Journal of Accounting and Economics, 2001 12. P Brown, B Howieson Capital markets research and accounting standard setting, - Accounting and Finance, 1998 13. ME Barth, WH Beaver, WR Landsman The relevance of the value relevance literature for financial accounting standard setting: another , Journal of Accounting and Economics, 2001 |
| 6 | Term paper – first presentation - identify the research question; state why it is interesting, motivation (why is it important? Is there no answer to the question currently?), literature review and methodology | |
| 7 | Behavioral Research in Accounting | 14. Tversky A., and D.Kahneman, Judgment under Uncertainty: Heuristics and Biases, Science, 1974,Vol.185,no.4157,1124-1131, 8p 15. Einhorn, H.J.,Overconfidence in Judgment, New Directions for Methodology of Social and Behavioral Sciences, 1980, vol.4, 1-16 (not available at the library), 16p 16. Podsakoff, Philip M.; MacKenzie, Scott B.; Jeong-Yeon Lee; Podsakoff, Nathan P.. Common method biases in behavioral research: A critical review of the literature and recommended Remedies, Journal of Applied Psychology, Oct2003, Vol. 88 Issue 5, 879–903 |
| 8 | Behavioral Research in Accounting | 17. Clor-Proell, Shana and Mark W. Nelson , “Accounting Standards, Implementation Guidance and Example-Based Reasoning,” Journal of Accounting Research, v. 45 n. 4:2007, 699-730 18. Libby, R., The Use of Simulated Decision Makers in Information Analysis, the Accounting Review, July 1975, 475-489 * AK and A pg 75 19. Rose, Jacob M., Attention to Evidence of Aggressive Financial Reporting and Intentional Misstatement Judgments: Effects of Experience and Trust, Behavioral Research in Accounting, Vol. 19,2007, p215-229 |
| 9 | Auditing Research | 20. Ross L. Watts and Jerold L. Zimmerman, "Agency Problems, Auditing, and the Theory of the Firm: Some Evidence," The Journal of Law and Economics 26, no. 3 (Oct., 1983): 613-633 21. Dan A. Simunic, Auditing, Consulting, and Auditor Independence, Journal of Accounting Research, Vol. 22, No. 2 (Autumn, 1984), pp. 679-702 22.Chee W. Chow, The Demand for External Auditing: Size, Debt and Ownership Influences, The Accounting Review, Vol. 57, No. 2 (Apr., 1982), pp. 272-291 |
| 10 | Auditing Research | 23. WR Kinney, RD Martin, Does auditing reduce bias in financial reporting? A review of audit-related adjustment studies- Auditing A Journal of Practice & Theory Vol.13; January 1994 ,pgs 149-156 24. Gibbins,M., S.Salterio, and A.Webb, Evidence about Auditor-Client Management Negotiations Concerning Client’s Financial Reporting, Journal of Accounting Research, 2001, 39(3), 535-563 25. Nelson, M. and H.T.Tan, Judgement and Decision Making in Auditing: A task, person, and interpersonal perspective, Auditing: A journal of Practice and Theory, 2005, 24 (25the Anniversary Supplement), 41-72 |
| 11 | Term paper – monitoring of the research paper | |
| 12 | Corporate Governance Research | 26. RG Sloan Financial accounting and corporate governance: a discussion - Journal of Accounting and Economics 32 (2001) 335–347 27.Abbott, L.J.,S.Parker, G.F.Peters, and D.V.Rama, Corporate Governance, Audit Quality, and the Sarbanes Oxley Act: Evidence from Internal Audit Outsourcing, the Accounting Review, 2007, 803-835 28. Aiyesha Dey, Corporate Governance and Agency Conflicts, Journal of Accounting Research, 46 (5),2008, 1143-1181 |
| 13 | Managerial Accounting Research | 29. MA Abernethy, WF Chua, PF Luckett, FH Selto Research in managerial accounting: Learning from others' experiences - Accounting and Finance, 39,1999, 1-27 30. Ittner, C.D., D F. Larcker, Assessing empirical research in managerial accounting: a value-based management perspective, Journal of Accounting and Economics 32 (2001) 349–410 31. Zimmerman JL, Conjectures regarding empirical managerial accounting research - Journal of Accounting and Economics, 2001 32. Lillis, Anne M.; Mundy, Julia Cross-Sectional Field Studies in Management Accounting Research - Closing the Gaps between Surveys and Case Studies. Journal of Management Accounting Research, 2005, Vol. 17, p119-141 |
| 14 | Managerial Accounting Research | 33. Otley,D., Performance management: a framework for management control systems research ,Management Accounting Research, 1999 34. Banker, R, Mashruvala, R., The Moderating Role of Competition in the Relationship between nonfinancial Measures and Future Financial Performance Contemporary Accounting Research, Vol. 24, No. 3, 2007,763-93 35. Katja Tillmann, Andrew Goddard Strategic management accounting and sense-making in a multinational company, Management Accounting Research 19 (2008) 80–102 36.Dileep G. Dhavale, Product Costing for Decision Making in Certain Variable-Proportion Technologies, Journal of Management Accountıng Research, 19 ,2007 ,pp. 51–70 |
| 15 | Disclosure Requirements and International Accounting | 37. Healy, P., and K. Palepu. 2001. "Information Asymmetry, Corporate Disclosure, and the Capital Markets: A Review of the Empirical Disclosure Literature." Journal of Accounting and Economics 31: 405-440 38. C Leuz, RE Verrecchia The Economic Consequences of Increased Disclosure - Journal of Accounting Research, 38 Issue 3, 2000 p91-124, 34p 39. Discussion by Peter Joos. 2000 Supplement, Vol. 38 Issue 3, p125-136, 12p 40.Holger Daske, Luzi Hail, Christian Leuz, And Rodrigo Verdı, Mandatory IFRS Reporting around the World: Early Evidence on the Economic Consequences, Journal of Accounting Research, 46 (5),2008, 1085-1142 41.A Tarca International Convergence of Accounting Practices: Choosing between IAS and US GAAP - - Journal of International Financial Management and Accounting, Volume 15 Issue 1 (March 2004), 60-91 |
| 16 | Final presentation of term paper - should be in a publishable format including the motivation, research question, literature review, hypothesis, methodology, initial (or better the final) results and analysis, and caveats |
| Course Notes/Textbooks | |
| Suggested Readings/Materials | Empirical Research in Accounting: A Methodological Viewpoint By A. Rashad Abdel-khalik and Bipin B. Ajinkya. Published 1979 American Accounting Association Volume No. 4.
Experimental and Quasi-experimental Designs for Research Campbell, Donald T. and Julian C. Stanley.. Boston, MA: Houghton Mifflin Company, 1963 |
| Semester Activities | Number | Weigthing |
| Participation | 1 | 30 |
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Portfolio | ||
| Homework / Assignments | 1 | 30 |
| Presentation / Jury | ||
| Project | 1 | 40 |
| Seminar / Workshop | ||
| Oral Exam | ||
| Midterm | ||
| Final Exam | ||
| Total |
| Weighting of Semester Activities on the Final Grade | ||
| Weighting of End-of-Semester Activities on the Final Grade | ||
| Total |
| Semester Activities | Number | Duration (Hours) | Workload |
|---|---|---|---|
| Course Hours (Including exam week: 16 x total hours) | 16 | 3 | 48 |
| Laboratory / Application Hours (Including exam week: 16 x total hours) | 16 | 6 | |
| Study Hours Out of Class | 0 | ||
| Field Work | |||
| Quizzes / Studio Critiques | |||
| Portfolio | |||
| Homework / Assignments | 1 | 15 | |
| Presentation / Jury | |||
| Project | 1 | 51 | |
| Seminar / Workshop | |||
| Oral Exam | |||
| Midterms | |||
| Final Exams | |||
| Total | 210 |
| # | Program Competencies/Outcomes | * Contribution Level | ||||
1 | 2 | 3 | 4 | 5 | ||
| 1 | To be able to master existing theoretical knowledge in their specialized area of business administration. | X | ||||
| 2 | To be able to gain in-depth knowledge of research methodologies and design. | X | ||||
| 3 | To be able to acquire advanced knowledge of data collection and analysis techniques. | X | ||||
| 4 | To be able to design and conduct original research with a scholarly theoretical emphasis. | X | ||||
| 5 | To be able to disseminate scholarly knowledge in well-known academic networks. | X | ||||
| 6 | To be able to demonstrate the ability to communicate the results of their research in a clear and effective manner with various audiences. | X | ||||
| 7 | To be able to have concerns for the high ethical standards in research, and teaching. | X | ||||
| 8 | To be able to adopt critical attitude toward the extant literature and practice in the specialized area of business administration. | X | ||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
