What is Accounting Research?

Accounting research managers perform close analyses of significant economic effects and events through the expert application and interpretation of financial information. Through the implementation of this know-how, this discipline can be used to make educated implications and predictions about the state of the economy and economic events.

This discipline of research is an umbrella that covers several nuanced but closely related disciplines underneath it. In the context of academia, it is recognized as being applicable to all different aspects of the discipline.

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Academic context versus practice

All of the different aspects that this discipline is applicable to are handled through the scientific method. Outside of the context of academic studies, practicing accountants use their studies in an applied model for the purpose of assisting their clients with ongoing problems.

What some have suggested to be the key difference between researching and practicing could be vaguely compared to the subtle distinction there is between a Doctor of philosophy and a Doctor of business administration.

While a Doctor of philosophy is commonly sought after by those who seek to perform theoretical studies, a Doctor of business administration is commonly sought out by those who have more of an interest in applied studies; this is comparable to the manner in which accountants’ studies is used for more scientific methodology-based exploration, while practicing accountants apply their knowledge to achieve a certain observable end for the benefit their clients.

Changes with the advent of new financial efficiency

Though the academic context does have some heavily theoretical aspects to it, it is still perfectly capable of producing very significant, palpable benefits for the discipline in practice. There have historically been a number of changes to the nature of financial education in higher academia that have led to some new distinctions made between the study-based application and the practicing application, though the overlap is still respected when it is relevant.

Throughout history, the definition of the term has shifted in the way that it is interpreted. The earliest emergence of accounting studies can be traced back to before the 1960s, at which time an ongoing discussion centered around what the most proper form of the study should be interpreted as.

In the late 60s, the discipline developed into a form more based in positive research due to the onset of big changes in finance thanks to more efficient market hypothesis, large-scale data set establishment, and enhanced statistical analysis capacity by financial firms.


A number of cynics have briefly described the term at times as being identifiable as any piece of literature that generously makes reference to many other published papers; despite this cynical interpretation, it has been found to be capable of providing real value.

The right caliber of accountant-spearheaded studies can be highly valuable for credibly ascertaining the exact effect of significant economic happenings with the expert verification, analysis, abstracting and reporting of complex financial details. Through this methodolofy, hidden truths about the state of the economy as a whole can be interpreted through the right lens applied to standardized financial information that may have otherwise gone overlooked.