During the past 30-40 years, accounting research has yielded significant impacts on both accounting curriculum and practice. The importance of academic research in shaping the future of the accounting profession is likely to increase in the 21st century. The ever-changing business environment and new transactions are expected to require new innovative approaches to practice and teaching. If we are to play a leadership role in shaping the future of accounting in the 21st century, we must be involved in creating new knowledge and also in translating the knowledge into innovative approaches to teaching and practice.

Accountancy faculty at the School of Accountancy recognises the challenge, and conducts research in diverse areas that are interesting and important:

•  Accounting Measurement and Firm Valuation
•  Accounting and Financial Analysts' Forecasts
•  Accounting for Intangible Assets
•  Capital Market Reactions to Accounting Announcements
•  Corporate Reporting and Disclosure
•  Corporate Governance
•  Corporate Performance Evaluation and Managerial Incentives
•  Employee Stock Option Valuation
•  International Accounting
•  Risk Analysis and Management
•  Strategic Choice of Information Technology Investments

The School of Accountancy supports faculty research that will advance the study and practice of accountancy by providing research grants, travel funds, research assistant assistance, research-related data acquisition, and other institutional supports.

The School of Accountancy also facilitates and encourages interactions and joint research among accountancy faculty and also with prominent accounting scholars from other institutions throughout the world through various means:

•  Working Paper Series
•  Regular Research Workshops throughout the Year
•  Short Visits by Prominent Scholars
• Annual Conference between Hong Kong University of Science and Technology, Seoul    National University , and Singapore Management University