FARS Innovation in Financial Accounting Education Award

The Innovation in Financial Accounting Education Award is conferred annually to an individual or a group of individuals (at least one of which must be a section member), and is intended to:

  • Encourage innovation that improves financial accounting education, and
  • Recognize significant programmatic changes or significant activities, concepts, or educational materials that can be adopted by others within the academy.

This award is given in recognition of an innovation, which may have been developed and implemented over a several-year period. Examples of such innovations could be:

  • Educational research aimed at better understanding the outcomes associated with methods or delivery of financial accounting courses and/or improving the delivery of financial accounting courses
  • A new framework or paradigm for a financial accounting course
  • Original instructional resources (including financial accounting and reporting cases)
  • Course material that allows instructors to better incorporate research into their teaching

The award recipients must be willing to share unpublished instructional materials with the Section's membership.

Criteria used to judge submissions for this award include, but are not limited to, the following:

  • Innovation (i.e., something new or different that increases student interest in the study of financial accounting or that improves the effectiveness and efficiency of financial accounting education.)
  • Evidence of the educational benefits or value as the result of the innovation; and
  • Adaptability by other educational institutions

The award carries with it a $1,500 cash prize and an engraved plaque for the winner. The winner is announced and recognized at the Section's luncheon during the AAA Annual Meeting in year of the award.

FARS members may submit nominations by March 1.  The nominations should be submitted to the chair of the Innovation in Financial Accounting Education Award committee chair (Rebecca Shortridge: shortridge@niu.edu).  That committee will select a winner of the award.

Innovation in Financial Accounting Education Award

2018Mahendra Gujarathi, Rae D. Anderson Professor of Accountancy, Bentley University
2017 Professor Charles M. C. Lee, The Moghadam Family Professor and Professor of Accounting, Stanford University
2016 Professor G. Peter Wilson, Joseph L. Sweeney Chair, Boston College

President's Letter

Dear Friends,

The mission of The Financial Accounting and Reporting Section (FARS) of AAA is to provide a platform for our topical area and to improve the effectiveness and efficiency of education, research and professional practice. This is accomplished through elevating and circulating outstanding teaching practices, facilitating the development and dissemination of research and providing opportunities for academics to engage with practitioners. Much of this activity is accomplished at the annual and midyear meetings.

It is an honor to serve as the 2018-2019 president of The Financial Accounting and Reporting Section (FARS) of AAA. On behalf of my fellow officers, the steering committee and committee chairs, we hope that your interaction with the section this year leads to growth as a researcher and teacher. We warmly invite you to partner with us over the next year to execute the mission of the section. It is through section volunteers that FARS provides extraordinary service to our membership, the AAA, and the profession.

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Journal of Financial Reporting

The Journal of Financial Reporting (JFR) is the academic journal of the Financial Accounting and Reporting Section of the American Accounting Association. JFR’s target audience is financial reporting researchers. JFR will publish two regular issues each year. JFR will also occasionally publish themed issues dedicated to studies that launch a new question or move the literature forward in an existing area.

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Research Objectives:

  • A. to encourage, facilitate, and publicize research in financial accounting and reporting.
  • B. to communicate interests, intentions, and actual work-in-process in the area.
  • C. to identify areas in need of research.
  • D. to provide opportunities for public exposure of research results through AAA meetings (annual, regional, and special meetings devoted solely to financial accounting and reporting) and publications (including working papers and a separate journal for financial accounting and reporting, if warranted).