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The award recipients must be willing to share unpublished instructional materials with the Section's membership.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 recipient(s). The recipient(s) are announced and recognized at the Section's next midyear meeting after the submission date. 

FARS members may submit nominations by September 15th.  Nominators should complete the FARS Innovation in Financial Accounting Education Award Nomination Form available HERE. Nominators should state why their candidate should receive the award and submit appropriate documentation supporting their nomination, such as complete resumes and letters of recommendations from students, colleagues, and/or practitioners.

Questions should be addressed to the Committee Chair at the address below. The nominations should be submitted to the Chair of the Innovation in Financial Accounting Education Award committee Matt Wieland at wielanmm@miamioh.edu.  That committee will select a winner of the award. Award recipients will be announced at the following year Midyear Meeting luncheon.

Innovation in Financial Accounting Education Award

2024

Elizabeth Altiero, University of Central Florida, Theresa Libby, University of Central Florida, and Wioleta Olczak, Marquette University. The (Exit) Price of a Horse: Finding the Fair Value of an Unusual Nonfinancial Asset.

2023

Botosan, C. A., Hill, M. S., & Taylor, G. K. (2023). Engaging Students in the Standard Setting ProcessIssues in Accounting Education, 1-22.

2022 Ryan Ball, University of Michigan
2021 Stephen Penman, George O. May Professor of Financial Accounting, Columbia University
2018 Mahendra 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

FARS President

Dear FARS Section Members,

Welcome to the 2025–2026 academic year! I am excited to serve as your Section President and to continue the strong tradition of scholarship and community that makes FARS such a special home within the AAA.

I would like to thank John Jiang for his thoughtful leadership this past year. Under his guidance, the section had a successful year filled with high-quality research presentations, thoughtful discussions, and meaningful connections. The Annual Meeting last month was also a great success, with 475 submissions. I am grateful to all of you who contributed by presenting, reviewing, moderating, or attending.

Looking ahead, I am pleased to share that our 2025–2026 committees are already staffed and ready to get to work. Thank you to those of you who volunteered to serve—your time and effort are critical to advancing the section’s mission.

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Journal

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. 

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Research

FARS 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).