Four major accounting areas compose the accounting domain, each area creating unique research topics.
Auditing research covers auditing processes, compliance, governance, auditor independence, judgment and decision making of auditing professionals, and the effects of auditing regulation and auditing standards on business.
Financial accounting research comprises, in part, capital markets, corporate financial reporting and disclosure, earnings forecasting, earnings management, investor response to earnings disclosures, the relevance, reliability and quality of accounting information, accounting standard setting and regulation, and valuation and financial statement analysis.
Managerial accounting researchers examine compensation systems, governance and controls, performance measurement, the role of information, moral hazard, and adverse selection.
Tax research topics include tax policy, regulation, compliance, enforcement, taxpayer reporting, tax planning, transaction structuring, economic incentives in the tax accounting domain, and the nexus of tax reporting and financial reporting.