The International Accounting Standards Board (IASB), the Financial Accounting Standards Board (FASB) and The Accounting Review (TAR) have issued a joint call for academic research papers on how key standards are performing in the capital markets. Selected papers will be presented at a joint conference titled Accounting for an Ever-Changing World, currently scheduled for 2-4 November 2022 in New York City, and will be considered for publication in TAR (a publication of the American Accounting Association).
The initiative is intended to strengthen connections between the academic and standard-setting communities and encourage academic research that supports the FASB and the IASB in their post-implementation review of recent major standards.
Call for research papers
Research papers should focus on the effectiveness of the FASB's and/or IASB's standards on revenue recognition (Topic 606 and IFRS 15 Revenue from Contracts with Customers), leases (Topic 842 and IFRS 16 Leases), and financial instruments (Topic 326, Financial Instruments–Credit Losses and IFRS 9 Financial Instruments). Specifically, the standard-setting Boards seek information on whether the standards have:
- accomplished their stated objectives;
- provided benefits to users of financial information;
- resulted in unexpected implementation or continuing application costs; or
- given rise to unexpected economic consequences.
Research that examines the impact of similarities or differences between US GAAP and IFRS Standards in these areas is also appropriate.
Deadline for paper submissions
The deadline to submit papers is 15 May 2022; early submission is encouraged. Selected papers will be presented at the conference and considered for potential publication in TAR. Papers should follow TAR’s editorial policy and be submitted via the journal homepage, along with a cover letter indicating the submission is for the joint conference. (A submission fee of $200 is required and can be paid during submission to the journal).
More information can be found on the conference website.