Accounting is the creation, dissemination and use of information by organizations. Modern accounting research explores questions about how information is gathered, organized, reported and used by economic agents such as managers, investors, creditors, regulators and governments.
The accounting faculty at the University of Miami has conducted studies that investigate accounting research questions using both empirical/archival and analytical/theoretical methodologies based in economics and finance. Our doctoral program is designed to prepare students to conduct research, which encompasses, but is not limited to, the following:
1. Factors that influence accounting choices company managers make. This includes, for example, a manager’s decision to choose a specific generally acceptable accounting method, and managerial choices to commit accounting fraud.
2. The use of accounting information by capital markets. Research in this area tests whether accounting information is efficiently impounded in asset prices.
3. The use of accounting in contracting between economic agents. This research area explores the use of accounting information in managerial compensation plans as well as in affecting managerial turnover.
The goal of the accounting doctoral program is to develop future accounting scholars for academic careers at leading research universities around the world.
The program in accounting is designed as a four-year program, though five years in the program would not be unusual for those students without strong backgrounds in economics and statistics. During the first two years of the program, students will take courses in accounting, economics, finance, econometrics and other related disciplines. At the end of their second year, students are required to take the preliminary written exam. In addition, the program requires two projects,: a research proposal, completed in the first year; and a small-scale research paper, completed in the second year. Early in the third year, students will present their second-year project during a regular accounting workshop. To advance to candidacy, students must pass their preliminary exam and successfully complete the second-year paper requirement. Students are responsible for the successful completion of their dissertation in the remainder of the program.
The small size of our Ph.D. program assures that students in the program will have ready access to and numerous opportunities to work with faculty. These opportunities include working as research assistants and as co-researchers. Students will also have the opportunity to interact with faculty from other universities through our active accounting workshop series.
Our accounting faculty is world-renowned and has published in leading accounting and finance journals such as Journal of Accounting and Economics, Journal of Accounting Research, The Accounting Review, Journal of Financial Economics. They are regularly invited to present their research at leading universities and research conferences.