Global Leader in Accounting Education   Illinois’ landmark
contributions to accounting research and education date back to
1902, when the first accounting courses were developed. The
Illinois tradition of excellence in graduate accountancy
education began with the awarding of the Department’s first
master’s degree in 1922 and its first Ph.D. in 1939.  Accounting
research examines how accounting information is generated,
measured, organized, and disclosed.  Accounting research also
examines how stakeholders use accounting information, the
regulatory environment in which the accounting profession
operates, the effects of standard setting bodies, and the
judgment and decision making of accounting professionals and
other business stakeholders.  Accounting research encompasses a
broad range of topics, including laboratory experiments that
attempt to provide an understanding of how decision makers use
accounting information, empirical tests of market reactions to
publicly available accounting information, analytica