Many corporations lobby the U.S. Congress, but are these efforts effective? Assistant Accounting Professor Jennifer Brown examined corporate political contributions and found that firms taking a long-term, relationship approach with tax policymakers fare better than peers who stand back or wait for an issue to arise.

Companies that make regular ongoing campaign contributions to lawmakers on the Senate Finance Committee and the House Ways and Means Committee end up paying lower tax rates over time, according to a new study by Arizona State University’s W.P. Carey School of Business.

Finance, accounting, and tax have a longstanding legacy in businesses of all shapes and sizes, but it’s no secret the business world is changing. &nbsp;According to the <em>Journal of Accountancy</em></a>, businesses are looking to finance and related functions to help navigate these new changes and complexity. And while this puts them in an “enviable position of influence […] increased skills are needed to meet additional responsibilities.”

Research uncovers insights that guide the practice of accounting, and that open up new avenues of inquiry. Faculty in the School of Accountancy are among the leading investigators in the discipline, and their  findings are published in top peer-reviewed journals. Here are their recent publications.

When investors examine a company before a stock buy, how do they know they can trust the books? The U.S. Securities and Exchange Commission mandates that companies report their numbers using Generally Accepted Accounting Principles to further its missions of promoting investor protection and market integrity. Since some two-thirds of U.S. investors own securities issued by foreign companies, the SEC has flirted with the notion of abandoning homegrown GAAP in favor of International Financial Reporting Standards.