News

Article written by a research group of Accounting recognized with the Best Paper Award at the 2022 AFAANZ conference

The research paper was awarded in the field of Auditing
Laskentatoimen tutkijoita. Kuva: Roope Kiviranta
Ly Pham (in the front), Emma-Riikka Myllymäki, Jukka Sihvonen (on the right), Antti Miihkinen (on the left), Lasse Niemi and David Hay were absent. Photo: Aalto University / Roope Kiviranta

The research article "Climate Risk Disclosures and Auditor Expertise" was awarded as the best research paper in auditing at the international AFAANZ conference, which was held in Melbourne, Australia in early July 2022. Founded in 1960, the Accounting and Finance Association of Australia and New Zealand (AFAANZ) conference is the main forum for accounting in the Asia-Pacific region. This year, more than 180 scientific studies were presented at the conference.

The award-winning research paper was written by postgraduate student at the Department of Accounting at the Aalto University School of Business Ly Pham, Professor David Hay (University of Auckland), University Lecturer Antti Miihkinen (University of Turku), and Assistant Professor Emma-Riikka Myllymäki, Associate Professor Lasse Niemi and Assistant Professor Jukka Sihvonen from the Department of Accounting at the School of Business.

‘We are thrilled that our study has been recognized with the Best Paper Award in Auditing at the 2022 AFAANZ conference, kindly sponsored by The Australian National Centre for Audit and Assurance Research (ANCAAR)’, the authors say.

The article examines the impact of an auditor expertise on how well a client company discloses climate risks of its business.

‘Our results show that an auditor's industry expertise and experience in particularly emission-intensive companies or sectors also improves the climate risk reporting of a client company. We have focused our research on the 500 largest Australian companies, as Australia is one of the pioneers in climate risk reporting requirements, and the country has experienced the impacts of climate change already for years. The requirements regarding sustainability reporting will be stricter in the following years also in the European Union and the United States. Our results may also interest Finnish companies, as high-quality environmental reporting opens up new opportunities in the financial markets,’ Ly Pham tells.

Further information:
AFAANZ Conference
https://www.afaanz.org/conference

Department of Accounting & Business Law

The Department of Accounting is one of the leading research faculties in the Nordic region.

Read more
BIZ Main Building by Mika Huisman
  • Published:
  • Updated:

Read more news

kukka-asetelma
Awards and Recognition Published:

More than 60 undergraduate students received a scholarship

Ilkka Kontula Foundation personal scholarships are worth 1 000 euros
A man stands against a white background.
Awards and Recognition Published:

Broadband miniaturized spectrometer research receives QTF annual discovery award 2024

The clarity and compelling presentation of the research were one of the reasons why Doctoral Researcher Md Uddin earned the prize for the research paper, which was published in Nature Communications.
 Shankar Deka is an Assistant Professor at the Department of Electrical Engineering and Automation.
Research & Art Published:

Robotics needs safe behavior patterns

Robotics and autonomous systems are developing rapidly. Algorithms that withstand disturbances and uncertainties in the system model and environment are critical for development.
Tissue Culture Spinner, a machine with many test tubes attached.
Research & Art Published:

A new way to do controlled experiments in medicine: simulate the control

Generative AI could augment randomized controlled trials.