Accounting & Finance

Cover image for Vol. 55 Issue 1

Edited By: Tom Smith

Impact Factor: 0.796

ISI Journal Citation Reports © Ranking: 2013: 52/91 (Business Finance)

Online ISSN: 1467-629X

Author Guidelines

Editorial Policy

Accounting & Finance enjoys an excellent reputation as an academic journal that publishes significant contributions to the accounting, finance, business information systems and related disciplines. The Journal seeks to publish work that develops, tests, or advances accounting, finance and information systems theory, research and practice. All types of research methods are acceptable. The primary criterion for publication in Accounting & Finance is the significance of the contribution an article makes to the literature.

Manuscripts are considered for publication on the understanding that their contents have not been published or are not under consideration elsewhere. Those submitting papers to the Journal must accept responsibility for preparing papers at a level suitable for review. This preparation should include subjecting the paper to critique by colleagues and others by “workshopping” and revising the paper prior to submission. Reviewers and associate editors are responsible for providing critically constructive and prompt reviews. Manuscripts are judged on the significance of the contribution to the literature, the quality of analysis and the clarity of presentation as judged by the editor on the advice of referees and associate editors.

Submission of Manuscripts

1. Accounting & Finance uses ScholarOne Manuscripts for online submission and peer review: Submission of a manuscript implies that it contains original unpublished work and is not submitted for publication elsewhere.

• Electronic submissions can be in Word or PDF format.

• If the manuscript is submitted as a PDF file, to ensure anonymity, two files must be furnished: (a) a file containing the ‘title page’ (as per point 4 below) and (b) a file that contains the main body of the manuscript which suppresses author identity, that is, it simply begins with a page that shows the paper title and an abstract.

• For papers where at least one co-author is a current paid-up member of the Accounting and Finance Association of Australia and New Zealand (AFAANZ), there is no submission fee. In these cases the cover letter to the editor should clearly state the AFAANZ membership number.

• For papers where none of the co-authors are current paid-up members of AFAANZ the submission fee is A$132 (this amount includes 10% GST), and if submitting from overseas the fee is A$120 (note that this fee entitles the submitting author to a one-year membership of AFAANZ). Please click on this link to join. Please pay by MasterCard or Visa. Payment can also be made via cheque to the 'Accounting and Finance Association of Australia and New Zealand', but you will have to register online and click the payment option “Pay by Cheque” and complete your registration.

•The journal to which you are submitting your manuscript employs a plagiarism detection system. By submitting your manuscript to this journal you accept that your manuscript may be screened for plagiarism against previously published works.

• The submission cheque (overseas contributors to send bank draft in Australian currency) together with a photocopy of the submission letter sent to the Editor, should be posted directly to: Cheryl Umoh, Executive Director, AFAANZ, Level 1, 156 Bouverie Street, Carlton, Victoria 3053, Australia.

2. Manuscripts should be double-spaced, with wide margins. All pages should be numbered consecutively.

• Word length is a maximum of 8,000 excluding tables and appendices.

• Include a word file of article and title at time of submission.

3. Titles and subtitles should be short. An example of these follows.

1. Introduction
2. Theoretical background and hypothesis
3. Empirical tests

3.1 Sample selection
3.2 Measurement of variables
4. Results
4.1 Univariate tests
4.2 Multivariate tests
5. Summary and conclusions

4. The first page of the manuscript should contain the following information: (i) the title; (ii) the name(s) and institutional affiliation(s) of the author(s); (iii) at least one classification code according to the Classification System for Journal Articles as used by the Journal of Economic Literature; (iv) up to five key words; (v) a footnote of acknowledgments which should not be included in the consecutive numbering of footnotes. The second page should only include the title of the paper and the abstract (of not more than 100 words).

5. Footnotes should be kept to a minimum and numbered consecutively throughout the text with superscript Arabic numerals. They should not include displayed formulae or tables.

6. Displayed formulae should be numbered consecutively throughout the manuscript as (1), (2) etc. against the right-hand margin of the page. Letters used as symbols should be set in italics unless they represent vector quantities. Do not use bold or italics for numerals and abbreviations for math functions (such as In, Σ). Use italics for names of statistical tests (such as t-statistics, t-test, t = 4.68, F-test). Variable labels should be in italics (e.g., EARN, SIZE, MTB). Variable labels should be kept as short as possible.

7. References to publications should be as follows: “Jones (1992) suggests that . . .” or “This problem was noted earlier (see Smith, 1990; Black and Cook, 1990; Brown et al., 1983)” or “There are 128 companies using this accounting method (Green, 1995, p. 38)”.

8. The list of references should appear at the end of the main text (after appendices, but before tables and figures). It should be double-spaced and listed in alphabetical order. References should appear as follows:

For periodicals

Brailsford, T., J.C. Handley, and K. Maheswaran, 2012, The historical equity risk premium in Australia: post-GFC and 128 years of data, Accounting and Finance 52, 237-247.

For monographs

Sharpe, W., 2007, Investors and Markets: Portfolio Choices, Asset Prices, and Investment Advice (Princeton University Press, Princeton, NJ).

For contributions to collective works

Moorthy, S., 2003, Liquidity black holes: testing the theory’s predictions, in: Persaud, A., ed., Liquidity Black Holes: Understanding, Quantifying and Managing Financial Liquidity Risk, Vol. I (Haymarket House, London), 21-40.

For working papers

Wilson, M., 2010, Australian analyst earnings forecasts: issues for empirical researchers, Working paper (Research School of Business, Australian National University).

For conference papers

Coulton, J., C. Ruddock, and S. Taylor, 2012, The informativeness of dividends and franking credits, Paper presented at the AFAANZ Annual Conference, Melbourne.

For electronic material

Accounting Education News, 2009, International Federation of Accountants (IFAC) applauds US administration’s support for global accounting standards in US financial reform proposal. Available at: http// page=newsdetail&id=149669.

9. Tables and figures should be numbered consecutively in the text in Arabic numerals and printed on separate sheets. Tables should be presented in editable .doc format. Figures should be submitted in .eps, .tif or any Microsoft Office application.

10. Data should be supplied so that figures can be reproduced using DeltaGraph. If supplied electronically, graphics must be supplied as high resolution (at least 300 d.p.i.) files. Files can be supplied as .eps, .tif or any Microsoft Office application. Digital images supplied only as low-resolution print-outs and/or files cannot be used.


Accepted papers will be passed to Wiley’s production team for publication. The author identified as the formal corresponding author for the paper will receive an email prompting them to login into Wiley’s Author Services, where via the Wiley Author Licensing Service (WALS) they will be asked to complete an electronic license agreement on behalf of all authors on the paper. FAQs about the terms and conditions of the standard copyright transfer agreements (CTA) in place for the journal, including terms regarding archiving of the accepted version of the paper, are available at: CTA Terms and Conditions FAQs

OnlineOpen – ‘Gold road’ Open Access

OnlineOpen is available to authors of articles who wish to make their article freely available to all on Wiley Online Library under a Creative Commons licence. In addition, authors of OnlineOpen articles are permitted to post the final, published PDF of their article on a website, institutional repository or other free public server, immediately on publication. With OnlineOpen the author, the author's funding agency, or the author's institution pays a fee to ensure that the article is made open access, known as ‘gold road’ open access.

OnlineOpen licenses. Authors choosing OnlineOpen retain copyright in their article and have a choice of publishing under the following Creative Commons License terms: Creative Commons Attribution License (CC BY); Creative Commons Attribution Non-Commercial License (CC BY NC); Creative Commons Attribution Non-Commercial-NoDerivs License (CC BY NC ND).

For more information about the OnlineOpen license terms and conditions click here.

12. Authors who require the return of any submitted material that is accepted for publication should inform the Editorial Office after acceptance. If no indication is given that author material should be returned, Wiley-Blackwell will dispose of all hardcopy and electronic material two months after publication.

13. The source of financial grants and other funding must be acknowledged, including a frank declaration of the authors’ industrial links and affiliations. The contribution of colleagues or institutions should also be acknowledged.

Any manuscript which does not conform to the above instructions may be returned for the necessary revision before publication.

Page proofs will be sent to the corresponding author. Proofs should be corrected carefully; the responsibility for detecting errors lies with the author.

Maximising your paper's chance of acceptance

For further advice on maximising your paper's chance of acceptance, authors are encouraged to refer to Associate Editor Michael E. Bradbury’s paper ‘Why you don't get published: an editor's view’. The article in full is available at, and the submission checklist can be viewed here.

Early View

Accounting and Finance is covered by Wiley-Blackwell's Early View service. Early View articles are complete full-text articles published online in advance of their publication in a printed issue. Articles are therefore available as soon as they are ready, rather than having to wait for the next scheduled print issue. Early View articles are complete and final. They have been fully reviewed, revised and edited for publication, and the authors' final corrections have been incorporated. Because they are in final form, no changes can be made after online publication. The nature of Early View articles means that they do not yet have volume, issue or page numbers, so Early View articles cannot be cited in the traditional way. They are therefore given a Digital Object Identifier (DOI), which allows the article to be cited and tracked before it is allocated to an issue. After print publication, the DOI remains valid and can continue to be used to cite and access the article. More information about DOIs can be found at

Editorial Pre-submission English language editing

Authors for whom English is a second language may choose to have their manuscript professionally edited before submission to improve the English. A list of independent suppliers of editing services can be found at All services are paid for and arranged by the author, and use of one of these services does not guarantee acceptance or preference for publication.