India needs more accounting research inputs in its march to a $5 trillion economy, especially with the IFRS-harmonized IndAS having been adopted recently. However, top global journals publish very little research on Indian accounting issues. The top five accounting journals currently have a grand total of fewer than five articles relating to India, compared to over 50 relating to China. And there is no Indian Scopus-indexed Accounting journal (unlike in Finance and Economics). This poses a dilemma for Indian researchers who either work on US data to get the academic respectability of publishing in top journals or work on issues relevant to India and forego academic prestige.
FFIAR has therefore started a journal, Accounting Theory and Practice, which is published by Elsevier. After its very first issue it was recognized by inclusion in the prestigious Australian Business Deans Council (ABDC) list. Therefore, researchers on Indian issues will have a high-quality outlet that carries academic prestige, which will motivate more such research. The journal is open access with no charge to authors. Its issues are found on Elsevier ScienceDirect without a paywall at https://www.sciencedirect.com/journal/accounting-theory-and-practice/issues.
