The recent global financial crisis and the ensuing Great Recession suggest that accounting practices may have real economic consequences.  Lax enforcement and outright fraud have been advanced as contributing factors both to the initial crash and the subsequent slow recovery, as many firms were found to be obscuring or misreporting their liabilities and exposure to risk.  The purpose of this conference is to bring together researchers from the fields of economics and accounting to discuss common methods and topics, including the effects of financial misreporting on asset prices, the importance of credit reporting for economic activity, and the role of disclosure requirements in industry dynamics.

The academic organizers of the conference are Eric Young, Associate Professor of Economics at the University of Virginia and Bo Sun, Assistant Professor in the Department of Finance, Guanghua School of Management at Peking University