Professor Gary Monroe
PhD, University of Massachusetts | BS, Northern Michigan University
Professor Gary Monroe is an internationally renowned researcher in auditing with an emphasis on audit judgment and the economics of auditing. His main research area of interest is auditing, but he also conducts research in CSR, banking and finance, financial accounting, business ethics and management accounting. With respect to research methods, Gary has published papers using archival, experimental, survey and qualitative research methods. He has published articles in: AAuditing: A Journal of Practice and Theory, Journal of Banking and Finance, Journal of Business Finance & Accounting,Accounting, Auditing and Accountability Journal, The British Accounting Review, Journal of Empirical Legal Studies, Journal of Business Ethics, Abacus, Behavioral Research in Accounting, Journal of Accounting and Public Policy, Journal of Accounting, Auditing and Finance, Accounting and Finance, Journal of Empirical Legal Studies, The International Journal of Accounting, International Journal of Auditing, Advances in Accounting Behavioral Research,Journal of Contemporary Accounting and Economics, Australian Accounting Review, Accounting Education, International Journal of Business Studies, Accounting Research Journal.
He currently serves as Editor-in-Chief for Accounting and Finance [ABDC rank A]. He was also an editor for Auditing: A Journal of Practice & Theory [ABDC rank A*] from 2016 - 2020 and the Finance Section Editor for the Journal of Business Ethics [ABDC rank A / FT50] from 2011 - 2015. He also serves on the Editorial Boards of a number of international journals.
He was Chair of the Accounting Panel for the Australian Business Deans Council 2019 Journal Quality List Review.
He has received awards for his research and teaching awards for his undergraduate teaching and PhD supervision.
In recognition of his outstanding contribution to the accounting academic profession in Australia, he was made a Life Member of the Accounting and Finance Association of Australia and New Zealand in 2013.
- Publications
- Media
- Grants
- Awards
- Research Activities
- Engagement
- Teaching and Supervision
I have been awarded over $600,000 in research funding including: ARC LIEF grant, 2016 [$260,000]; ARC Linkage Grant, 2009 [$255,000]; CPA Australia and CAANZ Contemporary Audit Topics Grant [$10,000]; Institute of Chartered Accountants Australia, 2014 [$15,765]; CPA Australia Synthesis Project Research Grant, 2012 [$5,000]; Canadian Academic Accounting Association Research Grant, Canada, 2008 [$9,000]; 7 AFAANZ Research Grants [total of $40,000]; Small ARC Grant, 2000 [$10,000].
- CPA Australia and CAANZ Contemporary Audit Topics Grant ($10,000) “Audit market structure and competition in Australia during 2019-2022” (with Sarowar Hossain), 2022.
- and Finance Association of Australia and New Zealand Research Grant ($5,000) for “The effect of delegation and motivated forgetting on misreporting: The moderating role of mindfulness” (with Vincent Chong, Janne Chung and Isabel Wang), 2016.
- Australian Research Council LIEF grant ($260,000) “Enhanced modelling capacity for the Industrial Ecology Virtual Laboratory” LE160100066, 2015 (with T. Wiedmann, M. Diesendorf, M. Balatbat, M. Lenzen, P. Perez, P. Lant, S. Kenway, A. Halog, and R. Crawford).
- Institute of Chartered Accountants Australia ($15,765) for “An investigation of personality and whistle-blowing accounting fraud” (with Paul Andon and Clinton Free), 2014.
- University of Western Australia Business School Research Development Scheme ($6,000) for “The impact of organizational ethical climate, delegation, compensation scheme and moral disengagement on employees’ unethical behaviours” (with Vincent Chong and Isabel Wang), 2014,
- Accounting and Finance Association of Australia and New Zealand Research Grant ($11,020) for “Political connections, social networking, and performance measurement systems: Evidence from Australia and China” (with Vincent Chong and Frank Zhang), 2013.
- AASIG/CPA Australia Synthesis Project Research Grant ($5,000) for “Auditor Independence” (with Peter Carey and Greg Shailer), 2012.
- ARC Linkage Grant ($255,000) for “Investment Approaches and Opportunities in Renewable Energy and Financial Resource Markets using Semi-parametric approaches to evolutionary subset Time-series Lattice-ladder Modelling” (with T J O’Neill, R D Terrell, A H Welsh and J Penm), 2009 – 2010 .
- Canadian Academic Accounting Association Research Grant ($9,000) for “Creating Bias in Accounting Estimates” (with Janne Chung and Jeff Cohen), 2008.
- Accounting and Finance Association of Australia and New Zealand Research Grant ($5,500) for “The Impact of Sustainability Disclosure and Assurance Reports on Financial Report Users’ Share Price Judgments and Perceptions of Information Reliability” (with Paul Coram), 2007.
- Association of Australia and New Zealand Research Grant ($5,000) for “The Effects of Strategic Systems Audit Approach on Auditors’ Hypotheses Generation and Hypotheses Evaluation” (with Radzi Jidin), 2006.
- Accounting and Finance Association of Australia and New Zealand Research Grant ($5,000) for the “Development of Self-Report Measures of Auditor Expertise” (with Steven Fraser), 2006.
- Accounting and Finance Association of Australia and New Zealand Research Grant ($3,800) for “Team Effectiveness: An Empirical Examination of its Antecedents” (with Chris Chan, Juliana Ng, J. and Rebecca Tan), 2005.
- Accounting and Finance Association of Australia and New Zealand Research Grant ($5,000), “The Joint Effect of Voluntary Non-Financial Disclosure and Assurance on Company Valuation Judgments” (with Paul Coram), 2004.
- ARC Small Research Grant ($10,000) for “The Role of Private Information and Management Control Systems on Managers’ Project Evaluation Judgements in Multi-Period and Multi-Agent Settings (with Vincent Chong, Janne Chung and Ian Eggleton), 2000.
- Small and Medium-Sized Research Centre Research Grant ($3,342) for Turnover Intention in Small and Medium-Sized Public Accounting Firms: A Test on the Antecedents and Consequences of Job Burnout” (with Vincent Chong), 1999.
- Small and Medium-Sized Research Centre Research Grant ($5,000) for “The Effect of Explanation and Counter-explanation on Fraud Detection” (with Janne Chung), 1999.
- Industry Research Grant from the Office of the Auditor General ($5,000) for” An Analysis of the Cost Effectiveness and Efficiency of Out-sourced vs Internal Audits”, 1998.
- Richard D Irwin Dissertation Fellowship ($10,000).
- Peat Marwick Mitchell & Company Research Fellowship ($8,000).
- Best Paper Award, Corporate Social Responsibility Stream for Khoo, E., Chen, L. and Monroe, G. S., “Shareholder Election of CSR Committee Members and its Effects on CSR Performance”, Accounting and Finance Association of Australia and New Zealand (AFAANZ) Annual Conference, July 2021.
- Best Paper Award, Auditing Stream for Dai, L., Monroe, G. S. and Qin, L., “Auditors' Information Acquisition along the Supply Chain and Audit Quality”, Accounting and Finance Association of Australia and New Zealand (AFAANZ) Annual Conference, July 2021.
- Best Paper Award, Corporate Social Responsibility Stream for Khoo, E., Lim, Y. Lu, L. Y. and Monroe, G. S., “Independent Directors’ Reputation Incentives and CSR Performance”, Accounting and Finance Association of Australia and New Zealand (AFAANZ) Annual Conference, July 2019.
- Best Paper Award, Auditing Stream for Khoo, E., Lim, Y. and Monroe, G. S., “The Impact of Audit Committee Members’ Reputation Incentives on Monitoring the Financial Reporting Process”, Accounting and Finance Association of Australia and New Zealand (AFAANZ) Annual Conference, July 2018.
- ANCAAR Distinguished Audit Research Scholar, 2017 – current.
- Award for Outstanding Service to Auditing: A Journal of Practice and Theory for outstanding contributions to the review process in 2015.
- Life Member, Accounting and Finance Association of Australia and New Zealand, 2013. In recognition of my outstanding contribution to the accounting academic profession in Australia.
- Vernon Zimmerman Best Paper Award for Lum, J. Y., Jidin, R. and Monroe, G. S., “The Effect of Auditors’ Job Satisfaction on the Influence of Ethical Conflict on Auditors’ Inventory Judgments”, 25th Asian Pacific Conference on International Accounting Issues, November 2013.
- Vernon Zimmerman Best Paper Award for Jidin, R. and Monroe, G. S., “The Effects of a Client’s Political Connections on Auditors’ Judgements”, 23rd Asian-Pacific Conference on International Accounting Issues, Beijing, China, October, 2011.
- Vernon Zimmerman Best Paper Award for Chong, K. M., Dolley, C., Houghton, K. and Monroe, G. S., “The Effect of Outsourcing Public Sector Audits on Audit Hours”, 13th Asian-Pacific Conference on International Accounting Issues, Rio de Janeiro, Brazil, October 2001.
- Manuscript of the Year Award, by the Accounting Association of Australia and New Zealand, Monroe, G. S. and S. T. Teh, “Predicting Uncertainty Audit Qualifications in Australia Using Publicly Available Information”, Accounting and Finance, November 1993, Vol. 33 No. 2, pp 79-106.
- Outstanding Researcher Award, Faculty of Business, Edith Cowan University, 1997.
- Award for Excellence in Postgraduate Supervision, Edith Cowan University, 1996.
- Award for Excellence in Research Leadership, presented by the Postgraduate and Honours Student Association of Edith Cowan University, 1999.
- Distinguished Lecturer Award, University of Massachusetts, 1976.
- Valedictorian, Northern Michigan University, 1975 (4.0 out of 4.0 grade point average).
I am an active researcher with more than 60 refereed journals articles and 3 refereed chapters in research books. This includes 15 A* and 24 A ranked publications based on the Australian Business Deans Council (ABDC) journal rankings and 3 publications in journals on the Financial Times Top 50 Journals list (FT50). My main research area of interest is auditing, but I also conduct research in banking and finance, financial accounting, business ethics and management accounting. With respect to research methods, I have published papers using archival, experimental, survey and qualitative research methods.
Editorships
- Editor-in-Chief, Deputy Editor in Chief, Accounting and Finance, 2002 – current (Deputy Editor 2002 – 2019, Deputy Editor in Chief from 2019, Editor-in-Chief from 2021) [ABDC A].
- Editor, Auditing: A Journal of Practice and Theory, 2016 – 2020 [ABDC A*].
- Finance Section Editor, Journal of Business Ethics, 2011 – 2015 [ABDC A / FT50].
Memberships - Company Boards, Professional Associations
- Fellow, CPA Australia
- Life Member, Accounting and Finance Association of Australia and New Zealand
- Past President, Accounting and Finance Association of Australia and New Zealand
- American Accounting Association
- Board of Directors, Expertential Pty Ltd
Previous Selected University and non-University Engagement Activities
- Chair of the Accounting Panel for the Australian Business Deans Council 2019 Journal Quality List Review.
- Chair of the Technical Committee for Auditing for the Accounting and Finance Association of Australia and New Zealand Annual Conference, 2014 – 2019.
- Research Grant Committee for Accounting and Finance Association of Australia and New Zealand, 2014 – 2019
- Accounting and Finance Association of Australia and New Zealand Visiting Professor, 2015.
- International Symposium on Auditing Research, member of the UNSW technical committee, 2010 – current.
- UNSW ASB Human Research Ethics Panel Chair, 2011 – 2020.
- UNSW ASB Experimental Lab Management Committee, 2011 – 2020.
- Academic Board, The Australian National University, 2002 – 2003.
- Management Review and Audit Committee, Edith Cowan University, 1994 – 2002.
- Academic Board, Edith Cowan University, 1994 – 2001, (Deputy Chair during 1997 and Chair of Academic Board during 1998).
My Research Supervision
Miaodi Han, Scientia PhD student
Ling Qin, Scientia PhD student
My Teaching
Current Courses
- ACCT4897 Seminar in Research Methodology
- ACCT5997 Seminar in Research Methodology
- ACCT5942 Corporate Accounting and RegulationCourse
Previous Courses
Auditing, Advanced Auditing, Introductory Financial and Managerial Accounting, Company Accounting, Cost Accounting, Management Accounting, Advanced Management Accounting, Accounting Theory, Accounting Information Systems., Business Research Methods, MBA Financial and Managerial Accounting, Behavioural Research in Accounting and Accounting Research Methods.