The outstanding quality of UNSW's accounting research has been ranked first in the world by the international journal Accounting and Finance.

Of the 1087 ranked academic institutions, UNSW advanced from a world ranking of seventh for the period 1991-1997, to first in 1998-2005. For the extended period 1991-2005, UNSW ranked second in the world.

The ranking process was undertaken by authors from the US and Hong Kong, and was published in the June 2007 edition of Accounting & Finance.

Professor Wai Fong Chua, Acting Dean of the Australian School of BusinessTM said: "Our performance in the Accounting and Finance research reinforces a number of prior benchmarking studies that demonstrate we are one of the two leading Accounting Schools in the Asia-Pacific region.

"The research-intensive approach of the Australian School of Business benefits our students as our research is embedded in teaching programs. It also benefits our academic staff who are held in high regard by the international research community. Leading academics in North America, Europe and Asia naturally choose to partner with us because we're recognised as having the best academics and research," says Professor Chua.