Research Interests / Areas of Expertise
- Corporate governance
- Corporate scandals
- Earnings management
- Accounting education
Current Research Projects
- In 2014, Co-Chief Investigator with Garry Carnegie on a research project entitled, “Shaping the Future of Accounting and Business Education“, funded for a total of $60,215 under the highly competitive CPA Australia Global Research Perspectives Program. The key aims of this inquiry are to: (1) assess the current state of play in accounting and business education in Australia (2) focus on the key challenges, issues and opportunities faced by the accounting and business education (3) develop feasible, innovative and productive ways forward to meet the many challenges faced by accounting and business education and to take full advantage of the opportunities identified.
- In 2011, awarded as a member of the "Achievement matters" team, $300,000 of funding from CPA Australia, the Institute of Chartered Accountants in Australia, the Australian Business Deans Council, and the Australian Learning and Teaching Council to develop and implement threshold learning standards (TLOs) for the accounting discipline in Australian universities.
- In 2008 and 2009, Lead Investigator on a Priority Projects Grant with the Australian Learning and Teaching Council entitled "Enhancing Assessment Feedback Practices in Accounting Education: Issues, Obstacles and Reforms". The project was funded to the tune of $217,000.
- A Longitudinal Study of Recurrent Audit Failure in Australian Corporate Collapses from 1885 to the Present, $95,000, Australian Research Council Discovery Grant.
Prizes and Awards
- Lane, R. and O’Connell, B. 2009. “The Changing Face of Regulators’ Investigations into Financial Statement Fraud“, Accounting Research Journal, Vol. 22, No. 2, pp. 118-43. Winner of “Highly Commended Award“ from Emerald LiteratiNetwork for 2009.
- 2003 - Awarded, jointly with Professor Garry Carnegie, the Deakin University, Faculty of Business and Law Strategic Priority Award for “Outstanding Contribution to Research“.
- 2002 - Awarded the 2001-2002 International Education Award by the Office of International Education at the University of Richmond, Virginia USA. This award recognized “a major contribution by a staff or faculty member to the university’s mission to enhance international education“.
- 1998 - A paper presented entitled, “Measuring Potential Social Desirability Response Biases in Survey Instruments“, received an award for being one of the three best papers presented at the academic conference: Asian - Network Symposium on Accounting Issues.
- PhD Monash, CPA, CMA, F Fin
- PhD Monash, FCPA, CA, CMA
Professor O’Connell has an enviable track record in both industry and academia. During his 33 year career, he has worked as an analyst and bond dealer with major investment banks and has been employed in leading universities in the US, Australia and Asia including Monash University and the University of Richmond in Virginia. He has published widely on accounting education issues and ethics and corporate scandals and has conducted high-level consultancy and commissioned research by public companies, professional accounting bodies and national teaching and learning institutes. He has been a recipient of numerous large research grants including an Australian Research Council Discovery Grant. He is currently President of the Victorian Divisional Council of CPA Australia and a member of its Executive Committee. He has been a member of Victorian Divisional Council of CPA Australia for over four years. From 2002 to 2011 he was a Chief Examiner of the CPA program in Australia during which time he was heavily involved in the redesign of that program and the preparation of comprehensive materials.
- O'Connell, B.,De Lange, P.,Freeman, M.,Hancock, P.,Abraham, A.,Howieson, B.,Watty, K. (2016). Does calibration reduce variability in the assessment of accounting learning outcomes? In: Assessment and Evaluation in Higher Education, 41, 331 - 349
- O'Connell, B.,De Lange, P.,Stoner, G.,Sangster, A. (2016). Strategic manoeuvres and impression management: communication approaches in the case of a crisis event In: Business History, 58, 903 - 924
- Widuri, R.,O'Connell, B.,Yapa, P. (2016). Adopting generalized audit software: an Indonesian perspective In: Managerial Auditing Journal, 31, 1 - 30
- Hancock, P.,Freeman, M.,Abraham, A.,De Lange, P.,Howieson, B.,O'Connell, B.,Watty, K. (2015). Achievement Matters: External Peer Review of Accounting Learning Standards - Final Report In: Office for Learning and Teaching Sydney, Australia
- O'Connell, B.,Carnegie, G.,Carter, A.,De Lange, P.,Hancock, P.,Helliar, C.,Watty, K. (2015). Shaping the future of accounting in business education in Australia, CPA Australia, Melbourne, Australia
- Juric, D.,O'Connell, B.,Rankin, M.,Birt, J. (2015). Determinants of the severity of legal and employment consequences for CPAs named in SEC accounting and auditing enforcement releases In: Journal of Business Ethics, , 1 - 19
- Sangster, A.,Stoner, G.,Scataglini-Belghitar, G.,De Lange, P.,O'Connell, B. (2014). Pacioli's example entries - a conundrum resolved? In: Abacus: a journal of accounting, finance and business studies, 50, 93 - 106
- Carnegie, G.,O'Connell, B. (2014). A longitudinal study of the interplay of corporate collapse, accounting failure and governance change in Australia: early 1890s to early 2000s In: Critical Perspectives on Accounting, 25, 446 - 468
- Watty, K.,Freeman, M.,Howieson, B.,Hancock, P.,O'Connell, B.,De Lange, P.,Abraham, A. (2014). Social moderation, assessment and assuring standards for accounting graduates In: Assessment and Evaluation in Higher Education, 39, 461 - 478
- Widuri, R.,O'Connell, B.,Yapa, P. (2014). Adoption and use of generalized audit software by Indonesian audit firms: Some preliminary findings In: Proceedings of the 4th Annual International Conference on Accounting and Finance (AF 2014), Phuket, Thailand, 28 - 29 April 2014
- Shaping the future of accounting in business education in Australia. Funded by: CPA Australia Grant 2015 from (2014 to 2015)
- Enhancing assessment feedback practices in accounting education: Issues, Obstacles & Reforms. Funded by: The Carrick Institute for Learning and Teaching in Higher Education Grant pre-2014 from (2007 to 2009)
5 PhD Completions7 PhD Current Supervisions and 1 Masters by Research Current Supervisions