Korok Ray Receives Research Grants

May 19, 2010 Korok Ray

Korok Ray, assistant professor of accounting at Georgetown University’s McDonough School of Business, recently was awarded research grants to continue his work on two projects – one in the area of auditor liability and another on international accounting standards.

Ray was selected as one of 11 professors from around the country for a grant from the PricewaterhouseCoopers (PwC) INQuires Program for his research, titled “Auditor Liability and Consulting Services: Chicken or Egg?” The INQuires Program funds applied research by faculty and Ph.D. students seeking to increase the knowledge base that contributes to the practice of auditing and tax. Since its inception in the spring of 2007, PwC has awarded upwards of $1.3 million to more than 80 researchers.

Additionally, Ray received a travel grant from Georgetown University for his research project, “Capital Market Effects of International Accounting Standards.” This summer, he will travel to Barcelona, Spain, to collaborate with Ester Oliveras, a professor at the Universidad Pompeu Fabra, to explore and understand the differences in method and style between European and American accounting standards.