CAN THE ACADEMIC RESEARCH CONTRIBUTE TO THE LEGISLATIVE CHANGE IN ACCOUNTING TOPICS?

Research is indispensable part of academic works. A lot of topics became subject of academic research. However, there may be difficulties in founding such an academic research those results have an impact on the legislative process of regulatory works in financial accounting. The paper investigates research projects in accounting, financed by the Czech Science Foundation, in period 2010 - 2012, in terms of relation between research projects outputs and legislative changes based on outputs from the projects. Outcome of the investigation is one particular academic research project in the Czech Republic. This paper therefore brings overview of this project and illustrates subsequent steps in research project in order to identify conditions under which the academic research results may lead to changes in legislation.