Australia Day Honours for Philip Brown

Friday, 27 January 2012  Features

A distinguished academic at the Australian School of Business at UNSW has been recognised in the 2012 Australia Day Honours List. Professor Philip Brown was appointed a Member in the General Division of the Order of Australia for service to education in the disciplines of accounting and finance, and to professional associations.

Professor Alec Cameron, Dean of the Australian School of Business, said he was delighted that the substantial contributions Philip Brown has made to the accounting and finance disciplines are being acknowledged in this year's list. Philip Brown is both an academic at the Australian School of Business, and an alumnus of UNSW. "As Australia's leading business school, we are immensely proud of the achievements of our graduates and our academics. They provide an inspiration to our students, staff and the wider business community," he said.

Professor Brown is one of UNSW's most academically distinguished graduates. In 1968 he co-authored with Professor Ray Ball the seminal paper 'An empirical evaluation of accounting income numbers', published in the Journal of Accounting Research.

Their research transformed the accounting profession by showing the relationship between stock market fluctuations and company financial announcements. It has inspired generations of new researchers and has stood the test of time.

Professor Brown also established one of the first MBA programs in Australia as the founding Dean of the AGSM, and he has become one of the first accounting luminaries to be inducted into the Australian Accounting Hall of Fame. He currently has a joint position as a Professor at UNSW and an Emeritus Professor at University of Western Australia.