Professor Janek Ratnatunga

Professor Ratnatunga joined the School of Commerce as Head in February 2009. Previously he was the Chair in Business Accounting at Monash University, a position he held for eighteen years. Prior to Monash, he held academic positions at the University of Melbourne and the University of Canberra in Australia, and visiting positions at the Universities of Washington, Richmond and Rhode Island in the USA. His PhD is from the University of Bradford in the UK.

During his tenure at Monash, he filled a number of administrative positions such as Associate Dean, Deputy Dean and, for six years, Head of the Department of Accounting and Finance; won a Vice-Chancellor’s award for Distinguished Teaching; and authored/co-authored books on strategic cost management, entrepreneurship, financial accounting, accounting theory and financial modelling as well as publishing over 200 academic and professional papers. His research interests are very wide. His accounting publications have appeared in journals such as the Journal of Accounting Auditing and Finance, Management Accounting Research, Accounting and Business Research, and British Accounting Review; his broader business publications can be found in journals such as Entrepreneurship: Theory and Practice, Journal of Business Venturing, and European Journal of Marketing (all three of which are ranked A* journals) and the Journal of Business Research, Journal of Advertising and Long Range Planning.

Janek is the Editor of the Journal of Applied Management Accounting Research. He is the joint-recipient (as lead author) of the prestigious American Accounting Association’s Impact on Management Accounting Practice Award for 2009. The award is given annually to a paper published within the last five years in a refereed academic journal that has the greatest potential impact on Management Accounting Practice.

He has worked in the profession as a Chartered Accountant with KPMG, and has been a consultant to the World Bank on a number of international projects. He has undertaken a major consultancy for the Australian Department of Defence in the valuation of strategic capabilities, and has valued the brand capabilities of a major Japanese IT company. He is also a leading authority on the business and accounting implications of global warming and carbon – a recent co-authored paper was titled “An inconvenient truth about accounting: The Role of Accounting and Assurance Standards in Carbon Trading and Regulation".

• Advanced Strategic Management Accounting
• Accounting for Business
• Strategic Cost Management
• Strategic Business Analysis
• Cost Accounting
• Managerial Accounting
• International Business Accounting
• Strategic Management Accounting
• Financial Management
• Strategic Management
• Advanced Management Accounting
• Research Methodologies
• Business Accounting: Strategic Issues
• Financial Statement Analysis
• Corporate Finance
• International Business

Certified Public Accountant (CPA), CPA Australia

Certified Management Accountant (CMA, Institute of Certified Management Accountants, Australia

Chartered Management Accountant (FCMA), Fellow, Chartered Institute of Management Accountants (incorporated by Royal Charter) UK

Chartered Accountant (FCA), Fellow, Institute of Chartered Accountants of Sri Lanka

DipM UK MBA PhD Bradford UK FCA CPA CMA

• Carbon emissions trading impact on business strategy and reporting
• Reputation risk management
• The marketing - finance interface
• Pricing and capacity decisions in international telecommunications
• The gap between theory and practice in competitive industries
• Capability valuation of brands and other intangible assets

The following represent a selection from Professor Ratnatunga's (over 200) publications of Books, Monographs, Refereed Journal articles and Conference papers:

(2009) “Carbon Cost Accounting: The Impact of Global Warming on the Cost Accounting Profession, Journal of Accounting, Auditing and Finance (accepted for publication)

(2008) “An Inconvenient Truth about Accounting: The Role of Accounting and Assurance Standards in Carbon Trading and Regulation”, 2008 AAA Conference, August, Anaheim, USA, pp. 1 36 (with Jones, S.)

(2008) “Corporate Governance and ERM in a High Risk Industry: The Emerging Role of Management Accounting”, 2008 AAA Conference, August, Anaheim, USA, (with Alam, M.)

(2008) ““Carbonomics: The Impact of Carbon Trading on Business”, GU8 Conference on Global Issues for Business, University of Rhode Island, Newport, May

(2007) “An Inconvenient Truth about Accounting: The Role of Accounting and Assurance Standards in Carbon Trading and Regulation”, 19th Asian Pacific Conference on International Accounting Issues, November, Kuala Lumpur, Malaysia, Electronic Proceedings, pp. 1-36 (with Jones, S.)

(2007) “Corporate Governance and ERM in a High Risk Industry: The Emerging Role of Management Accounting”, 2007 AFAANZ Conference, July, Gold Coast, Australia (with Alam, M.)

(2007) Carbonomics and Carbalisation : The Emerging Economic Paradigms of the Greenhouse Effect, In-House Seminar of the Central Bank of Sri Lanka, June, Colombo, Sri Lanka

(2007) “An Inconvenient Truth about Accounting”, Journal of Applied Management Accounting Research, 5 (1), pp. 1-20.

(2006) “The Relationships between Broad Scope MAS, Managerial Control, Performance and Job Relevant Information: A Concomitant Analysis”, Review of Accounting and Finance, University of Illinois, Vol.5 No.3, pp 228-250 (with Sharma, R. and Jones, S.)

(2006) Financial Modelling (4th Edition), Quill Press, Melbourne, 548pp (with Beaman, I; Krueger, P and Mudalige, N.).

(2005) “The Brand Capability Value of Integrated Marketing Communication”, Journal of Advertising, 34(4), Winter, pp. 25- 40 (with Ewing, M.) (Ranking A)

(2005) “Student Preferences for Common or Unique Assignments: Some Early Findings”, Australian Journal of Accounting Education, 1(1), pp. 1-17. (with Waldmann, E. and Geiger, M.).

(2004) “CEVITA: The Valuation and Reporting of Strategic Capabilities”, Management Accounting Research, 15(1) March, pp. 77-105 (with Gray, N. and Balachandran, K.R.) (Ranking A).

(2001) “The Impact of Competition on Information Technology Usage: A Cross-Industry Study of Australian Listed Companies and Industries”, 13th Asian Pacific Conference on International Accounting Issues, October-November, Rio de Janeiro, Brazil, p.315 (Abstract) (with Suwardy, T.)

(2001) “Buyer-Supplier Relationships: A Case Study of a Japanese and Western Alliance”, Long Range Planning, 34(6), pp. 727-740 (with Cooray, S.)

(2000) “Applying Quality Management Methodology to Business Education: A Case Study of an Accounting Department”, Second Globalization Conference of the American and British Accounting Associations, Cambridge University, July, Cambridge, England, (with Waldmann, E.).

(2000) Critical Factors in Securitization of Financial Assets – Evidence from Australia, Financial Practice and Education, Vol. 10, No.2, Fall/Winter, pp. 34-46 (with O’Connell, B., and Smynious, K.). (Ranking B).

(2000) Lessons from the Atlanta Olympics: Marketing and Organisational Considerations for Sydney 2000. The Journal of Sports Marketing and Sponsorship, September-October, pp. 239 -257 (with Muthaly, S.)

1999) Venturing Overseas: Strategic Approaches Adopted by Foreign Food Companies in Malaysia, British Food Journal, 101(2), pp 108-131 (with Muthaly, S. and Schroder, W.)

(1999) Strategic Management Accounting (Editor), Quill Press, Melbourne, 300pp.

(1997) Traditional and Activity Based Costing Systems, Accounting Education: An International Journal, 6(4), 337-345 (with Sharma, R.). (Ranking B).

(1997) “A Citation Classics’ Analysis of Articles in Contemporary Small Enterprise Research”, Journal of Business Venturing, 12(3): 197-212 (with Romano, C.)

(1997) The Decision Usefulness of Cash Flow Statements by Australian Reporting Entities: Some Further Evidence, British Accounting Review, 29(61): pp 67-85 (with Jones, S.).

(1996) “Identifying the Impact of Journals and Articles on Contemporary Small Enterprise Research: A Citation Analysis”, Entrepreneurship: Theory and Practice, 20 (3): 7-21 (with Romano, C.).

(1995) “The Role of Marketing: Its Impact on Small Enterprise Research”, European Journal of Marketing, 29 (2): pp 9-30 (with Romano, C.).

(1995) Accounting Theory: A Contemporary Review, Harcourt Brace Jovanovich, Sydney 692 pp. (with Jones, S., and Romano, C.).

(1994) Principles of Financial Decision Making, (2nd Edition), John Wiley & Sons, Brisbane, 690 pp. (with Romano, C., and Waldmann, E.).

(1993) Financial Entrepreneurship in the Small Firm, Addison Wesley, Melbourne, 1993, 246 pp. (with Romano, C., and Lourens, L.).

(1993) Systems and Procedures in Accounting, John Wiley & Sons, Brisbane, 620 pp. (with Romano, C., and Waldmann, E.).

(1993) Issues in Strategic Management Accounting, Harcourt Brace Jovanovich, Sydney, 298 pp. (with Miller, J., Mudalige, N., and Sohal, A. - Eds).

(1993) Study Guide for Telecourse Accounting and Financial Decision Making, John Wiley & Sons, Brisbane, 400 pp (with Romano, C., and Waldmann, E.)

(1993) Australia and New Zealand Small Business Manual, CCH Australia Ltd., Sydney, 375 pp (with Dixon, J. – Eds).

(1988) Accounting for Competitive Marketing, Chartered Institute of Management Accountants, London: 193 pp.

(1986) Financial Controls in the Australian Food Marketing Industry: A Qualitative Study, International Fellowship for Social and Economic Development, Canberra: 184 pp.

I am able to provide media comment in the following areas of expertise:

Discipline: Accounting, Management Accounting, Postgraduate management education

• Carbon Trading
• Business and Capability Valuation
• Brand Valuation
• Strategic Cost Management
• Strategic Management Accounting