The 22nd Annual Conference on Finance and Accounting

Faculty of Finance and Accounting
3-4 June 2021

Welcome to ACFA 2021

The Faculty of Finance and Accounting of Prague University of Economics and Business is delighted to host The 22nd Annual Conference on Finance and Accounting (ACFA 2021). The Conference takes place on 3-4 June 2021.

The Conference offers an opportunity for scholars to present their research-in-progress. The Conference’s platform enables researches from all over the world to share their thoughts, visions, to discuss contemporary development in the field and get, thus, a value feedback. This could be useful for emerging researchers and especially for Ph.D. students, who can submit their papers for the special Ph.D. Track. Another benefit of being ACFA participant are rich publication opportunities, including special issue of European Financial and Accounting Journal or conference proceedings.

We encourage both senior researchers and doctoral students to submit the paper to any of the Conference Scientific Sessions depending on their research interest.

We look forward to meeting all interested parties at the The 22nd Annual Conference on Finance and Accounting in June 2021.


The ACFA Chair

Conference topics

  • Finance (not limited to):
    • Banking and insurance
    • Monetary theory
    • Public finance and taxation
    • Corporate finance and business evaluation
  • Accounting (not limited to):
    • Financial accounting
    • Management accounting
    • Auditing
  • Economic education


  • Conference date: 3-4 June 2021
  • Submission of full papers: 1 March 2021
  • Notification of acceptance/rejection: 10 April 2021
  • Payment of the conference fee: not later than 30 April 2021
  • Submission of updated papers: not later than 30 April 2021


The Conference fee covers all conference materials (excluding the publication fee for EEE, which shall be paid separately upon submission to the journal). The payment of the Conference fee is processed solely via Registration system. No cash payments will be accepted on the spot.

We apply the following fee policy:

  • Basic conference fee of “5 000 CZK (approximately 200 €)” for all participants except for the Ph.D. students
  • No conference fee for the Ph.D. students, subject of meeting the qualifying conditions for the Ph.D. Track

The Conference fee is not refundable, if the participation is cancelled.

Publication options

In general, authors may choice among following (mutually exclusive) publication options:


The authors are expected to follow publication and ethical standards as defined by The Committee on Publication Ethics (COPE). The non-compliance will cause an automatic rejection of the paper.

Review Process
  • All submitted papers are subject to double-blind review process
  • There are five assessed criteria: (a) specification of the aim and its fulfillment; (b) methodological soundness; (c) work with literature; (d) coherence of findings, arguments and conclusions; (e) contribution.
  • For each criterion, a reviewer assigns mark from 1 (the best) to 5 (the worst)
  • All criteria are equally weighted for final score
  • A paper is accepted, if both reviewers evaluate the paper by mark 3 and better (i.e. the final score has to be between 1.0 to 3.0)

The review process follows the standards as defined by The Committee on Publication Ethics (COPE).

Formatting guidelines

The requirements on formatting differ depending on the publication option preferred by the authors. In any case, the paper submitted for the presentation in the Conference should be uploaded in pdf format and it shall not contain any personal identification of author(s)

European Financial and Accounting Journal

Please follow the instructions for the authors published on the journal’s website


Please follow the instructions for the authors published on the journal’s website


Please follow the instructions for the authors published on the journal’s website

Conference proceedings
  • The paper’s length shall be between 10-15 pages
  • The paper has to be prepared according to the sample paper
Registration Procedure
  • All participants has to register via Registration system
  • The papers are uploaded into Registration system only by the corresponding author
  • Format of the submission:
    • the version for peer-review evaluation – pdf file, formatting according to guidelines, no identification of authors


Registration System
  • Registration system includes:
    • identification data of the author and co-author(s)
    • on-line 3D Secure-gate for the payment of conference fee
    • invoice
    • Letter of  Invitation/Confirmation

Disclaimer: The Letter of  Invitation/Confirmation generated by the Registration System is designed only for those participants who need to obtain a visa or need a confirmation for their sending university. It will be generated by the system once the paper is accepted for presentation. If you are co-author not uploading the paper into the system, contact the conference chair to prepare invitation separately.

The organisers do not cover any fees and other expenses related to anyone’s participation in the Conference.

Scientific Committee

Leoš VÍTEK, Chairman, Vice-dean for the Research at the Faculty of Finance and Accounting, University of Economics, Prague

Karel JANDA, Charles University and University of Economics, Prague

Martin MANDEL, University of Economics, Prague

Jan PAVEL, University of Economics, Prague

Petr TEPLÝ, University of Economics, Prague

Jan-Hendrik MEIER, University of Applied Sciences, Kiel

Juraj NEMEC, Matej Bel University in Banská Bystrica

Danuše NERUDOVÁ, Mendel University in Brno

Jinhan PAE, Korea University Business School

Marco TALIENTO, University of Foggia


Organising Committee

David PROCHÁZKA, Chairman, University of Economics, Prague

Jiří PELÁK, ICT Coordinator, University of Economics, Prague


Guest Editor

David PROCHÁZKA, University of Economics, Prague

PhD Track

Doctoral students submit their papers (for any of the Scientific sessions) to the Special PhD Track.

The benefits of the PhD Track :

  • No conference fee
  • Nomination for The Best Doctoral Paper Award
  • Extended feedback on submitted papers

The conditions to qualify for the PhD Track:

  • Doctoral student has to be the main author of the paper and is supposed to present paper in person
  • Any participating co-author, if not a PhD student, has to pay the conference fee
  • Student proves his/her status (confirmation by the university, ISIC, etc.) at the Registration Desk


The Conference takes place in the main campus of the University of Economics, Prague.

More information about the University can be obtained HERE.


University of Economics, Prague

Nám. W. Churchilla 4 130 67 Prague 3

Public transport:

The campus can be reached by tram No. 5, 9, 15, 26 (station Husinecká) or by bus No. 135 (station Náměstí W. Churchilla). A single ticket costs 32 CZK (approximately 1,20 €); a 24-hour ticket costs 110 CZK (approximately 4 €). Tickets can be bought in yellow machines at tram/bus/metro stations or at tobacconist’s. More information on Prague public transport here.


Conference History

Originally, the Conference was focused exclusively on the doctoral students. It was the biggest conference at the CEE region solely oriented on the presentation of the research in finance and accounting by Ph.D. students. The feedback obtained by the participation at the Conferences contributed to the development and improvement of working papers. Ph.D. students were consequently able to succeed in publishing their research in high-quality scientific journals (incl. those published by Nature).

From 2015, the Conference broadens its scope to all researchers independent on their academic status. We believe that interaction between emerging researchers and experienced scholars may be beneficial for both groups.

As in previous years, the PhD students will be contesting for The Best Doctoral Paper Award.

Winners of The Best Doctoral Paper Award

Proceedings & Photogallery