Copyright ©2015 Australasian Accounting Business and Finance Journal and Authors.

The editors of the Australasian Accounting, Banking and Finance Journal wish to congratulate the authors of the papers published in this issue. As highlighted below, the papers included in this issue have covered diversified topics involving both the private and public sector accounting including Australian and international accounting education issues. The paper of Watts, Bowrey and McNair-Connolly has investigated the adaptive and maladaptive consequences of changes resulting from the commercialisation of accounting education in Australia. They have found that some universities in Australia have adequately responded to the commercialisation and have adapted well with the changes and as a result they have excelled in their research and publication outputs. On the other hand some universities were either very slow or were not intending to respond to the changing environment and as a result are facing with maladaptive consequences. This finding lead us to think what will happen to Australian universities within the next twenty or thirty years? Charles Darwin is often credited with saying that the survival of the different species will not depend on their fitness in terms of their intelligence or physical strength, rather it will depend on how well they are responsive to changes (Cooper, 2015). Considering this Darwinia