His primary research area is archival/capital markets research in financial accounting and reporting. His current areas of research within financial accounting are informativeness of financial statements, earnings quality including earnings management and financial statement restatements, and corporate governance. He has published peer-reviewed co-authored articles in Journal of Information Systems, Advances in Accounting, and Petroleum Accounting and Financial Management Journal. Professor Guragai's primary teaching interests include financial accounting and managerial/cost accounting.