IntroductIon At the Nicholas Copernicus University in ToruĊ„ an initiative to publish a scienti- fic magazine Copernican Journal of Finance & Accounting was taken. The Journal serves for the development of the science of Finance as a forum of presentations and analyses of scientific working papers in the scope of finance and accoun- ting in the international dimension. The Journal is dedicated to theoreticians and also practitioners who deci- ded to meet a challenge of obtaining scientific degrees in Finance. In this way a passion for scientific work finds new possibilities of coopera- tion. The members of such defined scientific society will be creators and au- dience of contents published in the CJF&A. In maintaining high quality of the Journal will help us a team of acknowledged scientists joining the Programme Council and the Reviewers Team. We are deeply grateful to them for their enga- gement in such an important initiative. We are convinced that Copernican Spirit of Science will accompany us in the noble work to expand science. We remember that our great patron, Nicholas Copernicus, not only was an astronomer of worldwide renown, who changed science, but also an economist who formulated a law known as a Copernicus- -Gresham law. This obliges all of us. Editor in Chief Professor Leszek DZIAWGO