CAQ Issues Request for Auditing-Related Academic Research Proposals

The Center for Audit Quality (CAQ) has issued its 11th annual request for proposals to fund independent academic research on projects of interest to the auditing profession. To date, the CAQ has funded 39 academic research projects under the auspices of its Research Advisory Board, which is comprised of representatives from academia and the public company auditing profession.

“Academic research plays an important role in informing and improving audit practice,” said CAQ Executive Director Cindy Fornelli. “The grants that are funded under this program have addressed key issues, such as professional skepticism, audit quality, fair value estimates, and auditor judgment and decision making. The profession is pleased to support independent academic research that can shape the audit of the future.”

The CAQ’s request for proposals targets topics of interest that include the following:

Auditing accounting estimates and fair value measurements
Audit committee and board effectiveness
Audit implications of new accounting standards
Auditor risk assessment
Audits of internal control over financial reporting
Cybersecurity
Data analytics
Fraudulent financial reporting
Group audits
Materiality
New auditors’ reporting model
New corporate disclosures and new media
Non-GAAP measures
Professional skepticism
Value of the audit

To be considered, proposals must be submitted by March 14, 2019, through the CAQ’s online submission form. Proposals will be reviewed by the CAQ’s Research Advisory Board.

Grants will be announced in June of 2019. The request for proposals and a list of previous grant recipients are available on the CAQ’s website.