CAQ calls for 2018 audit research proposals

The Center for Audit Quality made its 10th annual request for research proposals this week, looking to fund more independent academic projects relevant to the future of auditing.

The CAQ has already funded 35 research projects via its grant program.

“In today’s ever-changing business environment, academic research plays a crucial role in informing and improving audit practice,” stated CAQ executive director Cindy Fornelli. “For the 10^th year in a row, the CAQ is pleased to offer funds for important, independent academic research that can help shape the audit of the future. Our program is part of the profession’s commitment to improving audit quality for the benefit of investors and our capital markets.”

The CAQ program focuses on the "critical issues" of audit, including, but not limited to, audit risk assessment, audit committee effectiveness, cybersecurity, professional skepticism, non-GAAP measures, fraud reporting and audit value.

Proposals must be submitted by Thursday, March 15, 2018, via the CAQ's submission form. Proposals will be reviewed by the Center's Research Advisory Board, comprising members of academia and audit professionals. The winning grants will be announced in June 2018.

For more information, including previous grant recipients, head to the CAQ's site here.