CAQ issues request for 2019 audit research proposals

The Center for Audit Quality has issued its annual request for proposals to fund independent academic research on audit-related topics.

The CAQ has previously funded 39 academic research projects under its Research Advisory Board, comprised of members in academia and public company auditing professionals.

“Academic research plays an important role in informing and improving audit practice,” said CAQ executive director Cindy Fornelli in a statement. “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 is interested in research topics including:

• Auditing accounting estimates and fair value measurements.
• Audit committee and board effectiveness.
• The 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.
• The new auditors’ reporting model.
• New corporate disclosures and new media.
• Non-GAAP measures.
• Professional skepticism.
• The value of the audit.

Darren S. Higgins/Darren S. Higgins

Proposals must be submitted by March 14, 2019, via the CAQ’s online submission form. All proposals will be reviewed by the CAQ’s Research Advisory Board, with grants announced in June 2019. For more information, head to the CAQ's site here.