The Center for Audit Quality plans to award $200,000 in research grant funds to academics working on topics related to auditing and accounting.

The CAQ has issued a request for proposals for members of the academic community to conduct the research. The group plans to spend the money on multiple research projects on various topics, including professional judgment by preparers and auditors in applying financial reporting standards, audit quality, professional skepticism, and the value of the audit.

The CAQ has established a Research Advisory Board, made up of representatives from academia and the profession, to promote independent audit and accounting research.

The board will review the proposals it receives. The deadline to apply is May 15. For more information, visit www.thecaq.org.

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