The Public Company Accounting Oversight Board has established an academic fellowship program to recruit accounting researchers to spend a year at the PCAOB’s headquarters in Washington, D.C.

This program aims to appoint an experienced accounting researcher and academic, with an active interest in auditing and oversight matters, on an annual basis. “We believe the PCAOB will greatly benefit from this partnership with accounting research professionals,” said acting PCAOB chairman Daniel L. Goelzer in a statement.

The first academic fellow chosen by the PCAOB will be assigned to the Office of Research and Analysis for the academic year 2010-2011 to help identify and analyze emerging accounting and auditing issues, and other risk areas that may contribute to audit failures.

The academic fellow will provide analytical support and expertise to the Office of Research and Analysis and other PCAOB staff. Specific work assignments will depend upon the current needs of the PCAOB as well as the academic fellow’s interests and personal qualifications.

Frequently asked questions about the program, including how to apply, can be found on the PCAOB Web site at Applications are due by Jan. 30, 2010.

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