April 25, 2018

CAQ and AAA Auditing Section Announce Awards for Access to Audit Personnel Program

Washington, DC - The Center for Audit Quality (CAQ) and the Auditing Section of the American Accounting Association (AAA) announced three awards for the Access to Audit Personnel Program, which connects academics with audit practitioners to participate in research projects.

"The CAQ values its strong relationship with the academic community, and we are delighted to coordinate the collection of data from audit personnel at our member firms again this year," said CAQ Executive Director Cindy Fornelli. "Academic research is crucial as we work together to advance audit quality for the benefit of investors and our capital markets."

Of the proposals received in 2018, the review committee selected the following projects to support:

  • Erin Hamilton, University of Nevada, Las Vegas, Error or Fraud? The Effect of Omissions on Management's Fraud Strategies and Auditors' Evaluations of Identified Misstatements (with Jason Smith, University of Nevada, Las Vegas)
  • Christy Sims, University of Georgia, Improving Auditors' Review of Complex Evidence Sets (with Justin Leiby, University of Georgia; and Jacqueline S. Hammersley, University of Georgia)
  • Dan Zhou, University of Illinois at Urbana-Champagne, Promoting Proactive Auditing Behaviors (with Mark Peecher, University of Illinois at Urbana-Champagne; and Michael Ricci, University of Florida)

The Access to Audit Personnel Program will connect these researchers with approximately 430 auditors at CAQ Governing Board firms. Now in the program's sixth year, the CAQ and the AAA Auditing Section have supported 22 academic projects and provided access to nearly 5,000 audit practitioners.

“The Access to Audit Personnel Program is important for promoting judgment and decision-making research in accounting and auditing,” said Rick Hatfield, President of the AAA Auditing Section and Fayard Endowed Chair in Accounting at the University of Alabama. “We are pleased to help researchers clear a major hurdle of academic research by connecting them with real-life auditors.” 

The Request for Proposals for the 2019 award cycle, which provides information on the evaluation criteria, is now available on the CAQ website; proposals are due by February 4, 2019.

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About the CAQ

The Center for Audit Quality (CAQ) is an autonomous public policy organization dedicated to enhancing investor confidence and public trust in the global capital markets. The CAQ fosters high-quality performance by public company auditors; convenes and collaborates with other stakeholders to advance the discussion of critical issues that require action and intervention; and advocates policies and standards that promote public company auditors’ objectivity, effectiveness, and responsiveness to dynamic market conditions. Based in Washington, DC, the CAQ is affiliated with the American Institute of CPAs. For more information, visit www.thecaq.org.

About the AAA

The American Accounting Association promotes worldwide excellence in accounting education, research and practice. The Association is a voluntary organization of persons interested in accounting education and research. For more information, visit www.aaahq.org.