In this newsletter:
> Call for Research Project Proposals 2018 (submit by 16 March 2018)
> Report on FAR Masterclass 15 November 2017: “What do we already know about…? Identification and negotiation of audit findings”
> Save the date: 3rd International FAR Conference 2018 (5 and 6 June)
> FAR’s 1st Annual Report is available in English
> Merry Christmas and a Happy New Year!
Call for Research Project Proposals 2018 (submit by 16 March 2018)
We are proud to issue FAR’s 3rd Call for Research Project Proposals (2018). Based on further development of our research agenda and strategy, we would like to invite multidisciplinary research groups in accounting and auditing to submit a written proposal to the Scientific Committee of FAR no later than March 16, 2018. This call includes three topics in the grant program (empirical research projects). FAR supports projects using multiple research approaches and methods. A strong focus of the program is to expand the understanding of the theoretical substance of auditing by making available archival empirical data collected from audit firms, while the participating audit firms have also agreed to cooperate with survey research, interviews, experiments, and case studies. For a full overview of the agenda and the requirements to submit a research proposal, please see the following documents:
Report on FAR Masterclass 15 November 2017: “What do we already know about…? Identification and negotiation of audit findings”
This FAR Masterclass gave a sneak preview into the black box of an auditor’s impact on audit quality through the lens of misstatements and negotiations. How do auditors identify misstatements, and if they do, how do they negotiate these misstatements with their clients? Again, the Masterclass provided a platform for mutual knowledge sharing between practitioners and scientists. The four most important takeaways are:
- Auditors’ impact on client financial statements is non-trivial.
- The linking pin between error/accounting issues and outcomes/consequences is the auditor-client negotiation process.
- The auditor-client negotiation process is influenced by contextual factors: external conditions, interpersonal context, and parties’ characteristics.
- The negotiation strategies of both the auditor and the client play an important role during the misstatement evaluation process.
For the full report, including photos and additional materials, please visit the following page.
Save the date: 3rd International FAR Conference 2018 (5 and 6 June)
FAR’s 3rd International Conference is coming up in the spring of 2018. This conference will focus on sharing what we already know from science on relevant questions from auditing practice (also based on the intermediate outcomes of the FAR Research Projects), views from practice, ways of further strengthening audit quality, and sharing of research opportunities. The International FAR Conference will take place on 5 and 6 June 2018 at the Nyenrode Business Universiteit in Breukelen, the Netherlands. We kindly ask you to save the date in your diary and to join us on these two inspirational days. The conference is free of charge and participants can apply for Dutch credits for permanent education (PE hours). Program, registration, and further detailed information will be available as soon as possible.
For our colleagues abroad we would like to point out that the 3rd International FAR Conference is conveniently scheduled in between three other interesting conferences close by:
- The British Accounting & Finance Association Auditing [BAFA] Conference in Dublin (Ireland) on 24 and 25 May 2018;
- The European Accounting Association [EAA] Congress in Milan (Italy) on 30 May to 1 June 2018; and
- The International Symposium on Audit Research [ISAR] in Maastricht (the Netherlands) on 7 and 8 June 2018.
FAR’s 1st Annual Report is available in English
We are pleased to inform you that the 1st annual report of the FAR is now also available in English. Please click here if you wish to read more.
Merry Christmas and a Happy New Year!
With the last FAR newsletter of 2017, we want to thank you for your interest in our foundation, and we are looking forward to keeping you updated on our latest activities in the New Year. The Foundation for Auditing Research wishes you and your loved ones a Merry Christmas and a Prosperous New Year!
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