FAR is an independently operating scientific research institute, committed to delivering excellent academic research, conducted by the best academics within the audit field.
FAR is founded to academically inform the development of the audit profession through academic research in collaboration with currently nine affiliated audit firms. FAR is aware of its sensitive position, conducting academic research in the context of the auditing practice, in collaboration with and funded by leading auditing firms. To secure our autonomous position, the FAR Board Members, Staff and Researchers adhere to the FAR Code, encompassing 3 guiding principles:
All FAR Academic Research must be rigorous, traceable, objective and transparent. All FAR Research Projects are therefore commissioned externally to (inter-)nationally and independently operating research teams. The researchers are subject to the ethical and independence principles of the Netherlands Code of Conduct for Scientific Practice (Version 2014). All research publications are subject to and comply with the academic journal standards, among which double blind peer review.
FAR publishes scientific outcomes and findings ‘as is’. FAR publications are intended to provide the audit profession with objective academic research outcomes, regardless of the impact it may have on the profession or audit firms. FAR intends to be the objective source of scientific accurate information to inform the professional development and public policy making regarding audit quality.
FAR operates autonomously from its funding partners. The four academic board members and the independent Chair of the board hold the majority of the votes. The board members representing the funding partners hold a minority of the votes.