Dutch ‘Accountancy Lab’ established as Foundation for Auditing Research

The Dutch Foundation for Auditing Research (FAR), announced earlier as ‘Accountancy Lab’ is launched in Amsterdam on 20 October 2015. The audit profession is undergoing significant changes in respect of expectations and demands. The new foundation focusses on enhancing the knowledge of what makes a good audit today and on improving audit practices sustainably. FAR pursues these objectives by conducting relevant and rigorous academic research on the drivers of audit quality. FAR provides for a unique collaboration between science and practice, strengthening the learning curve of the audit industry and its stakeholders, feeding accountancy education, and sustainably bolstering the accountancy research community in the Netherlands and abroad. With that, the profession fulfills its intention as laid down in recommendation 5.10 of the profession’s 2014 improvement plan In the public interest, presented by the Future Accountancy Profession Working Group.

Please click here for the press release.