An audit firm can be considered a high reliability organization, just like a hospital, an airline or a nuclear power plant. If an auditor makes a wrong judgment then it can have very serious negative consequences, even if it is about money rather than directly about human lives.

In this newsletter: Reminder: Online FAR Conference on 22 June 2020 - Academic and practitioner insights on audit quality Reminder: Online Masterclass by Prof. dr. Eddy Cardinaels and Prof. dr. Kristoff Stouthuysen on “The impact of auditor interactions on audit quality” on 5 June 2020 FAR Literature Review & Practice Note: “Audit Committee Involvement and Audit Quality” by Ann Vanstraelen, Rogier Deumes, Sanne Janssen, Ganesh Krishnamoorthy, Mathijs van Peteghem, Caren Schelleman and Ulrike Thuerheimer FARview podcasts Other

Can a company deliver what it promises? Can a company still pay its suppliers? Can investors in the company be sure that their money will not be lost? These are all questions that are currently under discussion. There is also discussion about the role that the auditor can and should play in this.

The third episode of FARview featured researcher Christian Peters as a guest. In it, he explained his research on judgment and decision making in accounting practices. Christian is a first-year PhD student at Tilburg University. His PhD is co-sponsored by FAR.

FAR Literature Review and Practice Note by Ann Vanstraelen, Rogier Deumes, Sanne Janssen, Ganesh Krishnamoorthy, Mathijs van Peteghem, Caren Schelleman and Ulrike Thuerheimer.

As communicated to you earlier, we have decided to postpone the 5th FAR conference until June 2021. However, we are proud to announce that we will be hosting an interesting online and interactive session in the afternoon (1:00 - 5:30 pm CET) of Monday the 22nd of June 2020.