AICPA Will Finance Assurance Research

Accounting Today reported that the AICPA is planning to fund academic research on audit and assurance services. “The AICPA’s Assurance Research Advisory Group issued a request for proposals Monday seeking research on assurance topics that would be of interest to the CPA profession to help support the AICPA’s Enhancing Audit Quality (EAQ) initiative,” the publication’s Michael Cohn wrote in his Debits & Credits column. “In providing funding and resources, our goal is to support research related to the most-pressing private company audit issues,” said AICPA Senior Vice President for Public Practice and Global Alliances Susan Coffey was quoted as saying. The deadline for submitting proposals is Friday, Oct. 14, 2016.