Center for Economic Analysis

The Center for Economic Analysis, which began operations in 2014, studies and advises the Board and PCAOB staff on the role of the audit in capital formation and investor protection and how economic theory and analysis can be used and further developed to enhance the effectiveness of PCAOB programs.

The Center works to integrate economics and rigorous data analysis across the entire range of PCAOB programs, including standard-setting, inspections, enforcement, and risk assessment.

The Center's activities include:  

  1. Preparing economic analysis to inform standard setting and other PCAOB rulemaking
  2. Fostering economic research on audit-related topics including the role and relevance of the audit in capital markets
  3. Developing empirical tools for use in PCAOB oversight programs

Learn more about the Center's activities.

Latest Working Papers

The Center's economic research fellows generate independent economic research that informs the oversight activities of the PCAOB. Working papers are preliminary materials that have not been approved by the Board and reflect only the views of the author(s). (Note: Bold name indicates fellow.)

Learn more about our working papers.

Conference on Auditing and Capital Markets

The Center for Economic Analysis, in conjunction with the Journal of Accounting Research, organizes an annual conference to promote a better understanding of the importance of audits in capital markets. The goal is to consider the characteristics of an audit, audit firms, and the structure of the audit market. This understanding, in turn, informs the work of the PCAOB. 

The 2016 conference will be held on October 20-21 in Washington. The Center will be issuing the conference announcement and call for papers soon.

Economic Research Fellowships

In order to encourage research on audit related topics, the Center for Economic Analysis solicits applicants for fellowship positions:

  • Senior Fellows. Tenured or tenure-track junior faculty members in economics, finance, accounting, or a related area.
  • Fellows. Completed all course work in a doctoral program in economics, finance, accounting, or a related area, and should be actively performing research or writing a dissertation.

Apply for a fellowship for the 2016-2017 Academic Year​