The Center for Economic Analysis, which began operation 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's activities include: conducting economic analysis for standard setting; fostering economic research on audit-related topics including the role and relevance of the audit in capital markets; and developing empirical tools for use in PCAOB oversight programs.
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 2015 conference will be held October 22-23, 2015, at the Center for Strategic and International Studies, 1616 Rhode Island Avenue NW, Washington, DC 20036.
The Center for Economic Analysis solicits applicants to serve as Fellows who will conduct economic research on auditing matters that will inform the oversight activities of the PCAOB.