Our Economic and Risk Analysis Team

The PCAOB is committed to evidence-based oversight and policymaking in order to use its regulatory tools and resources efficiently. The PCAOB employs economists, researchers, and analysts to further these goals.

Staff economists and research fellows conduct economic analysis, research, risk assessments, and other data analysis to inform PCAOB oversight activities. The staff apply both quantitative and qualitative approaches to help the PCAOB evaluate issues in a way that maximizes regulatory effectiveness and minimizes unintended consequences. The staff also identifies and analyzes audit and financial reporting risks and trends to inform PCAOB oversight activities, including its inspection program.

Staff economists conduct prospective economic analysis to ensure that regulatory decisions are informed by rigorous economic analysis. Post-implementation reviews complement prospective economic analysis by evaluating significant rulemakings to gauge overall effects and to gather perspectives on whether rules and standards can be improved. Staff economists also apply economic analysis and statistical techniques to enhance other aspects of PCAOB oversight, including inspection and enforcement.

Staff economists and research fellows generate high quality working papers that inform the oversight activities of the PCAOB. Working papers are disseminated to stimulate discussion and critical comment to the benefit of the public.

The group hosts an annual conference on auditing and capital markets to foster high quality economic analysis on auditing related topics, including the economic impact of auditing and audit regulation on capital markets. The conference, organized in conjunction with the Journal of Accounting Research, draws upward of 150 researchers from around the world.