2018 Conference on Auditing and Capital Markets and Call for Papers

The conference is organized by the PCAOB in conjunction with the Journal of Accounting Research (JAR).

Date:October 4-5, 2018
Location:Washington — By invitation only


The conference aims to foster rigorous economic research on audit-related topics including the economic impact of auditing and audit regulation on capital markets.


The conference organizers encourage the submission of papers about all aspects of auditing of corporations, as well as the impact of regulation and oversight.  Papers may be theoretical, archival, or experimental in nature.

Topics of interest include, but are not limited to:

  • Market impact of audit regulation and oversight
  • Economic effects of the application of audit standards to audits of emerging growth companies
  • Applications of regulatory economics to auditing
  • Role of the audit in capital formation and economic growth
  • Industrial organization of the audit profession
  • Political economy of auditing and accounting
  • Economic and social incentives in auditing, including research on heuristics, biases, and social networks
  • Effects of multilayered principal-agent relationships present in auditing
  • Applications of behavioral economics to auditing, financial reporting, and the formulation of auditing standards
  • Effects of audit and financial reporting failures on financial markets
  • Economic and audit quality impacts of international regulatory audit reforms
  • Applications of technology in audits and audit regulation
  • Proxies for and indicators of audit quality and their potential usage and impact

The conference organizers also encourage the submission of papers of relevance to post-implementation review of PCAOB rules and standards, economic analysis in standard setting, topics included on the PCAOB's research agenda, and other issues of relevance to the PCAOB mission which, under the Sarbanes-Oxley Act, is to protect the interests of investors and further the public interest in the preparation of informative, accurate, and independent audit reports.

Dual Submission Process

At your discretion, a paper submitted to the 2018 Conference on Auditing and Capital Markets also may be considered for publication by JAR free of charge.  The rules for this dual submission process are as follows:

  1. You must explicitly indicate that you are interested in being considered for publication by JAR.
  2. At the discretion of the JAR editors, a small number of dual submissions will be invited to submit to JAR.  JAR will waive the fee on these submissions and only these submissions will be formally reviewed.  The authors will receive a decision from JAR, including one or more referee reports.  All other conference submissions will not be considered as a submission to JAR and will not receive a referee report.
  3. Papers submitted for dual consideration must not be already under review by JAR or another journal, or previously rejected by JAR.
  4. In the event that a dual submission that has been invited is subsequently rejected, its authors have the option to submit a future version of the paper to JAR without prejudice.  At that point, it is considered a normal JAR submission.
  5. While under consideration as a dual submission for the 2018 Conference on Auditing and Capital Markets and invitation by JAR, a paper may not be submitted to another journal (or JAR) until the author has been notified whether or not the paper will be invited for reviewing at JAR.  Authors should expect to hear by mid-September.

Paper Submission Details

Please send a PDF version of your working paper, with a separate title page to facilitate a blind-review, by July 13, 2018, to ERA@pcaobus.org specifying "PCAOB/JAR Conference" in the subject line. Please indicate if you would like your paper also to be considered for dual submission and publication by JAR.

The PCAOB will reimburse presenters and discussants reasonable travel expenses and accommodations.

Program Committee Members

Philip Berger (*)University of Chicago
Mark DeFondUniversity of Southern California
Angela GoreGeorge Washington University
Rachel HayesUniversity of Utah
Steven KachelmeierUniversity of Texas at Austin
Robert KnechelUniversity of Florida
Christian Leuz (*)University of Chicago
Gregor MatvosUniversity of Texas at Austin
Maureen McNicholsStanford University
Michael MinnisUniversity of Chicago
Miguel Minutti-MezaUniversity of Miami
Adair MorseUniversity of California, Berkeley
Karen NelsonTexas Christian University
Mark PeecherUniversity of Illinois at Urbana-Champaign
Haresh Sapra (*)University of Chicago
Antoinette SchoarMassachusetts Institute of Technology
Joe Schroeder        Indiana University
Douglas Skinner (*)University of Chicago
Eugene SoltesHarvard University
Suraj SrinivasanHarvard University
Ann VanstraelenMaastricht University
Rodrigo VerdiMassachusetts Institute of Technology
Michael WillenborgUniversity of Connecticut

(*) Denotes Editors and Advisory Editors of JAR.

Conference Attendance

Attendance is free and by invitation only.  Academics interested in receiving an invitation should contact the conference organizers at ERA@pcaobus.org.