2015 Conference on Auditing and Capital Markets

Conference Announcement and Call for Papers

The conference is organized by the Public Company Accounting Oversight Board's (PCAOB) Center for Economic Analysis, in conjunction with the Journal of Accounting Research (JAR).

Date:October 22-23, 2015
Location:Washington, DC - By invitation only

The conference aims 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, may inform the work of regulators.

Conference organizers are Luigi Zingales, University of Chicago and PCAOB; Christian Leuz, University of Chicago and PCAOB; Patricia Ledesma, PCAOB; and Michael Gurbutt, PCAOB.


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:

  • Role of the audit in capital formation and economic growth
  • Industrial organization of the audit industry
  • Political economy of auditing and accounting
  • Economic and social incentives in the audit profession
  • Economic analysis of financial regulation
  • Impact of international regulatory audit reforms
  • Effects of audit and financial reporting failures on financial markets
  • Multi-layered principal-agent problems in auditing
  • Proxies for audit quality and their potential usage and impact

Submission Details

The organizers invite the submission of working papers by Aug. 12, 2015. 

Papers will be blind-reviewed by the Program Committee. Submissions to the conference are not considered submissions to the Journal of Accounting Research (JAR). Papers can, of course, be submitted separately to JAR, in which case they enter the normal review process. Moreover, JAR editors may solicit conference papers for publication in JAR. In such cases, the authors will be invited to submit their papers to JAR after the conference.

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

Paper Submission Procedure

Please send a PDF version of your paper, with a separate title page to facilitate a blind-review, by Aug. 12, 2015 to the Center for Economic Analysis at [email protected] specifying "PCAOB/JAR Conference" in the subject line.

Program Committee Members

Luigi Zingales (Chair) University of Chicago and PCAOB 
Philip BergerUniversity of Chicago 
John Coates
Harvard University
Angela GoreGeorge Washington University
Luzi HailUniversity of Pennsylvania
Rachel HayesUniversity of Utah 
Robert Knechel University of Florida
Clive LennoxNanyang Technological University 
Christian Leuz
University of Chicago and PCAOB
Maureen McNicholsStanford University
Miguel Minutti-MezaUniversity of Miami
Karen NelsonRice University 
Mark PeecherUniversity of Illinois at Urbana-Champaign 
Paola SapienzaNorthwestern University
Catherine SchrandUniversity of Pennsylvania 
Haresh SapraUniversity of Chicago
Suraj Srinivasan Harvard University 
Douglas SkinnerUniversity of Chicago
Michael WillenborgUniversity of Connecticut 

Conference Attendance

Attendance is free and by invitation only. Academics interested in receiving an invitation should contact the Center for Economic Analysis at [email protected].