Academic Researchers Are Supposed to Get Extra Access to Auditors
The audit section of America is implementing new ways to improve its method to allow the academic researchers an opportunity to know everything. A report says.
The main center for Center Audit Quality and American Accounting Association’s Auditing Section is intending to launch a program wherein the accounting researchers improved the access to a number of auditors from the six main firms to participate in the research. This program will be exclusively available to the researchers from the doctoral students and the professors with the help of Horwath, Ernst & Young, McGladrey, KPMG and Deloitte. The joint venture of this program is brought in by CAQ and AAA. The CAQ director, Cindy Fornelli said they have been jointly working for the improvement of the Auditing Section along with the American Association for the past few years. This is a need which mainly deals with a big inquisitiveness from the academic circle. This particular method and process is very important for the PhD students and the professors belonging to the tenure track.
The future of the auditing industry mainly depends on the professors who will be training the accounting students properly. The accounting future of all the companies depends on them. The students can’t build up their career to be a proper accountant if they do not do a radical research in this field. This particular initiative can be very useful to the students as it will give them an opportunity to do a research in the field by doing a regular job. The entire credit of this new access goes to Cindy Fornelli who said that the academic students have to go from one firm to the other like a salesperson in the expectation of doing a research of learning something new. Thus if the permission is not granted by a particular company, they can hardly get enough projects for the research.
The process which was previously used like going from door to door was really time consuming and frustrating. The students have to go from one organization to the other in search of the right person who would be willing to help them. Maximum number of organizations can’t handle multiple requests at the same time and a deal is always made with the universities about whom to allow.