ANCAAR fosters and disseminates research in auditing and assurance that is of significance to policy makers, regulators and practitioners.
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Congratulations to the Winners of the ANCAAR-Sponsored Best Auditing Paper Award at AFAANZ 2026
ANCAAR congratulates Daniela De la Parra (University of North Carolina at Chapel Hill), Wayne Landsman (University of North Carolina at Chapel Hill), Zihang Peng (UNSW Sydney), and Jianxin (Donny) Zhao (Emory University), on receiving the Best Auditing Paper Award (sponsored by ANCAAR) at the 2026 Accounting and Finance Association of Australia and New Zealand (AFAANZ) Conference in Melbourne.
Their conference paper, "Critical Audit Matters and the Design of Financial Covenants in Debt Contracts" examines whether Critical Audit Matters (CAMs) disclosed in expanded audit reports signal heightened uncertainty about borrowers' creditworthiness and influence lenders' use of financial covenants in private debt contracts. Using data from U.S. loans issued between 2019 and 2023, they show that lenders tailor financial covenant structures to the specific sources of uncertainty highlighted by auditors. The findings also demonstrate that CAM disclosures enhance lenders' assessment of borrowers' creditworthiness, improving the efficiency of debt contracting through more effective covenant design.
This recognition reflects the quality and significance of the research and its contribution to advancing knowledge in auditing. ANCAAR is proud to sponsor the Best Auditing Paper Award, which recognises excellence in auditing research, and congratulates the authors on this well-deserved achievement.
24th ANCAAR Audit Research Forum: 4-5 December 2026
Please click here for details.
Enquiries to ancaar@anu.edu.au.
23rd ANCAAR Audit Research Forum: 5-6 December 2025
The 23rd ANCAAR Forum, held on 5–6 December 2025, brought together leading scholars, early career researchers, and industry participants in audit and assurance. The forum featured high-quality research presentations, constructive discussions, and insightful feedback, fostering collaboration and intellectual exchange, particularly for early career researchers. Overall, the forum reinforced ANCAAR’s role as a key academic platform for disseminating audit and assurance research. Below are selected photographs capturing key moments from the 23rd ANCAAR Forum.
Audit Discoveries communications site was launched in 2023
The first papers and an invitation to submit your work are available on the Discoveries tab.
ANCAAR – AUASB Audit and Assurance Research and Regulation Workshop
ANCAAR and AUASB hosted a joint Research and Regulation workshop at ANU 15 – 16 September 2022. Participants included AUASB staff, representatives from regulators and the accounting professional bodies, and leading auditing and assurance academics. Session topics included assurance over Sustainability Reporting, Going Concern, Fraud, the Auditing of Less Complex Entities, Internal Control Reporting, and Public Sector Auditing.
Materials from the workshop have been published as AUASB Research Report No. 8: ANCAAR - AUASB Research and Regulation Workshop.
Recent research publications by ANCAAR members:
Chen, W., Fanning, K., Trotman, K. T., & Wang, J. (2026). The moderating effects of management's Non-GAAP treatment of a CAM item and investors' position on investors' management credibility judgments. Accounting, Organizations and Society, 116, 101629. Available here
Liao, L., Sharma, D. S., Sharma, V. D., & Singh, M. K. (2025). The Role of IT Infrastructure in Remote Audits: Evidence from Audits Completed During the Pandemic. Auditing: A Journal of Practice & Theory, 1-30. Available here
Cardinaels, E., Khoo, E. S., Kuang, Y. F., Lee, G., & Qin, B. (2025). Internal and external social capital of Big 4 audit offices. Auditing: A Journal of Practice & Theory, 44(4), 73-100. Available here
Fredriksson, A., Hay, D., Karjalainen, J., Maghakyan, A., & Niemi, L. (2025). Is professional exam performance associated with career success for Big 4 auditors? Evidence on gender differences. Contemporary Accounting Research, 42(2), 1243-1270. Available here
Jiang, L., Naiker, V., Wang, Y., & Zhang, S. (2025). Partner-level cumulative industry expertise and audit quality. AUDITING: A Journal of Practice & Theory, 44(2), 149-180. Available here
Tan, E. N., Garg, M., Jeter, D., Kirubaharan, D., & Naiker, V. (2025). Audit Office Effectiveness and Efficiency. Auditing: A Journal of Practice & Theory, 44(2), 181-209. Available here
Carson, E., Lamoreaux, P., Simnett, R., Thürheimer, U., & Vanstraelen, A. (2025). Establishment of National Public Audit Oversight Boards: Descriptive Evidence and Implications for Audit Quality. Journal of Accounting Research. Available here
Ekasingh, E., Hoang, H., & Trotman, K. T. (2025). Effects of different team formats on the performance of multidisciplinary GHG assurance teams. Auditing: A Journal of Practice & Theory, 44(4), 127-144. Available here