Faculy Lead: Nemit Shroff
Project Description: Professor Shroff studies the effectiveness of public oversight boards (POBs), which oversee the audits of public companies. Several recent studies examine whether changes in auditor regulatory oversight affect proxies for audit quality, primarily focusing on the Public Company Accounting Oversight Board (PCAOB) in the United States (U.S.). His recent work suggests that POB inspections improve audit quality, which then leads to greater access to external capital. However, it is still unclear why auditor public oversight improves audit quality. This project seeks to present research findings to PCAOB and others and to build relationships with regulators to help them identify how they can be most effective.
Policy Lab Support: Reviewing policy documents, identifying contacts, preparing for meetings and logistical support