Africa Call for Accounting and
Finance Research Initiative (ACAFRI)
2022-2023 Call for Proposal
This research initiative aims to further PAFA’s goal to develop and engage in global knowledge on and solutions for issues that will affect the economy, society, and the profession. Building on previous collaboration, the initiative draws on the shared view that there remains a significant gap in evidenced-based African accountancy research on several issues and themes of interest to practitioners, financial regulators, academia, and policymakers. Furthermore, funding for such research is limited, and there is limited opportunity for accounting academics to deepen their experience and engagement with policy-making organisations. PAFA seeks to pursue partnerships with academics in Universities in Africa and the African Diaspora by funding research that will, on this occasion, dovetail with the Africa Congress of Accountants’ (ACOA) 2023 theme, Structural Transformation and Growth of Africa Economies.
PAFA and AAFA will thus collaborate in identifying, reviewing, and funding research projects that are of direct interest to practitioners, financial regulators, academia, and policymakers, with the involvement of colleagues who have proven expertise, through a scheme referred to as the 2022-2023 Africa Call for Accounting and Finance Research Initiative (2022-2023 ACAFRI). Specifically, this initiative will benefit PAFA, Professional Accountants, Recognised Supervisory Bodies (Accountancy Regulators), Professional Accountancy Organisations, academics, and the accountancy profession in Africa. It can provide relevant empirical evidence on diverse issues to inform and deepen PAFA’s advocacy and policy development activities in Africa. It will also enhance the profile, capacity, and performance of academics at universities in Africa. Generally, the initiative will enhance the relationship between the accountancy profession and academics (and their affiliated institutions) in Africa.
The African Accounting and Finance Association (AAFA), as a body of accounting academics and professionals, will act as a platform to identify scholars, review proposals, recommend projects for funding, monitor progress, and ensure projects are completed by the end of September 2023. AAFA will set up an Implementation and Review Committee (IRC) to manage the process.