CAQ Symposium 2020: Panelist Biographies
Monday, August 17, 2020
Panel I: Multinational Group Audits
Partner, US Assurance Quality Leader
Jorge Milo has 35 years of experience specializing in audits of large global companies with focus in accounting and reporting, initial public offerings, mergers, acquisitions and spin-offs. He serves as PwC’s Leader of Assurance Quality and is on the Firm’s Assurance Leadership Team. In this role Jorge is Managing Partner of PwC’s National Office and Assurance Quality Organization (NQO).
From 2012 to 2017 Jorge was Leader of the CIPS/HI Industry, which includes the Automotive, Energy & Mining, Healthcare Services, Industrial Products, Pharmaceutical, Retail & Consumer and Utilities industry sectors. It represents approximately 40% of PwC’s assurance practice. Jorge completed his assignment as lead global audit partner on Alcoa from 2009 to 2014, and from 2010 to 2012 served as the Assurance Leader for the Lake Erie Market. He has served as the lead audit partner on a number of global companies in the industrial and consumer products and pharmaceutical sectors, including Alcoa, Bristol-Myers Squibb, Eastman Chemical, International Flavors & Fragrances, MeadWestvaco and Seagram.
Jorge has also served as the leader of the Auditing Services group in thePwC’s National Office and was a member of the Auditing Standards Board (2006 to 2009). In his role as the leader of the Auditing Services group, he had responsibility for consulting on auditing and reporting matters, interacting with regulators, participating in professional and other public forums, and developing responses to proposed standards affecting the audit practice. Jorge coordinated PwC’s Manufacturing Barometer, a quarterly publication which interviews senior executives in large global industrial manufacturing companies, and has participated in the National Association of Manufacturers.
Jorge is a member of the AICPA and the New York State Society of CPAs. Jorge earned a BBA degree from the University of Miami (1983) and is a CPA in NY, FL, PA and NJ.
BDO USA, LLP
National Assurance Managing Partner
Phillip Austin has over 27 years of public accounting experience, including client-facing service delivery; public policy, strategy and regulation; and audit quality and professional practice oversight. For a significant portion of his career Phillip has served in a client service partner role, providing audit and other attest services to a diverse mix of privately and publicly held clients. His experience includes auditing, ICFR attestation, as well as IFRS and US GAAP technical accounting advisory. Phillip has substantial experience in establishing strategy and instituting transformation programs that change the way audits are delivered and improving the audit experience for clients and professionals executing audits.
Currently, Phillip serves as the BDO’s National Assurance Managing Partner of Auditing. In this role, he oversees how the firm performs its public and private company audit and attestation services, including the technical support functions for the nonprofit, EBP and SOC practice groups. Phillip focuses, among other things, on refreshing BDO’s audit strategy, leading transformation of the approach to audit execution, enhancing BDO’s approach to audit methodology consultations with the practice, further developing the reach and depth of global and IFRS services, and leading the national audit team. Phillip currently chairs BDO’s Assurance Committee, which sets firm policy governing the delivery of audit and attestation services. He participates in developing and implementing the firm’s plan for improving audit quality and contributes to the its annual audit quality report. Further, Phillip Co-chairs the BDO Women’s Inclusion Initiative of BDO USA, LLP.
Phillip is a CPA and CA(SA) and received his BS with honors from the University of South Africa. His professional affiliations include AICPA, Illinois CPA Society, and the SAICA. He is a member of CAQ’s Research Advisory Board.
Deloitte & Touche LLP
Dora Burzenski is a Managing Director in Deloitte & Touche’s Professional Practice Network and has over 20 years of experience in public accounting. Dora consults with and advises audit engagement teams on the application of audit policies and guidance and the applicable professional standards, and she leads subject matter consultation teams related to group audits and international matters. She is involved in developing methodology and tools and guidance related to these, and other, topics as well as for monitoring and responding to emerging issues arising out of standard-setting and regulatory activities, including analyzing proposals (US and global) and drafting comment letters. Dora formerly served as the technical advisor to the Deloitte Touche Tohmatsu Limited representative on the IAASB, and was a member of the AICPA’s Auditing Standards Board from 2016-2020.
Dora began her career as an auditor in the Seattle office of Deloitte, primarily serving utility clients. Dora has also spent significant time during her career developing and delivering technical and non-technical learning for audit professionals, as well as implementing various initiatives related to internal control.
Dora is a CPA and received her degree in business and accounting from Western Washington University in Washington State.
Matt Doyle is the Chief Auditor in KPMG’s Department of Professional Practice in New York. As Chief Auditor, Matt leads a group of professionals whose priorities are to interpret and apply audit and attestation professional standards, consult with engagement teams on auditing issues, monitor emerging issues at the PCAOB, ASB and other standard setters, and to communicate that information to KPMG’s engagement teams and other constituents to enhance audit quality.
Prior to his role as the Chief Auditor, Matt was the Professional Practice Partner for the Pennsylvania Business Unit, which comprises KPMG’s Pittsburgh, Harrisburg and Philadelphia offices, from 2015 to 2017. As a professional practice partner, Matt was responsible for professional practice and risk management matters, including technical accounting and auditing consultation, promoting and overseeing firm-wide audit quality initiatives, client acceptance and continuance, and local office training.
Matt has had extensive experience serving global companies in a variety of commercial industries. These experiences include coordinating global audits and directing the service delivery of multiple KPMG practices around the world. He is an SEC Reviewing Partner, which designates him as one of the technical partners at KPMG who perform concurring financial statement reviews for public companies.
Matt is a licensed CPA in California, Colorado, Pennsylvania, New Jersey and New York. He is a member of the AICPA and Pennsylvania Institute of CPA’s and holds a BS from St. Joseph’s University.
Grant Thornton LLP
National Partner, Auditing Standards
Mike Santay is an audit partner and a member of the National Professional Standards Group at Grant Thornton LLP. In this role, Mike has responsibility for leading the firm’s participation in profession activities with respect to auditing standard-setting, including his recently completed term as chair of the AICPA’s Auditing Standards Board. Within the firm he oversees the development of firm audit policies and guidance on the adoption of new auditing standards, and leads the development of the firm’s position papers and responses to professional and regulatory audit-related proposals. Mike also assists in developing firm-wide training and other audit and firm risk management initiatives.
Mike holds an MBA in management, finance and marketing from the Kellogg School of Management at Northwestern University. He received a BS in accounting from DePaul University.
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PANEL II: Learnings from a Study of ICFR MRCs
North Carolina State University
KPMG Professor of Accounting and Director, Enterprise Risk Management Initiative
Mark Beasley is the KPMG Professor of Accounting and Director of North Carolina State’s Enterprise Risk Management (ERM) Initiative, which provides thought leadership about ERM practices and their integration with strategy and corporate governance. He served over seven years on the COSO board and served on COSO’s Advisory Council that helped develop the 2004 Enterprise Risk Management – Integrated Framework and its 2017 revision. He is currently serving on the United Nations’ Internal Control Advisory Group that is advising the UN Controller on COSO-based best practices related to internal controls.
Mark is a frequent speaker at national and international conferences and frequently works with boards of directors and senior executives on risk oversight issues. Mark has authored over 100 research articles and business publications and he is the author of a leading auditing textbook.
Prior to joining NC State, Mark served as a technical manager in the Audit and Attest Division of the AICPA and as an audit manager in the Nashville, TN office of EY. He received a BS in accounting from Auburn University and a PhD from Michigan State University.
John A. Fogarty LLC
John Fogarty provides consulting services related to auditing matters, internal control, and auditing standards and regulation including leading a joint CAQ/FEI research project on management review controls.
John retired from Deloitte in June of 2017. He was a partner in Deloitte’s Professional Practice Network where he led the Audit Consultation Group, was an engagement quality control reviewer for the audit of a major company, as well as interacting with regulators related to audit standard setting. John was with Deloitte for 39 years starting in Houston in direct client service. He held a variety of roles in the National Office, including auditing standards, audit methodology and technology, director of auditing policy and methodology, director of industry professional practice, and chair of the global audit policy group. He led or participated in the development of Deloitte’s auditing policies, guidance, and methodologies for over 25 years. He was the senior consultation partner for audit and internal control matters.
John also was involved in standard setting activities with both the IAASB, having served as Deputy Chair, and the ASB, serving as chair from 2004 – 2006. During his tenure at the IAASB (2004 – 2009) all of the international auditing standards were rewritten and issues. John led and served on many of the key subcommittees that developed the international auditing standards. While at the ASB, John led the adoption of risk assessment standards and the strategic direction to converge with ISAs.
John received his BA and MAcco from Rice University.
Brigham Young University
LeRay McAllister/Deloitte Foundation Distinguished Professor of Accountancy
Doug Prawitt is the LeRay McAllister/Deloitte Foundation Distinguished Professor of Accountancy at Brigham Young University, where he currently serves as Director of BYU’s School of Accountancy. His research and teaching focus on internal control, auditing, and professional judgment.
Doug’s widely recognized research and writing has been published in The Accounting Review, Journal of Accounting Research, Contemporary Accounting Research, Organizational Behavior & Human Decision Processes, Auditing: A Journal of Practice & Theory, and others. He has also published award-winning articles in leading professional journals including Journal of Accountancy, CPA Journal, and Internal Auditing. He is a coauthor of several books, including two leading financial statement auditing textbooks and a book on the SEC’s role in corporate governance.
In addition to several research, teaching, and “best paper” awards, Doug has won the Auditing Section’s 2014 Innovation in Auditing Education Award, the 2013 AAA/Deloitte Wildman Medal, the 2016 BYU Marriott School Outstanding Faculty Award, and the 2016 AAA Outstanding Accounting Educator Award. He has chaired BYU’s equivalent of a faculty senate and BYU’s university-level promotion and tenure committee.
He served a three-year term as a member of the AICPA’s Auditing Standards Board, and currently serves on COSO’s Executive Board representing the AAA. He served a three-year term on the CAQ-AAA Access to Audit Personnel Committee. Doug has served as expert witness in high-profile auditing litigation cases and has consulted with a variety of professional services firms on issues ranging from materiality and audit sampling to analytical procedures and professional judgment.
Doug earned his PhD at The University of Arizona.
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PANEL III: Firms’ System of Quality Control
Deloitte & Touche LLP
Chairman and Chief Executive Officer
Lara Abrash is CEO of the Deloitte US Audit & Assurance business, where she is responsible for overseeing all aspects of the organization, including execution of the quality, innovation, growth, and talent strategies. She is also a member of the US Audit & Assurance Executive Committee and the US Executive and Management Committees.
Prior to her current role, Lara served in a number of leadership roles during her career at Deloitte: chief operating officer, national Audit & Assurance transformation leader, and deputy CEO of the Audit & Assurance business. While serving in each of these leadership roles, Lara also maintained significant client responsibilities, including for the firm’s largest and most complex clients.
As National Audit & Assurance Transformation Leader, she was instrumental in pioneering Deloitte’s leading position to transform the audit profession through technology and innovation. Her leadership philosophy is based on her deep understanding of multinational clients in various industries, her leadership roles and experiences, and her passion for advancing innovation and inclusion in the profession.
Lara is a licensed CPA in NY and NJ and is a member of the AICPA. She is a member of FASAC, and on the Board of Trustees of the SEC Historical Society. She holds a BA degree in economics from the University at Albany, State University of New York, and an MBA from Baruch College.
Partner – National Quality Organization
Brian Croteau is a partner in the National Quality Organization of PwC’s Assurance Practice. Prior to rejoining PwC in 2017, he served for over six years as the Deputy Chief Accountant of the Professional Practice Group within the Office of the Chief Accountant (OCA) at the SEC. Brian was a Senior Associate Chief Accountant in OCA from 2004 to 2007.
Currently, Brian serves as the leader of PwC’s Regulatory Risk and Quality Control group responsible for leading efforts related to the relationship with the PCAOB, including supporting all aspects of the PCAOB’s inspection processes. He also plays a key role in the assessment of audit quality, related internal and external reporting, and advancing initiatives related to the PwC’s system of quality control. Prior to this role, he served within PwC’s Auditing Services, Methodology and Tools group, leading and supporting national office efforts focused on audit quality.
In his roles since joining PwC in 1993, Brian has managed the audits of public and private companies, performed consultations with engagement teams on complex and judgmental auditing and internal control matters, and supported quality initiatives, including development and implementation of PwC audit policy and guidance. He also has participated in various audit training initiatives and had active roles in the PwC’s input to AICPA, and IAASB audit standard-setting activities. Additionally, he has been active on numerous task forces of the AICPA and the CAQ.
In his work at the SEC, Brian played a key role in the Commission’s oversight of the activities of the PCAOB, managed the resolution of auditor independence issues and ethical matters, and monitored audit and independence standard setting internationally. He also provided advice and developed positions on issues related to performance of audits, including auditor independence, and management and auditor assessments of internal control over financial reporting that were referred to the OCA due to their complexity or policy implications. Brian is a Certified Public Accountant and a member of the AICPA. Brian earned his B.B.A. in accounting from the University of Massachusetts at Amherst. He was named 2007 accounting alumnus of the year of the UMass-Amherst Isenberg School of Management.
Managing Partner – Assurance Professional Practice
Jim Dolinar is the Managing Partner of Assurance Professional Practice, which is Crowe’s national office. In this role, he is responsible for the firm’s quality control function which includes matters related to accounting, auditing, ethics, independence, audit quality and inspections, as well as the professional standards consultation process. This also includes practice matters related to the SEC, PCAOB and other regulators.
Prior to assuming this role, Jim served as the Partner-in-Charge of accounting. Prior to joining Crowe’s National Office, he served as a partner in the commercial audit practice.
Jim is a member of the CAQ’s Professional Practice Executive Committee, a senior technical committee that addresses technical and regulatory matters involving practice before the SEC and PCAOB, and seeks to enhance the audit quality of public company audit practices. Jim also serves on the CAQ’s Advisory Council, and is a former member of the CAQ’s Research Advisory Board.
Jim is the former Chair of the AICPA’s Financial Reporting Executive Committee (FinREC), from 2015 – 2019, which is the AICPA’s senior technical committee for financial reporting matters.
Jim received his BS in accounting from Northern Illinois University. He is a member of AICPA and a CPA in Illinois.
Richard Rodgers is an audit partner in EY’s Atlanta office with 31 years of public accounting experience. He currently leads the firm’s US implementation of the proposed International Standard on Quality Management 1 (ISQM1), which requires a proactive, risk-based approach to quality control. In this role he coordinates a team of cross-service line and cross-functional professionals to identify and document the firm’s internal controls responsive to quality risks and provides advice to the firm’s global network on its adoption of ISQM1.
Prior to this role, Richard served a number of large, multi-national public companies during his career, including First Data, HCA Healthcare, CommScope, Arris International, The Coca-Cola Company, Coca-Cola Enterprises, WestRock, Graphic Packaging, Intercontinental Exchange, and Waste Management, among others. In these roles, he worked closely with EY teams in dozens of countries to coordinate EY’s global service delivery. Richard has extensive experience with public company audits, including registrants’ internal controls, securities offerings, SEC registration statements and periodic filings, mergers and acquisitions, and complex accounting and financial reporting matters.
From 2008 to 2015, he also served in EY’s Southeast Region Professional Practice group, where he advised EY’s client-service teams throughout the region on accounting, auditing, and financial reporting matters. Earlier in his career, Richard served three years in EY’s National Professional Practice group in New York, advising client-service teams on accounting and financial reporting issues involving revenue recognition, business combinations, and stock compensation. From 1998 to 2000, Richard completed a two-year appointment with the SEC as a professional accounting fellow in the Office of the Chief Accountant.
Richard graduated summa cum laude with his bachelor’s and master’s degrees in accounting from the University of Georgia and is a member of the AICPA. He is a licensed CPA in Georgia, Texas, North Carolina and Alabama.
Public Company Accounting Oversight Board
Chief Auditor and Director of Professional Standards
Megan Zietsman is the PCAOB’s Chief Auditor and Director of Professional Standards. In this role, she leads the PCAOB’s efforts to set and interpret standards for the audits of domestic and foreign public companies whose securities trade in the US, as well as the audits of broker-dealers that are registered with the SEC.
As Chief Auditor, she represents the Board in meetings with the SEC, the FASB, the IAASB, and the IESBA, among other regulatory and standard-setting organizations. Megan plays a key role in communicating with investors, auditors, preparers, and audit committees with respect to the matters on the PCAOB’s research and standard-setting agendas and the implementation of current standards.
Megan has 30 years of experience in the auditing profession. Prior to joining the PCAOB, she was a partner in Deloitte & Touche LLP’s professional practice network in the US, where she was responsible for audit standard-setting, the implementation of new and revised standards and rules, and all talent-related processes and initiatives. She began her career with Deloitte in South Africa in 1989 before moving to New York to join Deloitte’s International Operations group in 1994 and later the Transaction Services group in 1998.
Megan served on the IAASB from 2014 to 2019, most recently as the Deputy Chair. She also served on the AICPA’ Auditing Standards Board from 2007 to 2011. On these two boards, Megan served as a chair or member of many task forces and working groups focused on key initiatives in the auditing profession.
She is a licensed CPA and holds a bachelor of commerce degree in accounting with honors from Rhodes University in South Africa.