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CAQ Symposium 2022

Monday, August 8, 2022

Virtual Event | August 8, 2022
Hosted by Deloitte & Touche LLP

CAQ Symposium 2022, held on August 8, continued the tradition of bringing together leading academic scholars, regulators, and top practitioners from the CAQ’s Governing Board Member firms. The Symposium went “virtual” for a third year, which allowed the CAQ to make the programming available to a wider group of attendees.

The CAQ Symposium featured a presentation that provided an overview of key macroeconomic trends that have impacted companies and their auditors including inflation, lingering supply chain issues, and a tight U.S. labor market as well as geopolitical issues such as the Russia-Ukraine conflict. Following the presentation, the first panel discussed the implications of these issues for financial statement preparers and auditors.

The second panel discussion covered the impact of climate-related risks on business strategy and corporate disclosures related to the SEC’s proposed rule released in March. The panel discussed challenges that the proposed rule presents and how public companies and auditors can prepare for these potential changes.

Smaller breakout sessions allowed academics, regulators, and senior practice leaders to explore the topics raised by the panelists.

Read bios for CAQ Symposium 2022 panelists.

Read a summary of the key points derived from these small group discussions.


Consideration of Macroeconomic and Geopolitical Risks in the Audit

Overview of current trends

Ira Kalish, Global Chief Economist, Deloitte Touche Tohmatsu

Panel discussion on current trends and impact on the audit

Moderator
Wes Bricker, PwC

Panelists
Phillip Austin, BDO USA LLP
Jennifer Cavanaugh, Grant Thornton LLP
Jim Estes, EY

 

Climate Related Risks: Impact on Business Strategy and Corporate Disclosures

Moderator
Lara Abrash, Deloitte & Touche LLP

Panelists
Anthony DeCandido, RSM US LLP
Julie Santoro, KPMG LLP
Mark Shannon, Crowe LLP