CAQ Snapshot: October 2019
Thursday, October 31, 2019
#AuditorProud Messages Reach Millions Worldwide
In its fifth year, the CAQ-led #AuditorProud social blitz once again made an impressive impact. During the late-September event, thousands of participants across 98 countries generated posts showcasing the auditing profession’s vibrancy, integrity, and pride—as well as its many career opportunities and advantages. #AuditorProud messages reached the feeds of more than six million people, helping drive an 84 percent year-over-year increase in the number of visitors to the Discover Audit website during the blitz.
For a taste of the 2019 blitz, check out the highlights video from Discover Audit. And be sure to follow Discover Audit on Twitter, Instagram, andFacebook to get ongoing updates related to auditing careers.
Register Today: Free CPE Webcast on Assessing Corporate Culture
For stakeholders in financial reporting, an assessment of corporate culture allows for early detection of fraud warning signs—and an opportunity to take action. A December 3 webcast, hosted by the Anti-Fraud Collaboration, will highlight leading qualitative and quantitative practices that companies can use to conduct a robust culture assessment.
Moderated by CAQ Executive Director Julie Bell Lindsay, the webcast will provide expert insights from the following panelists: Joe Dettmann, Principal in EY’s People Advisory Services; Melody Jones, independent board director and founder of 32-80 Advisors; Stacey Schabel, Vice President & Chief Audit Executive at Jackson Holdings, LLC; and Caroline Sullivan, Senior Vice President & Corporate Controller at Moody’s Corporation.
The webcast will take place from 1:00 p.m. to 2:30 p.m. ET. It is offered free of charge, with the opportunity to earn 1.5 Behavioral Ethics CPE credits. Register today.
Share Your Road! Help Guide Career Seekers into Auditing
Thirty people have already contributed profiles to Discover Audit’s Share Your Road Portal since its launch in August. In partnership with the career experts at Roadtrip Nation, the CAQ created this valuable resource, which allows audit professionals to share their experience and advice with students, career seekers, and career counselors. Visitors to the site can browse the growing database of profiles by job title, areas of interest, education, and other criteria. For those interested in helping young people find their path into auditing, the process is simple and easy—visit the portal to get started.
Video: BDO’s Tower on Communicating the Commitment to Audit Quality
An October edition of Profession in Focus features Christopher Tower, National Assurance Managing Partner for Audit Quality and Professional Practice at BDO USA LLP. Tower provides an overview of the many ways that BDO communicates the firm’s strong commitment to audit quality, both externally and internally. He also shares insights into how BDO developed its 2019 Audit Quality Report, including its use of the CAQ’s Audit Quality Disclosure Framework to help inform the report’s structure and content:
“For firms that have not yet embraced audit quality reporting,” Tower says, “[the Framework] is a fantastic tool to help you organize your thoughts—to tell your story about your people, your processes, your tools, and your approach to help drive audit quality.”
#ConfidentTogether: Focus on Resilience and Transparency
Throughout 2019, the CAQ is shining a spotlight on the core values and themes that define the public company auditing profession. In October, the CAQ has highlighted resilience. November’s theme will be transparency. Follow along and join the conversation on social media using #ConfidentTogether.
Check Out These Upcoming Events
November 4; Washington, DC
As part of the George Washington University’s Institute for Corporate Responsibility series on corporate governance, CAQ Executive Director Julie Bell Lindsay will participate on the panel “The Role of Directors in Disclosures & Other Communications.”
November 12–13; New York, NY
On November 12, CAQ Managing Director of Professional Practice and Member Services Catherine Ide will discuss critical audit matters (CAMs) and how boards and audit committees can keep engaged throughout the CAMs process.
November 20; New York, NY
The CAQ’s Catherine Ide will join a panel—”Audit Committees: What’s Next?”—at this daylong program for board members and attorneys who are responsible for advising officers, directors, and other senior company officials on governance matters.
November 21; Pittsburgh, PA
CAQ Professional Practice Fellow Anita Doutt will discuss key auditing developments at this daylong conference where participants can earn up to eight hours of CPE credit.
December 9–11; Washington, DC
The CAQ’s Julie Bell Lindsay will deliver keynote remarks at this annual American Institute of CPAs event, which brings together policymakers and the profession to discuss top accounting, auditing, and regulatory developments.