PCAOB Public Meeting on Auditor's Reporting Model


Wednesday, April 2, 2014

9 a.m.

Panel 1: Improving the Auditor's Report with an Emphasis on the ACAP Recommendation


Gaylen Hansen, Immediate Past Chair, National Association of State Boards of Accountancy (NASBA); Audit Partner, EKS&H LLLP


Jeffrey P. Mahoney, General Counsel, Council of Institutional Investors


Richard H. Murray, CEO, Liability Dynamics Consulting LLC


Lynn E. Turner, Managing Director, LitiNomics; Former SEC Chief Accountant

10 a.m.

Panel 2: International Perspectives on Improving the Auditor's Report


Sir David Tweedie, Former Chairman, International Accounting Standards Board; Chairman of the Board of Trustees, International Valuation Standards Council

10:30 a.m.


10:45 a.m.

Panel 3: International Developments on the Auditor's Report


Sven Gentner, Counselor, Economic and Financial Affairs Section, Delegation of the European Union to the United States


Nick Land, Chairman, Audit and Assurance Council, UK Financial Reporting Council; public company board member


Arnold Schilder, Chairman, International Auditing and Assurance Standards Board

12 p.m.


1 p.m.

Panel 4: Perspectives on the Auditor's Reporting Model 


Alan L. Beller, Partner, Cleary Gottlieb Steen & Hamilton LLP; public company board member


Theodore J. Mock, Distinguished Professor of Audit & Assurance, University of California, Riverside


Douglas Skinner, Eric J. Gleacher Distinguished Service Professor, Booth School of Business, University of Chicago


Joseph B. Ucuzoglu, National Managing Partner, Regulatory and Professional Matters, Deloitte LLP

2:30 p.m.

Panel 5: Critical Audit Matters Related to the Audits of Large Companies


Ann M. Cavanaugh, Managing Director, Global Accounting Policy, BlackRock


Wallace R. Cooney, Vice President - Finance, Chief Accounting Officer, Graham Holdings Company


Aulana L. Peters, Former SEC Commissioner; public company board member


Kevin B. Reilly, Americas Vice Chair, Professional Practice and Risk Management, Ernst & Young LLP

3:55 p.m.


4:10 p.m.

Panel 6: Critical Audit Matters Related to the Audits of Small Companies


W. Anderson (Andy) Bishop, Chief Financial Officer, Hallador Energy Company


Cartier Esham, Executive Vice President, Emerging Companies, Biotechnology Industry Organization


Kurt N. Schacht, Managing Director, CFA Institute


Joan Waggoner, Partner, Professional Standards, Plante & Moran, PLLC

5:30 p.m.


Thursday, April 3, 2014

9 a.m.

Panel 7: Auditor's Responsibilities for Other Information


Michael J. Gallagher, Managing Partner, Assurance Quality, PwC


Peter H. Nachtwey, Senior Executive Vice President, Chief Financial Officer, Legg Mason, Inc.


Jeremy Perler, Director of Research, Schilit Forensics


Michael R. Young, Partner, Willkie Farr & Gallagher LLP; Chairman, Financial Reporting Committee, New York City Bar Association

10:30 a.m.


10:45 a.m.

Panel 8: Experience with Changes to the Auditor's Report in the United Kingdom


Tony Cates, UK Head of Audit, KPMG LLP (UK)


Philip R. Johnson, Chairman of the Audit Committee, Yorkshire Building Society


Liz Murrall, Director of Corporate Governance and Reporting, UK Investment Management Association


William Touche, Partner, Deloitte LLP (UK)

12:15 p.m.


1 p.m.

Panel 9: Auditor Tenure and Other Basic Elements of the Auditor's Report


Joan L. Amble, President, JCA Consulting; Member, Council of Audit Committee Chairs, NACD; Retired EVP and Principal Accounting Officer, American Express Company; public company board member


Peter Clapman, Former Chief Investment Counsel, TIAA-CREF; public company board member


Monty W. Garrett, Vice President - Finance, Verizon Communications, Inc.


James P. Liddy, U.S. Vice Chair Audit, KPMG LLP; Regional Head of Audit, Americas

2:10 p.m.

Panel 10: Considerations Specific to Investment Companies and Brokers and Dealers


Jeffrey L. Burgess, National Managing Partner of Professional Standards, Grant Thornton LLP


John Corcoran, Fund President, Senior Vice President, MFS Investment Management


E. Michael Fehrman, Managing Director, Head of Accounting Policy and Advisory Group Americas, Deutsche Bank AG


Charles J. Pagano, Partner, WeiserMazars LLP

3:30 p.m.