Forum for Auditors of Broker-Dealers

Date:
Jun. 1, 2016
Time:
8:30 a.m. - 5:00 p.m.
Speakers:
Panel
Event:
  • Broker-Dealer Auditing Forum
Location:
Intercontinental Chicago Magnificent Mile 505 North Michigan Avenue Chicago, IL 60611
Chicago, IL
Contact:
Public Affairs
(202) 207-9081

Agenda

8:30 a.m. - 8:50 a.m.

Welcome Remarks and PCAOB Highlights

  • Jeanette  Franzel, Board Member
8:50 a.m.- 9:35 a.m.

Panel: Related Parties

  • Jeanette Franzel, Moderator
  • Kate Ostasiewski, Inspections
  • Lisa Calandriello, Standards
  • Ann Duguid, FINRA
9:35 a.m. - 10 a.m.

Case Study No. 1: Auditing Standard No. 18 and other amendments (AS No. 2410 as reorganized)

  • Mike Walters, Inspections
  • Lisa Calandriello
10 a.m. - 11 a.m.

SEC Update and FINRA Perspectives

  • Khalid Shah, SEC
  • Ann Duguid, FINRA
11 a.m. - 11:15 a.m. Break
11:15 a.m. - 11:40 a.m.

Enforcement Matters and Auditor Independence

  • John Abell, Enforcement
  • Lisa Calandriello
    11:40 a.m. - 12 p.m.

    Case Study No. 2: Attestation Standard No. 2, Exemption Reports

    • Greg MacCune, Inspections
    12 p.m. - 1:15 p.m. Lunch (on your own)
    1:15 p.m. - 1:30 p.m.

    Demo: Reorganized Standards

    • Lisa Calandriello
      1:30 p.m. - 2:15 p.m.

      Case Study No. 3: Principal Transactions - Part 1, Risk Assessment

      • Mike Walters
      • Kate Ostasiewski
        2:15 p.m. - 3:05 p.m.

        Inspections and Standards: Observations and Trends, Audit Documentation, and Engagement Quality Review

        • Bob Maday, Inspections
        • Kate Ostasiewski
        • Lisa Calandriello
        3:05 p.m. - 3:25 p.m.

        Audit Risk Considerations - Fraud

        • Bob Maday
        • Kate Ostasiewski
        3:25 p.m. - 3:40 p.m. Break
        3:40 p.m. - 4:30 p.m.

        Case Study No. 4: Principal Transactions - Part 2, Audit Response

        • Greg MacCune
          4:30 p.m. - 5 p.m.

          Closing Panel: All Questions Welcome

          • Moderator: Jeanette Franzel
          • Panel: PCAOB, SEC and FINRA Staff

          Related Information