PCAOB Public Meeting on Auditor's Reporting Model

Day 1 (time: 6:58:35)

Morning Session

Afternoon Session

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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.