Wolters Kluwer Hosts Inaugural Meeting of the Global Audit Advisory Board

Wolters Kluwer Tax & Accounting, a provider of software solutions and local expertise for tax, accounting, and audit professionals, has announced the recent formation of the Global Audit Advisory Board, a forum for leading global audit professionals to gain detailed understanding of current challenges within the audit profession and work together to guide its evolution.

“The Board is comprised of high-caliber talent representing a diverse spectrum of public practitioners, standards setters, and content developers. Each member is a passionate executive willing to share and openly collaborate for the advancement of the profession,” said board member Jason Cope, Partner at Goldin Peiser & Peiser, LLP. “As a practitioner, it is good to know that an organization like the Global Audit Advisory Board exists.“

Today, there is a clear call to action within the profession to change how an audit is performed and how to create new opportunities for clients. The Global Audit Advisory Board brings the best minds together to drive that change in an effective way. The profession will benefit from the thought leadership and research led by the Board as they champion change, and as processes, standards, and technology continue to evolve.

“As the audit profession evolves, we continually see opportunities to strengthen the profession, to be more efficient and diligent, and more importantly the incredible opportunity for practitioners to step deeper into the role of a trusted advisor,” said board member Cathy Rowe, CPA, CA and Director of Accounting and Audit Product Management at Wolters Kluwer Tax & Accounting North America. “To do this, we all must challenge how the audit is performed, how the standards align, and how technology may better enable our efforts. The Global Audit Advisory Board is bringing together the brightest audit minds to understand exactly what needs to happen and to take action.”

Held in New York City last month, the inaugural meeting of the Global Audit Advisory Board served as the perfect platform to bring together leading global audit practitioners, thought leaders and Wolters Kluwer experts to exchange insights about the current and future state of the profession. Key topics included the application of Blockchain technology in audit, modernization of standards, including PCAOB standard setting, and the role of artificial intelligence and machine learning technology.

“Our first meeting was an undeniable success with extraordinary content, speakers and an open professional dialogue about the future of audit,” said board member Jennifer Hogencamp, Partner, blumshapiro.

Members of the Global Audit Advisory Board are:

Ismail Akhter, Lead Principal, Professional Programs, CPA Canada

Griff Babb, Partner, Whitley Penn LLP

Jason Cope, Partner, Goldin Peiser & Peiser LLP

Matthew Derba, CPA

Lee Groza, Partner, MCM CPAs and Advisors LLP

Jennifer Hogencamp, Partner, blumshapiro

Boris Musich, Research Manager, KPMG LLP

Cindy Pon, Partner and Chief Operating Officer, MGO CPAs and Advisors

Thomas Ray, Distinguished Lecturer, Baruch College

Cathy Rowe, Director Audit Products, Wolters Kluwer Tax & Accounting North America

Bret Rutter, Partner, Moss Adams LLP

Thomas Vasseur, Executive Vice President and Global Head of Transformation, Wolters Kluwer Tax & Accounting