2012 Audit Quality Symposium – Navigating the Way Forward

 

CPAB's second Audit Quality Symposium—Navigating the Way Forward—was held in November 2012. It focused on international developments in audit regulation and on the results of the Canadian Enhancing Audit Quality (EAQ) initiative.​

The event brought together thought leaders, policy makers, corporate directors and investors to discuss issues relating to the deliberations of the EAQ's three working groups on:

  • The auditor reporting model
  • Auditor independence
  • The role of audit committees

The three working groups have issued consultation papers,  which have added significantly to the audit quality debate in Canada and internationally.​​

2012 Audit Quality Symposium Summary

2012 Audit Quality Symposium Voting Results 

2012 Audit Quality Symposium Video

 

Symposium Dinner, November 29, 2012​

 

  • Opening remarks from Brian Hunt, CEO, CPAB​

     
  • Keynote address from Steven Maijoor, Chair, European Securities and Market Authority (ESMA)
     

Symposium, November 30, 2012

 

Symposium Panel One – International Developments in Audit Regulation

 

  • Nathalie Berger, Head of Unit Audit and Credit Rating Agencies, DG Internal Market, European Commission

     
  • Steven Harris, PCAOB Board member and PCAOB Investor Advisory Group Chair

     

     
  • Jim Sylph, Executive Director, Professional Standards, International Federation of Accountants
     

 

Symposium Panel Two – The Canadian Response to International Developments

 

  • David Brown, Steering Group Chair, Enhancing Audit Quality Initiative 
 

 



 

  • Jim Leech, President and CEO, Ontario Teachers' Pension Plan
     

     
  • Julie Dickson, Superintendent of Financial Institutions, Office of the Superintendent of Financial Institutions (OSFI)
     

     
  • Alan MacGibbon, Deloitte Global Managing Director and Former CEO, Deloitte Canada
     

     
  • Paulette Kennedy, Commissioner, Ontario Securities Commission (OSC)
     

     

Symposium Panel Three – The Role of Audit Committees in Enhancing Audit Effectiveness

 

  • Panel 1: Tom O'Neill, Corporate Director, BCE Inc., Nexen and Bank of Nova Scotia; Jim Goodfellow, Corporate Director; Robert McFarlane, CFO, Telus and Corporate Director

     
  • Kathleen O'Neill, Corporate Director, ARC Resources Ltd., Invesco Canada, Finning International and Cadillac Fairview
     

     
  • Nick Kirton, Corporate Director
     

     
  • Panel 2: Tom O'Neill, Corporate Director, BCE Inc., Nexen and Bank of Nova Scotia; Jim Goodfellow, Corporate Director; Nick Kirton, Corporate Director
     

 

 

Closing Comments

 

  • Brian Hunt, CEO, CPAB
     

     
  • Nick Le Pan, Chair, CPAB Board of Directors
     

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