Panel discussion: A true and fair value of the audit sector | Zendy

Olof P.G. Bik | Zendy; Julia Wijnmaalen | Zendy

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Panel discussion: A true and fair value of the audit sector

Author(s) -

Olof P.G. Bik,

Julia Wijnmaalen

Publication year - 2017

Publication title -

maandblad voor accountancy en bedrijfseconomie

Language(s) - English

Resource type - Journals

eISSN - 2543-1684

pISSN - 0924-6304

DOI - 10.5117/mab.91.24051

Subject(s) - audit , value (mathematics) , accounting , public relations , audit committee , advisory committee , chief audit executive , management , political science , business , joint audit , internal audit , public administration , economics , computer science , machine learning

On Wednesday the 7th of June, four distinguished panelists took the stage on the first day of the FAR conference to discuss the need for change within the auditing profession. The discussion between the four members and the audience was chaired by Professor Robert Knechel of the University of Florida, academic member of the FAR Board, and member of the PCAOB Standing Advisory Committee. Five topics were discussed during the panel discussion: 1. What is the added value of an audit? 2. What is good auditing? 3. How should regulators approach the audit sector? 4. What are the challenges the profession faces and what does the future look like? 5. How to attract future talent? These five discussion topics form the structure of this paper.

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