ICAS Audit and Assurance Panel
The Audit & Assurance Panel is responsible for addressing matters arising from the development of policy statements and pronouncements including:
- Auditing standards and guidance for auditors on the audit of historical financial information
- Internal audit
- Other assurance engagements
The panel also undertakes proactive work on areas of audit and assurance where it has the opportunity to influence standard-setting bodies, for example, the International Auditing and Assurance Standards Board (IAASB) and the Financial Reporting Council (FRC).
In discharging its remit, the panel serves the interests of both the public and ICAS members. The public interest generally equates with the members’ interest over the longer term. On the rare occasion where there is a conflict between the public interest and that of members the public interest is paramount.
Elizabeth is a Senior Manager within Scott-Moncrieff’s internal audit team. Her current portfolio is primarily based within the public sector, but she also has experience across the corporate and charity sectors. An accountancy graduate of the University of Glasgow, she qualified as a CA with PKF and joined Scott-Moncrieff in 2015 after a spell gaining experience in industry. She has also achieved Chartered Internal Auditor (CMIIA) status and was named within ICAS 'Top 35 CAs under 35' in 2016 and in Charity Finance Magazine's 'Top 25 under 35' in 2015.
Gary joined the Committee in 2014. Gary is an assurance partner with EY and is EY’s Global Oil and Gas Assurance leader, with overall responsibility for all oil and gas audit services. Gary has over 20 years of experience working in the oil & gas and aerospace & defence industries and working with global organizations in the FTSE 250 and FTSE 100.
Gordon is a senior manager with KPMG based in their Glasgow office. He manages clients across a variety of sectors including owner managed companies, SMEs and listed groups with turnover up to £30 billion. Gordon has helped a number of clients convert from UK GAAP to IFRS with significant technical assistance.
Jayne has a wealth of experience in audit and assurance reporting in the UK and internationally, including modified and special purpose reporting. Jayne has also developed and issued extensive guidance for the practice on reporting matters and regular approval of technical reporting consultations. Most recently, Jayne led on the implementation of the recent extended audit reporting requirements across PwC UK.
Laura graduated from Strathclyde University in 1984 and trained as a CA with a Big 4 firm and qualifying in 1987 where she was involved in the audits of PLCs or larger organisations. Thereafter, Laura joined a large mid-tier firm as Senior Audit Manager responsible for a portfolio of audit clients varying in size and sector from manufacturing, retail, property investment, charities, pension schemes and LLPs. Currently, Laura works as an Audit and Accounts Manager with Martin Aitken & Co, dealing with a number of the firm’s larger audit clients as well as a portfolio of sole traders, partnerships and non-audit limited companies. She is also a member of Martin Aitken’s specialist Charities Team and deals with a number of charity clients, ensuring that these clients comply with their statutory and regulatory obligations.
Lorraine provides Audit and Assurance services at Grant Thornton UK LLP to a variety of SME clients, including some large private entities and heads up the Property and Construction sector group in Scotland. Lorraine also works with a number of large complex Groups complying with Group instructions and UK subsidiaries of US PAOCB list clients in a number of markets and applying US GAAP and US GAAS and SOX testing and evaluation. Prior to this, Lorraine trained with KPMG where she acted for a wide range of SME and entrepreneurial clients and was seconded to a number of internal departments including the Tax department.
Lynn is University Teacher in Accounting & Finance at Glasgow University Adam Smith Business School. In this role she is the course coordinator for the both undergraduate honours audit course and the post-graduate audit, risk and control. She also teaches advanced financial accounting and international financial accounting for multi-national corporations. Previously, Lynn was employed with Audit Scotland, most recently as Director of Corporate Programmes & Performance, and previously Audit Scotland Director of Audit (Health), changing to Director of Audit (Local Government) from November 2006.
Stephen is a partner at Deloitte based in Edinburgh. He Chairs Deloitte's own UK Regulatory Board, is the Deloitte UK Sustainibility Partner, and is a member of the Deloitte Audit Governance Board for the UK firm. His experience over the past 30 years has always exclusively been with retail financial services, including being the external audit engagement partner on a number of listed and other financial services businesses, including a number of retail bank and building societies. He also spent 7 years in South Africa where he worked with retail financial institutions, as well as working on secondment to the EBD.