Webinar: The changing world of audit and assurance

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In an increasingly digital business world, where more information is readily available about a company’s performance which goes beyond the traditional financial statements, how does audit and assurance also need to evolve and what does it mean for the auditors of the future?

Click the button below to access the recording of our panel discussion on the future of audit and assurance and hear the thoughts of our distinguished panel of experts on the above and on the following developments:

  • How has audit and assurance evolved?
  • The role that technology might play in the way that audit and assurance develop.
  • How the developments in audit and assurance will affect the skills required by the auditor of the future.

The changing world of audit and assurance

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If you would like to submit a question for our experts following the webinar session, please email accountingandauditing@icas.com.

Panellists

Allister Wilson

Allister Wilson Allister Wilson is a senior audit partner with UK firm of Ernst & Young, specialising in the global oil and gas sector.

Allister was formerly the Senior Technical Partner and Head of International Financial Reporting for Ernst & Young and chaired Ernst & Young’s Professional Standards Panel.

He served ten years as ad hoc advisor to the European Commission’s Internal Markets Commissioner in the field of financial information and accounting standards and, until recently, was a member of both the Codes and Standards Committee and the Audit and Assurance Council of the UK Financial Reporting Council.  He is currently the Convenor of ICAS’s Research Committee and is a member of its Technical Policy Board.

Allister has published extensively in the area of international financial reporting, including co-authoring Ernst & Young’s “International GAAP” and “IFRS/US GAAP Comparison” books.


Guy Jubb

Guy Jubb CA Guy Jubb has a leading role in developing and implementing best practice in corporate governance and stewardship.  He was formerly Global Head of Governance & Stewardship at Standard Life Investments for over 29 years until his retirement in 2016.
He was Co-Chair of several bodies including the Global Auditor Investor Dialogue, the GC100 and Investor Group and the Conference Board's European Corporate Governance Council from 2007 to 2014.
For many years, he was a member of the influential Association of British Insurers’ Investment Committee, standing down in 2014.
In 2012 Guy was appointed as a member of the Council of The Institute of the Chartered Accountants of Scotland, and he was appointed in 2014 to the Standing Advisory Group of the Public Companies Accounting Oversight Board, the US audit regulator.


Philip Johnson

Philip Johnson Philip Johnson was a senior partner in Deloitte UK, having retired in 2007 after being a partner for 30 years.  He was an elected member of the Deloitte UK Board of Partners and the first chairman of the firm’s Audit Committee.  During the two years 2002 to 2004, Philip had the primary responsibility for integrating the clients, partners and staff of Arthur Andersen UK (AA) into Deloitte, and chaired the board sub-committee responsible for converting Deloitte into Deloitte LLP. Philip was head of Quality and Risk Management for the UK audit practice of Deloitte from 2003 until his retirement from the firm in 2007.

Philip was the President of the Federation of European Accountants (FEE) during 2011 and 2012.  He was also a member of the International Auditing and Assurance Standards Board Consultative Advisory Group (IAASB CAG) and the International Ethics Standards Board Consultative Advisory Group (IESBA CAG].  Philip is a member of the Standing Advisory Group of the Public Company Accounting Oversight Board (PCAOB) in the US and was a member of the Scientific Committee of the World Congress of Accountants 2014 which took place in Rome in November 2014.

From May 2007 to April 2015, Philip was a non-executive director of Yorkshire Building Society, the UK’s second largest building society, where he also chaired the Audit Committee.  He is a seconded member of the Audit Committee of Wellcome Trust and is a non-executive director of Lakeland Limited, a retail kitchenware company.  He also chairs the board of governors of Cheadle Hulme School, a large independent day school in Cheshire and has recently been appointed a governor of The Manchester College.   Philip is also a trustee of the Rugby Football Foundation, the charitable arm of the Rugby Football Union.


Topics

  • Audit and Assurance

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