AccelPro | Audit AccelPro

Welcome to AccelPro Audit, where we provide expert interviews and coaching to accelerate your professional development. Today we’re featuring a conversation with Dennis McGowan, Vice President, Professional Practice at the Center for Audit Quality. 
On this podcast previously we’ve had a pair of guests — former PCAOB board member Jay Brown and academic Luigi Zingales —  come out strongly in favor of the Public Company Accounting Oversight Board’s proposed changes strengthening auditors’ responsibilities for detecting fraud, known as noncompliance with laws and regulations (NOCLAR.) But many in the industry, including the Big Four accounting firms, have serious objections. In this interview McGowan, of external auditor industry group The Center for Audit Quality lays out his concerns and the approach he would prefer the PCAOB to take. 
This episode also digs into the CAQ’s Anti-Fraud Collaboration and its research findings, the prospect of using AI to better detect fraud, McGowan’s own experience of going through the PCAOB inspection process and how audit firms can continue to be as welcoming as possible to LGBTQ+ professionals.
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AccelPro’s interviews and products accelerate your professional development. Our mission is to improve your day-to-day job performance and make your career goals achievable.
Send your comments and career questions to questions@joinaccelpro.com. You can also call us at 614-642-2235.
If your colleagues in any sector of the audit field might be interested, please let them know about AccelPro. As our community grows, it grows more useful for its members


This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit auditinsights.joinaccelpro.com

Welcome to AccelPro Audit, where we provide expert interviews and coaching to accelerate your professional development. Today we’re featuring a conversation with Chris Chung, SVP Business Assessment and Chief Audit Executive at The Doctors Company, the nation's largest physician owned medical malpractice insurer.  
Chung, who previously worked at PricewaterhouseCoopers and focused on enhancing governance, risk and compliance activities, has a comprehensive idea of risk assessment. Having worked across sectors, Chung recognizes that risk can’t be boiled down to a single number. Auditors, he says, benefit from implementing a strategic approach to risk management that weighs impact, likelihood and other factors in a systematic way. That, he says, can help business leaders recognize why “risk and opportunity are two sides of the same coin.”
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AccelPro’s interviews and products accelerate your professional development. Our mission is to improve your day-to-day job performance and make your career goals achievable.
Send your comments and career questions to questions@joinaccelpro.com. You can also call us at 614-642-2235.
If your colleagues in any sector of the audit field might be interested, please let them know about AccelPro. As our community grows, it grows more useful for its members


This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit auditinsights.joinaccelpro.com

Welcome to AccelPro Audit, where we provide expert interviews and coaching to accelerate your professional development. Today we’re featuring a conversation with Luigi Zingales, Professor of Entrepreneurship and Finance at The University of Chicago Booth School of Business. 
For auditors to properly gauge how much effort they should devote to searching out fraud, it would be helpful to know exactly how common corporate fraud is. In a recent paper Italian academic Luigi Zingales and his collaborators came up with a clever methodology to answer exactly this question. 
In this interview, Zingales talks about the eye-popping results they achieved, and what the numbers suggest about the proper role of auditors. He also discusses his stint setting up a research center for the Public Company Accounting Oversight Board (PCAOB) and what the experience revealed about “distorted” audition regulation. Zingales believes reform is needed to make the current SEC whistleblower program for corporate fraud more effective.
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AccelPro’s interviews and products accelerate your professional development. Our mission is to improve your day-to-day job performance and make your career goals achievable.
Send your comments and career questions to questions@joinaccelpro.com. You can also call us at 614-642-2235.
If your colleagues in any sector of the audit field might be interested, please let them know about AccelPro. As our community grows, it grows more useful for its members


This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit auditinsights.joinaccelpro.com

Welcome to AccelPro Audit, where we provide expert interviews and coaching to accelerate your professional development. Today we’re featuring a conversation with Jeanna Doherty, ESG Enablement Leader at EY Americas.
In her role at EY, Doherty helps the firm’s clients and client teams understand and prepare to comply with the fast-changing regulations around ESG reporting, both in the US and abroad. In this conversation she shares the biggest challenges she sees companies struggling with today, as well as her best advice on how auditors can help clients overcome them.  
In the course of the conversation she offers a detailed breakdown of California’s recently passed emission disclosure requirements, her vision of ‘the auditor of the future’ and a thoughtful breakdown of how auditors should think through the process of getting clients from zero ESG reporting to meeting markets’ and regulators’ increasingly stringent demands for non-financial information.
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AccelPro’s interviews and products accelerate your professional development. Our mission is to improve your day-to-day job performance and make your career goals achievable.
Send your comments and career questions to questions@joinaccelpro.com. You can also call us at 614-642-2235.
If your colleagues in any sector of the audit field might be interested, please let them know about AccelPro. As our community grows, it grows more useful for its members


This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit auditinsights.joinaccelpro.com

Welcome to AccelPro Audit, where we provide expert interviews and coaching to accelerate your professional development. Today we’re featuring a conversation with Jay Brown, Lawrence W. Treece Professor of Corporate Governance at University of Denver and former Public Company Accounting Oversight Board (PCAOB) board member. 
When the PCAOB released its priorities for inspections in 2023, fraud topped the list. Why is the audit field’s regulatory body focusing more on fraud now? What does that mean for practitioners in the trenches? And what steps can responsible auditors take to ensure they're following best practices when it comes to fraud detection? 
To answer these questions we went straight to the source: Jay Brown is a former PCAOB board member who left the organization in 2021 to return to his former work as a professor of corporate governance. He spoke to AccelPro Audit about the chasm between investors’ and auditors’ expectations regarding fraud detection, his view of the current PCAOB leadership, nuts and bolts advice for practicing auditors and what steps to take if you’re interested in getting involved in regulation and policy in your career.
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AccelPro’s interviews and products accelerate your professional development. Our mission is to improve your day-to-day job performance and make your career goals achievable.
Send your comments and career questions to questions@joinaccelpro.com. You can also call us at 614-642-2235.
If your colleagues in any sector of the audit field might be interested, please let them know about AccelPro. As our community grows, it grows more useful for its members


This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit auditinsights.joinaccelpro.com

Welcome to AccelPro Audit, where we provide expert interviews and coaching to accelerate your professional development. Today we’re featuring a conversation with David Gelles, reporter on the New York Times climate team and leader of The Times’s Climate Forward newsletter and events series.
Here on AccelPro Audit we usually talk to auditors, regulators, academics and regulators. But today we’re talking to a journalist at one of the world’s most respected newspapers. Why? With years of business reporting under his belt and a recent promotion to the head of up the Times’ Climate Forward newsletter, Gelles has a unique perch from which to view and understand the greater cultural context companies face when they’re doing ESG reporting. 
In this conversation, he talks about the increasingly perilous political crosswinds companies must navigate, the rising risk of legal liability around environmental issues, why he still finds most companies’ ESG reporting lacking and finally, why he keeps a framed rejection letter from the New York Times on his desk.
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AccelPro’s interviews and products accelerate your professional development. Our mission is to improve your day-to-day job performance and make your career goals achievable.
Send your comments and career questions to questions@joinaccelpro.com. You can also call us at 614-642-2235.
If your colleagues in any sector of the audit field might be interested, please let them know about AccelPro. As our community grows, it grows more useful for its members


This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit auditinsights.joinaccelpro.com