The AICPA’s Enhancing Audit Quality (EAQ) initiative is ongoing, with a purpose for improving audit quality in an increasingly complex world. Understanding this initiative’s trends and focus for 2021 will benefit you as an external auditor, as well as your firm’s entire audit team.
For those reasons, join industry thought leaders Carl Mayes from the AICPA, Brain Powers from Honkamper Krueger, and Andrea Hearn from Wolters Kluwer for a conversation that will undoubtedly help you and your firm be more successful this year.
Who Should Attend: All who perform audit engagements on public and non-public entities and are interested in improving their audit quality and efficiency should attend this session, including audit partners, audit managers, and audit staff.
As the quality control partner and chair of the Honkamp Krueger's risk oversight committee, Brian focuses on the firm’s quality control system primarily within the assurance, tax, and advisory practices. His commitment to quality extends to other CPA firms, assisting them with their peer review requirements. In addition, he helps companies with a multitude of services, including assurance (audit, review, and compilation), accounting, financial report preparation, outsourced internal control, and other advisory services within the financial institutions, as well as professional services and manufacturing/distribution industries.
Carl Mayes is the Senior Technical Manager – Special Projects on the Public Practice and Global Alliances team at the American Institute of Certified Public Accountants (AICPA). He is responsible for managing practice quality initiatives for the AICPA including regulator quality studies, practice monitoring, and various technical and regulatory-focused projects. He is the project manager for the AICPA’s Enhancing Audit Quality initiative and manages the execution of the AICPA’s 6-Point Plan to Improve Audits.
Before joining the Public Practice and Global Alliances team, Mayes helped perform market research, develop the business plan and identify the membership model for the AICPA Not-for-Profit Section.
Andrea Hearn is Technical Product Manager at Wolters Kluwer Tax and Accounting North America. Andrea works with customers and software teams to provide new audit products, new features, and industry titles for CCH® ProSystem fx® Knowledge Coach and CCH® Axcess® Knowledge Coach. Andrea also works closely with the Wolters Kluwer Research and Learning team to ensure titles have an optimal workflow for Knowledge Coach Customers.
Before joining Wolters Kluwer in 2006, Andrea worked as a business planning manager in the financial services industry and has a Master’s Degree in Arts from York University.