[MA blog]: ICAEW explores the future of auditing

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Santosh Puthran

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Mar 28, 2009, 5:19:18 PM3/28/09
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ICAEW explores the future of auditing - 26 Mar 2009

Posted: 27 Mar 2009 06:21 AM PDT

From the page: "his week, some 150 members of the ICAEW attended the fourth National Practitioner Forum arranged by the Practice Advisory Board, which focused on exploring the future of auditing. Guest practice editor Mark Lee was on hand to capture the highlights for AccountingWEB.co.uk.

The National Practitioner Forum was another opportunity for practitioners to offer direct input on the ICAEWâ€s strategy on practical day to day issues.

Chief executive Michael Izza gave the keynote address in which he explained that the purpose of the day was for members to consider the future of audit as a service line given the impact of past, present and future changes in the audit environment. His passion, commitment and real world thinking were evident, and this was reflected in the discussions and debate that ensued.

The event was titled, â€will you still be an auditor in five years†time?â€, a question that Izza stressed was â€really important†to the profession today. He suggested that even if practitioners above a certain age are still auditing in five years†time, they may be unable to identify successors who are interested and able to conduct audits thereafter."



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