Changing Role of the Auditor (2013)?

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Information about Changing Role of the Auditor (2013)?

Published on October 12, 2013

Author: PieterdeKokRAdrs

Source: slideshare.net

Description

October 10, 2013, i was asked to speak at the Accouting Insight event; Future Changing Role of the Auditor. Two limitations. Other speakers talked about technology and education.So i focussed on the question; does our 'role' change? I dont think so. We are (we should), we will, that trusted advisor, serving the society with an independent and objective view by providing assurance (trust).

Lets start improving that role instead of thinking about changing it.

The New Role of The Accountant Pieter de Kok RA, October 10, 2013

I WILL NOT TALK ABOUT TECHNOLOGY I WILL NOT TALK ABOUT EDUCATION BUT JUST SOME BACKGROUND INFORMATION

Just to be sure, tonight we are talking about auditing, the audit profession, financial statements etc...

…THE CHANGING ROLE OF THE AUDITOR….

“To change you need to understand the past…” - Dr Phil

..THE CONFIDANT.. NO CHANGE OR ROLE! OF OUR BEAUTIFUL SOCIETY

2008

2011

End of 2010: The Auditing Establishment is shivering…

October 2010

@deko k p i e t e r “ c h a n g i n g the audit mindset, how t o d o t h i n g s d i f f e re n t l y, w h a t , h o w, w h y ? ” - October 14, 2010

CHANGING THE AUDITING LANDSCAPE: me e t T U A C C . c o m

WWW.TUACC.NL

Connecting LEFT and RIGHT part

WHAT IS OUR ROLE, DO WE NEED TO CHANGE? 20 TweetUps, 3 Large Events, > 100 blogs, Innovationlab etc

TOP 7 JUNE 2012

FALL 2012

MINDSET CHANGE WHAT IS THE DNA OF OUR PROFESSION? MINDSET INDEPENDENCE & BEHAVIOUR (creating a better world) LIFE LONG EDUCATION PROGRAM COMMUNICATION (AUDIIT REPORTS, SHAREHOLDER’s MEETINGS, BUSINESS ALERTS) SUSTAINABLE BUSINESSMODEL3.0

Najaar 2012 SHARING KNOWHOW CO-CREATION INNOVATION

My observation: It’s early 2013… changes (including the mindset) are moving slowly, the battery is running low…

We do have a beautiful profession! Let’s make small steps... We can’t change the audit profession or role with a big bang..

COMMUNICA TION, BEHA VIOUR, MINDSET, TRAINING,TOPGUN QUALITY EDUCA , TION

WAYS TO INNOVATE: PRODUCT INNOVATION SOCIAL INNOVATION QUALITY INNOVATION BUSINESS MODEL INNOVATION TECHNOLOGY INNOVATION

WHA WE NEED TO DO: T TO MOVE FROM HAVE TO CHANGE TO WANT TO CHANGE! From negative motivation t o p o s i t i v e m o t i v a t i o n

Alright, it’s difficult... “ ” I t always seems impossible until i t ' s done.“ Nelson Mandela

WE NEED TO START LISTENING AND WORKING TOGETHER! C R E AT I N G N E W B U S I N E S S M O D E L S T O G E T H E R .

Not like this! We n e e d t o w a n t t o l e a r n a n d improve our skillset.

Understanding how the world is looking at us; start listening, connecting and sharing!

Here we go! Think about Hans Verkruijssen. OUT OF THE BOX !

IT’S ALL ABOUT OUR VA L U E P R O P O S I TO N The essence of the added value that connects auditors and customers. The existence of auditing firms.

September 2013

Trying to stop time and opposing change is useless. Now is the time to embrace change and stay ahead of time!

WWW.CONEY.NL PIETER.DEKOK@CONEY.NL

DISCUSSION Considering the current ‘Quality level’ of AUDITING in general; shouldn’t we be focusing on improving audit quality (through technology), rather than considering a shift to an advisory role? Should we establish TOP GUN audit engagements teams based on the best and smartest auditors per segment / sector working for individual audit firms? Should we ‘spread’ the independence issue and guarantee best class audit performance? To change our role, should we innovate the business model first by implementing a maximum partner income of X and a % of gross margin that needs to be spent on training, talent programs and innovation?

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