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Financial Reporting, Audit and Assurance Conference | Trust and Transformation

Programme

11-12 October 2021

Watch the recordings of ICAEW's Financial Reporting, Audit and Assurance Conference.
View our speakers

Monday 11 October

Chair’s welcome and keynote
  • Event
  • 11 Oct 2021
  • 09:30 - 10:15 BST

The BEIS White Paper on audit and corporate governance reform proposes sweeping changes to restore trust in the profession and in business. As government prepares to publish its response to the public consultation, hear the latest insights on the key challenges and opportunities being faced.

Event Speaker is Sir Jon Thompson, Chief Executive, Financial Reporting Council

Trust through bespoke reporting: it’s not rocket science
  • Event
  • 11 Oct 2021
  • 10:20 - 11:05 BST

Providing entity-specific, tailored information in the annual report is key to building trust. Focusing on going concern, resilience statements and strategic reports, this session explored the importance of bespoke, connected reporting and outlined how it can be achieved.

Event Speakers are Jake Green, KPMG and Danielle Stewart OBE, RSM

Reporting in turbulent times: how to build trust
  • Event
  • 11 Oct 2021
  • 11:20 - 11:50 BST

How do you move your annual report away from being a collection of discrete, regulatory information towards a powerful, decision-useful piece of corporate communication? This session provided insights on how to weave together corporate storytelling, regulatory requirements and best practice to craft annual reports that help companies build trust with their key stakeholders.

Event Speakers are Mei Ashelford, Director of reporting intelligence, Gather and Robbie Cruikshanks, Research Assistant, Gather

Key trends driving audit change
  • Event
  • 11 Oct 2021
  • 11:20 - 11:50 BST

With great change comes great opportunity. Impending audit reforms promise to redefine the audit product and the profession trusted to provide it. Learn more about how Inflo sees reforms coinciding with the advancement of the use of data, the shift to digital technologies and other key trends.

Event Speaker is Mark Edmonson, Chief Executive Officer, Inflo

Audit and fraud: preparing for change
  • Event
  • 11 Oct 2021
  • 11:55 - 12:25 BST

In May 2021, the FRC issued a revised version of the fraud auditing standard, ISA (UK) 240. This will impact audits for periods beginning on or after 15 December 2021. Learn more about the changes and how they were designed to provide increased clarity on the auditor’s obligations.

Event Speaker is James Ferris, Head of UK Auditing Standards, FRC

Building bridges: connecting financial reporting and internal controls
  • Event
  • 11 Oct 2021
  • 11:55 - 12:25 BST

A more effective and transparent link between financial statements and the underlying financial control framework is a key element of the BEIS White Paper on audit and corporate governance reform. A solid control framework drives confidence in the financial reporting process, and the financial reporting process provides a focus for the financial control framework. So why are the two areas often treated separately and, more importantly, what can be done to bring about transformation and join them up?

Event Speakers are Tim Le Mare, Regional Sales Director, Workiva and Charles Calovich, Solutions Lead, Workiva

Hybrid working and the foundations of resilience
  • Event
  • 11 Oct 2021
  • 12:30 - 13:00 BST

In this session we explored the challenges of remote working in terms of productivity, boundaries and maintaining motivation in the digital space, including knowing when to ask for help and some tips on difficult conversations with clients. New ways to deal with ‘busyness’ and tools and techniques to help are also covered.

Event Speaker is Isabelle Campbell, Trainer, CABA

Tuesday 12 October

Chair’s welcome and keynote
  • Event
  • 12 Oct 2021
  • 09:30 - 10:15 BST

As the UK prepares to host COP26 and as businesses rise to the challenge of transforming to a net-zero economy, hear from Lord Callanan on the government’s plans and ambitions to achieve a business environment that addresses the climate crisis and delivers a sustainable future.

Event Speaker is Lord Callanan, Minister for Business, Energy and Corporate Responsibility

Panel session: Sustainability reporting and addressing the climate challenge
  • Event
  • 12 Oct 2021
  • 10:20 - 11:05 BST

With growing focus on non-financial information and the urgent need to address climate change, sustainability reporting is transforming corporate reporting. From the information needs of investors, the challenges and opportunities for preparers and the role of assurance standard-setters, this panel session covered a range of different perspectives.

Event Speakers are Veronica Poole, Paul Lee, Lyn Provost and Sandra Latner

Assurance mapping: looking at ESG issues
  • Event
  • 12 Oct 2021
  • 11:20 - 11:50 BST

Considering environmental, social and governance issues has never been more important. Assurance mapping helps boards and management gain an understanding of the sources of risks and how they mitigate and manage them. Learn what ESG content should be covered by assurance mapping and how it fits into audit reforms.

Event Speaker is Naomi Rigby, ESG Assurance, PwC

Open banking - transforming the audit process
  • Event
  • 12 Oct 2021
  • 11:20 - 11:50 BST

What can be done with the new data sourcing technology and what might it mean for you and your clients? Kyle discussed open banking and its use in audit.

Event Speaker is Kyle Gibbons, Managing Director Europe, Confirmation

Connecting financial and sustainability reporting
  • Event
  • 12 Oct 2021
  • 11:55 - 12:25 BST

This session looked at how technologies being used for sustainability reporting can be successfully translated for use in financial reporting, offering giant leaps towards integration. Centering around initiatives that are gathering momentum with key stakeholders, discover the increasing role technology will play.

Event Speaker is David Wray, Global Accounting & Reporting Senior Director, Huawei

Performing high-quality digital audits
  • Event
  • 12 Oct 2021
  • 11:55 - 12:25 BST

This session is delivered in partnership with Inflo. Inflo transforms the accounting profession by making leading-edge technologies accessible to all. Mike Bowman, Chief Commercial Officer, discussed the practical considerations in adopting digital audit technology, staff motivation and training, and benefits to the audit process.

Event Speaker is Mike Bowman, Chief Commercial Officer, Inflo

Stress management, an introduction to mindfulness and breathing exercises
  • Event
  • 12 Oct 2021
  • 12:30 - 13:00 BST

This session looks at techniques on managing stress, how to maintain your physical and mental health and practice gratitude and mindfulness. We explore what mindfulness is and how it can benefit you at work. You will leave the session with a tool kit to help manage stress during challenging times.

Event Speaker is Isabelle Campbell, Trainer, CABA

On-demand webinar: Digital assets and the future of audit
  • Webinar
  • 23 Sep 2020
  • 11:00 - 12:00 BST

During this webinar, experts from Circit will discuss how digital assets are obtaining mainstream corporate adoption. As this adoption accelerates, it presents a clear competitive advantage for those audit firms that not only understand this new asset class but who can also develop an ability to verify these digital assets using real-time API based technology.

Event Speakers are Conor McAleavey, VP of Strategic Partnerships at Circit and David Walker, Managing Partner at Moore Cayman