Narrowing the Expectations Gap – Challenges Faced by Auditors in Today’s Ever Changing Economy

40.00 Inc VAT

Thursday 16 April 2020 | 14:00

Venue – Landmark Business Centre, Hal Qormi

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Description

It is a well-known fact that auditors and the public hold different views about the auditors’ duties and responsibilities in providing an opinion on a given set of financial statements. The recent emergence of corporate scandals and the subsequent implications on the audit reports published have highlighted the audit expectation gap. Evidently, public misconceptions are a major cause of the legal liability crisis facing the accounting profession. Given the significance of the expectation gap, there is an urgent need for an audit to evolve and to listen to the public’s legitimate concerns about the audit.

Closing the expectation gap in audit is the start of how the profession can evolve to meet society’s expectations of it. It is very important that all stakeholders connected to the audit profession, including professional accountancy bodies, audit firms, regulators, journalists and politicians, contribute towards reducing the expectation gap in an audit.

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Speaker

Paul Spiteri graduated as a qualified accountant from the University of Malta in 2015, and is an Associate of the Malta Institute of Accountants. He is also a Certified Public Accountant and holds a practicing certificate in auditing.

Paul joined Nexia BT in 2011, during his university studies, in which period he started to gain significant experience in auditing various companies in various sectors and has also worked in the consultancy department.

He currently works as a Group Financial Controller with an established firm in the construction industry.  Paul also holds a Diploma in Insurance Accounting and Auditing.

Events Resources

Events resources will be available after the delivery of the event.

Event Details

Start date: 16/04/2020

Start time: 14:00

End time: 17:15

Venue: Landmark Business Centre - Hal Qormi

Phone: +356 27555560 / +356 77555560

Email: info@societyeducation.eu