We are delighted to share that Rick was invited to speak at the Accountancy Week Celebration 2022 in the Philippines on 19 July 2022.
Organised by the Philippine Institute of Certified Accountants (PICPA), the annual tradition has seen accountants in the country celebrating weeklong festivities since 1966. Each day is centered around a different focus and today, the celebration provides a Spotlight on Public Practice.
In this year's highly anticipated event, Rick delivered a talk on the Future of Audit, where he explored the market myths, realities and future direction for the audit profession.
Rick discussed the results of a Mazars survey The Future of Audit: market view that was released in 2021, which explored the shifting market expectations of audit decision makers around the world, inviting stakeholders to consider necessary changes for its evolution.
The session also featured other speakers namely Atty. Emmanuel Y. Artiza from the Office of the General Accountant, Securities and Exchange Commission, and Josie Teaño, Managing Director and SVP Philippines and Thailand, Publicis Group. More than 450 in-person and online attendees comprising accountants, auditors, and other finance professionals joined the session today.
Being part of this momentous event provides a way for Mazars to strengthen our engagement with our international counterparts and cement our position as a globally integrated firm. Mazars in the Philippines is a major sponsor of this year's event.
More than 200 onsite and 250 online attendees joined the event. These include accountants, auditors, and other finance professionals.
The audit profession faces a decisive moment: market expectations are shifting, technology is empowering auditors and strengthening quality, the case for audit’s evolution is growing and a series of headline corporate failures have raised questions about the quality of service companies can expect.