Audit Leaders Forum

24 April 2024 / Canary Wharf, London

Register now

Thomson Reuters® Confirmation is pleased to welcome you to our third annual Audit Leaders Forum, drawing together senior leaders from the Confirmation community of customers and industry partners across the UK.  

This event creates an opportunity for senior leaders within audit to convene for inspiring, thought-provoking discussions on the most relevant topics and daunting challenges facing the audit industry.

To find out more, click below and register your complimentary space today.

Why should I attend this event?

Great event. Highly recommended.

Director of Audit Quality
Mazars

I thoroughly enjoyed being invited once again to the Audit Leaders Forum and again found Kyle who presented the forum to be very diligent and professional. The whole forum was run very well and was a very useful insight. Looking forward to attending in 2024

Partner
Chamberlains UK LLP

The agenda was topical and the range of speakers was excellent, I particularly enjoyed the networking opportunities. 

Senior Manager
BDO

Lots of helpful insights from panelists

Partner
Menzies

it was really great to be able to meet and talk to some interesting people in peer firms.

Director, Audit Quality
Crowe

Great day, lots of shared knowledge and learning!

Partner
BHP LLP

2024 Speakers

Kyle Gibbons_New_Circle_Profile Picture
Kyle Gibbons, Head of Global Accounts Thomson Reuters Confirmation

For over 10 years Kyle's career has been focused on the audit profession, first as an auditor, then serving in consultative roles across resourcing and technology. He is also a regular speaker on the topics of fraud, information and technology across audit.

Currently he is a Director at Thomson Reuters where he has global oversight of the organisation's relationships with the world's largest accounting firms in relation to the Confirmation service. He also manages Confirmation's operations across Europe and South Africa.

Caroline Winch_Profile Picture_circle
Caroline Winch, Commercial Director Thomson Reuters Confirmation

Caroline has over 20 years of experience working with delivering solutions to large clients across several industries, globally.

As a Commercial Director at Thomson Reuters Confirmation, Caroline focuses on leading the European team in supporting audit firms and banks to have a more efficient audit process for their clients and mitigate the risk of fraud with the validation of financial data. 

David Circle
David Wyle, General Manager, Thomson Reuters

Dave was named General Manager of Audit for Thomson Reuters Tax & Accounting Professionals in September 2023, following Thomson Reuters’ acquisition of SurePrep earlier that year. His extensive experience and expertise in audit workflow are helping the Tax & Accounting Professionals business continue to grow and expand in the audit space.  

Previously, Dave was CEO of SurePrep, an end-to-end tax automation solution for tax professionals and taxpayers that he founded in 2002. He started his career as a CPA with PwC.  

Dave earned a bachelor’s degree in economics from the University of California at Santa Barbara. 

Steve Lindsey TR
Steve Lindsey, Director, Product Management Audit & Assurance, Thomson Reuters

Steve leads the design and development efforts of Thomson Reuters’ online and desktop audit and assurance products.

He has worked for Thomson Reuters for over 30 years, first as an editor and author of audit and accounting guidance and later leading the development of Thomson Reuters’ audit software product line, including Checkpoint Tools, SMART Practice Aids, AdvanceFlow and Checkpoint Engage.

Steve is a CPA and has been active in the accounting profession for over 40 years. He began his career in public practice working with KPMG and a small, local firm in Fort Worth, Texas. The hands-on experience gained providing audit, accounting, and tax services to clients ranging from small businesses to multinational companies gives him a unique understanding of the challenges faced today by auditors and their clients.

Alex Russell_Circle
Alex Russell, Head of Audit and Assurance Strategy, ICAEW

Alex is ICAEW’s Head of Audit and Assurance Strategy and leads ICAEW’s Audit and Assurance Faculty.  

His responsibilities include overseeing practical technical guidance for members on audit and assurance matters, including  ISA implementation, auditor reporting, and, increasingly, sustainability assurance, and overseeing thought leadership and other projects on audit quality and UK audit reform.

Ian Pay
Ian Pay, Head of Data Analytics and Tech, ICAEW

Ian joined ICAEW as Head of Data Analytics and Tech in March 2022, looking at the role that analytics and technology solutions play in the profession, and supporting the ICAEW’s members in their exploration and development of knowledge around technology.

Prior to this, Ian worked for over 10 years at PwC in Data Analytics, specialising in External Audit and Data Acquisition and developing robust data transformation processes.

Ian is passionate about digital upskilling, and has previously trained as a secondary school teacher and a musician.

Kathryn Cearns
Kathryn Cearns, OBE

Kathryn Cearns is a Chartered Accountant who is a specialist in financial reporting, auditing and corporate governance, including the reporting and auditing aspects of company law.

Kathryn chaired the ICAEW Financial Reporting Committee for 10 years and in 2016 stepped down from six years of chairing the Financial Reporting Advisory Board to HM Treasury on public sector reporting.

Kathryn now works predominantly as a non-executive director and among other appointments chairs the audit and risk committees at the Nuclear Decommissioning Authority and National Highways, and she is a board member at the UK Accounting Standards Endorsement Board. She was previously on the External Audit Committee of the IMF and a Non-executive board member at the UK Supreme Court. 

Rhodri Whitlock
Rhodri Whitlock, Quality and Governance Consultant

Rhodri can draw on over 25 years partner level experience providing a range of assurance and advisory services to high growth SMEs through to public interest entities and, supporting national and international audit quality initiatives within a top ten firm. Complementing his practice experience, Rhodri has also worked with the Financial Reporting Council on a range of audit quality and thematic projects.

Rhodri runs his own consultancy business working with audit firms and corporate entities advising on a range of quality, technical and governance areas. 

Dame Kelly Holmes
Dame Kelly Holmes, Guest Speaker

Dame Kelly Holmes joined the British Army at seventeen, serving for nearly ten years as a qualified HGV driver and Physical Training Instructor.

During a twelve-year international career, Kelly won multiple medals at the Commonwealth, European, World and Olympic level, culminating in two Gold Medals at the Athens Olympics Games for the 800m and 1500m, which cemented her place in history as the first women ever in Great Britain to win two gold medals at the same games.

In an emotional and powerful documentary called Kelly Holmes: Being Me, she came out publicly as a gay woman. Kelly explained how after thirty-four years of fear, she finally feels free to be her authentic self and wants to use her voice to educate and inform on Diversity & Inclusion matters.

Today Kelly is a Global Inspirational Speaker, an award-winning author, as well as championing fitness, wellness, and mental health.

Lindsey Tyler
Lindsey Tyler, Audit & Assurance Partner, Azets

Lindsey Tyler is the UK Head of Audit for Azets. Lindsey is responsible for the strategy, growth, innovation and technical compliance of the audit service line in the UK.  Lindsey completed her training with KPMG and has been with Azets for the past 8 years.

Lindsey also has a portfolio of clients in a variety of sectors including property development, technology and distribution.  Lindsey’s client base also has a variety of different ownership structures from large UK privately owned groups to PE backed businesses.

In her Audit role, Lindsey also sits on the Azets national leadership team.  She is a strong advocate for diversity and inclusion and is passionate about developing the next generation of talent within Azets.

Sarah Bradley_Circle
Sarah Bradley, Principal, Grant Thornton

Sarah is an Audit Principal within the financial services department of Grant Thornton Ireland. Sarah specialises in the provision of a range of audit and assurance services to the financial services industry, particularly in the areas of asset management, aviation and technology.

 

She has over 15 years’ experience working with a range of global asset managers who have used Ireland as a location for the establishment and/or servicing of UCITS funds, hedge funds, funds of hedge funds, alternative investment funds and private equity funds.

 

Sarah is involved with numerous industry working groups and currently sits as Chair of the Irish Funds Member Engagement Group. She is also on the Executive Committee of the Green Team Network.

james_berridge_circle
James Berridge, Director Data Analytics, Saffery

James joined Saffery in 2022 to lead the adoption of audit data analytics. Combining previous experiences as an auditor, audit technical team member and as an audit technology lead, he is now responsible for many of Saffery’s audit technologies. A large part of his current role requires working between IT and the audit teams to identify and evaluate new technologies then managing the business change process including communications, working with technical for necessary methodology adjustments and training for the audit teams.

James is also on the board of the ICAEW South network for regional members.

Clare Moncrieff_cirlce
Clare Moncrieff, Senior Director, Client Advisory, TalentNeuron

Clare is a seasoned professional with over 20 years of experience in HR and Professional Services.

In her current role at TalentNeuron, Clare advises CHROs and business leaders on making data-based talent decisions using TalentNeuron’s leading Global Labour Market Intelligence.

Prior to joining TalentNeuron, Clare was the VP, People Direction at Nokia, where she was responsible for a wide range of HR Expertise areas, including culture, change management, digitalization, inclusion & diversity, executive development, executive recruiting, succession and talent management, future of work, compensation and benefits, employment and OD for Nokia’s global workforce.

Ronnie G Corbett
Ronnie Corbett, Culture & Root Cause Director, Audit, Grant Thornton

Ronnie Corbett, is a Director of Audit Culture and Root Cause at Grant Thornton. Ronnie’s journey began with a brief stint in the Royal Marines, eventually finding purpose in the Royal Air Force (RAF) in 2000. Over a span of ten years in the RAF, he specialised as an air traffic controller, embarking on various tours that included RAF Valley (the fast jet training centre of the RAF) and a tenure as an instructor at the air traffic control school in Shropshire. Ronnie was deployed to Basrah, Iraq in 2007.

Ronnie transitioned from the military to become a civilian air traffic controller. His pursuits led him to train with NATS, qualifying as an area and approach controller, with the opportunity to manage Heathrow approach radar. He became a Watch Manager, contributing at airports including Liverpool and East Midlands.

Parallel to his journey as an air traffic controller, Ronnie cultivated a decade-long expertise as an aviation incident investigator.  Shifting paths in 2021 Ronnie joined Grant Thornton, where he has spent the past three years working to help create a bespoke audit culture through psychological safety and speaking up.

Karen Wardell Moore Kingston Smith
Karen Wardell, Partner, Moore Kingston Smith

Karen acts for a mixed portfolio of clients from start ups to large groups in the nonprofit, property, telecommunications, retail, media and manufacturing sectors.

She advises on all areas of their financial affairs, covering not only accounting, audit and tax matters, but the many and varied challenges involved with running a business on a daily basis, including helping clients make informed decisions about their own financial planning.

Tim Gonzaga
Tim Gonzaga, Technical Director, Moore Kingston Smith

As a director in the firm’s technical department, Tim Gonzaga is relied upon by Partners and clients alike on matters relating to financial reporting and auditing issues.

With technical areas often a challenge to understand, Tim writes and delivers training courses for both clients and teams at Moore Kingston Smith.

Tim works on financial reporting projects for his clients, including specific reports on the application of accounting standards including IFRS across several sectors including property, media, and charities.

Khiet_Cheung_circle
Khiet Cheung, Partner, UHY Hacker Young LLP

Khiet joined UHY Hacker Young LLP in January 2020. 

Khiet has over 16 years’ experience working in the Technical and Training field mainly focusing on mid-tier audit firms.  

She is also part of the UK Mid-Tier Firms’ Technical Working group as well as attending the UK Mid-Tier Ethics Partners meeting and often attends both the Financial Reporting Council (FRC) and Institute of Chartered Accountants of England and Wales (ICAEW) discussion workshops, sharing her insights on audit matters.

Her focus is improving the firm’s Audit Quality through providing technical support and training to both trainees and qualified auditors on the International Standards on Auditing (ISAs), UK General Accounting Practice (UK GAAP) and UK adopted International Accounting Standards.

gwyn.griffiths cirlce
Gwyn Griffiths, Chief Risk Officer, Crowe

Gwyn qualified as an auditor in Deloitte’s (then Touche Ross) audit division, where he managed the audits of (amongst others) two international airports, a major cosmetics company, building firms, a local authority and an acute hospital trust, he performed fraud investigations and contributed to stock exchange documents. Gwyn moved into risk management over 30 years ago, responsible for advising teams on acceptance decisions, engagement and reporting terms, contributing to the public policy debates on auditor liability and audit responsibility.  Gwyn managed professional indemnity claims and regulatory investigations for several years, and was a partner in Deloitte’s forensic practice for two years in the aftermath of the 2008 financial crisis.

In his CRO role at Crowe, Gwyn is on the firm’s Quality Management Steering group, navigating the demands of ISQM 1, participates in the Public Interest Committee, helping it to operate effectively under the Audit Firm Governance Code.  He is responsible for the firm’s enterprise risk framework and assurance programme and oversees the firm’s regulatory compliance and risk management.

Prior to his accountancy career, Gwyn obtained a degree in Biochemistry and was a pilot in the Royal Air Force.  The science background is reflected in the  intellectual rigour Gwyn applies in his approach to risk management; the lessons learned in officer training underpin Gwyn’s approach to leadership, accountability, resilience and ethics.

Dianne Simpson
Dianne Simpson-Price, Director, National Technology Business Partner, RSM

Full-day Agenda

Wednesday 24th April 2024

TIME 

SESSION 

DURATION

08:30 - 09:30 

Arrival, Networking, Breakfast 

1 hour 

09:30 - 09:35 

Welcome address and agenda review 

5 mins 

09:35 - 10:25 

Revitalising & sustaining audit profitability & quality: Strategies for success

50 mins 

10:30 - 11:20 

Audit technology unleashed: Navigating advancements, challenges, and consequences   

50 mins
Break (15 min)

11:35 - 12:25

Revitalising the audit profession: Strategies for successful talent attraction and retention    

50 mins

12:30 - 13:15

Thomson Reuters audit update 

45 mins

Group lunch (1 h 10 min)

14:25 - 15:15

Navigating the regulatory & risk maze: Key considerations for audit leaders   

50 mins

15:15 - 16:15

Rapid expert sessions

60 mins 

Break (10 min)

16:25 - 17:25 

Guest speaker: Dame Kelly Holmes

60 mins 

17:25 - 17:30 

Wrap-up and close

5 mins

Networking drinks reception (1 h 30 min)

 

 

Session Overviews

Descriptions

08:30 - 09:30 - Arrival

Arrival, Networking, Breakfast 

09:30 - 09:35 - Welcome
  • Welcome address  
  • Agenda review and objectives
      

     

    Kyle Gibbons_New_Circle_Profile Picture

    Kyle Gibbons

    Head of Global Accounts, Thomson Reuters Confirmation

    LinkedIn

09:35 - 10:25 - Revitalising & sustaining audit profitability & quality: Strategies for success

In this session, our expert panel will explore dynamic approaches aimed at breathing new life into the audit profession.  

  • What approaches ensure staying ahead of ever-evolving audit regulations? 

  • In what ways can technology and process enhancements yield demonstrable value in audit practices? 

  • What strategies enable the retention of profitable clients while efficiently managing less lucrative ones? 

  • How can we alleviate the significant burden on heads of audit, juggling myriad responsibilities alongside their core audit duties?   

 

Kyle Gibbons_New_Circle_Profile Picture

Kyle Gibbons

Head of Global Accounts, Thomson Reuters Confirmation

LinkedIn

 

Rhodri Whitlock

Rhodri Whitlock

Assurance and Advisory Governance Consultant

LinkedIn

 

Kathryn Cearns

Kathryn Cearns

OBE

LinkedIn

 

Karen Wardell Moore Kingston Smith

Karen Wardell

Partner, Moore Kingston Smith

LinkedIn

 

10:30 - 11:20 - Audit technology unleashed: Navigating advancements, challenges and consequences

In the evolving landscape of auditing, technology is a transformative force. Audit firms today face growing pressure to harness the power of technology in their practices. The horizon is rich with possibilities, from data analytics to artificial intelligence, each offering an opportunity to revolutionise the audit process. The question is, how much further can audit technology advance, and what considerations must firms bear in mind as they journey through this digital transformation? 

In "Audit Technology Unleashed," we'll engage in a thoughtful discussion of the role of technology in audit, its ongoing evolution, the challenges intertwined with its selection and adoption, and the risks and inefficiencies that surface when technology is haphazardly or inconsistently integrated.

 

Kyle Gibbons_New_Circle_Profile Picture

Kyle Gibbons

Head of Global Accounts, Thomson Reuters Confirmation

LinkedIn

 

Ian PayIan Pay

Head of Data Analytics and Tech, ICAEW

LinkedIn

 

Dianne SimpsonDianne Simpson-Price

Director, National Technology Business Partner, RSM 

LinkedIn

 

james_berridge_circle

James Berridge

Director, Data Analytics, Saffery 

LinkedIn

 

Tim Gonzaga

Tim Gonzaga

Technical Director, Moore Kingston Smith 

LinkedIn

11:35 - 12:25 - Revitalising the audit profession: Strategies for successful talent attraction and retention

In the quest to revitalise the audit profession, our panel of seasoned experts are set to explore the intricate challenges faced by the audit industry, with a specific focus on elevating talent attraction and retention strategies. In an era marked by rapid changes and heightened competition, the need for innovative approaches to secure and maintain a skilled audit workforce has never been more crucial. Together, we'll explore strategies to address key questions: 

  • What are the key challenges faced when trying to attract and retain talent within audit?  
  • How can we attract and retain qualified auditors in a competitive environment?
Building a Talent-Centric Culture: 
  • Discuss the importance of cultivating a workplace culture that resonates with auditors, fostering a sense of belonging and purpose. 
  • Explore ways to align organisational values with the aspirations of auditors, creating an environment conducive to long-term commitment. 
Technology and Tools for Enhanced Efficiency: 
  • Discuss the integration of cutting-edge technologies and tools to streamline audit processes, making the profession more attractive to tech-savvy auditors. 
  • Explore the potential of digital solutions in alleviating administrative burdens, allowing auditors to focus on value-driven activities. 
  • How can audit firms effectively compete with other firms to attract top talent in the auditing field?  
  • What strategies can firms implement to differentiate themselves and make their firm an attractive option for auditors? 
  • What measures can firms take to enhance their reputation in the face of increased public and regulatory scrutiny?

 

Caroline Winch_Profile Picture_circleCaroline Winch

Commercial Director, Thomson Reuters Confirmation 

LinkedIn

 

Lindsey TylerLindsey Tyler

Audit & Assurance Partner, Azets

LinkedIn

 

Clare Moncrieff_cirlceClare Moncrieff 

Senior Director Client Advisory, TalentNeuron

LinkedIn

 

Picture2Ronnie Corbett

Culture & Root Cause Director, Grant Thornton

LinkedIn

 

Sarah Bradley_CircleSarah Bradley

Principal, Grant Thornton

LinkedIn

12:30 - 13:15 - Thomson Reuters audit update

  

 

Kyle Gibbons_New_Circle_Profile Picture

Kyle Gibbons

Head of Global Accounts, Thomson Reuters Confirmation

LinkedIn

 

David Circle

David Wyle

General Manager, Thomson Reuters 

LinkedIn

14:25 - 15:15 - Navigating the regulatory & risk maze: Key considerations for audit leaders

As the audit landscape continues to evolve, audit leaders are confronted with a complex web of regulations that significantly impact their practices. This panel session aims to dissect the intricacies of audit regulations, providing a comprehensive exploration of key considerations for audit leaders. Whether you're a seasoned professional, a director shaping auditing policies, or a technology enthusiast interested in compliance, this session promises valuable insights.

The Ever-Changing Regulatory Environment:
    • Analysis of recent and upcoming changes in audit regulations. 
    • Strategies to adapt and stay ahead of regulatory shifts. 
Ensuring Compliance and Quality: 
    • Best practices for maintaining high-quality audits while adhering to regulatory standards. 
    • Challenges and solutions in achieving and demonstrating compliance. 

Global vs. Local: Navigating Diverse Regulatory Frameworks: 

    • Insights into managing audits across jurisdictions with varying regulatory requirements. 
    • Strategies for harmonising global and local compliance efforts. 
Stakeholder Communication and Transparency: 
    • Effective communication strategies with stakeholders regarding compliance efforts. 
    • Building transparency to enhance trust in the auditing process. 
Technology's Role in Regulatory Compliance: 
    • Leveraging technology to enhance compliance processes. 
    • Addressing the challenges of integrating technology into compliance frameworks. 

 

Kyle Gibbons_New_Circle_Profile Picture

Kyle Gibbons

Head of Global Accounts, Thomson Reuters Confirmation

LinkedIn

 

Alex Russell_Circle

Alex Russell 

Head of Audit and Assurance, ICAEW

LinkedIn

 

gwyn.griffiths cirlceGwyn Griffiths

Chief Risk Officer, Crowe

LinkedIn

 

 

Khiet_Cheung_circle

Khiet Cheung

Partner, UHY Hacker Young LLP

LinkedIn

15:15 - 16:15 - Rapid expert sessions

Mirroring the discussions explored through the course of the day, these interactive sessions will be led by industry experts. As always, the interactive and informal discussions follow the Chatham House rules – giving you the freedom to speak your mind.  

Over the course of an hour, 4 x 15-minute rapid sessions will run, giving you the opportunity to attend and switch across multiple sessions of interest to you.  

Rapid Session Topics  

Navigating the regulatory maze  

  • Best practices for maintaining high-quality audits while adhering to regulatory standards. 
  • Strategies to adapt and stay ahead of regulatory shifts.  
  • Are there areas where you find it challenging to stay in line with regulatory requirements, and if so, what are they? 
  • Are there specific regulations or standards that have recently been introduced or updated that impact your audit processes? 
  • Are there cross-border regulatory challenges that your firm is dealing with? 
  • How does your firm collaborate with regulatory bodies to stay informed about updates and changes? 

Alex Russell_Circle

Alex Russell 

Head of Audit and Assurance, ICAEW

LinkedIn

 

Audit technology and AI Adoption

  • What emerging technologies do you see as having the most potential to impact the future of auditing?  
  • General thoughts on your thoughts on the future of AI in auditing – emerging trends and potential innovations to be had.  
  • Current state of AI adoption – has your firm implemented any AI-driven tools or are you exploring possibilities? 
  • AI Adoption uses cases – where has AI proven beneficial in the audit context for your firm, such as fraud detection, anomaly identification or predictive analytics.  
  • Ethical considerations relating to AI in auditing, such as bias in algorithms or the need for human oversight.  

Ian PayIan Pay

Head of Data Analytics and Tech, ICAEW

LinkedIn

Thomson Reuters - The Data Driven Audit

  • Understand how Thomson Reuters' Smart Analysis concept can be used to audit with less work and greater confidence.
  • Review current screen/workflow designs and provide input.
  • Understand the AI techniques that will be used and provide feedback.

Steve Lindsey TRSteve Lindsey

Director, Product Management Audit & Assurance, Thomson Reuters

LinkedIn


Talent Attraction and Retention Strategies  

  • How can we effectively compete with other firms to attract top talent in the auditing field?
  • What can we learn about trends in university graduates in audit related fields and what do they tell us about the state of play in the early career market? What employment choices are graduates making?
  • What strategies can we implement to differentiate ourselves and make our firm an attractive option for auditors, including how to retain talented individuals?
  • How do we attract auditors with the necessary technological skills in an era of rapidly evolving audit technology?
  • How might audit roles change in the face of AI and other new technologies?

Clare Moncrieff_cirlceClare Moncreiff

Senior Director, Client Advisory, TalentNeuron

LinkedIn

16:25 - 17:25 - Guest speaker

Dame Kelly Holmes 

Dame Kelly will share insights on overcoming barriers and injuries, illustrating the power of perseverance and determination. Additionally, Dame Kelly will touch upon several key topics that are close to her heart: 
  • Diversity & Inclusion 
  • Mental Health advocacy, drawing from her personal experiences and emphasizing the importance of fostering a supportive workplace environment 
  • The significance of teamwork 
  • The importance of relentlessly pursuing one's goals without giving up 

 

Kelly Holmes_Circle

Dame Kelly Holmes

LinkedIn

 

17:30 - 19:00 - Drinks reception

Happy hour, canapes and networking! 

Register now

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Frequently Asked Questions?

What is the cost of attendance?

Attendance is free of charge for all attendees, however spaces are limited.

Where will the event take place?

The Audit Leaders Forum will take place at our Thomson Reuters office based in Canary Wharf.

5 Canada Square, E14 5AQ.

Can I bring a colleague/guest?

Yes, attendees have the option of bringing two guests. You can do so in the registration form whereby there is a field to add the contact details of your guests.

What is the registration cancelation policy?

Attendance is free of charge and spaces are limited, so we simply as you notify us of not being able to attend the Audit Leaders Forum so we can allocate the space elsewhere.

What if I cannot attend the in-person conference, will there be an option to attend virtually?

Unfortunately, no. We've heard from many of our customers that face-to-face interaction is very important. We want to facilitate collaboration and networking in person.

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