AICPA Chairman Christen addresses organization’s Conference on Current SEC and PCAOB Developments, discusses challenges and opportunities facing profession.
WASHINGTON, D.C. (December 9, 2015) – In his role as Chairman of the American Institute of CPAs’ (AICPA) Board of Directors, Baker Tilly Virchow Krause, LLP (Baker Tilly) Chairman and CEO Tim Christen welcomed attendees to the AICPA’s Conference on Current SEC and PCAOB Developments and strongly reaffirmed the critical role the profession plays in the world’s economy.
In his remarks, Christen forcefully reiterated the importance of quality as a foundation of the profession’s efforts. Christen mentioned the AICPA’s quality initiatives such as Enhancing Audit Quality program and noted how the AICPA is working to ensure professional standards and guidance drive quality behavior. “We’re providing learning resources focused on competence, not just knowledge. We’re creating a more robust monitoring and enforcement system that enables prompt remediation,” Christen said.
Christen also opened the AICPA conference with remarks about the profession’s ability to adapt and evolve to ensure the ongoing relevance of its services. “We are a strong profession, and the core of what we do is essential in the world’s largest economy,” Christen said.
“The fact that we’ve been around for nearly 130 years proves that very point. We should continue this trajectory to evolve, adapt and adjust in line with what our organizations and clients need,” he added.
Christen also referenced other issues he includes in his platform as chairman of the AICPA, notably raising awareness about cybersecurity, the Integrated Reporting (IR) framework and the need for talented people.
He called on the profession to become a magnet for the best and brightest talent, stating the need to have the right people perform emerging services in a complex and evolving environment.
The AICPA Conference on Current SEC and PCAOB Developments is a three-day forum that addresses new regulatory issues and their impact on audits, reporting and governance for public companies.
Christen chairs the firm’s Board of Partners and Compensation Committees. He is a CPA and a Chartered Global Management Accountant (CGMA). He was named one of Accounting Today’s Top 100 Most Influential People in tax and accounting for 2015.