Patricia is a director with Baker Tilly’s professional practice group. Patricia’s experience spans both the professional and academic arenas. In her more than 15 years as a practicing CPA, Patricia has assisted clients with a wide range of services, from full-scope audits of private and public entities to research and consultation on a range of SEC reporting, GAAP and corporate governance issues. In her over 10 years as an academic, she has investigated and authored papers on a range of topics related to audit quality, corporate governance, the impact of new regulations on market and financial reporting outcomes and the impact of information technology on the audit process. Her research has been presented at conferences nationally and internationally. Patricia has been the recipient of numerous professional and academic awards, including receiving recognition as an AICPA Women to Watch and Educator of the Year final nominee. Among others, she has developed and taught undergraduate and graduate courses in financial accounting, managerial accounting, auditing, data analytics and emerging topics in accounting. She is also the co-founder and current chair of the annual UCI Audit Committee Summit.
- Researched, analyzed and reported on a broad spectrum of accounting issues for a range of public and private companies
- Engaged in an audit planning consultation project that led to the design and implementation of a complete audit planning methodology and program which successfully streamlined and increased the consistency and quality of the accounting firms’ planning process
- Provided client service/consultation in the areas of auditing, IPO-related issues, implementation of new technical standards accounting-related issues
- Team leader in the planning and execution of annual audits and quarterly reviews of various public and private companies
- Experienced in the audit and financial statement presentation of corporate pension plans
- Experienced in preparation of full disclosure financial statements and review of other SEC reporting documents
- Served as reviewer of staff documentation and procedures on a wide range of assignments including audits, reviews and compilations
- Wellmeyer, P. "What Boards Need to Know About the SEC’s New Executive Compensation Recover (Clawback) Rule.” December 2022.
- Wellmeyer, P. “SEC Issues New Pay versus Performance Disclosure Requirement.” August 2022.
- Pincus, M, Tian, F, Wellmeyer, P, and Xin Xu. “Do Client’s Enterprise Systems Impact Audit Quality and Efficiency.” University of California, Irvine, Hong Kong University, University of California, Irvine, and Tsinghua University. Contemporary Accounting Research. 34 (4), 1975-2021
- Wellmeyer, P. M. Pincus, L. Yao. “Do Client Managers Strategically Respond to their Auditors’ Materiality Threshold Disclosures?”. University of California, Irvine and Bejing JiaoTong University.
- Camacho, M. Munoz-Izquierdo, N., Pincus, M., Wellmeyer, P. “Are Key Audit Matter Disclosures Useful in Assessing the Financial Distress Level of a Firm?”. University of California, Irvine and Universidad Complutense De Madrid.
- Lunawat, R., Wellmeyer, P., Yu, D. “The Impact of Audit Quality Disclosures on the Auditor Selection and Pricing Decisions of Board Members, CFOs, and Investors.” University of California, Irvine.
- Wellmeyer, P. Mock, T. Stuart, I. “The Impact of Hierarchical Teams, Method of Communication, and Auditor Priming on Key Audit Decisions.” Working Paper. University of California, Irvine, University of California, Riverside, and Norwegian School of Economics
- Wellmeyer, P and Stuart, I. “In the Era of Audit Data Analytics, What’s happened to Audit Sampling?”. Working Paper. University of California, Irvine and Norwegian School of Economics
- Wellmeyer, P. and Chatani, K. “Why Cybersecurity is a Financial Reporting Risk”. UCI Accounting Bulletin.
- Wellmeyer, P. “Dear Investor… Yours Truly, Auditor”- article describes current research, regulatory progress, and implications of new auditor reporting model. UCI Accounting Bulletin
- Participant and presenter- PCAOB Academic Symposium
- Presenter- International Symposium on Auditing
- Reviewer- Review of Accounting Studies Journal
- Reviewer and presenter- American Accounting Association Mid-Year Audit Section Meetings
- Reviewer- AAA Western Region Meeting
- Reviewer- Journal of International Accounting Research Journal
- Reviewer- Financial Accounting for Undergraduates by Wallace et al. (Cambridge Publishers)
- Reviewer- Accounting Ethics by Stuart, Stuart, and Pedersen (Wiley)
- Contributing Author- Auditing and Assurance Services: An Applied Approach by Iris Stuart (Wiley)
- Presenter- California Forum for Diversity in Graduate Education
- PhD External Review Dissertation Committee Member- “The Impact of Auditing on Financial Distress Predictions”. Nora Munoz-Izquierdo. Universidad Complutense de Madrid
Location
Orange County, CA
Education
Ph.D. in management and accounting
Norwegian School of Economics (Bergen, Norway)
Master of Science in accounting
California State University – Fullerton
Bachelor of Science in business
University of California – Riverside
