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Pain Points of Audit Board Committee Members

While financial auditing is important to businesses, shareholders/owners, lenders, investors and other stakeholders alike, new accounting changes are impacting Audit Board Committees members.

We are assembling an ongoing virtual advisory board to understand the pain points of Audit Board Committee members for both private and public companies and discuss best practices made for the new regulatory landscape.

In this exclusive online advisory board, you will be one of 15-20 experts prognosticating the future via:
1. trendspotting.
2. reacting to the latest media/reports in this space.
3. answering weekly and/or semi-monthly questions.

You will have the unique opportunity to gain and share insights on the subject as you advance innovation in the field with top thought leaders like you from around the world.

Participation is 100% online and at your convenience.

By applying here, you are committing to participate once per week or as inspired, at your convenience.

peopleExpert participation

Audit Board Committee members (both public and private companies)
Board Directors
Chief Financial Officers
VP, Finance, Accounting, Audit, or Compliance

Applicants
Richard Brand
Board Advisor at GENEius
I have formed the Audit Committees for three public companies: one has a $6 billion balance sheet; a second nearly reached $1 billion market cap last week; and the third whose backers wanted it to start small and it has stayed small. Prior to that I was asked by VCs to present economic/market conditions to boards. My top pain points are that committee members spend time on the standard lines of inquiry and don't leave time for major potential risks to the company; auditors who do not sample; and the challenge of staying current with developments in the accounting field.
Brigitte Holzer
CFO at PPRO FINANCIAL LIMITED
Serving since 20 years as board member, chair of finance, in various industries. Accompanied IPOs and strategic developments of companies. Pain point: how to get the bridge from emphasizing strategy but not being involved in day to day operations.
Yogesh Pandit
CEO & Founder Hexanika
I am an entrepreneur and founder of HEXANIKA, with a focus on leveraging new innovative technologies for business transformation. Prior to Hexanika, I was the Senior Vice President at Citibank and also worked with Ernst & Young (EY) in New York in the Financial Services Strategy and Risk Advisory practices. My 20+ years of experience in the technology and banking or financial services includes working on large projects as a result of mergers, acquisitions, financial, regulatory and accounting reforms such as Basel, Dodd Frank, CCAR, IFRS, Bank Holding Company etc. I have provided solutions to many top tier banks and Fortune 500 firms and led or supported audit and advisory engagements that included assessment of technology, business processes and controls. HEXANIKA is currently focused on addressing regulatory compliance and reporting issues faced by financial institutions leveraging the power of cognitive systems. HEXANIKA helps banks transform data analytics and reporting landscape by automating data ingestion and rules creation process that feeds in to pre-built rules engine, data model and reports and provides 100% data lineage. I can share insights on innovative technology and how the audit process can be improved using Big Data, Dara Governance, Robotics and Machine Learning.
Howard R. Fields
SVP/Group Head - AML, Trade Sanctions and Export Controls Compliance Counsel at MasterCard
As a SVP in a Global Compliance role at a multi-national company, I report into and present to the audit committee. In a discussion on pain points I will be in a good position to discuss the "why" certain compliance-related matters are required or should be considered.
John Kaestl
President and CEO, Board Member
Deep and broad experience running global manufacturing companies and governance issues. Over my career, I have served on over a dozen public and private co boards across 40+ countries. I have a very strong financial background and have served on Audit Committees and been CFO of a $4.5B global pulp, paper and packaging business. Also dealt with FCPA, Bribery Act, 404, written S1 and taken a company public in London. Top pain points are ensuring ethical compliance across all geographies and cultures, integrity of financial reporting, staying ahead of new FASB rules.
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lockThis panel is now closed to new applicants.

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Engage with equal-caliber peers any time you want.

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Enhance your knowledge on this subject.

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Gain recognition as a thought-leader in your industry.

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Earn cashable rewards through points.

“I like that I can do this when I have time,
and there is no set schedule.”


Eric Allen, Senior Manager, Supply Chain at EY

“I find the topics engaging and I love the
flexibility of checking in and providing insights
at my convenience.”

Kimberly Underwood, Consultant at Underwood Consulting

“Great platform, great questions and topics.
The potential to earn a little more money for
participating is nice as well.”

Oren Birks, Sr. Director of IT at PBI-Gordon

“I really enjoy being on the panels, sharing
information and reading the perspective of the
other panelists. It is quite intriguing and most
all of the panelists are quite bright.”

Patty Soltis, CX Strategist at Kinetic Edge Consultants

“Very interactive, informative and without
any inherent bias. This is as good a collaborative
platform as you can get.”

Pinaki Banerjee, Program Director at ITC InfoTech

“It is a perfect platform not just to share
but to learn and stay updated.”


Armando Leyva, HR Director at 360º HC

FAQ
  • add remove What is Currnt?
    Currnt is a “Knowledge Networking” platform where companies and professionals come to stay relevant on the latest advances in their industries in the face of the increasing pace of change. Companies sponsor panels to learn about where markets are headed or how to leverage new capabilities. Professionals join to demonstrate and develop their passions with equal caliber peers in expert-only facilitated online engagements. On Currnt, we take our passions seriously and ourselves lightly. See our Community Guidelines, to learn more of the rules of the road, here are some highlights

    • Be yourself. The authenticity of Currnt begins with the passion of people.
    • Be respectful. This applies to every person, at all times.
    • Be inclusive. Tolerate, welcome, and consider diverse people and perspectives.
    • Build empathy and understanding. Engage in debates that are in good faith.
    • Foster meaningful and genuine connections. This is what Currnt is all about.
    • Do not plagiarize or fail to cite other’s ideas.
    • Don’t game the points by trying to coordinate intentional recognition.
  • add remove How do Panels work?
    The panel is like a facilitated forum of hand selected experts on a topic sponsored by a company that wants to learn fast. Panels are organized in chapters called Themes that focus on one subtopic at a time. In some panels Themes are only 24 hours in duration, in others they are a week long, and in some they are two weeks long. When one Theme closes, a new one begins. You come in when you feel like it, but try to come in twice per Theme. You earn points from your peers and the facilitator when they react to your ideas. Likewise, others earn points when you interact on their posts. The more we discuss and debate, the better the insights, the more points earned by all.

  • add remove Why should I apply? Do I get paid?
    Professionals join Currnt because they want to remain relevant on subjects they’re passionate about and subjects that are shaping the future of their industry. They also:

    • Engage and connect with equal caliber peers in their industry
    • Learn and enhance their knowledge
    • Get recognized and rewarded for providing their inputs and thought-leadership
    • When specified above in the project description, you can earn honorarium payments and/or recognition points redeemable for cash. Learn more here.
  • add remove Are there specific times I need to participate?
    There are no set times for calls or meetings. Participation is 100% online on the Currnt platform and engagement between the all expert panelists is asynchronous in written form. Just come in twice per Theme, at your convenience.

  • add remove How do KnowledgeStreams and DesignSprints work?
    Streams are ongoing online engagements for exploration or working iteratively with a panel, and Sprints are on-demand engagement to get to actionable insights quickly. Both are facilitated and are always-on for participants to engage at-convenience. The conversations are segmented into Themes which are subtopics which are like chapters in a book. In a 4 Day Sprint, Themes are 24 hours, whereas a Theme in a Stream is every two week. Throughout the discussion, the facilitator highlights and categorizes the “key takeaways” to be voted and distilled into a summary report. It’s also common that other pieces of content (whitepapers, blogs, podcasts) are also prepared from the distilled insights.

  • add remove I’ve applied. Now what?
    Your application will be internally reviewed in the following 24-48hrs and screened for any conflict of interest, and general fit. Next your application will be shortlisted for the sponsor to accept, bookmark or reject. You will receive a notification each step of the way, but expect this may take a couple of days, or even weeks if the panel is new. Nevertheless, in addition to the notifications, you can always go back to the Apply page to view the status of your application.

  • add remove I’ve been selected. What am I expected to do when selected?
    Once you receive your Welcome Email, please RSVP by clicking the link in the notification. You can also gain access to the panel through your ‘My Currnt’ at the top of the page. Finally, once you have RSVP’d by logging into the panel, there is often a Welcome Tab where you can introduce yourself to the other panelists. If it’s a new panel, the first Theme will launch in a few days, if it’s an ongoing panel just jump right in by reacting to the question or to what the other panelists had to say.

  • add remove If I have other questions or issues, what should I do?
    Please contact support to answer any other questions or troubleshoot any issues via email or chat.

Pain Points of Audit Board Committee Members