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The New Role of The AccountantPieter de Kok RA, October 10, 2013
I WILL NOT TALK ABOUT
TECHNOLOGY
I WILL NOT TALK ABOUT
EDUCATION
BUT JUST SOMEBACKGROUNDINFORMATION
Just to be sure, tonight we are talking about auditing, the audit profession, financial statements etc...
…THE CHANGING ROLE OF THE AUDITOR….
“To change you need to understand the past…”- Dr Phil
..THE CONFIDANT..
NO CHANGE OR ROLE!
OF OUR BEAUTIFUL SOCIETY
2008
2011
vtielab
End of 2010:The Auditing Establishment is shivering…
October 2010
@dekokpieter “changing the audit mindset , how to do th ings d i f ferent ly, what , how, why?” - October 14 , 2010
CHANGING THE AUDITING LANDSCAPE: meet TUACC.com
WWW.TUACC.NL
Connec t ing LEFT and RIGHT par t
WHAT IS OUR ROLE, DO WE NEED TO CHANGE?20 TweetUps, 3 Large Events, > 100 blogs, Innovationlab etc
TOP 7JUNE 2012
FALL 2012
LET’SFOCUS ON WHAT
WE CAN DO BETTER
MINDSET CHANGEWHAT IS THE DNA OF
OUR PROFESSION?
MINDSETINDEPENDENCE
&BEHAVIOUR
(creating a better world)
LIFE LONGEDUCATION PROGRAM
COMMUNICATION(AUDIIT REPORTS, SHAREHOLDER’s
MEETINGS, BUSINESS ALERTS)
SUSTAINABLEBUSINESSMODEL3.0
Najaar 2012
LET’S FOCUSON WHAT WE CAN
DO BETTER!SHARING KNOWHOW
CO-CREATION
INNOVATION
My observation:It’s early 2013… changes (including the mindset) are moving slowly, the battery is running low…
We do have a beautiful profession! Let’s make small steps... We can’t change the audit profession or role with a big bang..
COMMUNICATION, BEHAVIOUR, MINDSET, TRAINING, TOP GUN QUALITY, EDUCATION
WAYS TO INNOVATE:
PRODUCT INNOVATION
SOCIAL INNOVATION
QUALITY INNOVATION
BUSINESS MODEL INNOVATION
TECHNOLOGY INNOVATION
TO MOVE FROM HAVETO CHANGE TO
WANT TO CHANGE!From negative motivation to posi t ive mot ivat ion
WHAT WE NEED TO DO:
Alright, it’s difficult...
“ ” I ta lways seems
impossible until i t ' s
done.“Nelson
Mandela
WE NEED TO START LISTENING AND WORKING TOGETHER!C R E AT I N G N E W B U S I N E S S M O D E L S T O G E T H E R .
We need to want to l ea rn and improve our sk i l l se t .
Not like this!
Understanding how the world is looking at us; start listening, connecting and sharing!
Here we go! Think about Hans Verkruijssen. OUT OF THE BOX!
IT’S ALL ABOUT OUR VALUE PROPOSITON
The essence of the added value that connects auditors and customers. The existence of auditing firms.
September 2013
Trying to stop time and opposing change is useless. Now is the time to embrace changea nd s t a y ahea d o f t ime !
BUT LIKE THIS
NOT LIKE THIS
MAYBE LIKE THIS…
Will we let the curtain fall by nationalization of the
profession, or do we remain the confidant of society?
THANK YOU FOR YOUR ATTENTION!
DISCUSSION
Considering the current ‘Quality level’ of AUDITING in general; shouldn’t we be focusing on improving audit quality (through technology), rather than considering a shift to an advisory role?
Should we establish TOP GUN audit engagements teams based on the best and smartest auditors per segment / sector working for individual audit firms? Should we ‘spread’ the independence issue and guarantee best class audit performance?
To change our role, should we innovate the business model first by implementing a maximum partner income of X and a % of gross margin that needs to be spent on training, talent programs and innovation?