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"The Future of Accounting and Auditing" Forum was successful

May 08, 2017

On March 22 and 23, 2017, a two-day forum with a focus on recent global trends in accounting and auditing was hosted by JICPA and the Nikkei Inc..


During the first day of the event, Ms. Rachel Grimes, President of International Federation of Accountants (IFAC) gave a keynote speech on the social significance of the accounting profession, followed by a special remarks on challenges and opportunities for accounting and auditing by Mr. Fayezul Choudhury, CEO of IFAC. Heated discussion over a next-generation audit utilizing IT followed after the speeches, with panelists from CPAs, corporate financial officers and data analysis experts.


The second day of the event, entitled “Time for a Change of CPA Audit – Embarking on a New Era of Quality Competition,” was hosted by JICPA to discuss on how we work together to achieve enhanced audit quality. A number of talks were provided, including on the topics on the sharing of the roles between various stakeholders and auditors in the financial reporting supply chains, enhancing the transparency of CPA audits through Audit Firm Governance Code, and strengthening the quality control review system.

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