Global Accounting and Audit Forum

In Osaka, on April 15, 2024, the Japanese Institute of Certified Public Accountants (JICPA) in collaboration with the Global Accounting Alliance co-sponsored an exclusive by-invitation-only forum, Global Accounting and Audit Forum 「The Value of Audit & Assurance」-Facing Up to the Challenges-, organized by Nikkei.

Photographs of the Forum
Contents
Programs and Speakers

Photographs of the Forum

Opening Remark	Mr.Tetsuya Mogi, Chairman & President, JICPA
Keynote Speech	Mr. Takashi Nagaoka
Pannel discussion I "The value of audit and assurance in a changing world"	Mr. Makoto Sonoda（Moderator）、Ms. Kerrie Waring、Mr. Hiromi Yamaji、Mr. Larry Bradley 、Mr. Koichiro Kimura、Mr. Toichi Maeda
Pannel discussion II "The challenge of attracting young talent to audit and assurance"	Mr. Tomoyuki Furusawa（Moderator）、Ms. Ainslie van Onselen 、Ms. Masami Katakura、Mr. Yoshinori Kawamura、Ms. Jen Haskell
Closing Remark	Mr. Mitsuo Tsuruta, Deputy President, JICPA

Why did JICPA run this event?

ONE-MINUTE MESSAGE TO FUTURE YOUNG PROFESSIONS!

Under the theme of "The Value of Audit Assurance," prominent speakers and some audience members who attended the forum gave a strong message to the future generation. JICPA hopes the voices will reach young talents!

ONE-MINUTE MESSAGE TO FUTURE YOUNG PROFESSIONS!

What is Audit? Why in Audit? in Osaka

A university student visits Osaka for the first time! Tsutenkaku, Osaka Castle, takoyaki, and more...! Oh, but wait, the main event is to attend "NIKKEI Global Accounting and Audit Forum," a big accounting forum, to learn about audit. What is audit? How can auditing be an attractive career choice for young people?

Event Report

Please click on the PDF to read the event report

▼▼　Programs and Speakers　▼▼

Global Accounting and Audit Forum The Value of Audit and Assurance ～Facing Up to the Challenges～

Organized by	Nikkei
Sponsored by	JICPA (The Japanese Institute of Certified Public Accountants) GAA(Global Accounting Alliance)*
Supported by	Japan Financial Services Agency Japan Audit & Supervisory Board Members Association Japan Association of Corporate Directors Japan Exchange Group, Inc. (JPX)／Tokyo Stock Exchange, Inc. The Institute of Internal Auditors Japan AFA (ASEAN Federation of Accountants) CAPA (Confederation of Asian and Pacific Accountants)
Date & Time	April 15th (Mon), 2024 9:30 AM～
Venue	Hotel New Otani Osaka
Language	Japanese/ English (with simultaneous translation)
Participation Fee	Free
Capacity	150

* The Global Accounting Alliance (GAA) was formed in November 2005 and serves as a forum for 10 of the world's leading professional accountancy bodies whose members practice in major capital markets. Its purpose is to serve the public interest by leading the advancement of a high-quality accounting profession by sharing information and collaborating, among GAA Members, and advocating on international issues important to the profession.

Program

09:30-09:35Opening remark (Mr. Tetsuya Mogi, Chairman & President, JICPA)
09:35-09:50Keynote speech (Mr. Takashi Nagaoka, Secretary General of Certified Public Accountants and Auditing Oversight Board and Deputy Commissioner for International Affairs at the JFSA)
09:50-10:45Pannel discussion I "The value of audit and assurance in a changing world"
10:55-11:55 Pannel discussion II "The challenge of attracting young talent to audit and assurance"
11:55-12:00Closing remark (Mr. Mitsuo Tsuruta, Deputy President, JICPA)

Keynote speech

Mr. Takashi Nagaoka
Secretary General of Certified Public Accountants and Auditing Oversight Board and Deputy Commissioner for International Affairs at the JFSA Takashi Nagaoka serves as Chair of IFIAR (International Forum of Independent Audit Regulators) since April 2023, after serving as its Vice Chair for two years, and Chair of IFRS Foundation Monitoring Board since March 2023. He has also played important roles in the field of international securities market regulations, including Chair of International Organization of Securities Commissions (IOSCO) Asia Pacific Regional Committee.

Panel Discussion Details

❶ The value of audit and assurance in a changing world

For economies and capital markets to thrive, a strong accounting profession, underpinned by quality independent audit and assurance, is critical. How will audit adapt to the challenges of technology, talent, and marketplace expectations? In this session, we invite major stakeholders in the audit ecosystem, who will share their views on the value of audit and expectations on auditors. How can audit provide more value? What are the challenges for audit and assurance to be ready for the future?

Panelists

Mr. Makoto Sonoda
Director, Office of Japanese Delegation for IFIAR

Mr. Koichiro Kimura
Chairman and Senior Partner, PwC Japan Group

Ms. Kerrie Waring
CEO, International Corporate Governance Network (ICGN)

Mr. Toichi Maeda
Director, Chairman of the EBARA CORPORATION

Mr. Hiromi Yamaji
Group CEO, Japan Exchange Group, Inc.

Mr. Larry Bradley
KPMG Global Head of Audit

❷ The challenge of attracting young talent to audit and assurance

In this session, we will highlight one of the top challenges: Attracting accounting professions in audit and assurance. Insights from young professions on challenges and opportunities working in audit and assurance are shared through survey results. Based on the results, panelists will discuss what more can be done to attract qualified young talents. What are their true concerns? Do we have a perception gap? Are young auditors ready to meet the needs of the capital market?