Why Current & Former Audit Professionals Should Serve on a Board | Women in the Boardroom

Recorded webinar

Why Current & Former Audit Professionals Should Serve on a Board

Auditing experience is needed in corporate boardrooms, but why should current or former audit professionals consider serving? Our webinar with expert Salvatore Collemi will address the following:

  • Why there is a need for former auditors to serve on corporate boards & audit committees
  • The true responsibilities of external auditors
  • Why those with auditing experience should serve
  • Best practices to strengthen the relationship between boards & audit committees with their external auditors

Speaker

Salvatore Collemi

Date & Time

May 18, 2017
12:00 PM ET

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About the Speaker

Salvatore Collemi

CPA & Managing Member for Collemi Consulting & Advisory Services, LLC

Collemi Consulting & Advisory Services, LLC’s mission is to promote and enhance audit quality to U.S. and international public accounting firms, litigation attorneys, valuation specialists, boards & audit committees of private and publicly- traded companies and related institutions & organizations that support the public accounting profession.

Salvatore Collemi launched his practice in 2016 in order to assist individuals, firms and organizations in navigating the complexities of the ever-changing landscape of financial reporting, attest functions and compliance. Collemi Consulting & Advisory Services provides high-level strategic and technical guidance when it matters the most – whether to retain key attest clients or comply with the requirements set by standard-setters and regulators. With a deep industry experience and a solid network of contacts, we provide a full range of accounting & auditing consultations, technical reviews of financial statements and workpapers, AICPA Peer Review and PCAOB Inspection preparation, internal inspection, CPE training, independence & ethics consultations and design of quality control systems services.

Salvatore is a recognized subject matter expert (SME) on U.S. and International financial reporting and auditing standards with two decades of global business experience servicing a broad base of commercial and financial services industries. He also advises on corporate governance and risk management issues facing U.S. public accounting firms. As a former Staff Accountant in the Division of Corporation Finance, Technical Manager in the National Peer Review Program and external auditor at leading institutions such as the U.S. Securities and Exchange Commission (SEC), the American Institute of Certified Public Accountants (AICPA), McGladrey & Pullen, BDO Seidman and Grant Thornton, he has demonstrated the impact of U.S. and International financial reporting, internal control systems and regulatory compliance acumen as they affect privately-held and publicly-traded companies.

As a recognized SME on IFRS, Salvatore was named by the AICPA as an official participant in the development and review of IFRS questions for the Uniform CPA Examination and the content for the IFRS Certificate of Accomplishment Program. He served as the IFRS expert at-large for the AICPA Board of Examiners Content Committee from 2011-2014.

Salvatore’s experience in diverse senior leadership roles will provide value on a wide range of strategic, financial, regulatory compliance and global business considerations for financial officer positions, board positions and as a member of committees such as audit, corporate governance and risk management.

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