Host: Beth Kaplan, managing director, Deloitte & Touche LLP
Sean Torr, managing director, Deloitte & Touche LLP
Matt Burley, partner, Deloitte & Touche LLP
Pam Duzik, partner, Deloitte & Touche LLP
As the business landscape continues to evolve, the risk of accounting and reporting misstatements continues to rise, often due to the inability to respond to internal and external circumstances. What drives the rising risk, and how should companies mitigate the changing risk profile? We’ll discuss:
- Areas of risk receiving more attention from the SEC
- Root causes that may trigger misstatements and the need for remediation
- How controllers may strengthen internal processes and procedures to better link marketplace and business drivers to their impact on accounting and disclosures
Meet the host
Beth F. Kaplan
Beth is the managing director for the Center for ControllershipTM. A Deloitte Risk & Financial Advisory managing director at Deloitte & Touche LLP, she has more than 35 years of experience both as an auditor, CFO/Controller, and as a financial operations consultant. Beth specializes in helping the Controllership function improve overall finance processes, reduce cost of delivery and/or reduce risk. She has served some of the largest global and national organizations as they transform their controllership function due to mergers, accounting changes and/or system transformation. Beth has published several times in the areas of improvement of the financial close and reporting process, role of controllership and designing an effective control design for Sarbanes-Oxley.
Meet the speakers
Sean is a Risk & Financial Advisory managing director and the Accounting & Reporting Market Offering leader in Deloitte & Touche LLP. He is a CPA and has 20 years of experience assisting large complex clients with their financial reporting requirements and has led numerous cross-functional financial transformation projects including assessment and implementation projects around lease convergence, revenue recognition convergence, and US GAAP/IFRS. Sean leads the Lease Accounting Services group and speaks frequently on the implications of accounting convergence and other financial reporting topics.
Matt is an Audit & Assurance partner for Deloitte & Touche LLP with vast experience in public accounting. Matt specializes in serving clients in the energy and resources industry, including exploration and production, refining and marketing, midstream, and master limited partnerships. He also has significant experience in advising his clients with initial public offerings, secondary equity offerings, and debt offerings. Matt worked for three years within Deloitte’s National Office as part of Securities and Exchange Commission (SEC) Services where he supported engagement teams and clients on various SEC-related matters. This support included quality assurance reviews of SEC filings, consultations on complex SEC reporting questions, and providing information on communications with the SEC. His responsibilities also included answering questions related to observations letters and various private placement offerings. While in SEC Services, he served as the department lead for exploration & production and midstream companies. Prior to his experience in SEC Services and since his return to the Denver practice, Matt has served as an audit partner on private and publicly traded energy companies in the Denver market.
Pam Duzik is an Audit & Assurance Partner with vast experiences planning and performing public and private company financial statement and internal control audits with a specific focus on SEC registrants in numerous industries including significant experience serving global retail, industrial products, and software companies. Pam is a national and local leader of Accounting and Reporting Advisory Services, which delivers a full range of accounting advisory services in areas such as complex accounting, SEC reporting, and internal controls.