Danielle Supkis Cheek is the VP, Head of Analytics and AI at Caseware International. Danielle joins Caseware after being the VP of Strategy and Industry Relations at MindBridge.
Danielle earned her Bachelors from Rice University in Houston, TX, and her Master of Science in Accountancy from the University of Virginia in Charlottesville, VA.
She is a Certified Public Account (CPA) in the State of Texas, a Certified Fraud Examiner (CFE), and a Certified Valuation Analyst (CVA).
Danielle sits on the Technology Experts Group for the International Ethics Standards Board and is the US Representative to the IFAC Small and Medium Practitioners Advisory Group (SMPAG). She is also on the AI Task Forces for Assurance Services Executive Committee (ASEC) and for Professional Ethics Executive Committee (PEEC). She is an at-large member of AICPA Council. She is a past Chair of the PCPS Technical Issues Committee and a past member of the Auditing Standards Board.
Danielle is an 8-time 40 under 40 by the CPA Practice Advisor and was the Houston CPA’s Society’s Distinguished Member to the Profession for 2019. She was also the first woman to receive the AICPA’s Outstanding Young CPA of the Year Award in Honor of Maximo in 2016 and is a 6-time Most Powerful Women in Accounting by CPA Practice Advisor and AICPA.
She is also part-time faculty at Rice University’s Jones School of Business teaching data analytics to the Masters of Accountancy (MAcc) students.
Baubre Murray is a Director of DM Consulting Ltd, a small accounting firm based in Wellington, New Zealand, specialising in providing tax and accounting services to the SME sector. She is a Fellow of Chartered Accountants Australia and New Zealand (CA ANZ).
Baubre has been involved as a volunteer with CA ANZ and the NZ Institute of Chartered Accountants for more than 15 years in roles ranging from Chair of the Women Accountants Group in Wellington, to member of the Public Practice Advisory Group and the NZICA and CA ANZ Councils.
She is a Chartered Member of the NZ Institute of Directors and holds several governance roles including Chair of the Human Resources Institute of NZ, and trustee of Sport Wellington and the LIfeBlood Trust.
Baubre is committed to improving financial literacy and has recently published her experiences on how to improve financial sustainability in her book "Stop Worrying About Money".
All stakeholders are invited to register and participate.
The IESBA invites you to join a 45-minute webinar on Monday, April 20, 2020 at 4pm EDT to hear about its initiative on exploring the ethics implications arising from the transformative effects of technological trends and developments on the accounting, assurance, and finance functions.
The proposed revisions broaden the definition of a public interest entity (PIE) to include more categories of entities, given the level of public interest in their financial condition, for the purposes of additional independence requirements to enhance confidence in their audits.
“The PIE concept is central to the International Independence Standards as it determines whether the auditor of an entity should comply with additional independence requirements,” said IESBA Chairman Dr. Stavros Thomadakis. “As economies around the world evolve, capturing the appropriate types of entities as PIEs and doing so in a globally operable way is a matter of public interest. I am grateful for the good input provided by the IAASB, under our established arrangements for close coordination.”
Among other matters, the proposed revisions:
Introduce an overarching objective for additional requirements to enhance confidence in the audit of financial statements of PIEs.
Provide guidance on factors to consider when determining the level of public interest in an entity.
Broaden the definition of PIE to additional categories of entities.
Replace the term “listed entity” with the term “publicly traded entity” and redefine that PIE category.
Introduce new requirements for firms to determine if additional entities should be treated as PIEs for independence purposes and to publicly disclose if an audit client was treated as a PIE.
Recognize and encourage local regulators to refine PIE categories in regard to national conditions.
In the holistic approach adopted, the specifications for the PIE categories are set at a high level given the wide diversity in national PIE definitions which necessarily reflect local circumstances. Integral to this approach is the role the IESBA expects regulators, national standard setters or other relevant local bodies to play in refining these high-level categories so that the right entities in the local context are captured. To assist in understanding this prospective role, the IESBA will undertake outreach and education activities over the coming months, including guidance material in February and webinars in March.
How to Comment
The IESBA invites all stakeholders to comment on the Exposure Draft by visiting the IESBA website. Comments are requested by May 3, 2021.
As part of this public consultation, the IAASB invites stakeholders to comment on aspects of the Exposure Draft for its consideration of the possible development of its International Standards.
About the IESBA
The International Ethics Standards Board for Accountants (IESBA) is an independent global standard-setting board. The IESBA serves the public interest by setting ethics standards, including auditor independence requirements, which seek to raise the bar for ethical conduct and practice for all professional accountants through a robust, globally operable International Code of Ethics for Professional Accountants (including International Independence Standards).
The IESBA believes a single set of high-quality ethics standards enhances the quality and consistency of services provided by professional accountants, thus contributing to public trust and confidence in the accountancy profession. The IESBA sets its standards in the public interest with advice from the IESBA Consultative Advisory Group (CAG) and under the oversight of the Public Interest Oversight Board (PIOB).
Collaborates with the International Auditing and Assurance Standards Board (IAASB) to Seek Convergence on Related Terms and Concepts
