The Public Company Accounting Oversight Board on Thursday revealed the names of the 12 people who will serve on its new Inspections Modernization Council.
A resource group composed of outside parties with a stake in the PCAOB’s inspection activities, the IMC will provide perspectives to inform the PCAOB’s efforts to modernize its inspection program and thereby improve audit quality.
Potential changes that the IMC will consider include generating more meaningful outputs for consumers of inspection reports, leveraging technological innovations such as automation and artificial intelligence, and focusing inspections on firms’ systems of quality control.
“I was pleased with the tremendous number of high-quality applicants we received for the Inspections Modernization Council. Over 100 people from across the financial reporting ecosystem applied to be part of the IMC, and choosing among them was not an easy task,” PCAOB Chairman Demetrios Logothetis said in a statement on July 9. “We thank all those who applied, and we look forward to hearing more from the experts who have been chosen to serve on the IMC.”
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Inspections Modernization Council members include:
| NAME | ORGANIZATION/COMPANY |
| David J. Cohen, CPA, CFE | Forvis Mazars LLP |
| Kyle D. Crockett | Ford Motor Company |
| Ashley “Ash” Dalnoot, CPA | Grant Thornton Advisors LLC |
| Alicia R. Damley, CFA, CPA, CA | Aarya Capital |
| Stacy Hammett, CPA, CA | Canadian Public Accountability Board |
| Angelo Poulikakos | Protiviti |
| Manuel J. Ramirez, CPA, MST, FABFA | RJI International |
| Jen Sisson | International Corporate Governance Network |
| Dan G. Sunderland | Northeastern University |
| Huong Tran | Instacart |
| Brendan Whalen, CPA | S.R. Snodgrass P.C. |
| Lucia M. Wind, CFE | Committee of Sponsoring Organizations |
For more information on the IMC, visit the its page on the PCAOB website.
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