The Auditors Report

Summary of the
XVIIth Deloitte/University of Kansas
Symposium on Auditing Problems

The XVIIth Deloitte/University of Kansas Symposium on Auditing Problems took place on April 30 and May 1, 2004 in Lawrence, Kansas. There were two panel sessions, one luncheon speaker, and five paper / discussant sessions. The Symposium began with opening remarks from Howard Cohen of Deloitte and Jim Heintz of the University of Kansas. A list of the panels and papers is presented below.

Impact of Sarbanes on External Audit Practice
Moderator: Jim Heintz, University of Kansas
Panelists: Jeff Getz, Deloitte; Tom Knudsen, Ernst & Young; Harold Zeidman, KPMG

Impact of Sarbanes on Audit Committees and Internal Audit
Moderator: Jim Heintz, University of Kansas
Panelists: Hubertus Buderath, VP-Corporate Audit, DaimlerChrysler; Mike Morrissey, Audit Committee Chair, Westar Energy and Ferrellgas Corp.; Scott Reed, KPMG Audit Committee Institute

The COSO ERM Framework
Speaker: Glenn Brady of PricewaterhouseCoopers

Revolutions Require Many Hands; Legal Help for PCAOB’s Auditing Revolution
Moderator: Tim Shaftel, University of Kansas
Presenter: Larry Cunningham, Boston College
Discussant: Sherrie McAvoy, Deloitte

The Relationship of Audit Failures and Auditor Tenure
Moderator: Raj Srivastava, University of Kansas
Presenter: Robert Knechel, University of Florida
Discussant: Dana Hollie, University of Houston

Monitoring the Auditors: Evidence on the Self-regulated Peer Review Program
Moderator: Lisa Ottinger, University of Kansas
Presenter: Clive Lennox, Hong Kong University of Science and Technology
Discussant: Jere Francis, University of Missouri

Does the Market Value Financial Expertise on Audit Committees of Boards of Directors?
Moderator: Mike Ettredge, University of Kansas
Presenter: Mark DeFond, University of Southern California
Discussant: Joseph Carcello, University of Tennessee

Exploring the Effects of the Sarbanes-Oxley Act on Internal Auditors
Moderator: Paul Mason, University of Kansas
Presenter: Glen Gray, California State University-Northridge
Discussant: Sri Ramamoorti, Ernst & Young

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