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It is hard to believe that my term as your president is coming to an end. It has truly been an honor to serve the Auditing Section over the last year. As I turn the presidency over to Mark Peecher, I want to express my appreciation to the many Individuals who served the section as officers and on committees. We owe the success of the section to the contributions of many.
Call for Officer Nominations
We have a rich tradition of outstanding leadership that has developed and nurtured a section that has become the model for the other sections of the American Accounting Association. It is time again to identify the individuals who will effectively lead the Auditing Section into the future.
This fall, our Section will elect two new officers—Vice President-Academic (President-Elect) and Secretary, who will begin service in August 2008. Please take a moment to nominate individuals who you believe will continue the tradition of outstanding leadership for the section. Nominations should be submitted to me by July 15, 2007. More details are provided on the section's website.
Be Sure to Vote!
On a related note, in the fall you will have an opportunity to vote for the new officers. If our democratic process is to work effectively, it is imperative that we get good participation. I urge you to vote for those who will best serve the Auditing Section.
Call for Award Nominations for Auditing Section Awards
Each year the section recognizes a few of its outstanding members. These individuals will be recognized at our Midyear Meeting in Austin, Texas. Please take a few minutes to consider which of our colleagues are deserving of the following awards:
- Notable Contributions to the Auditing Literature
- Distinguished Service
- Outstanding Auditing Educator
- Outstanding Auditing Dissertation
- Innovation in Audit and Assurance Education
The nomination deadline is July 15, 2007. For information on where to send your nomination, please review the details for each award, which are posted on the section's Web site.
Third Annual PCAOB Symposium
In April, the PCAOB hosted its third annual symposium, which included selected members of the Auditing Section, the AAA, the SEC, the GAO, and the FASB. This year the symposium had several objectives: (1) to discuss the implications of selected synthesis projects for the PCAOB and the staff in the various areas, (2) to begin a mutual discussion of the cost-effectiveness issues related to Sox, section 404, Auditing Standard No. 2 and the PCAOB, and (3) to consider the issue of the key competencies for future auditors and the ways that they may be developed. I want to express our thanks to Gary Holstrum, Tom Ray, and Phil Wedemeyer for their work in continuing the collaboration between the Auditing Section and the PCAOB.
Current Issues in Auditing
Our new on-line journal, Current Issues in Auditing, began accepting submissions on March 15th. We are grateful that Dana Hermanson and Scott Showalter agreed to serve as co-editors of the journal. The purpose of the journal is to advance the dialogue between academics and practitioners on current issues facing practice. As such, we believe the journal will provide a valuable contribution to the literature that is not currently being provided by other journals. We encourage you to submit your manuscripts that fit the profile described in the Call for Papers on the Auditing Section's website.
AAA Annual Meeting — August 5–8, 2007
I hope you are making plans to join us at the AAA's 2007 Annual Meeting to be held August 5th through the 8th in Chicago. Christine Earley, the Auditing Section's Annual Meeting Coordinator, is heading up our program at the AAA meeting, with the assistance of Chris Hogan. Over 120 research and education-related papers were submitted for the Section's sponsored concurrent sessions. We are indebted to many of you who served as reviewers of these papers.
Our annual Section luncheon will be held Monday, August 6th. This year's luncheon speaker will be Edward E. Nusbaum, Chief Executive Officer of Grant Thornton LLP. Ed is a leader in the profession and a prior member of the AICPA Auditing Standards Board. I am sure that he will have a stimulating message for our members.
2008 Auditing Section's Midyear Conference
Gary Peters and Roger Martin are coordinating the Midyear Auditing Section Conference to be held January 17–19, 2008 at the Austin Marriott at the capitol in Austin, Texas. The deadline for paper submissions and session proposals is September 1, 2007. For more information check the Section's website.
The section will also host its annual Auditing Doctoral Consortium on Thursday, January 17, 2008, prior to the start of the Midear Conference. Vicky Hoffman is serving as the Doctoral Consortium Chair. Please help publicize this event to your Ph.D. students. It is a great opportunity for them to get insights from leading auditing researchers and to network with other Ph.D. candidates and faculty.
Thanks to Outgoing Officers
I want to conclude by thanking our outgoing officers. It has been an honor and privilege to serve with Mark Beasley (Past-President) and Kathryn Kadous (Treasurer). They will rotate off the Executive Committee at the August AAA meetings. Both of these individuals have worked diligently on behalf of the Auditing Section. While we will miss them, we are excited to welcome two new members of the Executive Committee Audrey Gramling —(Vice President – Academic) and Mark Taylor (Treasurer).
Have a great summer. I look forward to seeing you in Chicago in August!
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