4 November: Ask ICAS: Joining the evolution of the audit
Event summary
Inflo was founded by former Big Four auditors with the objective of making more progressive audit technologies and methodologies available to audit firms of all sizes. Now, Henderson Loggie, one of Inflo’s valued customers, are on a transformative journey to fully adopt this new evolutionary approach to audit.
In this session, Mark Edmondson, Inflo’s Chief Executive Officer, interviewed Gavin Black, Partner and Head of Audit at Henderson Loggie. They discussed the foundations that had to be put in place to start the process, the firm’s plans going forward and how bringing new digital technologies into their audit process will deliver insight, cultivate collaboration and benefit clients and staff.
(Duration: 1 hour. Originally recorded 4 November 2021)
Key themes and topics
- New ways of collaborating with clients
- Using data analytics to enhance client insight
- Moving towards a fully digital audit
- The benefits for clients and staff
Who are the speakers?
- Mark Edmondson, Chief Executive Officer & President, Inflo
Mark is former Big Four Auditor and Founder of Inflo, he works with 85% of the UK’s largest, non-Big Four firms, driving the Digital Audit agenda to improve the quality and relevance of the audit product. Mark is a member of the Advisory Panel to the International Auditing and Assurance Standards Board’s Technology Working Group as well as the Reference Group supporting the development of the IAASB’s new standards for auditing less-complex entities. He aims to transform the audit and accounting profession by making innovative technologies and broader expertise available to all.
- Gavin Black, Partner and Head of Audit, Henderson Loggie
Gavin is Head of Audit at Henderson Loggie, leading a team of experienced auditors to deliver a first-class audit service to clients. He works with a wide range of International and UK groups and owner-managed businesses. Gavin has strong technical skills complemented by significant commercial experience from working with a diverse client base. His specialisms include manufacturing, distribution, and professional practices. Gavin is also a member of the ICAS Audit and Assurance Panel, which is responsible for addressing Institute-wide issues on audit and assurance and proactively influencing standard-setting bodies.
- Jeremy Clark CA, Assistant Director of Practice, ICAS
(Please note that views and opinions expressed by speakers at ICAS webinars are their own and not necessarily reflective of ICAS’ views.)
Who’s this for?
- CAs working in audit
- CA Students
Counts as CPD activity
Depending upon your individual role and training and development needs, watching this webinar can count towards your annual Continuing Professional Development (CPD) requirement.
