2021 Annual Meeting of the American Accounting Association (AAA)
The 25th Annual Ethics Research Symposium
The Future of the Accounting Profession: Regaining the Public Trust
Frdiay, July 30, 2021
Bill Miller, Professor, University of Wisconsin at Eau Claire
Topics and Panelists
Corporate Governance: The Forgotten G Factor in ESG
Steven Mezzio, Executive Director Lubin Center for Sustainable Business, and Professor, Accounting, Pace University
Corporate Governance is the G in ESG, a core component of environmental, social and governance practices that should serve the public interest. Steve will address the G factor and its relationship to ethical decisionmaking in the context of organizational management, accountability and public trust implications that go beyond shareholder value to encompass a broader notion of key stakeholder value.
The Auditor as Whistleblower
Francine McKenna, Independent Journalist, Adjunct Professor of Management at the American University
Whistleblowers have been in the news, and everyone knows about how the Sarbanes-Oxley Act and the Dodd Frank-Act's protections for regular whistleblowers promote the public intertest and financial reporting integrity. But what are the special requirements and constraints for whistleblowers who are CPAs and internal or external audit firms. Francine will provide the highlights from the Botta v. PricewaterhouseCoopers LLLP trial this past spring and other cases to raise awareness of the ethical and legal obligations of these whistleblowers and their firms or employers.
Auditing at a Crossroads
Steven Mintz, Professor Emeritus, California Polytechnic State University, San Luis Obispo
The auditing profession is under attack for its failure to conduct independent audits and lapses in exercising professional skepticism that raise doubts about whether auditors are protecting the public interest. Audit failures at companies like Wirecard raise a red flag that auditors lack the professional skepticism to conduct an audit in accordance with generally accepted auditing standards. Steve will discuss one suggestion to tighten up audits, which is to operationally split audit and nonaudit services to deal with the inherent conflicts of interest when providing both services to clients.
Socially Responsible Accounting - Protecting the Public Interest
Rick Kravitz, Editor in Chief, CPA Journal, Adjunct Faculty, Texas A&M School of Law
Absent an effective gatekeeping profession, no amount of regulation or legislation can protect the public. Rick argues that accountants, as gatekeepers, have an inviolate, unique and historical obligation to protect the public; especially today when multinational corporations are larger and may have more impact on global society than sovereign nations.
2021 RENEWABLE ENERGY CONFERENCE
Tuesday, June 29, 2021 - 12:00 p.m. to Wednesday, June 30, 2021 - 1:00 p.m.
The Lubin Center for Sustainable Business will virtually co-host the 2021 Renewable Energy Conference: A Leadership Forum on Energy Policy with The Business Council of New York State, Inc. and The Hudson Renewable Energy Institute. The aspirational goals established by the Climate Leadership and Community Protection Act have set New York on a path to green energy, which may pose significant challenges for businesses and consumers. This conference will bring together business leaders, environmental experts, and leading voices in the fields of energy, transportation, technology, academia, and government to discuss ways to effectively put New York and its businesses on the right path. Register here to attend https://lubin.pace.edu//content/2021-renewable-energy-conference-june-29-30.