MODERATOR
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PANELIST
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Lisa Slotznick is a managing director with PricewaterhouseCoopers LLP (PwC) in Atlanta. She is a member of the American Academy of Actuaries and a Fellow of the Casualty Actuarial Society. She is a member of the American Academy of Actuaries Committee on Property Liability Financial Reporting.
Ms. Slotznick is PwC's lead resource on statements of actuarial opinion and actuarial professional standards. In this role, she is a subject matter expert on many financial reporting matters.
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Patricia Teufel, Past Member of the Board of Directors and Executive Council,
KPMG LLP
Ms. Teufel is a principal with KPMG Actuarial Services. She is a Fellow of the Casualty Actuarial Society and a Member of the American Academy of Actuaries. Ms. Teufel holds a B.A. in mathematics from Trinity College and is a regular speaker at professional actuarial meetings and other training sessions.
Ms. Teufel’s principal services include: independent evaluation of loss and loss adjustment expense liabilities (including asbestos, environmental and other mass tort liabilities); issuance of statements of actuarial opinion; merger and acquisition assistance; litigation support services, including expert witness testimony; conversions to US GAAP and IFRS (International Accounting Standards); purchase accounting advisory services; and business process improvement advisory services.
Ms. Teufel just finished her term on the Casualty Actuarial Society Executive Council as Vice President – Marketing & Communications. She is a Member of the Board of Trustees of The Actuarial Foundation and previously served on the Boards of Directors of both the Casualty Actuarial Society and the American Academy of Actuaries. She has also served as Vice President-Financial Reporting for the American Academy of Actuaries and as Chairperson of the Committee on Property Liability Financial Reporting (COPLFR).
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Steven Visner, Principal, Deloitte Consulting LLP
James Votta, Principal, Ernst & Young LLP
Description
Interactions among company, consulting, and auditing actuaries continue to grow alongside the rising profile of independent statutory and GAAP audits. The four largest accounting firms conduct over 70% of U.S. independent audits. In this session, actuaries from these firms will share their perspective on the work products they review and some of the more common professionalism issues they tackle. Given the advances being made in determining reserve ranges, how are these ranges incorporated both in the audit approach and in company's financial statement disclosures? Where does the concept of the risk of material adverse deviation (RMAD) fit into financial reporting? What mistakes, conflicts, and issues commonly emerge in year-end audits? What leading practices do companies need to know? This session's town hall format will give you the opportunity to ask representatives from the top auditing firms to address the questions and issues that you find most relevant.
No items are available for this session.