2018 Audit Committee Summit Program

08:00 AM - 12:00 PM

The Pacific Club, Newport Beach

Contact Us

For questions, please contact:

Lorrie Williams
lwilliams@squarmilner.com
949.329.8045

The fifth annual UCI Audit Committee Summit brings together relevant and knowledgeable government representatives and key business leaders to provide reliable, up-to-date information regarding important changes and decisions being considered by agencies such as the SEC, PCAOB and FASB.

We are very pleased to have PCAOB Board Member Duane DesParte and SEC Deputy Chief Accountant Mark Panucci as our featured 2018 keynote speakers. Mr. DesParte’s perspective as new board member gives him the ability to speak about the PCAOB latest initiatives impacting audit committees, CEOs, CFOs and public companies. Mr. Panucci’s extensive background with SEC registrants, corporate reporting and compliance gives him the ability to speak knowledgeably about current proposals of great importance to audit committees, CEOs, CFOs and legal counsel for public companies.

At this informative Summit, you will hear Mr. DesParte and Mr. Panucci and a panel of experts comment on a number of timely and important topics, including:

Current & Future SEC Initiatives and Priorities

Insights into New PCAOB Board Vision and Future Priorities

Navigating Digital Transformation in Finance and Audits/Assurance: What Audit Committees Must Do to Stay Ahead of the Curve

Following the fireside chat with our keynote speakers, there will be two interactive panels, each providing our attendees with an excellent opportunity to interact with keynote speakers and distinguished panelists.

Please register early – Limited seating available.

4 hours CPE credit offered to Summit attendees.

Speakers

Mark Panucci
Deputy Chief Accountant, SEC

Marc Panucci is a Deputy Chief Accountant in the Office of the Chief Accountant at the U.S. Securities and Exchange Commission (SEC). His responsibilities include leading the activities of the Office of the Chief Accountant’s Professional Practice Group (PPG). These activities include understanding investor and audit committee perspectives and consulting with registrants and auditors on the application of internal control over financial reporting obligations, independence requirements and auditing standards. He also assists the SEC in its oversight responsibility for the activities of the Public Company Accounting Oversight Board (PCAOB) and monitors the development of auditing standards, both in the U.S. and internationally.

Before joining the Commission, Marc was a Partner at PwC from 2010 to 2016. His responsibilities included providing consultation and support regarding implementation, application, and development of auditing policies and standards, including leading the firm’s efforts related to internal control over financial reporting consultations. Marc was also responsible for the development of the firm’s positions related to international and domestic audit standard-setting matters. Marc was also a board member of the AICPA’s Auditing Standard Board (ASB). The ASB is responsible for development of auditing standards and guidance related to non-issuers.

Marc also previously worked at the SEC from 2007 to 2010, including as a Senior Associate Chief Accountant in the Office of the Chief Accountant. During this time, he specialized in the SEC's guidance related to the evaluation of internal control over financial reporting, auditing matters relating to public companies, and the SEC's activities with respect to its oversight role over the PCAOB.

Marc received a Bachelor of Science degree in Accounting from Robert Morris College. He is a Certified Public Accountant in Pennsylvania and New Jersey.

Duane_DesParte

Duane DesParte
Board Member, PCAOB

Duane DesParte was appointed a Board Member of the Public Company Accounting Oversight Board by the Securities and Exchange Commission in December 2017, and sworn in on April 9, 2018. He joined the board after retiring from Exelon Corporation, where he served as corporate controller and in other financial roles for 15 years, following an 18 year career in the audit assurance business. Board Member DesParte, a certified public accountant, was Exelon's senior vice president and corporate controller for 10 years, with chief accounting officer responsibilities for the integrity of the company's accounting and external financial reporting and related policies, methods, systems, processes and controls. Earlier, he also led controller and finance functions at various Exelon business units.

Before joining Exelon, he was a partner at Deloitte for nine months, after a long career at Arthur Andersen. He worked at Andersen from 1985 - 2002, rising to partner in 1998.

Board Member DesParte graduated with highest honors from the University of Illinois at Urbana Champaign with a B.S. in accountancy. He previously served on the board and executive committee of the Civic Federation of Chicago; on the board, including as chair, for the Center on Halsted; and is currently on the governing board of the Chicago Symphony Orchestra.

Panelists

Stephen Cooke
Partner - Corporate Practice - Paul Hastings LLP

Henry DeNero
Audit Committee Chair, Western Digital Corporation

Duane DesParte
Board Member, Public Company Accounting Oversight Board

Lou Lavigne
Audit Committee, DocuSign, Zynga; Board Member and Audit Committee - Allergan

Ronald Merriman
Former Vice-Chair KPMG; Board Member and Audit Committee Chair, Aircastle Limited and other global companies

Sandeep Nayyar
CFO, Power Integrations Inc.; Board Member and Audit Committee Chair, Smart Global Holdings

Marc Panucci
Deputy Chief Accountant, Securities and Exchange Commission

Michael Quindazzi
Managing Director - PwC - Digital Services National Practice

Francis Quinlan
Audit Chair, Irvine Company; Chair of the Risk and Information Security Committee and Former Chair of the Encore Capital Audit Committee

Paul Schwartz
Special Advisor in the Privacy and Cybersecurity Practice, Paul Hastings LLP, and professor of law at UC Berkeley

Paricia Wellmeyer Patricia Wellmeyer
Clinical Assistant Professor of Accounting & Academic Director, Master of Professional Accountancy

Dean Yoost
Board Member, MFUG Union Bank and Pacific Life Insurance Company

Program

2018 Audit Committee Summit Agenda

7:30am – 8:00am	REGISTRATION & CONTINENTAL BREAKFAST
8:00am – 8:15am	WELCOME & INTRODUCTIONS Dr. Eric R. Spangenberg Dean & Professor, The Paul Merage School of Business at UC Irvine Dr. Patricia Wellmeyer Clinical Assistant Professor of Accounting & Academic Director, Master of Professional Accountancy
8:15am – 9:15am	GENERAL SESSION – KEYNOTE FIRESIDE CHAT Speakers: Duane Desparte Public Company Accounting Oversight Board, Board Member Marc Panucci Securities and Exchange Commission, Deputy Chief Accountant
9:20am – 10:25am	PANEL DISCUSSION 1 "Audit Committee Hot Topics" Topics Current & Future SEC Initiatives and Priorities Insights Into New PCAOB Board Vision and Future Priorities Moderator: Stephen Cooke, Esq. Partner- Corporate Practice- Paul Hastings LLP Panelists: Duane Desparte Board Member, Public Company Accounting Oversight Board Marc Panucci Deputy Chief Accountant, Securities and Exchange Commission Henry De Nero Audit Committee Chair, Western Digital Corporation Francis Quinlan Audit Chair, Irvine Company; Chair of the Risk and Information Security Committee and Former Chair of the Encore Capital Audit Committee Lou Lavigne Audit Committee, DocuSign, Zynga; Board Member and Audit Committee - Allergan
10:25am – 10:40am	BREAK
10:40am – 12:00pm	PANEL DISCUSSION 2 "Navigating Digital Transformation: What Audit Committees and the Board Must Do to Stay Ahead of the Curve" Topics How Digital Transformation is Impacting Companies The Audit Committee and Board Oversight Role over Digital Transformation Digital Transformation and the External Auditors Risk Management and Cybersecurity and Privacy Moderator: Michael Quindazzi Managing Director- PwC- Digital Services National Practice Panelists: Dean Yoost Board Member, MFUG Union Bank and Pacific Life Insurance Company Ronald Merriman Former Vice-Chair KPMG; Board Member and Audit Committee Chair, Aircastle Limited and other global companies Sandeep Nayyar CFO, Power Integrations Inc.; Board Member and Audit Committee Chair, Smart Global Holdings Paul Schwartz, Esq. Special Advisor in the Privacy and Cybersecurity Practice, Paul Hastings LLP, and professor of law at UC Berkeley

Location

The Pacific Club

4110 MacArthur Blvd.

Newport Beach, CA 92660
949.955.1123

Complimentary parking is included with your admission. Enter the parking lot from the driveway on Von Karman Avenue nearest MacArthur Boulevard and bring your parking ticket to the reception desk in the Pacific Club. You will be provided with a pre-paid parking ticket with which to leave the parking lot.

Past Events

Wesley Bricker, SEC Chief Accountant

Jeanette Franzel, PCAOB Board Member

Wesley Bricker is the Chief Accountant for the U.S. Securities and Exchange Commission. In the role, he serves as the principal advisor to the SEC on accounting and auditing matters. He consults with registrants, auditors and other industry representatives, and is responsible for the oversight of the Financial Accounting Standards Board (FASB) and the Public Company Accounting Oversight Board (PCAOB), among the other duties of the Chief Accountant.

He joined the SEC from PricewaterhouseCoopers LLP, where he was a partner responsible for clients in the banking, capital markets, financial technology, and investment management sectors.

Earlier, he served as a professional accounting fellow in the Office of the Chief Accountant and prior to that held various audit and professional practice positions at PwC, including in the firm’s national office during the global financial crisis advising on complex financial accounting matters.

Mr. Bricker is trained as an accountant and lawyer with degrees from Elizabethtown College and the American University Washington College of Law. He is licensed to practice as a certified public accountant in Virginia, Maryland, the District of Columbia, Pennsylvania, and New Jersey and as an attorney in New York.

Jeanette M. Franzel was appointed by the Securities and Exchange Commission as a member of the Public Company Accounting Oversight Board in February 2012.

Prior to joining the PCAOB, Board Member Franzel served for almost 23 years at the Government Accountability Office, spending a decade in the Senior Executive Service. She ended her tenure at the GAO as a Managing Director overseeing all aspects of the organization's financial audit oversight of the U.S. federal government. In this capacity, she supervised audits of large, complex agencies with annual budgets in the hundreds of billions of dollars, as well as small programs and agencies with limited resources.

From 2008 through 2011, Board Member Franzel's team performed oversight of the U.S. government's efforts to help stabilize the financial markets and promote economic recovery. From 2003 to 2012, she oversaw the periodic updating and issuing of GAO's Government Auditing Standards ("The Yellow Book"), which is used throughout the world.

She also provided extensive policy and technical support to the International Organization of Supreme Audit Institutions, which develops auditing standards for national government audit offices around the world.

In 2011, Board Member Franzel received the GAO's Distinguished Service Award and the AICPA's Outstanding CPA in Government Award. In 2010, she received the International Achievement Award from the Association of Government Accountants.

Earlier, Board Member Franzel worked for three years at a small CPA firm. Prior to her career in accounting and auditing, she taught elementary school and high school in South America.

Board Member Franzel has a B.A. in accounting and Spanish from the College of St. Teresa and an MBA from George Mason University. She also completed the Senior Executive Fellows program at Harvard University. She is a certified public accountant, a certified internal auditor, a certified management accountant, and a certified government financial manager.

Russell Golden, Chairman
Financial Accounting Standards Board (FASB)

Russell G. Golden began his term as the seventh chair of the Financial Accounting Standards Board (FASB) on July 1, 2013. He was initially appointed to the FASB in 2010, after serving for six years on the FASB staff. Mr. Golden’s term as chair extends to June 30, 2017, when he will be eligible for appointment to an additional term of three years.

Mr. Golden brings to his role deep experience in technical accounting issues. From 2008 to September 2010, he was Technical Director of the FASB, overseeing FASB staff work on accounting standards and technical application and implementation activities. He also chaired the FASB’s Emerging Issues Task Force (EITF).

Previously, Mr. Golden was Director of Technical Application and Implementation Activities for the FASB. Appointed to that position in July 2007, Mr. Golden managed FASB activities relating to the application and implementation of accounting standards and other Board pronouncements. From 2004 until 2007, he served as a Senior Technical Adviser to the Board.

Before joining the FASB staff, Mr. Golden was a partner at Deloitte & Touche LLP in the National Office Accounting Services department. In that role, he was responsible for providing timely and accurate accounting consultations to partners and clients throughout the United States and around the world.

Mr. Golden earned his Bachelor’s degree from Washington State University. He is a licensed CPA in the State of Connecticut.

James L. Schnurr, Chief Accountant
U.S. Securities & Exchange Commission

James L. Schnurr began his post with the U.S. Securities and Exchange Commission (“SEC”) in October 2014. He retired from Deloitte LLP, where he was vice chairman and senior professional practice director and specialized in financial and SEC reporting for public companies. The SEC’s Office of the Chief Accountant is responsible for establishing and enforcing accounting and auditing policy as well as improving the professional performance of public company auditors. The office works to enhance the transparency and relevancy of financial reporting and ensure that financial statements are presented fairly and have credibility.

Jay D. Hanson
PCAOB Board Member

Jay D. Hanson was appointed to be a Board Member of the Public Company Accounting Oversight Board by the Securities and Exchange Commission in January 2011, and reappointed for a second term, ending in October 2018. Prior to joining the Board, Mr. Hanson spent nearly 32 years at McGladrey & Pullen, LLP. At the time of his appointment to the PCAOB, Mr. Hanson was the National Director of Accounting, overseeing the firm's accounting guidance and training practices, as well as leader of the firm's Accounting Standards Group.

2018 Audit Committee Summit Program

Contact Us

Speakers

Mark Panucci
Deputy Chief Accountant, SEC

Duane DesParte
Board Member, PCAOB

Panelists

Program

2018 Audit Committee Summit Agenda

Location

The Pacific Club

Sponsors

Conference Partners

Founding Sponsors

Gold Sponsors

Silver Sponsors

Past Events

2018 Audit Committee Summit Program

Contact Us

Speakers

Mark PanucciDeputy Chief Accountant, SEC

Duane DesParteBoard Member, PCAOB

Panelists

Program

2018 Audit Committee Summit Agenda

Location

The Pacific Club

Sponsors

Conference Partners

Founding Sponsors

Gold Sponsors

Silver Sponsors

Past Events

2017 Keynote Speakers

2016 Keynote Speaker

2015 Keynote Speaker

2014 Keynote Speaker

Mark Panucci
Deputy Chief Accountant, SEC

Duane DesParte
Board Member, PCAOB