"Skepticism and the External Auditor" explores the professional skepticism exercised by the external auditor throughout the audit process. Moderated by Michele Hooper, a NACD and CAQ board member, the webinar features CAQ Executive Director Cindy Fornelli and Greg Weaver, chairman and CEO of Deloitte & Touche LLP. Panelists discuss the importance of professional skepticism to auditor independence and audit quality, how auditors exercise skepticism in their interactions with other members of the financial reporting supply chain, and the ways that firms train their auditors to be skeptical.

 

The webinar is part two of a five-part series that highlights the importance of skepticism - as applied by external auditors, audit committee members and other directors, financial executives, and internal auditors - in the overall effort to deter and detect financial reporting fraud. The first webinar, "The Etiquette and Ethics of Skepticism," was released October 1.

 

Future webinars in the series include "Skepticism and the Audit Committee" (October 29); "Skepticism and the Financial Executive" (November 5); and "Skepticism and the Internal Auditor" (November 12). The series will conclude with a whitepaper that will summarize webinar content and feature additional resources for skepticism.

 

The webinar series, including "Skepticism and the External Auditor," is available on the NACD website.