What should business leaders expect from their auditors? LIVE in Oakville
Release Date: 07/18/2024
Accounting for the Future
Learning and development (L&D)—is it just a cost centre, or is it a performance lever, retention strategy, and competitive advantage for your organization? Join host Anne-Marie Henson on Accounting for the Future as of L&D with Dr. Keith Keating, Chief Learning and Development Officer at BDO Canada. If people are your greatest asset, this episode is your blueprint for turning learning into a strategic engine for growth. What you’ll hear in this episode: [01:38] Keith’s journey: What sparked a passion for learning [05:34] Reframing L&D: From cost centre to...
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What do interprovincial trade barriers mean for Canadian businesses and what’s changing? In this episode of Accounting for the Future, host Anne-Marie Henson sits down with Jonathan (Jono) Kalles, Vice President of McMillan Vantage and former advisor to the Prime Minister, to unpack the implications of Bill C-5 and how the interprovincial trade landscape is evolving in Canada. From the removal of federal exceptions under the Canadian Free Trade Agreement to the complexities of provincial cooperation, they explore the economic, regulatory, and strategic shifts underway. Hear practical...
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How can you communicate effectively with your board and turn them into one of your most valuable strategic assets? In this episode of Accounting for the Future, host Anne-Marie Henson is joined by Anthony Marinelli, Board Chair and Partner, Assurance-East Leader at BDO Canada, and Janet Boyle, Independent Board Member at BDO Canada and Senior Vice President at RBC. Together, they unpack how CEOs and senior leaders can foster trust, transparency, and strategic alignment with their boards. Tune in to hear practical advice on the role and value of independent board members, leveraging your...
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In this episode of Accounting for the Future, host Anne-Marie Henson is joined by , to unpack what's fueling the rise in companies going private. They discuss how current market conditions, including interest rates, geopolitical uncertainty, and undervalued assets, are influencing M&A activity in 2025. The conversation also covers why private equity is eyeing public markets, what makes a company an attractive target, and the ongoing valuation gap between buyers and sellers. What you’ll hear in this episode: [1:38] Market comparisons between 2022 and 2025, and what they mean for...
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In today’s evolving market, finance leaders are moving beyond traditional back-office functions to become strategic leaders and value creators. Anne-Marie sits down with Jesus Ballesteros and Charlotte Zhen of BDO’s value creation team, to explore how the modern CFO is transforming into a chief value creation officer—aligning finance, operations, and strategy while leading digital transformation to boost efficiency and long-term growth. What you’ll hear in this episode [4:07] The role of historical and current market fluctuations when analyzing and creating effective margin...
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Host Anne-Marie Henson sits down with Paul Dostaler, BDO’s Partner and National Manufacturing and Distribution Leader, to unpack how manufacturers can move beyond pilots and start scaling AI effectively. They explore the current pace of AI adoption in Canada, the roadblocks many businesses face, and what’s needed to realize long-term ROI. The episode features data from Momentum: BDO's Manufacturing and Distribution Leadership Report. . What you’ll hear in this episode: [1:33] AI overview: Rate of adoption and key trends. [5:08] Challenges in AI adoption. [9:30] Considerations...
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Host Anne-Marie Henson welcomes two of WXN’s Top 100 Most Powerful Women in Canada: Shilpa Mishra, Managing Director and National Leader of Capital Advisory at BDO, and Alyssa Barry, co-founder of irlabs and President at Alliance Advisors. They discuss navigating male-dominated industries, the power of authenticity and allyship, and how economic uncertainty impacts their roles. The conversation explores strategies for success, the future of women in leadership, and the importance of mentorship in driving gender equality. What you’ll hear in this episode: [1:54] Career paths of...
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In this episode of Accounting for the Future, host Anne-Marie Henson, Eastern Canada Markets Leader, sits down with Daniel Ma, Partner, Valuations & Modeling, to discuss the challenges of navigating political uncertainty following recent tariff announcements by the Trump administration. They explore the potential impact on Canadian businesses and share proactive strategies for managing risk through scenario planning and financial modeling—essential tools for anticipating unexpected economic or political shifts, from global pandemics to trade policy changes. What you’ll hear in...
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In part two of this two-part mini-series, host Anne-Marie Henson welcomes back Armand Capisciolto, Chair of Canada’s Accounting Standards Board, BDO alumnus, and former host of the Accounting for the Future podcast. In this episode, they delve into the significant changes that have occurred among different standards, the importance of optionality in standard setting, as well as the impacts of cryptocurrency and ESG on the current standards. . This episode also explores [1:52] Guidance and actionable steps for navigating various compliance standards applicable to...
info_outlineAccounting for the Future
Host Anne-Marie Henson is joined by Armand Capisciolto, chair of Canada's Accounting Standards Board, BDO alumni, and former host of the Accounting for the Future podcast. They discuss the importance of accounting standards, the process of setting them, and Canada's influence on international standards. The episode also highlights how standards improve financial information and the role of stakeholders in the process. For more on accounting standard setting, subscribe to Armand’s LinkedIn newsletter: This episode is part 1 of 2. What you’ll hear in this episode: [2:29] The...
info_outlineAuditors can provide value beyond the numbers through practical solutions and advice on governance and regulatory changes. In a special live episode, guest host Mary Mathews is joined by Anthony Marinelli, Assurance-East Leader and Chair of BDO Canada’s Board, in a discussion on how the role and expectations of auditors have evolved and how business leaders should select auditors. They also discuss the impact of ESG and how technology and AI are transforming audit practices.
What you’ll hear in this episode:
[1:56] How audit has evolved over the years.
[5:35] What business leaders should look for when selecting an auditor.
[9:17] Building a strong auditor-client relationship.
[13:35] What business leaders should expect from their auditors with respect to ESG.
[16:08] People and talent in auditing.
[18:18] Ensuring technical excellence.
[21:00] What does an auditor do to adapt to the challenges and opportunities in today’s business environment?
[23:01] The role of innovation and technology in transforming auditing practices.
[25:15] Providing value beyond numbers.
Mentioned:
Quotes:
“…what is the company buying? It's the experience. It's an audit experience, and it's not only from the day the audit starts to the day the audit ends. It's also the post-audit experience from the day the audit ends to the day the next audit starts.”
“..our stakeholders are becoming more sophisticated. I just think about a lot of the users of our financial statements, whether it's the bankers, whether it's private equity firms, whether it's second generation now that are involved in the business that expect more out of a financial statement, so absolutely the landscape has changed.”
“The pace of change now may be quicker than it ever was, but it's slower than it will be in the future."
"Happy people lead to happy clients. It starts with the happy people, and then it's infectious."
"AI tools are great and help us become more efficient, but they'll never replace the human auditor."
“I think it starts with the numbers though. I think we have to make sure the numbers are right, and if the numbers are wrong, it really doesn't matter what happens after.”