The International Organization of Securities Commissions announced the final program for its Roundtable on the Quality of Public Company Audits, to be held in Paris, on June 1.

The roundtable program will consist of three panels, followed by a concluding analysis and commentary. The panel topics are: Audit Quality: Evaluating External Audits in Today’s Environment; Effects of Auditor Liability on Behaviour and Quality; and, Audit Firm Concentration – Potential Effects on Audit Quality.

Following these panels, representatives from investor groups, public companies, audit firms and regulators will comment on the proceedings and offer possible actions those regulators and others might take to improve the quality of audits of public companies.

The panel on audit quality will be moderated by Roel Campos, commissioner at the US Securities and Exchange Commission, and the panelists include Lynn Turner, former chief accountant at the SEC, and Ed Waitzer, former chair of the Ontario Securities Commission.

Jeffrey Lucy, chairman of the Australian Securities and Investments Commission will moderate the panel on the Effects of Auditor Liability on Behavior and Quality. And, the panel on Audit Firm Concentration will be moderated by Michel Prada, president of the Autorité des Marchés Financiers. The concluding analysis will be moderated by Roel Campos, an SEC commissioner.

Prada, who is also chairman of the IOSCO Technical Committee and host of the roundtable, said, “This roundtable will bring together a prestigious roster of experts and supervisors to address important issues of audit quality from the perspective of securities regulators. It will be a valuable information-gathering tool for IOSCO regulators who foster the highest quality audits for investors and the good functioning of financial markets.”

Vice Chairman of the IOSCO Technical Committee and chairman of the roundtable, Roel Campos, said, “IOSCO securities regulators and others with an interest in audit quality, and ultimately investors, will be the beneficiaries of the valuable expertise and experience that will be shared in the event.”