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Professor Edmondson is the Novartis Professor of Leadership and Management at Harvard Business School, a chair established to support study of human interactions that lead to the creation of successful enterprises and the betterment of society. She studies leadership, psychological safety, and organizational learning.

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Gary Cohn

Gary Cohn

As Assistant to the President for Economic Policy and Director of the National Economic Council (2017-2018), Gary Cohn managed the US economic policy agenda, stimulating economic expansion, job creation, and wage increases through historic tax and regulatory reform. Prior to that he was the President and Chief Operating Officer at Goldman Sachs where he worked for more than 25 years.

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Klaas Knot

Klaas Knot is President of De Nederlandsche Bank and is the Chair of the Financial Stability Board. He is also a member of the Governing Council and the General Council of the European Central Bank, member of the European Systemic Risk Board, member of the International Monetary Fund's Board of Governors and a member of the Board of Directors of the Bank for International Settlements.

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Axel Weber

Axel Weber is the past-Chair of UBS and the past-President of the German Bundesbank and a member of the European Central Bank Governing Council from 2004 to 2011. He is a member of the Group of 30.

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The Future of Audit

The Future of Audit

by Starling Insights

Starling Insights Editorial Board

Apr 14, 2023

Observations

Governance, Audit & Regulatory Failures Audit Transformational Leadership AI People Analytics ESG Governance & Metrics

In a recent article in the CPA Journal, John Farrell, former Audit Chief Strategy and Transformation Officer at KPMG US, and Heather Paquette, Tech Assurance Leader at KPMG US, argued that the future of audit will be focused on digitalization and assessing non-financial risks.

Stakeholders are increasingly calling for fair reporting of information about climate, diversity, equity, inclusion, and community impact. As the audit profession evolves, auditors' primary objective remains to provide transparency to market participants, even as they demand more non-financial information.

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