Fact: It costs an accounting firm 5 times more to acquire a new client than to keep an existing one. That makes maximizing your firm’s value in the eyes of your clients essential to ensure they remain your client for years to come. Aside from delivering an opinion, the audit presents opportunities to provide observations, expert recommendations, and strategies that will help your clients achieve their financial and operational goals. Data analytics maximize the opportunities to uncover those valuable client insights that are often missed, putting auditors in a unique position to provide huge value as client advisors.
Join industry thought leaders, Michael Holmstrom of Sax LLP, and Stefan Davis of Wolters Kluwer, to find out how data analytics can supercharge the value you provide as part of your audits.
Any CPA firm partner, manager, or staff that performs audit engagements on public or non-public entities—and is interested in learning more about how to increase the value of their audit work—will benefit by attending this session.
Learning Objectives:
SAX LLP
Senior Audit Manager
mholmstrom@saxllp.com
(973) 472-6250 ext. 6137
Michael Holmstrom, senior audit manager at Sax LLP, is a New York CPA and has received his M.S in Accounting from SUNY Old Westbury. Michael has an extensive auditing background in real-estate, construction, manufacturing and distribution, healthcare, food and beverage and architecture and engineering. Additionally, he enjoys researching audit technology and gaining an understanding of how data analytics can help firms become more efficient. For example, with the use of Excel and other software, he has helped develop efficiencies and automation in the audit practice.
Wolters Kluwer Tax & Accounting
Senior Product Manager
stefan.davis@wolterskluwer.com
(847) 580-5000
Stefan is one of the co-founders and now Senior Product Owner for TeamMate Analytics. He began his career as an Auditor at KPMG. During nine years there, he also spent time in Internal Audit, Forensics, Transaction Services, and Management Consulting, working with a wide range of clients from small owner-managed businesses to FTSE 100 companies. Stefan has a huge passion for Data Analytics and increasing its use in auditing.