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In the public interest: Expansion of the audit mandate

Accounting Events Vaughan Radcliffe Mitchell Stein Ivey Idea Forum


June 21, 2017, 7:30AM - 9:30AM

Ivey's Tangerine Leadership Centre, King & York St., Toronto

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In the public interest: Expansion of the audit mandate

How have audit mandates expanded both inside and outside organizations and what has driven this expansion?

Known for uncovering failings and improvements in government spending, an auditor general is someone the public has come to trust. That’s why the role of this public watchdog has increasingly expanded. Over the past decade, the mandate of the Auditor General of Ontario has expanded to include scrutiny of government advertising for partisan elements that give an unfair advantage. Are these trends in the expansion of the audit mandate elsewhere within industry, corporations, and public practice? What are the implications of this expanded audit mandate and the systems in place? How can academic, government, and industry representatives work together to drive thought leadership in the accounting and auditing profession?

For this Ivey Idea Forum, Professor Vaughan Radcliffe from the CPA–Ivey Centre for Accounting and the Public Interest will lead an interactive discussion with Bonnie Lysyk, Auditor General of Ontario, on changes in audit mandates in government and more broadly on the implications for the environment of audit organizations. Lysyk will discuss recent changes to her mandate and the tensions and opportunities at hand.


Fee: $20

Event Details

June 21, 2017

7:30-8 a.m. – Registration and breakfast
8-9 a.m. – Presentation from Bonnie Lysyk, Auditor General of Ontario, and fireside chat moderated by Professor Vaughan Radcliffe
9-9:30 a.m. – Q&A and networking
Location: Ivey's Tangerine Leadership Centre, King & York St., Toronto
Tickets: $20

Topics You Will Explore

  • How has the audit mandate expanded and what are the implications?
  • What do these changes mean more broadly for internal and external audits?
  • How can industry and academia work together to create thought leadership within the profession?

About the Speaker

Bonnie Lysyk

Bonnie Lysyk became the 13th Auditor General of Ontario on September 3, 2013, after having previously served as Provincial Auditor of Saskatchewan, and Deputy Auditor General and Chief Operating Officer of Manitoba.

Lysyk has held senior positions in both the private and public sectors during a 25-year career spent in three provinces. She has extensive audit, finance, risk management and governance experience.

She served as the Deputy Auditor General and Chief Operating Officer for the Office of the Auditor General of Manitoba and, most recently, as Provincial Auditor of Saskatchewan. She also held a variety of senior roles at Manitoba Hydro and served as Chief Audit Executive of the Manitoba Liquor Control Commission.

A native of Winnipeg, Lysyk graduated from the University of Manitoba with a Bachelor of Administrative Studies (Honours) degree and subsequently obtained her designation as a Chartered Accountant while working with Coopers & Lybrand (now PricewaterhouseCoopers). She also has a Masters in Business Administration and is a Certified Internal Auditor.

Lysyk is currently a member of the Canadian Council of Legislative Auditors and sits on the Board of the CCAF-FCVI Inc. She has also taught auditing courses in Toronto and overseas.

About the Moderator

Vaughan Radcliffe
Vaughan Radcliffe is Professor of Managerial Accounting and Control at the Ivey Business School. He is a Past President and former Research Committee Chair of the Canadian Academic Accounting Association (CAAA), the publisher of the Financial Times-ranked journal Contemporary Accounting Research. He is Editor of the Journal of Governmental and Nonprofit Accounting, a journal of the American Accounting Association. He is a winner of Ivey's school-wide MBAA teaching award for excellence in MBA teaching; and also a winner of the school’s Research Merit award.

His work has appeared in Accounting, Organizations and Society; Contemporary Accounting Research; the Journal of Business Ethics; Accounting, Auditing and Accountability Journal and others. He has served as an editor of Contemporary Accounting Research and is a member of six editorial boards, including Accounting, Auditing and Accountability Journal.