Sep 5, 2016

Congresso dos ROC - Supervisory Auditing Debate

XIROC Congress

The Statutory Auditors are meeting in Congress for another wide-ranging discussion on the challenges facing the profession, its connection to the context of Auditing and the analysis of good practices in the sector. The debate on the present and future of the profession, which takes place on September 15 and 16 in Lisbon, will be attended by the President of the Republic, the Minister of Finance and the Minister of the Economy.

Lisbon, September 5th, 2016 - The Statutory Auditors (ROC) are meeting in Congress, in an event that will be attended by the President of the Republic, as well as the Minister of Finance, Mário Centeno and the Minister of the Economy, Manuel Caldeira Cabral. Under the theme “Auditing in Supervision”, the XII ROC Congress will take place on September 15 and 16 at the Fórum Lisboa in Lisbon.

For José Azevedo Rodrigues, President of the Portuguese Institute of Statutory Auditors (OROC), “his year's edition of the Statutory Auditor's Congress aims to reflect on the current state of Auditing and Supervision, at a time of global supervision and in the face of an active logic of democratic control by society over public and private institutions. As auditing is one of the areas of supervision, it is necessary to reflect on the various elements that influence it, drawing lessons and teaching how it is possible to carry out cross-control of different institutions in the national economy. As an organization that is open to best practices and which has always been guided by rigour, trust and evolution in the work of auditors, this initiative is essential to promote this debate between professionals in the sector, their leaders, managers and the context in which auditing has its place.”

The event will feature panels of speakers, with the participation of great personalities from a wide range of areas, who will address issues of economics, corporate governance, information technology, markets and information, the public sector, the public interest, behaviour, in short, the challenges of the auditor, in a discussion that encompasses the evolution and relevance of the activity of auditing, as well as issues of professional organization, inclusion in national and international supervisory institutions, technologies to support the practice of the profession and reflection on the work of the professional.

Among the many speakers at the two-day event were:

  • President of the Republic, Marcelo Rebelo de Sousa,
  • Finance Minister Mário Centeno,
  • Minister of Economy, Manuel Caldeira Cabral
  • Mayor of Lisbon, Fernando Medina
  • Chairman of the National Council of Financial Supervisors, Carlos Costa
  • Chairman of the Portuguese Securities Market Commission, Carlos Tavares
  • Chairman of the Insurance and Pension Funds Supervisory Authority, José Almaça

In line with one of the central messages of the OROC's discourse, the discussion to be held at the XII Congress aims to highlight the rigorous and transparent nature of the profession and the nature of the auditor as a privileged partner of organizations in guaranteeing best practices in the field of Supervision.