In 2007, Mr. Conway submitted a recommendation to the United States Treasury Department’s Advisory Committee on the Auditing Profession (“ACAP”) that was publicly credited with driving ACAP’s recommendation for the PCAOB to evaluate the benefits of transparent disclosure of audit firm operational metrics. The focus of Mr. Conway’s ACAP recommendation became a strategic priority at the PCAOB, leading to the issuance of its Concept Release on Audit Quality Indicators in June 2015. Today, many of the largest audit firms are publishing transparency reports disclosing many of the same metrics Mr. Conway originally proposed. Audit committees are also using metrics at the engagement level to inform their conclusions about auditor performance and retention.
In 2015, Mr. Conway became the Professional Practice Director at CNM LLP, a regional technical advisory firm specializing exclusively in technical accounting consultations and outsourcing services for Sarbanes-Oxley 404.
Since retiring from CNM in 2019, Mr. Conway has devoted much of his time to expert witness projects, collaboration with academic researchers, university guest lecturing, and writing The Truth About Public Accounting.
Mr. Conway has frequently responded to requests for public comment on auditing and governance matters from the PCAOB, the SEC, and the International Organization of Securities Commissions. See the “Published Papers” tab for a complete list of Mr. Conway’s published comments and articles.
Mr. Conway graduated with distinction from Stanford University with a degree in Industrial Engineering. Mr. Conway also earned his Master of Business Administration from the Amos Tuck School of Business, graduating with distinction as a Tuck Scholar.
Mr. Conway took up long distance running as a hobby in 2010 at age 55. During the ensuing five years, he succeeded at running a marathon on every continent, including Antarctica.
Robert A. Conway, CPA
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