Cathy Allen, CPA formed Audit Conduct, LLC in 2005 to help CPA firms comply with an array of auditor independence and professional ethics rules. Uniquely experienced, she develops numerous AICPA courses on professional ethics, independence, and related topics, provides specialized training, and advises firms on critical independence matters and quality controls. She serves a litigation consultant and expert witness on matters involving professional ethics and auditor independence.
Cathy was a Managing Director in the Independence Office of a Big 4 accounting firm and formerly served as staff to the AICPA Professional Ethics Executive Committee (PEEC), where she was instrumental in developing standards and tools for the profession like the AICPA Plain English Guide to Independence and the Conceptual Framework for Independence. She authors several AICPA ethics courses. As a consultant, she helped lead the AICPA PEEC’s project to restructure the AICPA’s Code of Professional Conduct, which resulted in an online Code that was more user-friendly, understandable and accessible to members.
Cathy started her career as an accountant and auditor and taught accounting principles at Queens and Bernard M. Baruch Colleges of the City University of NY (CUNY). She holds a Bachelor of Arts degree in Accounting and Information Systems from Queens College (CUNY) and is a CPA in New York, New Jersey, and Maryland.
Cathy serves on the National Association of State Boards of Accountancy’s (NASBA) Board of Directors as Northeast Regional Director and has been a member of the NYS Board for Public Accountancy since 2011. She chairs the NASBA Standard-Setting Advisory Committee and also serves on NASBA's Ethics Committee. She currently contributes to the AICPA's Professional Ethics Executive Committee Task Forces on Information Technology and Cloud Services Task Force and is a sitting member of the Committee's Codification Task Force.
Office: (631) 849-2392
Mobile: (631) 413-5497
Current/Previous Clients (partial list)
Cherry, Bekaert & Holland, LLC (now Cherry Bekaert, LLC)
- KPMG, LLC
Lurie, Besikof, Lapidus & Co, LLP (now Lurie, LLP)
McGladrey & Pullen, LLP (now RSM US, LLP)
Rehmann Robson, LLC
Praise from Clients
"Knowledgeable, thorough, accurate."
—Howard Wilensky, CPA, CFE, CGMA; Partner, Lurie, LLP
"I had the pleasure of working with Cathy Allen in connection with her engagement as an expert witness. The case involved novel issues of ethical standards to be applied to accountants. We also were under strict time pressure. Cathy was resourceful and provided a prompt, thorough and thoughtful analysis of the issues. She was a real asset and I would not hesitate to use her services again."
—Peter Goodman; Smith, Gambrell & Russell, LLP
"Cathy has worked on various ethics-related projects for the AICPA Professional Ethics Division. Her technical skills are outstanding. She is diligent, meets all deadlines and produces high quality work products that are truly commendable. I would highly recommend Cathy for all aspects of audit and ethics related matters."
—Lisa A. Snyder, CPA (NJ); Director-Professional Ethics Division, AICPA
"We’ve worked with Cathy twice over the years. She is extremely competent and professional. Her knowledge of independence and ethics is first rate. I look forward to working with her in the future."
—Larry Shapiro; National Independence Director-BDO Seidman, LLP
"I have worked with Cathy Allen over the years – initially while she was a Senior Manager in the Ethics Division of the AICPA and I was a member of the AICPA Professional Ethics Executive Committee and, more recently, as an independent consultant after she started her own business, Audit Conduct. Cathy not only has deep knowledge of the ethical and independence standards governing the public accounting profession – she know how to explain them in plain English. She has been an excellent resource to our firm, helping us communicate our independence and ethical policies more clearly and effectively to our professional staff. In each case, she has delivered high quality products to our firm on time and on budget."
—Bruce Webb; Executive Partner, National Office of Audit and Accounting-McGladrey & Pullen, LLP
"I really appreciate having Cathy Allen as a resource and sounding board on independence matters. It’s great to have such an experienced independent consultant to call upon for fresh perspectives and sound advice when unique or challenging issues arise."
—Anita Ford, CPA, CFE; Chief Practice Officer-Clifton Gunderson
AICPA Raises the Ethical Bar (with Lisa Snyder --The CPA Journal, Mar 17)
Improving the Code of Professional Conduct (Journal of Accountancy, Jun 11)
Benefits of an Effective QC Systems in Accounting Firms (The CPA Journal, Jan 11)
Comparing the Ethics Codes: AICPA and IFAC (Journal of Accountancy, Oct 10)
AICPA Interpretation 101-3 Fundamentals (AccountingWeb, Aug 09)
A Global Standard for Professional Ethics (May 08)
Navigating the Crossroads of Control and Independence (Dec 07)
An Update for Audit Committees: New Rules on Auditor Provided Tax Service (Directors Monthly, May 07)
How Audit Committees Can Assess Auditor Independence (Directors Monthly, Dec 06)
Ethics Rules Get Tighter (Journal of Accountancy, Dec 06)
New AICPA Independence Rules Address Ethics Issues (Journal of Accountancy, Nov 01)