Axel Thesberg, FCPA, FCA

Retired Partner, KPMG 


Axel Thesberg, FCPA, FCA is Chair of the Finance and Audit Committee at Kingston Health Sciences Centre and was Chair of the Audit Committee for the Toronto 2015 Pan American and Parapan American Games. Mr. Thesberg is also Senior Advisor to CPA Canada providing advice on various projects related to enhancing the value of audit and financial reporting. He was project coordinator for the Enhancing Audit Quality joint initiative between CPA Canada, the Canadian Public Accountability Board (CPAB) and the Institute of Corporate Directors (ICD) that developed guidance to assist audit committeees in evaluating external auditors. He also provided advice to CPA Canada in developing guidance to assist audit committees in reviewing Key Performance Indicators (KPIs) and recently released guidance on Audit Quality Indicators (AQIs). He has served on several professional committees in Canada and internationally, including the Accounting Standards Oversight Council.

Mr. Thesberg retired as a partner of KPMG Canada in 2010. Prior to retiring he was Canadian Managing Partner, Professional Standards and Risk Management and a member of KPMG Canada’s Management Committee. In this capacity, Mr. Thesberg was responsible for accounting and auditing professional standards and quality and risk management for KPMG Canada’s Auditing, Tax and Advisory practices. For several years he facilitated the audit committee module for the ICD's Director Education Program and KPMG Canada’s semi-annual Audit Committee Roundtables.