Advancing the profession

Audit Chief Strategy and Transformation Officer John Farrell participated in an Accounting Today panel to discuss the impact of the pandemic on the profession and the future of audit.

A collection of commentary from KPMG U.S. Audit leaders

A KPMG report, Thriving in an AI World, found that 93% of industrial manufacturing respondents have moderate or fully functional AI implemented into their processes.

At KPMG, we are laser-focused on executing a modern data-driven, end-to-end audit that continually brings more precision to risk assessment and consistency to our response.

KPMG's John Farrell on the transformation of KPMG's Audit practice, driven by technology and expectations from stakeholders, and scaling innovation to drive audit quality.

The annual report by LCDA and KPMG measures Latino representation on boards by industry, and by the states in which companies are headquartered. It also researched the gender, age, board and committee service of Latino directors.

Environmental, social and governance (ESG) issues – particularly climate risk, the focus on stakeholders and the spotlight on leadership – were key themes in our most recent director pulse survey.

KPMG's Becky Sproul details how the firm is focused on empowering its people to own their careers and develop skills that will be the hallmark of next-gen auditors.

KPMG's Bill Tomazin details how KPMG's Center for Audit Solutions helps the firm reimagine how it continues to deliver quality audits.

KPMG Audit leaders Scott Flynn and Christian Peo highlight the key numbers from the 2020 Audit Quality Report.

During a September 24 Board Leadership Center (BLC) webcast, panelists discussed the pivotal question facing corporate America: What’s different this time?

The Board Leadership Center's new reports highlight topics for directors to keep high on their agendas as they help their companies navigate the uncertainty ahead.

Nearly all of the world's largest 250 companies now report on sustainability – and I’m proud to say North America now has the highest sustainability reporting rate

ESG is a framework to build long-term financial sustainability and deliver long-term value through effective engagement with all stakeholders, explains Maura Hodge, KPMG National ESG Assurance Leader.

Scott Flynn became leader of the KPMG Board Leadership Center effective April 1, completing the planned leadership transitions for the firm’s board-facing initiatives.

Susan Angele says nominating and governance committees are under intense pressure to help boards lead with excellence by optimizing their composition, structure, operations and policies.

KPMG's Vice Chair of Audit shares what makes him proud to be part of the audit profession and proud to be part of KPMG.

Jackie Daylor says the program positions the participants and the firm to drive audit quality from the front lines of technological change.

Many companies still have significant work to do, says Scott Muir, and for some the time needed to meet the new requirements will exceed their expectations.

Lynne Doughtie says her addition as an independent director is an important step in the firm’s evolution and good for the profession as a whole.

"Training programs must incorporate technology," says KPMG's Susan St. Amant, "and be customized to an individual's needs.”

Internal controls over financial reporting and cyber security risks are growing concerns.

Thousands of newly minted U.S. accounting graduates will become auditors this year. We welcome them to a profession full of promise.

Financial reporting executives must embrace technological disruption if they want to remain competitive