Welcome to our audit podcast series, where we explore the relevant issues, opportunities and new ways of working shaping the audit profession's future. 

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Season 2

Episode 1: Navigating sustainability reporting

With the first set of European Sustainability Reporting Standards (ESRS) finalised, companies in scope need to prepare now for ESRS reporting. For some companies, this will be as early as 2024, with reporting due in 2025.

Eva Sheehy, Director, ESG Reporting & Assurance and Shane O’Reilly, Managing Director, Sustainable Futures at KPMG, talk to Niall Savage, Head of Audit Markets, about how companies are preparing and the operational issues they will have to navigate for enhanced sustainability reporting. 

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Episode 2: Auditing domestic companies

Ireland's domestic private and family-owned businesses face many challenges, and the auditor can play a significant role in addressing these challenges, exploring opportunities and helping with their strategic direction.

From AI and audit quality to private equity and succession planning, Colin O'Brien, Non-Executive Director and Alan Bromell, Head of Private Enterprise at KPMG, talk to Clare Taylor, Audit Director, about how the auditor's role is evolving and what the future looks like for Irish private businesses. 

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Episode 3: How will AI and blockchain shape the future of audit?

Artificial intelligence (AI) will transform auditing by automating procedures and enhancing audit quality. At the same time, blockchain technology will radically change the future of audit.

Maria Flannery, Head of Digital Assets and Lucy Mac Auley, Director, Management Consulting at KPMG, talk to Niall Savage, Head of Audit Markets, about how AI and blockchain technology are changing the auditing landscape, how their capabilities interlink with one another and their impact on the future of audit.

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Season 1

Episode 1: Accounting in uncertain times

With rising interest rates and ongoing economic uncertainty, what accounting considerations may be impacted by the current economic environment? Úna Curtis, Principal in the Department of Professional Practice at KPMG, talks to Elaine Stafford about impairment testing, including the impact of inflation and discount rates, discount rates on provisions, how to deal with vacant leased assets and disclosures on climate matters.

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Episode 2: Challenges in today’s financial reporting environment

Businesses are continuously facing new, complex and challenging accounting and financial reporting issues that arise from various scenarios. David Drought, Lead Director in the Accounting Advisory group at KPMG, talks to Elaine Stafford about regulatory updates, GAAP conversions, group reorganisations, acquisition accounting, share-based payments and the importance of keeping up to date with accountancy standards.

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Episode 3: ESG reporting – are you ready?

The European Union Corporate Sustainability Reporting Directive (CSRD) will lead to a fundamental change in corporate reporting and represents the most significant transformation in corporate reporting in the last 25 years. Conor Holland, Principal, ESG Reporting & Assurance at KPMG, talks to Elaine Stafford about the CSRD and how this will impact Irish businesses. 

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Episode 4: Demystifying digital assets

Digital assets continue to remain in the news, but what’s next for blockchain and digital assets? Maria Flannery, Audit Partner who leads KPMG’s Blockchain and Digital Assets working group, talks to Elaine Stafford about the evolution of bitcoin, regulation, how these technologies work and how they will impact the accounting profession.

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Episode 5: Audit is changing - are you ready?

We are facing a new era in audit. In the final episode of the podcast series, Niall Savage, Partner, and Head of Audit Markets, talks to Elaine Stafford, where they recap on the series and talk about how audit and the profession have evolved, how technology is transforming the work and the critical role auditors will play in addressing climate change and much more. 

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Get in touch

If you have any queries on the topics raised in the Conversations with Auditors podcast, please get in touch with Elaine Stafford or Niall Savage of our Audit team.

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