KPMG Staff and Accountancy Faculty Discuss Changes to the Audit Landscape

Group photo of accountancy faculty and KPMG Cincinnati staff

In August, Professors Jon Pyzoha, Brian Ballou and Dan Heitger visited KPMG Cincinnati to advance their understanding of audit technologies and ESG audit methodologies in the quickly evolving audit landscape. They spent a day with a number of KPMG professionals in audit technology and ESG methodology, including Brian Foster (audit technology business office lead partner), Carl Gerber (audit chief data officer), Paige Wolfenden ’10 (ESG professional practice director), and Katelin Gruver ’10 (audit managing director).

In September, the three faculty members also had an in-depth virtual discussion with Steve Hajdukovic (U.S. audit learning leader), Allison Nucerino ’94 (audit learning & development director), and Lisa O’Donnell (instructional design director) to discuss how the firm is using automation to better determine risks of material misstatement to identify audit risks to test, and how the Firm is approaching the learning and development of new hires and more senior auditors.

These efforts were supported by the 2023 Summer Curriculum Grants from the Farmer School of Business to incorporate new developments in auditing and audit technologies and develop scaffolding in the financial statement audit (ACC 453/553) and graduate assurance (ACC 653) courses.