Welcome to our podcast series where we explore how reform can create ‘deserved confidence’ in corporate reporting, audit and stewardship. We will lift the lid on some of the challenges around corporate reporting, the effectiveness of audit and the business ecosystem.

By talking to regulators and tapping into the personal experiences of senior board members and subject matter experts, we will explore today's biggest challenges and the reforms needed to build 'deserved confidence'.

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Building confidence

Ep. 10 - How can corporates address climate risks and exposures? - Part 2

In part 2 of our episode on how corporates can address climate risks and exposures, we continue our discussion from part 1 with Simon Henry, a Non-Executive Director, and Simon Virley, our Vice Chair and Head of Energy and Natural Resources at KPMG in the UK. Our guests provide details on the climate reporting landscape and what good practice looks like in terms of reporting requirements. We also discuss the role investors can play to engage on this important topic and what questions Board members should be asking of management to address the climate risk agenda.

Date: 11 January 2022, Listen now (24m 21s)

Building confidence

Ep. 9 - How can corporates address climate risks and exposures? - Part 1

In part 1 of our podcast episode on how corporates can address climate risks and exposures, we are joined by Simon Henry, a Non-Executive Director, and Simon Virley, our Vice Chair and Head of Energy and Natural Resources at KPMG in the UK. In this episode, our guests examine the progress made during COP26 and provide insight on some of the notable successes and setbacks. With 90% of the world now signed up to net zero, we discuss the challenges facing all organisations and what key actions business leaders should be taking to address this. In part 2, we delve into a deeper discussion around the reporting landscape, industry examples of what good practice looks like, the role investors can play to engage on this important topic and what questions Board members should be asking of management.

Date: 5 January 2022, Listen now (25m 59s)

Building confidence

Ep. 8 - Corporate governance: Are UK practices as tight and transparent as they should be?

Our KPMG host Michelle Hinchliffe is joined by David Styles, Director of Corporate Governance and Stewardship at the Financial Reporting Council (FRC) and Peter Swabey, Policy and Research Director at the Chartered Governance Institute UK & Ireland (CGIUKI). David and Peter share their insights into the latest updates on corporate governance reporting, best practices, and share helpful tips and advice on areas where improvement is needed.

We also cover the introduction of ARGA, the next corporate governance challenges coming over the horizon and the questions Board members should be asking of management.

Date: 14 December 2021, Listen now (33m 55s)

Building confidence

Ep. 7 - Geraldine Lawlor and Jonathan Evans, KPMG - What should a Director be doing to reduce fraud risks?

On our most recent episode, we were joined by Geraldine Lawlor, Global Head of Financial Crime and Jonathan Evans, the Chair of our Public Interest Committee and former Director General of MI5 to talk about financial crime and cyber risk. With developments in technology, preventing and detecting financial crime is rapidly evolving to be one of the biggest challenges facing organisations. In the episode, we explore lessons learnt, best practices and what questions Non-Executive Directors should be asking of management.

Date: 18 November 2021, Listen now (32m 46s)

Building confidence

Ep. 6 - Dylan Whitfield, HSBC - A forensic analyst's view on audit and corporate governance reform

In this episode, KPMG host Michelle Hinchliffe is joined by Dylan Whitfield, Head of Forensic Accounting within Global Research at HSBC. Dylan shares his insights about what investors think of the BEIS consultation on Restoring trust in audit and corporate governance, ahead of the consultation response deadline of 8th July 2021.

Listen as Dylan covers many of the recommendations set out in the BEIS consultation, including strengthening internal controls, introducing an Audit and Assurance Policy and also the role of the regulator, and how the package of reforms can help build confidence in the UK market. Dylan’s overriding view is that the proposals will represent a significant change for the better for the UK’s auditing, reporting and governance regime, and highlights that the relationship between the auditor and the shareholder will be one of the keys to success in the future.

Date: 1 July 2021, Listen now (30m 12s)

Building confidence

Ep.5 - Clare Payn, LGIM - Investor Priorities and ESG

In this episode we talk to Clare Payn, Senior Global ESG and Diversity Manager at LGIM, to discuss investor priorities and the role that institutional investors play in driving enhancements in corporate reporting.

Date: 22 June 2021, Listen now (32m 7s)

Building confidence

Ep. 4 - Alun Bowen, Severstal - Audit and Assurance Policy

In this episode we talk to Alun Bowen, Audit Committee Chair at Severstal, to discuss the Audit and Assurance Policy which was initially recommended by Sir Donald Brydon and also features in the BEIS consultation on Restoring trust in audit and corporate governance.

Date: 8 June 2021, Listen now (30m 31s)

Building confidence

Ep. 3 - Charles Tilley, IIRC – Business Resilience

In this episode we talk to Charles Tilley, CEO of the International Integrated Reporting Council (IIRC), about the introduction of the new Resilience Statement – one of the proposals in the recent BEIS consultation on Restoring trust in audit and corporate governance. ­ ­

Date: 25 May 2021, Listen now (33m 25s)

Building confidence

Ep. 2 - Jock Lennox, ACCIF - Strengthening the UK’s internal controls framework

In this episode, KPMG host Michelle Hinchliffe is joined by Jock Lennox, Chair of the Audit Committee Chair Independent Forum (ACCIF), to discuss the Government’s proposals to strengthen internal controls at UK companies.

Date: 14 April 2021, Listen now (35m 43s).

Building confidence

Ep. 1 - Sir Jon Thompson, FRC - Will reform drive change in the corporate reporting ecosystem?

In our first episode, KPMG host Michelle Hinchliffe is joined by Sir Jon Thompson, Chief Executive of the FRC, to talk about the Business, Energy and Industrial Strategy (BEIS) consultation to restore trust in audit and corporate governance, which was launched on 18 March 2021. 

Date: 19 March 2021, Listen now (36m 34s).

Michelle is one of KPMG’s most experienced audit partners, specialising in the financial services sector. She joined KPMG in 1985 and has been a partner since 1997. Michelle has led some of KPMG UK’s largest banking audit engagements and has served as UK Chair of Audit since 2019, after two years as Head of Audit.  In this role Michelle represents the firm in industry discussions concerning reform of audit and corporate reporting within the UK.  Michelle is also a member of KPMG UK’s Board and was previously a member of the Australian firm’s Board.