Mendoza School of Business

Andrew Imdieke

Assistant Professor
  379 Mendoza College of Business
  • Biography
  • Background
  • Publications
  • Awards
  • Media

Andy Imdieke is an Assistant Professor of Accountancy at the University of Notre Dame. He earned a Ph.D. in accounting as well as an MBA from Michigan State University. He is also a graduate of Hope College (B.A.) and earned a CPA designation in the state of Michigan (inactive). Prior to entering academia, he worked for 3 years at Borders Group, Inc. (Borders Books & Music) in Ann Arbor, MI serving as Director of Internal Audit and as Supply Chain Controller. He also practiced public accounting at Plante & Moran, PLLC. Professor Imdieke’s research focuses on internal controls over financial reporting as well as factors that impact audit quality. His research has been published in leading accounting journals including The Journal of Accounting & Economics, Contemporary Accounting Research, Accounting Organizations & Society, and Auditing: A Journal of Practice and Theory. He currently serves on the Editorial Board for The Accounting Review, Contemporary Accounting Research, and Auditing: A Journal of Practice and Theory.

Ph D, Michigan State University
MBA, Michigan State University
BA, Hope College

Areas of Expertise
Internal Control over Financial Reporting

Editorial Boards
Editorial Board Member
Auditing: A Journal of Practice & Theory
June 1, 2023

Editorial Board Member
The Accounting Review
June 1, 2023

Editorial Board Member
Contemporary Accounting Research
January 1, 2023 - December 31, 2025

"Does the Presence of an Internal Control Audit affect Firm Operational Efficiency?", (With Chan Li, Shan Zhou), Contemporary Accounting Research, 2022

"The Distraction Effect of Non-Audit Services on Audit Quality", (With Erik Beardsley, Thomas Omer), Journal of Accounting and Economics, 71, 2021

"Audit Quality and the Revival of Large Consulting Practices at the Big 4", (With Dain Donelson, Matthew Ege, Eldar Maksymov), Accounting, Organizations, and Society, 2020, 2020

"On the Relationship Between Insider Trading and Going Concern Opinions", (With Nicholas Hallman, Kyonghee Kim, Raynolde Pereira), Auditing: A Journal of Practice and Theory, 39, 2020

"EY Faculty Fellow", EY, 2022

"James Dincolo Outstanding Undergraduate Professor-Department of Accountancy", University of Notre Dame, 2020

Forbes, Has The Revival Of Consulting Practices At The Big 4 Impacted Their Audit Quality?, November 16, 2020

Gartner, How CAOs Can Scale ICFR for SOX Readiness, November 1, 2021

Journal of Accountancy, How the coronavirus may affect financial reporting and auditing, March 17, 2020

Wall Sreet Journal-CFO Journal, The Morning Ledger: Nonaudit Services Boost Audit Quality, Research Shows.

Providing nonaudit services to clients can help improve audit quality, according to new academic research which sheds light on the potential impact of audit firms splitting their audit and advisory businesses.
Audit quality appears to be highest when nonaudit fees comprise 14% to 18% of the total fees an audit firm receives from a publicly traded client, according to a study from accounting professors at the University of Notre Dame and the University of Nebraska-Lincoln. “Typically, above 20% the quality does start decreasing statistically after that,” said Andy Imdieke, assistant accounting professor at University of Notre Dame and one of the three researchers.
In the U.S., audit firms can provide services such as tax compliance and drafting comfort letters, in which they vouch for the quality of financial reporting, to clients. Auditors can’t perform services for clients that could impair their objectivity, such as actuarial or appraisal services.
EY is considering a global split of its audit and advisory businesses, CFO Journal reported last month. The legacy audit firm would as part of the change retain certain nonaudit work, including some tax and valuation services, according to people familiar with the matter.
It can be detrimental to audit quality if firms provide a significant amount of nonaudit services and divert resources away from the audit, Mr. Imdieke said. But zero or too little of the services can also be harmful because auditors would have less opportunity to gain knowledge about tax and other nonaudit issues, he said. Audit or advisory teams can provide certain nonaudit services to audit clients.
The researchers said they gauged audit-quality levels by studying the number of restatements of clients for 900 U.S. audit offices, based on data spanning from 2003 to 2017. The researchers said they submitted the study to an academic journal for publication., June 14, 2022