Big Four Heading for Audit Shakeup in U.K.
The U.K.'s accounting watchdog has asked the firms to submit a plan by Oct. 23 for separating their audit and consulting businesses.
Former KPMG Auditors Charged With Exam Cheating
The three auditors agreed to suspensions for violating auditor integrity rules by improperly sharing answers to internal training tests.
What’s Next Now That AI Has Gone Mainstream?
Even before COVID-19 thrust AI into the spotlight, the technology was gaining widespread adoption in the most surprising places.
Can Companies Come to Grips With AI Hype?
As artificial intelligence options pile up, it gets harder to tell what's real from what's fake. But there may be reason to hope for greater clarity: KPMG.
Audit Woes in U.K. Hit KPMG’s 2019 Profit
The 14% decline in U.K. profits "follows a series of reputational setbacks for KPMG over the past two years."
8 Trends Are Putting AI Into Clearer View
Companies are gaining confidence that their use of artificial intelligence is starting to pay off: KPMG study.
KPMG Withdraws Two Audits for CannTrust
The Canadian cannabis company is embroiled in a scandal over an unlicensed grow facility.
KPMG Fined $6.1 Million by U.K. Regulator
The fine is the latest in a series of penalties levied on KPMG for poor performance.
Companies Scramble to Ease Impact of China Tariffs
Those surveyed by KPMG have employed various strategies to reduce the added cost.
Audit Firms’ Problems Are Also Cultural
The SEC's case against KPMG demonstrates that sloppy audits and conflicts of interest aren't the only challenges the Big Four face.
KPMG to Restructure Audit Business in U.K.
The Big Four firm says it wants to "restore trust in audit" but a U.K. regulator indicates the changes don't go far enough.