KPMG Archives - CFO

The Big Four Continue to Dominate Auditing: Weekly Stat

The Big Four Continue to Dominate Auditing: Weekly Stat

The audit market is most concentrated among the population of large accelerated filers, 88% of which tap a Big Four firm for assurance.

By Vincent Ryan | June 29, 2022

ESG: The Financial Reporting Implications

ESG: The Financial Reporting Implications

Companies struggle to move from answering “why” they will embed ESG into strategy to “how” to make that happen and “what” they will report.

By Scott Flynn | November 17, 2021

Leverage Technology for Smoother Tax Compliance

Leverage Technology for Smoother Tax Compliance

Tax compliance in the aftermath of the Tax Cut & Jobs Act will not be simple or straightforward.

By Vincent Ryan | October 6, 2020

Big Four Heading for Audit Shakeup in U.K.

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.

By Matthew Heller | July 7, 2020

Former KPMG Auditors Charged With Exam Cheating

Risk & Compliance

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.

By Matthew Heller | May 19, 2020

What’s Next Now That AI Has Gone Mainstream?

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.

By Vincent Ryan | April 8, 2020

Can Companies Come to Grips With AI Hype?

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.

By David McCann | January 17, 2020

Audit Woes in U.K. Hit KPMG’s 2019 Profit

Financial Performance

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."

By Matthew Heller | December 13, 2019

8 Trends Are Putting AI Into Clearer View

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.

By David McCann | September 10, 2019

KPMG Withdraws Two Audits for CannTrust

Corporate Finance

KPMG Withdraws Two Audits for CannTrust

The Canadian cannabis company is embroiled in a scandal over an unlicensed grow facility.

By Lauren Muskett | August 9, 2019

KPMG Fined $6.1 Million by U.K. Regulator

Risk & Compliance

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.

By Lauren Muskett | August 2, 2019

Companies Scramble to Ease Impact of China Tariffs

Companies Scramble to Ease Impact of China Tariffs

Those surveyed by KPMG have employed various strategies to reduce the added cost.

By David McCann | June 19, 2019

Audit Firms’ Problems Are Also Cultural

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.

By Vincent Ryan | June 18, 2019

KPMG to Restructure Audit Business in U.K.

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.

By Matthew Heller | May 17, 2019

Hard Evidence the CFO Role Is Getting Tougher?

Hard Evidence the CFO Role Is Getting Tougher?

Analysis suggests aspiring CFOs should make lateral moves outside of finance to get the broad experience companies are seeking today.

By David McCann | April 1, 2019