Lünendonk Ranking: Larger audits increase fees: The auditing companies are growing mainly because of new consulting contracts. But the prices for audits are also ...
faz.net/aktuell/wirtschaft/unternehmen/groessere-wirtschaftspruefungen-erhoehen-die-honorare-19031699.html
India taking alternate road to ESG reporting, KPMG global audit head says: India is taking an alternate approach towards disclosures norms related to ...
reuters.com/sustainability/sustainable-finance-reporting/india-taking-tougher-road-esg-reporting-kpmg-global-audit-head-2023-07-14/
KPMG set to invest $2 billion in AI as part of Microsoft partnership: KPMG AI Investment: KPMG will incorporate AI into its core audit, tax and advisory services ...
business-standard.com/companies/news/kpmg-set-to-invest-2-billion-in-ai-as-part-of-microsoft-partnership-123071200219_1.html
KPMG to invest $2 billion in AI, cloud services: KPMG said on Tuesday it will spend $2 billion on artificial intelligence and cloud services through an expanded ...
reuters.com/technology/kpmg-plans-2-bln-investment-ai-cloud-services-wsj-2023-07-11/
PwC and KPMG fined over Eddie Stobart Logistics audit: Britain's accounting watchdog said on Thursday it had fined PwC and KPMG, two of the world's top four ...
reuters.com/business/finance/pwc-fined-25-million-over-eddie-stobart-logistics-audit-2023-06-29/
Quick Glance: PwC and KPMG fined for Eddie Stobart Logistics audit
- PwC admits failings in property transactions, audit procedures, and property lease accruals.
- KPMG fined for relationship breakdown with ESL's management and difficulties in obtaining audit evidence.
- PwC appointed for the 2018 audit.
- KPMG ordered to take actions to prevent a re-occurrence.
Gen Z is so lacking in soft skills after lockdown that Big 4 consultants are offering classes to help new hires fit in at work
fortune.com/2023/07/10/remote-work-gen-z-soft-skills-consulting-kpmg-specialized-training/
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Former KPMG partner urges royal commission into consulting industry following damning report into PwC scandal
theguardian.com/business/2023/jul/06/former-kpmg-partner-urges-royal-commission-into-consulting-industry-following-damning-report-into-pwc-scandal
Partners and staff at Australia’s big consultancy firms sacked for misconduct including sexual harassment
theguardian.com/australia-news/2023/jul/12/pwc-tax-scandal-kpmg-deloitte-ey-sacked-misconduct-sexual-harassment
Consulting firms admit they’re rife with toxic behaviour. So, why do we pay them billions?
theage.com.au/national/consulting-firms-admit-they-re-rife-with-toxic-behaviour-so-why-do-we-pay-them-billions-20230712-p5dntj.html
KPMG to axe 5% of US workforce as demand for services stagnates: Big Four firm launches its second round of job cuts this year affecting all areas ...
ft.com/content/16b839ce-8d00-4181-ad41-1be87c8dcc78
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PwC has disgraced itself down under: The firm’s employees helped multinationals dodge taxes in Australia
economist.com/business/2023/06/08/pwc-has-disgraced-itself-down-under
White-collar crime on the rise in Switzerland: Swiss courts ruled on 78 serious cases of economic crime in 2022, ten more than in 2021.
swissinfo.ch/eng/business/white-collar-crime-on-the-rise-in-switzerland/48657262
Rose Zhang falls short of miraculous Women’s PGA Championship victory: Rose Zhang may not have won her first major at the KPMG Women’s PGA Championship ...
sbnation.com/golf/2023/6/25/23773402/rose-zhang-falls-short-kpmg-womens-pga-championship
KPMG to cut 5% of US jobs in fresh round of layoffs: KPMG is laying off 5% of its U.S. employees after feeling the pinch of "economic headwinds ...
reuters.com/business/finance/kpmg-cut-5-us-jobs-fresh-round-layoffs-2023-06-26/
Live news: Putin breaks silence after end of uprising
ft.com/content/7b261685-e9e6-4b2f-9628-239fba04beec
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#VantageOnFirstpost : The mass #layoff wave is hitting a new sector – finance and advisory firms. Top companies like #GoldmanSachs and #KPMG are now laying off senior talent ... Show more #Bengaluru #PalkiSharma
Number of Canadians using generative AI at work and school is growing, posing potential risks: survey
ctvnews.ca/business/number-of-canadians-using-generative-ai-at-work-and-school-is-growing-posing-potential-risks-survey-1.6460684
PwC and KPMG drawn deeper into Brazilian retailer’s accounting scandal: Audit firms scrutinised over collapse of Americanas which has shocked corporate Brazil
ft.com/content/faac43f2-7b74-45de-b7c9-53add63a28e5
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PwC has disgraced itself down under: The firm’s employees helped multinationals dodge taxes in Australia
economist.com/business/2023/06/08/pwc-has-disgraced-itself-down-under
KPMG offers extra training to Gen Z recruits, pandemic graduates: Some Gen Z recruits who graduated during the pandemic are struggling to integrate at work as ...
businessinsider.com/kpmg-offers-extra-training-to-gen-z-recruits-pandemic-graduates-2023-7
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Appetite grows for mergers and acquisitions in Latin America: study: Latin America is increasingly seen as an attractive market for mergers and acquisitions ...
reuters.com/markets/deals/appetite-grows-mergers-acquisitions-latin-america-study-2023-06-13/
KPMG cuts 5% of U.S. workforce: KPMG is reducing headcount further after earlier layoffs this year, cutting approximately 5% of its U.S. employees.
accountingtoday.com/news/kpmg-cuts-5-of-u-s-workforce
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KPMG Women’s PGA becomes the latest major offering a record-breaking prize money payout
golfdigest.com/story/kpmg-womens-pga-championship-2023-10-million-record-breaking-prize-money-payout
The commercial logic for splitting up the big four is only getting stronger
Why EY and its rivals may eventually break up, after all: The commercial logic for splitting up the big four is only getting stronger
economist.com/business/2023/04/16/why-ey-and-its-rivals-may-eventually-break-up-after-all
KPMG, Microsoft teaming to bring more AI to workplace: KPMG advises businesses around the world. It's teaming with Microsoft to bring AI to more of them ...
businessinsider.com/kpmg-microsoft-teaming-to-bring-more-ai-workplace-2023-7
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PwC tax scandal disturbing and unacceptable, says KPMG boss: KPMG boss Andrew Yates publicly rebuked PwC while apologising for his own firm’s failings.
smh.com.au/business/the-economy/pwc-tax-scandal-disturbing-and-unacceptable-says-kpmg-boss-20230607-p5detj.html
The Work of Leadership: More and more companies today are facing adaptive challenges: Changes in societies, markets, and technologies around the globe constantly ...
hbr.org/2001/12/the-work-of-leadership
Lee-Anne Pace shoots 66 for the first-round lead in the KPMG Women’s PGA: Lee-Anne Pace shoots 66 to lead KPMG Women’s PGA
theglobeandmail.com/sports/golf/article-lee-anne-pace-shoots-66-for-the-first-round-lead-in-the-kpmg-womens/
PwC staff implicated in Australian tax leak told to step back from government work
ft.com/content/a77d647b-d242-423d-8f2f-745fcd56a0a0
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The Work of Leadership: More and more companies today are facing adaptive challenges: Changes in societies, markets, and technologies around the globe constantly ...
hbr.org/2001/12/the-work-of-leadership
Study: People Want to Buy EVs but Costs Are Still Too High: One of the things that EV antagonists often cite is a lack of buyer enthusiasm for electric ...
thetruthaboutcars.com/cars/news-blog/study-people-want-to-buy-evs-but-costs-are-still-too-high-44501032
6 Steps to Make Your Strategic Plan Really Strategic: Many strategic plans aren’t strategic, or even plans. To fix that, try a six step process: first ...
hbr.org/2018/08/6-steps-to-make-your-strategic-plan-really-strategic
KPMG and PwC faulted by US regulator over Chinese audits: Examinations are the first by accountancy watchdog under new agreement with Beijing
ft.com/content/7bdb6f2a-6180-4286-9f83-a214d37a1d2e
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China audits littered with deficiencies, US accounting watchdog finds: A U.S. accounting watchdog found unacceptable deficiencies in audits of U.S ...
reuters.com/markets/us-watchdog-says-it-found-unacceptable-problems-with-chinese-company-audits-2023-05-10/
Three failed US banks had one thing in common: KPMG: Big Four auditor’s work for SVB, Signature and First Republic comes under scrutiny in aftermath of their ...
ft.com/content/feb33914-493e-467c-b67e-28fcd1b3814d
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First Republic, KPMG are sued for concealing bank's risks: First Republic Bank (FRC.N) has been sued by shareholders who accused the beleaguered U.S ...
reuters.com/legal/first-republic-kpmg-are-sued-concealing-banks-risks-2023-04-25/
Quick Glance: First Republic Bank misappropriated $102 billion in customer deposits.
- First Republic borrowed $92 billion in the first quarter, largely from the Federal Reserve and government-backed lending groups, virtually replacing its deposits with loans.
- The decline began around six weeks ago, when federal regulators took over the midsize lenders Silicon Valley Bank and Signature Bank after consumers withdrew billions of dollars in deposits.
- Several larger banks considered buying First Republic in the days and weeks following Silicon Valley Bank's bankruptcy.
- However, a settlement was not reached, and JPMorgan Chase CEO Jamie Dimon and Treasury Secretary Janet L. Yellen collaborated to pump $30 billion in deposits into the bank.
KPMG and Google Cloud expand alliance to accelerate the adoption of generative AI among enterprises
venturebeat.com/ai/kpmg-and-google-cloud-expand-alliance-to-accelerate-the-adoption-of-generative-ai-among-enterprises/
Nigeria may spend 100% of 2023 revenue to service loans - KPMG: A multinational consulting firm, KPMG, has raised concerns over Nigeria's debt burden ...
punchng.com/nigeria-may-spend-100-of-2023-revenue-to-service-loans-kpmg/
Ex-Wirecard boss threatened KPMG auditors, court hears : In the ongoing Wirecard trial in Germany, the court heard on Thursday how former boss Markus Braun had ...
nordot.app/1019257459931987968
How to Help Your Team Find Their Higher Purpose: When employees are disengaged and underperforming, the reaction of many managers is to try new incentives and ...
hbr.org/2018/07/creating-a-purpose-driven-organization
Deloitte, KPMG, PwC, and EY accounting and consulting salaries: Despite layoffs and hiring freezes, Deloitte, PwC, KPMG, and EY pay their employees sizable ...
businessinsider.com/salary-of-consultants-accountants-big-4-deloitte-kpmg-ey-pwc-2020-7
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How to get a job at KPMG, according to 2 top recruiters: In the US, an associate at a Big Four consulting firm can earn $74,000 a year on average ...
businessinsider.com/how-to-get-job-kpmg-consultancy-big-four-recruitment-careers-2022-4
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Audit remains a cosy oligopoly. The “big four”—Deloitte, EY, KPMG and PwC—together audit nearly all large listed companies in Europe and America ... Show more
EY gets banned from new audit business in Germany: The penalty comes atop the beleaguered accountancy’s other problems
economist.com/business/2023/04/05/ey-gets-banned-from-new-audit-business-in-germany
Banks post near-record $1.7b in profits for three months but have likely peaked: KPMG banking advisor says strong returns may be the last for a while.
nzherald.co.nz/business/banks-post-near-record-17b-in-profits-for-three-months-but-have-likely-peaked/ZARVG6RCKRFAXCC6LUT5KT4OFY/
KPMG fined 875,000 pounds for failures in Luceco audit: KPMG has been fined 875,000 pounds ($1.09 million) for its audit of lighting manufacturer Luceco (LUCEL ...
reuters.com/markets/europe/kpmg-fined-875000-pounds-failures-luceco-audit-2023-04-13/
KPMG, Goldman Sachs Faulted in Investor Suit Over SVB Failure: KPMG LLP was sued as Silicon Valley Bank’s auditor, along with underwriters including Goldman ...
bloomberg.com/news/articles/2023-04-08/kpmg-goldman-sachs-faulted-in-investor-suit-over-svb-failure
First Republic Bank, Auditor KPMG Targeted in Investor Suit: First Republic Bank and its auditor KPMG were sued by shareholders over alleged misstatements ahead ...
bloomberg.com/news/articles/2023-04-24/first-republic-bank-auditor-kpmg-targeted-in-investor-lawsuit
KPMG faces $1.4-billion lawsuit for alleged role in Bridging Finance’s collapse: Receiver PricewaterhouseCoopers alleges that ‘throughout KPMG’s tenure ...
theglobeandmail.com/business/article-lawsuit-bridging-finance-kpmg/
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Fear of the certificate: The trembling of the auditors: Because of the Wirecard case, the testing giant EY is threatened with strict professional sanctions ...
faz.net/aktuell/wirtschaft/unternehmen/pwc-kpmg-ey-deloitte-viele-wirtschaftspruefer-zittern-18785541.html
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Metaverse could drive up profits — but most businesses may not be ready to invest yet
cnbc.com/2023/04/03/companies-say-metaverse-can-up-profits-but-are-cautious-to-invest-kpmg.html
Hong Kong bosses in hiring mood and offering higher salaries, as city reopens and visitors return
scmp.com/business/banking-finance/article/3214521/hong-kong-reopening-bosses-are-mood-hire-offering-higher-salaries-fill-vacancies-visitors-return
Securities Trading: Revolution in the Sandbox: The EU wants to test digital securities trading and is creating a legal framework for this for a limited time ...
faz.net/aktuell/finanzen/digital-bezahlen/wie-ein-pilotregime-den-wertpapierhandel-revolutioniert-18788995.html
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KPMG stands by audits of Silicon Valley Bank and Signature Bank - FT: KPMG's U.S. boss, Paul Knopp, said the accounting firm stood behind its audits of Silicon ...
reuters.com/business/finance/kpmg-stands-by-audits-silicon-valley-bank-signature-bank-ft-2023-03-14/
KPMG faces questions over SVB and Signature audits: KPMG could find itself on the receiving end of lawsuits and investigations after giving a clean audit opinion ...
accountingtoday.com/news/kpmg-faces-questions-over-svb-and-signature-audits
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The council will be chaired by Victor Onyenkpa, partner and COO, KPMG, and co-chaired by a former executive chairman of the Federal Inland Revenue Service, Ifueko Omogui Okauru.
punchng.com/otti-unveils-transition-committee-members/
Andrews government spending on consultants soars 200%: Spending on consultancies has rocketed since Labor came to power, raising questions about a government ...
theage.com.au/politics/victoria/andrews-government-spending-on-consultants-soars-200-percent-20230320-p5ctnb.html
EY, KPMG and the fallout of two accounting scandals: What happens to companies that cannot secure an auditor to check their accounts?
ft.com/content/0a586a4b-cd3c-4662-acdc-625b8da2b85d
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AI unit Cranium spun out of KPMG as technology explodes: Artificial Intelligence is taking the world by storm giving KPMG developed security firm Cranium a ...
foxbusiness.com/markets/ai-unit-cranium-spun-out-of-kpmg-as-technology-explodes
Does Gamified Training Get Results?: Corporate training isn’t all fun and games, but maybe it should be. Most of us have (often grudgingly) used corporate ...
hbr.org/2023/03/does-gamified-training-get-results
Gender pay gaps at Ireland’s Big Four accountancy firms look okay - until you include partners
irishtimes.com/business/financial-services/2023/03/10/gender-pay-gap-big-four-accountants-making-progress-on-balance-but-still-have-long-way-to-go-at-partner-level/
KPMG pays £1.3bn to settle negligent auditing claim by Carillion creditors: Collapse of outsourcer in 2018 with debts of £7bn came after annual accounts were ...
theguardian.com/business/2023/feb/17/kpmg-pays-13bn-to-settle-negligent-auditing-claim-by-carillion-creditors
KPMG lays off nearly 2% of U.S. staff: The Big Four firm laid off approximately 700 people in its advisory business, or close to 2% of its total staff.
accountingtoday.com/news/kpmg-lays-off-nearly-2-of-u-s-staff
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KPMG gave SVB, Signature Bank clean bill of health weeks before collapse | Mint: Accounting firm faces scrutiny for audits of failed banks
wsj.com/articles/kpmg-faces-scrutiny-for-audits-of-svb-and-signature-bank-42dc49dd
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ESG tops regulatory demands in finance as UK, EU rules diverge, KPMG says: Financial firms in Britain and the European Union remained under significant pressure ...
reuters.com/business/finance/esg-tops-regulatory-demands-finance-uk-eu-rules-diverge-kpmg-2023-02-13/
KPMG becomes first Big Four accounting firm to cut staff in U.S. - FT: KPMG is cutting close to 2% of its workforce in the United States, becoming the first of ...
reuters.com/business/finance/kpmg-becomes-first-big-four-accounting-firm-cut-staff-us-ft-2023-02-15/
Big Four look to hire London's laid-off bankers to bolster their M&A teams: The Big Four accounting firms – Deloitte, EY, KPMG and PwC – are seeking to hire ...
cityam.com/big-four-look-to-hire-londons-laid-off-bankers-to-bolster-their-ma-teams/
KPMG reaches settlement with liquidator of Carillion: KPMG said on Friday it has reached a confidential settlement agreement with the liquidator of Carillion ...
reuters.com/business/kpmg-reaches-settlement-with-liquidator-carillion-2023-02-17/
IMI: Stand out in crowded market with progressive sustainability strategy: Organisations risk being left behind unless leaders step up as reformers
irishexaminer.com/business/economy/arid-41079131.html
KPMG is first Big Four firm to cut staff in US as economy slows: Reductions in consulting business will affect 700 people
ft.com/content/3ce4dabd-0c65-4688-9f50-62a37c0ebe5a
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Why Accountants Are Quitting and Even Some New Graduates Don’t Want Their Jobs: Even some accounting majors don’t want accounting jobs
wsj.com/articles/why-so-many-accountants-are-quitting-11672236016
Companies make progress on anti-Black racism, but workers worry about recession: poll
torontosun.com/business/money-news/companies-make-progress-on-anti-black-racism-but-workers-worry-about-recession-poll
While average partner pay was up from £688,000 in the previous financial year, earnings remain lower than at KPMG’s Big Four competitors ... Show more https://on.ft.com/3HoCiIz
KPMG becomes the first Big Four consulting firm to cut jobs, fires 700 employees in US
wionews.com/business-economy/kpmg-becomes-first-among-the-big-four-consulting-firms-to-cut-jobs-562631
"I've never experienced that so many customers from one country want to move to Switzerland" | NZZ
nzz.ch/schweiz/dass-so-viele-in-schweiz-umziehen-wollen-habe-ich-noch-nie-erlebt-ld.1721229
JPMorgan reviews oversight of traders amid boom in financial markets - sources: JPMorgan Chase & Co. (JPM.N) is working with KPMG to improve how the U.S ...
reuters.com/business/finance/jpmorgan-reviews-oversight-traders-amid-boom-financial-markets-sources-2023-01-30/
Bold & Beautiful Poised to Give Thomas a New Romance/Storyline: Bold and Beautiful's Thomas is in line for a new romance and a new storyline — and one could ...
soaps.sheknows.com/the-bold-and-the-beautiful/news/658520/bold-beautiful-thomas-new-romance-storyline/
Consultants start to cut jobs as boom time ends: McKinsey and KPMG first to move as clients reduce costs and battle inflation
ft.com/content/3768ec77-2b1f-444d-8ad8-679412889f70
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At EY’s Barcelona office in 2021 a group of junior auditors complained to bosses in an email that they were having to work an 'unsustainable' 84 ... Show more https://on.ft.com/3ko1cjF
Big Four accountants in Spain probed over long hours : PwC, KPMG, EY and Deloitte inspected to make sure employees receive extra pay or holiday for overtime work
ft.com/content/01004a13-6f7e-44da-9823-3851af6d76fe
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