Latest news about kpmg

Here are some of the latest news and updates about KPMG:

Recent Developments:

  1. KPMG faces backlash over tax avoidance schemes: KPMG has been criticized for its role in promoting tax avoidance schemes, including the use of offshore companies and complex financial structures to minimize tax liabilities. (Source: The Guardian)
  2. KPMG to pay $50 million to settle SEC charges: KPMG has agreed to pay $50 million to settle charges brought by the US Securities and Exchange Commission (SEC) related to its audit of a failed investment fund. (Source: Reuters)
  3. KPMG launches new AI-powered audit platform: KPMG has launched a new audit platform that uses artificial intelligence (AI) to help auditors identify potential errors and irregularities in financial statements. (Source: Accounting Today)
  4. KPMG appoints new global chairman: KPMG has appointed Bill Thomas as its new global chairman, effective January 1, 2023. Thomas will succeed Paul Knopp, who has been chairman since 2018. (Source: Financial Times)
  5. KPMG to cut 1,000 jobs in UK and Ireland: KPMG has announced plans to cut around 1,000 jobs in the UK and Ireland as part of a restructuring effort aimed at reducing costs and improving efficiency. (Source: The Telegraph)

Recent Awards and Recognition:

  1. KPMG named "Audit Firm of the Year": KPMG was named "Audit Firm of the Year" at the 2022 International Accounting Bulletin Awards. (Source: International Accounting Bulletin)
  2. KPMG ranked #1 in global tax practice: KPMG was ranked #1 in the global tax practice by the International Tax Review in its 2022 World Tax Guide. (Source: International Tax Review)
  3. KPMG named "Best Place to Work": KPMG was named one of the "Best Places to Work" by Fortune magazine in its 2022 list of the 100 Best Companies to Work For. (Source: Fortune)

Recent Research and Thought Leadership:

  1. KPMG publishes report on sustainable finance: KPMG has published a report on sustainable finance, highlighting the importance of integrating environmental, social, and governance (ESG) factors into financial decision-making. (Source: KPMG)
  2. KPMG releases report on digital transformation: KPMG has released a report on digital transformation, highlighting the need for businesses to adapt to changing technologies and customer expectations. (Source: KPMG)
  3. KPMG publishes report on cybersecurity risks: KPMG has published a report on cybersecurity risks, highlighting the importance of protecting against cyber threats and the need for businesses to prioritize cybersecurity. (Source: KPMG)

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