KPMG

KPMG is shutting down its audit practice for the federal government after losing a Pentagon contract, and laying off 4% of its U.S. advisory practice.

Big Four firm KPMG is eliminating approximately 100 partners in its U.S. audit and assurance practice, after not enough of them accepted an early retirement program.

Ignite Financial Close Companion, developed in cooperation with Google and HR platform Workday, assists with the month-end closing process.

Ideagen Audit Analytics' annual report on the audit landscape shows the market share landscape remaining much the same.

Canada's top securities regulator alleged that KPMG failed to properly value the loans held within funds, harming investors.

The proposed cuts impact roughly 6% of the audit division's 7,100 employees. 

Plus, Dext launches Dext Assist AI; Acumatica announces Acumatica 2026 R1; and other news and updates from the accounting tech arena.

Weaver names pair of tax partners; RubinBrown appoints assistant managing partner; and more news from across the profession.

KPMG International elected Gary Wingrove as its next global chairman and CEO, succeeding Bill Thomas in a four-year term, effective Oct. 1, 2026.

Centri promotes 24; AI Native Accounting Foundation launches; and more news from across the profession.

Big Four KPMG announced that the employees and founders of AI development platform PrivateBlok will be joining the firm to further scale its AI capacities.

Plus, Sage rolls out AI enhancements for reporting, AP, sales; Datarails launches Spend Control solution for contract visibility.

The number of organizations that have deployed AI agents grew twofold in the past year, sparking changes in hiring patterns and market dynamics.

HTL International netted the most new Securities and Exchange Commission engagements in the third quarter of 2025, followed by CBIZ and KPMG.

An inside look at the Big Four firm's brand-new space in Manhattan's Hudson Yards neighborhood.

NASBA announces new board members, bestows three awards; AICPA honors forensic and valuation professionals at annual conference; and more news from across the profession.

IFAC announces new advisory group chairs; TSCPA helps proclaim November as Accounting Opportunities Month in Tennessee; and more news from across the profession.

Plus, KPMG hails AI partnerships with Salesforce, Google; and other accounting technology news and updates.

This marks the Big Four firm's fourth layoff in three years.

EisnerAmper adds 31 partners; CohnReznick opens new San Francisco office; and more news from across the profession.