KPMG

RSM hires head of talent acquisition; Grant Thornton expands enterprise technology and solutions practice; and other recent hires, promotions and personnel news from firms across the country.

The Big Four firm is spending an extra $1 billion on new technology, including artificial intelligence and shifting platforms to the cloud.

The firm hosted a ceremony honoring the construction crew and designers as the final beam was placed atop the structure.

$500 gift cards, a barbecue package from Omaha Steaks, summer office parties, and early departures on Friday are among the rewards the firm is handing out.

KPMG is partnering with analytics provider SAS on helping banks make the transition to the current expected credit loss, or CECL, accounting standard that begins to take effect in January 2020.

The withheld information would have “materially impacted” the assessments had it been made available to the auditor, KPMG said in a letter to the fund.

The Financial Reporting Council's assessment is fueling calls to reform the industry, including dismantling the “Big Four” players.

The Middle Eastern investment firm has been roiled by allegations of misused funds.

The consulting practices of U.S.-based accounting firms—especially the Big Four—saw strong growth in revenue last year, in part due to last December's tax reform overhaul, according to a new report.

KPMG LLP’s South African unit sees 400 people leaving the embattled company as it closes some regional offices and focuses its operations on four cities across the country.