KPMG

KPMG International assembles global management team; BLS and Aprio both welcome back executives; and more personnel news from firms across the country.

The top twenty firms and their programs were determined by votes on quality of life, benefits, and more.

KPMG LLP’s South African unit appointed nine new executives in an attempt to restore trust in the auditing firm as clients continued to distance themselves over its involvement with the politically connected Gupta family.

An internal probe found that mistakes in two high-profile engagements did not run throughout its business.

South Africa’s auditing regulator said KPMG LLP’s local unit hasn’t fully cooperated with the body’s investigations into work done for the Gupta family, who are alleged to have used political connections to win state contracts.

KPMG International has chosen Bill Thomas as chairman of the global network for a four-year term, succeeding John Veihmeyer, who is retiring after completing his term.

The Big Four network will examine its local member's work in certain engagements, as well as its entire client roster.

The Big Four firm's involvement with a wealthy family is putting it under pressure.

The Big Four firm has agreed to an inquiry by the South African Institute of Chartered Accountants.

As global companies implicated in a graft scandal in South Africa scramble to contain the damage to their reputations, politicians and law enforcement agencies are prevaricating and stalling official investigations.

The South African Revenue Service is considering instituting legal proceedings against KPMG LLP’s local unit for reputational damage after the auditing firm withdrew the conclusions of a report that was used in a police probe against former Finance Minister Pravin Gordhan and led to the removal of senior staff at the agency.

KPMG LLP said the head of its South African office and seven other senior executives quit after an internal investigation found that work done for the politically connected Gupta family fell “considerably short” of the auditing firm’s standards.

The Big Four accounting firms are moving more into the legal services market, competing with law firms on their traditional turf, according to a new report.

However, this leaves CFOs and controllers worried about security.

KPMG contributes to Hurricane Harvey relief; Baker Tilly provides school supplies with United Way; and more news from CPA offices across the country.

The Big Four Firm matched the golf pro's contributions follow her recent LPGA tournament win.

More chief execs are automating back-office accounting functions, freeing finance professionals to become strategic advisors.

KPMG chairman and CEO Lynne Doughtie, Ernst & Young chairman and CEO Mark Weinberger, and PricewaterhouseCoopers U.S. chairman and senior partner Tim Ryan are weighing in on the protests in Charlottesville, Va., last weekend, denouncing the bigotry and hatred on display.

From audits to tax work, smarter machines will change everything accountants do.

KPMG has agreed to pay more than $6.2 million to settle charges it failed to properly audit the financial statements of Miller Energy Resources, a Knoxville, Tenn.-based oil and gas company that settled accounting fraud charges last year, the Securities and Exchange Commission said Tuesday.