KPMG

"These findings are damning," Jon Holt, CEO of KPMG in the U.K., said. "It is clear to me that our audit work on Carillion was very bad."

Other Big Four firms are also introducing cuts in the U.K. after a period of over-hiring during the pandemic.

The Big Four firms are doing a full court press on AI, aiming to integrate it into virtually all of their service offerings.

KPMG employees donated their time to over 475 nonprofits for the firm's second Community Impact Day, an annual volunteer day of community service.

The four largest firms are squarely on 'Team Human' when it comes to artificial intelligence — and don't believe the tech is even at a level where it can take over all of a human's job.

With increasing demands for sustainability reporting and climate-related disclosures, companies pursuing deals need to vet their potential targets more closely.

This summer, the Big Four firm launched a three-week paid internship focused on introducing high school students to accounting careers.

Plus, AuditFile relaunches Advantage Audit as AuditFile Advantage Audit AI; Justworks releases Justworks Payroll; and other accounting technology news.

At its height, the German landlord had a market cap of €3.4 billion; after a series of scandals, it is now worth just €74 million.

KPMG is reducing headcount further after earlier layoffs this year, cutting approximately 5% of its U.S. employees.

Australian senators on Wednesday will set their sights on KPMG in a growing probe of conflicts of interest and ethical lapses in the government's use of consultants.

A recent KPMG poll found that executives believe the use of generative AI holds great promise for organizations, but great risk for the workers within them, as it will likely reduce job security.

CTCPA elects 2023-24 board of directors; Forvis adds 40 new partners and principals and 25 managing directors; and more news from around the profession.

KPMG announced a new initiative to deploy a series of generative AI partnerships and investments to reinvent how the firm operates.

Plus, new OnPoint EBP release supports broader array of plan audits; and other accounting technology news.

Executives from Avalara, KPMG and the law firm Reed Smith discussed the use of tax technology and cross-border transactions during an event in New York.

The Public Company Accounting Oversight Board found problems in its initial audit firm inspections in China.

KPMG's CEO shares his path to leadership, and his priorities at the helm of the Big Four firm.

Many believe it's time to move away from the one-size-fits-all approach of the past toward treatments tailored to an individual's genes, environment and lifestyle.

NJCPA and MassCPA both name next association leaders; Windes appoints first chief growth officer; and more news from around the profession.