KPMG

Wilkin & Guttenplan appoints next managing shareholder; Hartman Wanzor rebrands; and more news from across the profession.

The residential landlord with thousands of properties across Germany has been under intense public scrutiny since October 2021.

Like other firms, KPMG has been battling a fall in demand for its services caused by the tougher economic climate.

Artificial intelligence will eliminate vast swaths of the repetitive, time-consuming tasks that typically filled up junior staffers' first few years on the job.

Plus, Gusto and FreshBooks jointly release FreshBooks Payroll; and other accounting technology news.

Armanino adds tax managed services offering; Leo Berwick hires four practice leaders; and more news from across the profession.

The rising popularity and use of generative AI since it recently exploded on the scene has not abated. Indeed, recent polls show it is rising.

The real estate company has been trying to hire a new auditor since its previous one, KPMG, quit in May last year.

The telecommunications company replaced Deloitte as its auditor with KPMG International. The decision was questioned by shareholders.

"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."