KPMG | Global news | Page 6

An overview of KPMG global news:

United Kingdom

Eight ways family businesses can boost sustainability strategy A new report has highlighted eight key success factors for the sustainability and digitalisation strategies of family businesses.
05 May 2023
United Arab Emirates

Emilio Pera (KPMG): New corporate tax benefits financial transparency The landmark introduction of corporate tax in the UAE, which will come into effect from June 1, 2023, will bring more transparency to the market around financial disclosures.
03 May 2023
Saudi Arabia

KPMG boosts senior team in Saudi Arabia with eight promotions KPMG has boosted its leadership team in Saudi Arabia with the appointment of a new partner and the promotion of seven company members to senior director level.
01 May 2023
Europe

Global fintech investments fell by $75 billion last year, KPMG says Global investments in the fintech sector fell by more than 30% last year from 2021’s record high levels, according to research by KPMG.
26 April 2023
Canada

KPMG Canada hit with $1.4-billion lawsuit over Bridging Finance collapse PwC Canada, the receiver for Bridging Finance, is suing KPMG Canada for $1.4 billion over alleged deficiencies in the firm’s auditing of the private debt manager, which collapsed in 2021.
20 April 2023
Middle East

KPMG welcomes new class of Hussain Kasim Internship program A group of around 20 talents have been admitted into the first 2023 class of KPMG’s Hussain Kasim Internship Program in Bahrain.
20 April 2023
United States

KPMG spins out AI software business Cranium KPMG US has spun out the first company from its KPMG Studio startup incubator: Cranium, an artificial intelligence security software firm.
11 April 2023
United Kingdom

Utility price hikes sees consumers further scale back spending The growth of the UK economy looks set to come under further pressure in the coming months, as consumers further scale back their purchases in 2023.
10 April 2023
Middle East

KPMG promotes Nagaraj Uchil and Rajiv Maloo to partner Global professional services firm KPMG has appointed two new Advisory partners in the United Arab Emirates.
07 April 2023
United Kingdom

KPMG appoints Oxana Miroshnichenko as Partner Oxana Miroshnichenko has become a Partner within KPMG UK’s strategy group. She brings 18 years of experience to the role.
06 April 2023
Nigeria

Unemployment in Nigeria and South Africa to surpass 35% Unemployment rates in several major African economies are expected to spike in the coming years, mainly due to limited investment by the private sector and slow economic growth.
05 April 2023
United Kingdom

James Osborn named Chief Digital Officer of KPMG The UK wing of KPMG has appointed James Osborn as its Chief Digital Officer. He steps into the shoes of Lisa Heneghan, who has been promoted to Global Chief Digital Officer at KPMG International.
03 April 2023
United Kingdom

KPMG launches new product to boost retail analytics Aimed at giving retail clients a competitive edge, Dash is a digital tool combining business data with AI to help make better commercial decisions.
31 March 2023
Malaysia

MDEC partners with KPMG to groom next Malaysian unicorns The Malaysia Digital Economy Corporation (MDEC) is teaming up with KPMG to power its ambition of helping promising Malaysian tech firms attain the coveted status of a unicorn.
29 March 2023
United Arab Emirates

UAE’s banking sector books strong performance and is robust in 2023 The UAE banking sector looks back at a strong 2022, with net profits up more than 25% on the year previous.
28 March 2023
United States

KPMG adds eight professionals to tax business KPMG US has announced the hiring of eight partners, principals, and managing directors across its tax business line.
28 March 2023
Canada

Businesses want more government incentives for green transition Businesses say they need more help from the government to help Canada transition to a greener economy, according to a KPMG report.
22 March 2023
United Kingdom

Major milestone for chartered management consultant award As the Chartered Management Consultant Award continues to gain traction, it has announced another major milestone.
20 March 2023
United States

KPMG defends clean audits of SVB and Signature Bank KPMG US defended its clean audit opinions of Silicon Valley Bank and Signature Bank, both of which collapsed within two weeks of KPMG signing off on their financials.
17 March 2023
United Kingdom

Donnie MacLeod hired as Managing Director at KPMG Donnie MacLeod has been appointed as a Managing Director in KPMG’s London office.
10 March 2023
Canada

As fraud costs increase, companies look to emerging tech to cut risk With more companies reporting instances of fraud, a KPMG Canada survey found 85% of Canadian organizations are interested in using new and emerging technology to fend off potential attacks.
08 March 2023
Europe

‘China to curb power of Big Four accountants and consultants’ China's government is trying to curb the power of the Big Four, especially in the audit domain, according to reports from Bloomberg citing discussions with high-ranked partners within the Chinese org
07 March 2023
United Kingdom

KPMG helps GeoPura raise £36 million in investment round Big Four firm KPMG has advised UK clean energy company GeoPura in raising £36 million in an investment round.
03 March 2023
Canada

KPMG donates $600K to HEC Montreal KPMG Canada has donated $600,000 to HEC Montreal’s “Measuring Beyond” environmental, social, and governance (ESG) initiative.
01 March 2023
China

China pushing for shift away from Big Four to local audit firms With tensions between China and the United States continuing to simmer, China’s Ministry of Finance has reportedly asked state-owned enterprises to stop relying on the Big Four for their audit needs
28 February 2023
United Kingdom

Volume of UK fraud falls but value booms past £1 billion Fraud cases of more than £100,000 declined in number through 2022 – falling by more than one-quarter from the previous year.
27 February 2023
Middle East

Five steps to improve the odds of M&A integration success In today’s uncertain and complex environment, successfully closing and integrating a deal can be a major challenge for dealmakers.
22 February 2023
United States

KPMG launches accounting/tax scholarship for underrepresented students KPMG US has launched a new scholarship for underrepresented racial and ethnic groups pursuing a master’s degree in accounting or tax.
21 February 2023
United Kingdom

Consulting firms maintain 'cautious optimism' on 2023 M&A market Following a record year, the 12 months of 2022 saw a fall in the volume and value of M&A activity.
21 February 2023
United States

KPMG US lays off 700 employees in advisory business KPMG was the first US Big Four firm to cut jobs amid a weaker economy and reduced demand for consulting services – laying off 700 people in its advisory wing.
16 February 2023
Canada

Canadian fintech investment dips in 2022 after banner 2021 Investment in Canada’s financial technology (fintech) industry fell 81.4% to US$1.
16 February 2023
Saudi Arabia

Paul Ridley joins KPMG's Defense & Security practice in Saudi KPMG has welcomed a new leader in its Advisory business, with Paul Ridley relocating to Saudi Arabia to join the Defense & Security practice.
15 February 2023

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