Search Results for: KPMG
Accounting firms: Small practitioners pick apart KPMG’s SME move
January 22nd, 2015
A torrent of defiance and disbelief has been unleashed by accountancy practices across the UK after KPMG‘s recent vow to disrupt and dominate the SME market by telling small businesses “you can pay us the same as your current accountant, ...
140 current female KPMG US employees join lawsuit against firm
January 12th, 2015
More than 140 current KPMG US fee-earning female staff have opted in to a lawsuit against the firm. Lawyers contacted 9,000 current and former fee-earning female staff from KPMG in the US, in October 2014, to join the class action. A former ...
Bulgarian regulator to fine KPMG over Corpbank audit
January 9th, 2015
A Bulgarian regulator said on Thursday it will fine the global accounting firm KPMG and two of its employees, saying they did not properly vet the books of Corporate Commercial Bank before it was hit by a run on ...
‘Big data’ will be key to accountancy success, says KPMG
January 8th, 2015
KPMG has revealed that future threats from companies like Google were a key reason for its £40m investment into accounting services for small and start-up businesses. When asked about its reasons for creating the cloud-based service, Iain Moffatt, Head ...
KPMG pre-tax profits dip 9% as tax regulation bites
December 19th, 2014
KPMG has reported a 5% growth in revenues but pre-tax profits fell as the firm made a series of investments in new business lines, while its tax practice felt the impact of an increased regulatory burden Revenues for the ...
KPMG’s record breaking sales fuel more hiring
December 10th, 2014
Big Four accountant KPMG International today announced record-breaking revenues for its worldwide network of $24.82bn (£15.8bn) for the fiscal year ended 30 September – a six per cent increase year-on-year. The Americas delivered the strongest growth over the year, ...
Co-op report criticises KPMG and regulator
October 23rd, 2014
KPMG and the financial regulator have been criticised in a report by MPs into Co-op Bank’s failed bid to buy 632 Lloyds branches last year. The Treasury Committee said the black hole in Co-op Bank’s finances which halted the ...
KPMG targets SMEs with new division
October 21st, 2014
Business advisory firm KPMG today launched a new arm aimed at providing affordable services to small and medium-sized firms. KPMG Enterprise has been kicked off with a £40m investment. Jon Holt, office senior partner at KPMG in Manchester, said: ...
KPMG focuses on diversity
October 14th, 2014
KPMG has admitted that the class, gender, ethnic and sexual orientation of it staff does not reflect the make-up of wider British society or its client base. And in order to begin addressing the oversight, it has unveiled a ...
KPMG Wins 2014 International Accounting Award for Sustainability
October 3rd, 2014
KPMG International has won the prestigious 2014 International Accounting Bulletin (IAB) Award for Sustainable Firm of the Year for a third consecutive year. Citing KPMG’s “strong commitment to running a sustainable business,” IAB highlighted KPMG’s collaboration with Enactus, which ...
