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KPMG

Latest Headlines

Latest Headlines

Which executive is the most likely to commit fraud?

We've often noted that while people tend to focus on financial crimes perpetrated by outsiders, insiders are often the greatest risk factor when it comes to fraud. So of all your employees, who

PCAOB taken to task over KPMG-Bermuda review

Does the PCAOB deserve credit for discovering shocking auditing incompetence at a small Hamilton-based affiliate of a big four accounting firm? You might think the answer would be a resounding yes.

Are banks liable for Sarbanes-Oxley sign-off lapses?

With the release of a trove of material by the Financial Crisis Inquiry Commission, Citigroup's CEO Vikram Pandit and then CFO Gary Critteneden have come under renewed criticism for their decision to

Lots of auditor shopping underway?

Is a new era dawning for the Big Four accounting firms? That's hard to say, but the industry has suffered some big hits as of late. The financial crisis has not been kind to the industry, as the

Virtual annual meetings a good idea?

In hindsight, it seemed like a mere matter of time before companies started staging online annual shareholder meetings. Lots of companies offer exciting online materials that complement the live

Compliance issues still loom large for companies aiming for IPOs

There was a time when people were convinced that Sarbanes-Oxley absolutely destroyed a company's chance to go public. You likely recall the outcry, as many stridently claimed the law was pushing

Make or break moment for IFRS?

We've been encouraging people to think that the move to International Financial Reporting Standards was a foregone conclusion. We still think as much. But there's a good chance we'll be living with

Audit firms team up with IT vendors

KPMG and Archer Technologies just announced a partnership that will combine tax and audit expertise with tax control and other GRC solutions. The partnership is pitching the combination as a way to

Issuers vs. auditors redux

Those of you who were around for the early days of Sarbanes-Oxley 404(b) compliance can no doubt recall the pain that stemmed from the many auditor vs. issuer conflicts that arose. Company managers

Where were the auditors?

The credit crunch has tarnished the reputations of many executives and directors, who are regularly castigated by employees, shareholders and politicians. Surprisingly, auditors have attracted little