KPMG | News | Accounting

An overview of global KPMG news:

United Kingdom

Calls for ‘beefed up’ regulator as ex-KPMG auditor being fined again An ex-KPMG auditor has been fined for ‘serious breaches’ – the latest in a long line of reprimands aimed at the Big Four.
10 November 2025
United Kingdom

Boutique accountancy steps into P&O Ferries audit role after KPMG exit After the surprise resignation of auditor KPMG earlier in the year, P&O Ferries has turned to a small firm based in Oxfordshire to complete its accounts.
18 July 2025
Qatar

Institute of Chartered Accountants of India delegation visits KPMG in Qatar In the run-up to CA Day 2025, a major annual event for accountants in Doha, a high-level delegation from the Institute of Chartered Accountants of India visited KPMG’s office in Doha to celebrate the
07 July 2025
United Kingdom

Big Four weighing up new AI audit offerings Amid an increasingly bloated market for AI-driven tools, verifying those which might actually work for a company is like looking for a needle in a haystack.
10 June 2025
Middle East

KPMG expands PREVA accounting service into Saudi Arabia, Jordan and Lebanon Following the launch of PREVA in the United Arab Emirates and Oman, KPMG is now expanding the service to three new countries – Saudi Arabia, Jordan and Lebanon.
18 February 2025
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
United Kingdom

Big Four foisting 'high risk' clients onto smaller competitors The Financial Reporting Council has found that the Big Four’s auditing function has collectively improved for two consecutive years.
28 July 2022
United Kingdom

FRC reprimands KPMG for Conviviality and Regenersis failings A member of the Big Four has once again been stung with a fine for audit failings in the UK.
28 January 2022
United Kingdom

KPMG fined £13 million for Silentnight misconduct KPMG has been severely reprimanded by an independent tribunal for misconduct, after a long-running case relating to the sale of the bedmaker Silentnight.
09 August 2021
Canada

KPMG Canada launches cloud accounting solution for SMEs KPMG Canada has launched “Finance Plus,” a new bookkeeping and financial reporting platform tailored to small- and medium-sized enterprises.
18 May 2021
United Kingdom

Senior KPMG Executive scrutinised amid M&C Saatchi investigation One of KPMG’s most senior executives faces scrutiny from the UK audit regulator over a series of errors in the accounts of M&C Saatchi.
20 April 2021
South Africa

KPMG CEO calls for strengthening of South Africa's CA pipeline KPMG South Africa CEO Ignatius Sehoole has called for more vigilance than ever in South Africa’s accounting sector, as the Covid-19 crisis poses a unique challenge to the business environment.
01 July 2020
South Africa

Deloitte supplies top chartered accountancy candidates this year Four of the top twelve candidates in the 2019 Chartered Accountant (CA) assessments in South Africa are from Deloitte.
11 March 2020
South Africa

KPMG South Africa CEO on the state of the audit profession Speaking to CNBC Africa, KPMG CEO Ignatius Sehoole has indicated his desire to restore the “aura of integrity” that surrounded the audit sector when he entered the profession.
24 February 2020
Netherlands

How KPMG Dani is preparing the firm's auditors for the future KPMG’s Digital Assurance & Innovation (Dani) practice is a division of the professional services firm which prepares the Audit function for the future.
17 December 2019
United Kingdom

Labour pledges to take on Big Four audit "cartel” The Big Four of PwC, KPMG, Deloitte and EY could face an audit-sector overhaul, should the Labour Party win the 2019 general election.
29 November 2019
Singapore

Salary hike for KPMG Singapore auditors who pursue accreditation Auditors at KPMG Singapore will be in line for a 20 percent salary boost should they complete their Singapore Chartered Accountant qualifications before July of next year.
03 September 2019
South Africa

KPMG Chairman elaborates on vulnerable points in the accounting sector KPMG South Africa continues to relate its learnings from a turbulent period in South Africa, the latest insights coming from Chairman Wiseman Nkuhlu at the South Africa Institute of Professional Acco
16 August 2019
United Kingdom

KPMG faces potential lawsuit regarding Carillion audit Following the collapse of Carillion at the start of 2018, Big Four professional services firm KPMG has been under sustained scrutiny from UK regulators, the press and even Parliament.
12 August 2019
Australia

Big Four firms allegedly interested in scooping Grant Thornton Big Four firms EY and KPMG are allegedly vulturing around Grant Thornton’s operations in Australia.
05 August 2019
Bahrain

KPMG Bahrain supports students attending audit simulation studies in Asia KPMG in Bahrain has sponsored four local students to attend the first ever international audit simulation programme held by Sunway TES Centre of Accountancy Excellence in Malaysia.
15 July 2019
Malaysia

BDO and Big Four partner with ACCA / Sunway for audit simulation course Malaysia’s Sunway TES Centre of Accountancy Excellence together with the Association of Chartered Certiﬁed Accountants have held the first international installation of their joint Global Audit Simul
20 June 2019
Netherlands

KPMG and Deloitte advise on deal in Dutch software landscape IT software company Unit4 has acquired JSKS, a small Netherlands-based provider of accountancy and fiscal software to mid-sized businesses and entrepreneurs.
05 June 2019
United Kingdom

KPMG to restructure its UK audit business With the Big Four routinely coming in for criticism from the UK’s auditing watchdog, KPMG has taken action to offset further calls for the break-up of its accounting and consulting wings.
04 June 2019
Kenya

Barclays Bank of Kenya looks to replace KPMG with EY as external auditors Drawing on the actions of its parent company Absa, Barclays Bank of Kenya is planning to terminate its relationship with global accounting and advisory firm KPMG, which has been its external auditor
08 May 2019
Australia

Big Four accounting and consulting firms booming in Australia The Big Four professional services firms – EY, Deloitte, KPMG and PwC – are enjoying a sustained boom in Australia.
12 February 2019
United Kingdom

Union calls for Carillion criminal investigation one year on Following a succession of additional scandals worsening the blow of the Carillion scandal, one of the UK’s leading workers’ rights organisation has called on the Government to take more stringent act
17 January 2019
United Kingdom

CMA calls for audit market cap but stops short of Big Four break-up The Big Four audit and advisory firms face an unprecedented limit to their market share, following the conclusions of a probe by the UK’s competition ombudsman.
17 December 2018
India

KPMG doubles audit revenues to become largest audit practice in India Despite a particular focus on growing its advisory practice in recent times, global professional services firm KPMG India appears to be doing particularly well in the auditing domain, having doubled
04 December 2018
Oman

KPMG cops one-year ban from new auditing work in Oman KPMG in Oman has been suspended by local regulators from taking on any new audit work for one year due to a finding of ‘professional negligence’.
26 November 2018
United Kingdom

Big Four rivals outline recommendations for changing UK audit market Some of the UK’s largest auditing and advisory firms have called for changes to the UK accounting scene, ahead of the Competition & Markets Authority’s industry probe.
22 November 2018
United Kingdom

KPMG imposes self-enforced ban on non-audit work for FTSE 350 Reports circulated by the UK media have stated that KPMG is to stop undertaking non-audit work for FTSE-350 companies whose accounts it supervises.
09 November 2018

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