Search Results for: KPMG
KPMG receives complaints over Isle of Man controversy
May 18th, 2016
KPMG’S Canadian arm is the subject of two complaints from one of the country’s largest financial worker’s unions, with the group claiming that the Big Four firm set up offshore tax structures in the Isle of Man to help wealthy Canadians ...
Five more women added in gender discrimination lawsuit against KPMG US
May 17th, 2016
Five more women have been added as named plaintiffs to the ongoing $350m (£243m) class action gender discrimination lawsuit against KPMG’s US arm. On 13 May, Sanford Heisler, the law firm representing the five plaintiffs, filed an amended complaint ...
Malaysian state fund sacked Ernst & Young and KPMG when auditors asked for documents
April 11th, 2016
The scandal surrounding Malaysian state fund 1Malaysia Development Berhad has thrown up some very interesting facts about how the state fund was managed. According to a probe by a parliamentary committee, the fund had sacked two audit firms over ...
KPMG’s Transaction Advisory Services achieves ALM Intelligence Vanguard Leader status
April 6th, 2016
KPMG International received a top performance evaluation from ALM Intelligence analysts for its depth of Transaction Advisory Services provided to clients worldwide in 2015. KPMG was seen as one of a few select organizations to earn the prestigious ALM ...
KPMG is moving more of its IT jobs in India
March 24th, 2016
KPMG is moving more jobs to India, with UK contractor roles the most affected Business advisory KPMG is moving more of its UK IT team to India as it expands its agreement with Indian IT services firm Tata Consultancy Services (TCS). Some permanent ...
KPMG claims that UK is one of the most attractictive place to do business from a tax perspective
March 15th, 2016
KPMG: The Home for Business? Assessing the Competitiveness of the UK Thought leadership publication based on market research among tax decision makers in 167 UK and non UK companies. In this year’s study, Ireland retains its place as the most ...
Fintech funding hits all-time high in 2015, despite pullback in Q4: KPMG and CB Insights
March 11th, 2016
KPMG and CB Insights release their inaugural quarterly fintech venture capital (VC) report, highlighting a record year for venture-backed fintech startups in 2015, but waning investor appetite to close out the year. While 2015 marked a banner year for ...
KPMG Announces Agreement With IBM Watson To Help Deliver Cognitive-Powered Insights
March 9th, 2016
Deal accelerates adoption of new technologies across KPMG’s businesses, strengthening firm’s commitment to reinforcing confidence in the capital markets KPMG LLP and IBM (NYSE: IBM) today announced plans to apply IBM’s Watson cognitive computing technology to KPMG’s professional services offerings. The agreement, including ...
KPMG: Blockchain Could Be ‘Antidote’ to High Cost of Regulation
March 8th, 2016
As institutional interest in blockchain technology increases with bullish market predictions, professional services firms have been among a new wave of companies seeking to adapt existing products and services for the market. To date, Deloitte and PwC have been perhaps the most aggressive ...
KPMG axes dozens of partners
February 29th, 2016
KPMG is cutting around 50 partners in an effort to improve its performance and respond to changing demand from its clients, according to reports. Sky News reported that KPMG is cutting approximately 50 partners. The process of streamlining its partnership, which ...