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...KPMG has revoked job offers to some foreign graduates in the UK after the government tightened visa rules for overseas workers in an effort to cut record immigration....
...KPMG sold the insolvency and restructuring business to private equity group HIG Capital in 2021....
...KPMG’s UAE and Oman business, called KPMG Lower Gulf, never published Freshfields’ recommendations....
...KPMG is the most fragmented of them, with less integration between its nationally owned partnerships than at Deloitte, EY or PwC....
...Deloitte and KPMG declined to comment....
...KPMG has frozen pay for around 12,000 employees in the UK, as the gloomy economic climate hits demand for its services across the firm....
...KPMG, which is the smallest of the Big Four with about 16,000 staff, has long trailed its competitors on average partner pay....
...Deloitte, KPMG and McKinsey declined to comment. Not all Big Four firms have such rules on devices. A PwC spokesperson said it did not have such a policy....
...The $500,000 fine on KPMG in Japan was for failures in its system for checking audit quality, the PCAOB said....
...Hundreds of staff in KPMG’s Netherlands business, including senior partners and managers, cheated on professional exams and misled investigators, according to the US audit regulator, in the latest ethics...
...“This is a KPMG issue, but it is not only a KPMG issue,” said Hanzo van Beusekom, AFM board member....
...KPMG has faced numerous challenges since Holt took charge....
...KPMG is locked in a dispute with US audit regulators who are alleging deficiencies in its work, it emerged on Wednesday....
...KPMG has been fined £1.46mn by the UK accounting regulator for “serious failings” in its audit of M&C Saatchi, the advertising agency that was hit by an accounting scandal in 2019.The Financial Reporting...
...Headcount at Interpath has risen from 550 since the company separated from KPMG to about 740 at the end of last year....
...KPMG also failed to properly audit journal entries across a number of subsidiary companies, the FRC said. KPMG was appointed as auditor of M&C Saatchi in 2012 and resigned in September 2019....
...Pay for UK partners at KPMG have climbed to an average of £746,000 despite a surge in fines for audit failures and a slowdown in growth....
...KPMG said the drop in pre-tax profits during the year to September was affected by a 17 per cent jump in staff costs....
...This year, however, it has been rolled out to all KPMG’s public company clients and most private company audits as well....
...Read more about KPMG’s pay freeze here....
...KPMG gets in trouble for cheating (again) You might think the $50mn fine imposed on KPMG in the US in 2019 for, among other violations, widespread cheating by staff on their training courses, would have...
...KPMG would need to increase its revenues by more than a third to catch EY, the next smallest Big Four firm....
...Deloitte and KPMG have advised some US-based executives not to use their usual work phones in the territory, according to multiple people with knowledge of the policies....
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