New York, New York--(Newsfile Corp. - May 20, 2024) - Today, KPMG LLP, the U.S. audit, tax and advisory firm, announced upgrades to KPMG Audit Chat, a proprietary generative AI tool built on Azure ...

KPMG, the global audit, tax and advisory firm, has added generative artificial intelligence (AI) into its audit platform, the company announced Monday. KPMG, which offers its accounting services in ...

New AI capabilities live within KPMG Clara, interacting directly with audit engagement documentation and our audit methodology for both public and private companies Capabilities across the full audit ...

The Securities and Exchange Commission charged KPMG LLP on Monday with changing some of its previous audit work after the Big Four firm received stolen information about inspections of the firm that ...

KPMG LLP announced on Monday that it has reduced its U.S. audit workforce by about 330 positions, representing just under 4% of its nearly 9,000 audit employees. The decision addresses historically ...

KPMG accepted the conclusions and record penalties levied against it by the U.K. Financial Reporting Council (FRC) on Thursday for the “exceptional” level of deficiencies found to have taken place ...

The Financial Reporting Council (FRC) has imposed a historic fine of £21 million on KPMG for its audits of Carillion, the government contractor that collapsed in 2018. The FRC today (October 12) ...

Audit regulators found serious deficiencies in nearly half the KPMG LLP audits they scrutinized in their last two years of inspections, according to reports issued Friday. In what amounted to a public ...