KPMG Advances AI Integration in KPMG Clara Smart Audit Platform
New York, New York--(Newsfile Corp. - April 23, 2025) - Today, KPMG LLP, the US audit, tax and advisory firm, announced the acceleration of its effort to integrate AI into KPMG Clara, our global smart audit platform. The deployment of AI agents into KPMG Clara will empower more than 95,000 auditors global
2025-04-23 12:35 PM EDT
KPMG Survey: AI and Emerging Technologies Dominate Private Market Investment Amid Market Uncertainty
New York, New York--(Newsfile Corp. - April 17, 2025) - In a rapidly changing market landscape, private market investors are transforming their investment strategies and priorities while navigating new risks and opportunities driven by technological innovations, according to
2025-04-17 11:31 AM EDT
KPMG Expands AI Alliance with Google Cloud to Support Industry Adoption of Agentspace and Deliver Multi-Agent AI Solutions
Nevada and New York, New York--(Newsfile Corp. - April 11, 2025) - KPMG LLP announces an expansion of its strategic AI collaboration with Google Cloud, with modular, scalable AI solutions that will transform business operations for its clients in legal services, banking and other industries. As a key deployment partner for Google Agentspace, KPMG will help clients build integrated and scalable AI platforms to enhance decision-making and effectively manage AI agents that unlock valu
2025-04-11 6:00 PM EDT
KPMG Announces Three Strategic Leadership Appointments to Provide Exceptional Client Service, Enhance Value Creation, and Deliver Quality to Asset Managers, Private Equity Firms and Their Portfolio Companies
New York, New York--(Newsfile Corp. - April 3, 2025) - Today, KPMG LLP (KPMG), the U.S. audit, tax, and advisory firm, announced three new leaders for its U.S. Asset Management business. "As we continue to strengthen our position in the asset management and private equity sectors, we're excited to expand the roles of Yesenia Scheker-Izquierdo, David Neuenhaus, and Matt Giordano," said Lisa Daniels, KPMG's Vice Chair of Gr
2025-04-03 2:29 PM EDT
The CFO-CIO Partnership: Key to Driving AI Innovation
New York, New York--(Newsfile Corp. - March 19, 2025) - Chief financial officers (CFOs) and chief information officers (CIOs) say they collaborate, but they hold distinctly opposite perspectives on how to measure the benefits of tech investments, whether investment budgets are adequate and which of them is responsible for making key decisions, according to a new KPMG survey. The survey, which included responses from 102 C-suite leaders and their direct reports, uncovers key insights to...
2025-03-19 12:35 PM EDT
The Majority of U.S. Organizations Reportedly Not Prepared to Handle Increasing Risks Events, Broad Disruptions - New KPMG Risk & Resilience Survey
New York, New York--(Newsfile Corp. - March 11, 2025) - More than half, 52%, of U.S. organizations have not integrated risk and resilience capabilities, accountabilities, or organizational structure, according to the new KPMG Risk & Resilience survey of 208 U.S. C-Suite leaders. "The current business environment is marked by unprecedented levels of volatility and rapidly evolving risks," said Joey Gyengo, U.S. Enterprise Risk Management Solution Leader, KPMG LLP. "Our survey findings...
2025-03-11 5:00 AM EDT
KPMG Elects Timothy J. Walsh as U.S. Chair and CEO; Atif Zaim Elected Deputy Chair
New York, New York--(Newsfile Corp. - March 3, 2025) - KPMG LLP, the U.S. audit, tax and advisory firm, has elected Timothy (Tim) J. Walsh to serve as its next Chair and Chief Executive Officer, and Atif Zaim to serve as Deputy Chair, for a five-year term beginning July 1, 2025. Tim and Atif will succeed Paul Knopp and Laura Newinski who have served as U.S. Chair and Chief Executive Officer and Deputy Chair and COO, respectively, since 2020. Paul and Laura's five-year term concludes on June...
2025-03-03 10:14 AM EST
KPMG LLP Launches KPMG Law US, The First Big Four Law Firm Serving The US Market
New York, New York--(Newsfile Corp. - February 27, 2025) - Today, KPMG LLP, the U.S. audit, tax, and advisory firm, launched KPMG Law US, a subsidiary of KPMG LLP, marking a milestone as the first law firm owned by a Big Four firm to serve the US market. The legal services market is experiencing rapid growth and transformation. Many businesses aim to transform their legal operations to gain a competitive advantage. KPMG Law US combines the technological ca
2025-02-27 3:11 PM EST
Matt Miner Named General Counsel of KPMG LLP
New York, New York--(Newsfile Corp. - February 11, 2025) - KPMG LLP, the U.S. audit, tax and advisory firm, today announced Matt Miner will be joining the firm as Vice Chair and General Counsel, effective February 28,
2025-02-11 5:15 PM EST
New KPMG Head of Ecosystems Elevates Critical Importance of a Partnership Ecosystem to Extend Value Creation for Clients Through AI and Digital Transformation
New York, New York--(Newsfile Corp. - December 12, 2024) - Audit, tax and advisory firm KPMG LLP has named Todd Lohr as Head of Ecosystems for KPMG U.S. Advisory, signaling the critical importance of a multi-platform-based approach to AI, digital transformation and technology offerings. KPMG has built strong technology, strategic and innovative partnerships that enable transformation in an integrated way to create significant value and efficiencies for our organization and for clients....
2024-12-12 10:19 AM EST
KPMG Survey: Partner Ecosystems Playing a Central Role in Business Growth and Innovation
New York, New York--(Newsfile Corp. - December 12, 2024) - KPMG LLP, the audit, tax and advisory firm, has released the findings of a survey on ecosystem partnerships, which reveals that 83% of respondents plan to expand their partner ecosystem to accelerate growth, and nearly half express interest in exploring not just traditional partnerships, but also technology affiliations, strategic alliances, or other collaborative relationships. The survey of 258 U.S. leaders at companies with revenue...
2024-12-12 9:00 AM EST
KPMG Launches New AI Incubator for Salesforce Agentforce
New York, New York--(Newsfile Corp. - December 6, 2024) - Audit, tax and advisory firm, KPMG LLP announced today the launch of its Agentforce AI incubator, an innovation laboratory that will offer an immersive approach to help organizations leverage the capabilities of Salesforce's Agentforce. Agentforce is the agentic layer of the Salesforce platform for deploying autonomous AI agents across any business function. Agentforce includ
2024-12-06 11:10 AM EST
KPMG Survey: AI Adoption Across US Finance Functions Reaches Highest Levels, with ROI Exceeding Expectations
Usage widening to include accounting, financial planning and risk and tax management Companies have made the most progress piloting or using AI for financial planning (78%), followed closely by accounting (76%). Less than half of companies (45%) report they are piloting or using AI for tax and operations. While cloud technology remains the #1 priority for US companies looking to enhance financial reporting, non-generative AI has risen to #2 and is seeing fast adoption. With regard to...
2024-12-03 9:45 AM EST
KPMG LLP Announces Investment in Agentic AI Startup Ema
New York, New York--(Newsfile Corp. - October 24, 2024) - KPMG LLP, a global leader in Audit, Tax, and Advisory services announced a minority equity investment in Ema, an agentic AI startup building universal AI employees. This investment is part of KPMG's overall strategy to lead in the emerging AI agent space, where action-oriented assistants will work seamlessly alongside and augment human teams. "Ema is the next frontier in human-AI collaboration, poised to transform enterprise...
2024-10-24 1:02 PM EDT
KPMG Study: Proximity Emerges as the New Value Driver for U.S. Supply Chains
New York, New York--(Newsfile Corp. - October 8, 2024) - Business executives are strategically reshaping their supply chains to achieve greater efficiencies, according to a new report—The Proximity Premium—released today b
2024-10-08 8:30 AM EDT
Wokelo Announces Minority Equity Investment from KPMG LLP to Enhance AI-Driven Commercial and Business Insights
New York, New York--(Newsfile Corp. - October 1, 2024) - Wokelo, a leading AI-powered platform designed to amplify the intelligence gathering process on companies, markets and industry value chains, today announced a minority equity investment from KPMG LLP, a global leader in audit, tax, and advisory services. Wokelo accelerates the research and intelligence gathering process with GenAI to provide comprehensive, credible insights. This collaboration combines Wokelo's large language model...
2024-10-01 4:01 PM EDT
KPMG Survey: Organizations Report Increased Market Pressure Around New Technologies
New York, New York--(Newsfile Corp. - October 1, 2024) - U.S. executives are feeling more competitive pressure when it comes to investing in emerging technologies compared to last year, according to a new survey by KPMG International, and businesses are struggling to keep up with the rapid pace of technological change. According to the survey of 400 U.S.-based executives at companies with revenue of $250 million and above, a large majority of respondents are experiencing heightened concerns...
2024-10-01 7:00 AM EDT
KPMG Survey: 90% of C-suite Leaders Say Corporate Tax Department Is Key to Building Stakeholder Trust
New York, New York--(Newsfile Corp. - September 26, 2024) - A noteworthy 9 in 10 C-suite leaders now recognize their tax department as a pivotal contributor to enhancing trust among diverse stakeholders, according to the latest edition of the annual KPMG LLP report, "Tax Reimagined: Perspectives from the C-suite." By using generative AI, harnessing data, and leaning into a third-party provider, corporate tax departments have the power
2024-09-26 8:08 AM EDT
The Disruption Dilemma: KPMG Survey on Private and Recent IPO Company Outlook
Private companies and those that recently conducted an initial public offering (IPO) are very optimistic about their future growth prospects. Company leaders report cybersecurity threats and a slowdown in innovation as top risks to growth. Leaders report AI is the main growth enabler, with its importance expected to grow over time, but just 54% of companies surveyed report taking at least adequate actions on risk and compliance governance. Nearly seven in 10 finance leaders anticipate an...
2024-09-04 9:30 AM EDT
KPMG US Announces Formation of Independent Audit Quality Advisory Committee to Build on the Success of Quality Initiatives
New York, New York--(Newsfile Corp. - August 28, 2024) - Today, KPMG LLP, the US audit, tax and advisory firm, announced the formation of an Independent Audit Quality Advisory Committee (IAQ
2024-08-28 9:30 AM EDT