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
Yesenia Scheker-Izquierdo Appointed U.S. Sector Leader for Asset Management and U.S. Line of Business Leader for Asset Management and Private Equity David Neuenhaus Appointed Tax Sector Leader for Asset ManagementMatt Giordano Appointed Audit Sector Leader and Audit Service Line Leader for Asset Management 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...
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
Two-thirds to nearly three-quarters of organizations face moderate or strong barriers to effectively managing riskNew 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...
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...
2025-03-03 10:14 AM EST
KPMG LLP Launches KPMG Law US, The First Big Four Law Firm Serving The US Market
AI-powered solutions enabling legal teams to focus on strategic prioritiesNew 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...
2025-02-27 3:11 PM EST
Matt Miner Named General Counsel of KPMG LLP
Compliance program New York, New York--(Newsfile Corp. - February 11, 2025) - KPMG LLP, the U.S. audit, tax and...
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...
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
The incubator is an evolution of KPMG's leadership in AI and data modernization and will draw on the firm's industry and customer engagement experienceThe collaboration with Salesforce will enable client adoption of Agentforce and AI Agents through industry-focused solutions with ethics and trustNew 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...
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 managementCompanies 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 financial...
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...
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
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...
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
York, New York--(Newsfile Corp. - August 28, 2024) -...
2024-08-28 9:30 AM EDT
KPMG Announces AI Integration into Global Smart Audit Platform, KPMG Clara
KPMG Clara with AI is supported by our Trusted AI framework that emphasizes a human-in-the-loop mindset to ensure quality and accuracyNew York, New York--(Newsfile Corp. - July 29, 2024) - Today, KPMG LLP, the...
2024-07-29 12:16 PM EDT
KPMG LLP and Cryptio Establish Strategic Alliance to Help Companies Meet Financial Reporting Standards for Digital Assets
New York, New York--(Newsfile Corp. - July 18, 2024) - KPMG LLP, the U.S. audit, tax and advisory firm, is collaborating with Cryptio, a leading crypto accounting software platform, to help companies establish controls to better account for crypto assets. Obtaining accurate and comprehensive on-chain data for financial reporting purposes is critical to meeting financial reporting standards as best practices for crypto accounting and auditing, particularly in the United States, continue to...
2024-07-18 12:56 PM EDT
KPMG Launches "AI Impact Initiative" to Bring AI Technology to Non-Profits and Enable the AI Workforce of the Future
New York, New York--(Newsfile Corp. - June 12, 2024) - KPMG LLP is proud to announce the launch of the "KPMG AI Impact Initiative." This initiative marks a significant milestone in the firm's commitment to supporting equitable access to workplace opportunities and enhancing the wellbeing of our communities. Recognizing the profound impact AI will have on how businesses operate and how people in our communities live and work, KPMG is collaborating with clients, strategic technology alliance...
2024-06-12 9:00 AM EDT