KPMG Upgrades GenAI Audit Assistant, Unveiling New Capabilities To Empower Its 9,000+ Audit Partners and Professionals
KPMG auditors have held more than half a million conversations with KPMG Audit Chat using 1.3M unique promptsMobile app to be deployed to all professionalsNew 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 OpenAI service, and to KPMG Clara,...
2024-05-20 2:54 PM EDT
KPMG Ranks Number One for Quality for AI Advice and Implementation by Source
New York, New York--(Newsfile Corp. - May 20, 2024) - KPMG, the tax, audit, and advisory firm, has been recognized as the top provider for quality for AI advice and implementation services in Source's annual U.S. survey of senior buyers of consulting services. The study, titled "Perceptions of Consulting in the US in 2024," gathered insights from 700 senior executives, directors, and senior managers in the U.S. Source conducted the survey to understand how clients perceive consulting firms at...
2024-05-20 7:00 AM EDT
KPMG Survey: C-Suite Cyber Leaders Optimistic About Defenses, but Large Percentage Suffered Recent Cyber Attack
New York, New York--(Newsfile Corp. - May 13, 2024) - A recent survey conducted by KPMG, the audit, tax, and advisory firm, reveals that despite a growing number of attacks and breaches, C-suite cyber leaders are optimistic about the effectiveness of their defenses. The survey also highlights the growing importance of artificial intelligence (AI) in the fight against cyber threats.According to the survey of 200 C-suite cyber leaders at companies with revenue of $1 billion and above, 40%...
2024-05-13 6:00 AM EDT
Top OECD Negotiator, Michael Plowgian, Rejoins KPMG LLP
New York, New York--(Newsfile Corp. - April 16, 2024) - KPMG LLP, the U.S. audit, tax, and advisory firm, today announced that Michael Plowgian, a leading voice in international tax policy, has rejoined the firm as a principal in Washington National Tax. He will also serve as the International Tax Policy Lead for the Americas and on the Global Policy Leadership Team. Plowgian returns to KPMG after serving as Deputy Assistant Secretary for International Tax Affairs at the...
2024-04-16 9:18 AM EDT
KPMG Announces Google Cloud Center of Excellence to Advance Responsible Adoption of Generative AI
New York, New York--(Newsfile Corp. - April 3, 2024) - Today, KPMG LLP announced an expansion of its strategic alliance with Google Cloud to help accelerate enterprise adoption of generative AI (GenAI) technologies. The expanded partnership features the establishment of a KPMG Google Cloud Center of Excellence (CoE) that will combine Google Cloud's leading AI technologies with KPMG's industry knowledge and deep functional expertise to support business transformation for enterprise clients....
2024-04-03 12:16 PM EDT
KPMG LLP Survey: Majority of Tax Departments Are Adopting or Exploring Generative AI
New York, New York--(Newsfile Corp. - March 15, 2024) - The latest edition of the KPMG LLP "Chief Tax Officer Outlook" revealed a majority of Chief Tax Officers (CTOs) are already utilizing generative AI (gen AI) in their tax departments or are exploring its potential. The survey from the U.S. audit, tax and advisory firm found that 29 percent are currently using gen AI, while an additional 26 percent are taking action to explore its capabilities. "The use of advanced...
2024-03-15 9:31 AM EDT
KPMG LLP Secures New Transfer Pricing Patent Within AI-Powered Tool
Powered by Microsoft Azure New York, New York--(Newsfile Corp. - February 21, 2024) - As multinational enterprises (MNEs) grapple with the compliance burden of an increasingly complex international tax regime, especially with the recent implementation of the OECD's BEPS Pillar Two, adhering to transfer pricing requirements has become more critical than ever. KPMG LLP, the audit, tax and advisory firm,...
2024-02-21 9:03 AM EST
KPMG U.S. Appoints Katrina Helmkamp and Harit Talwar to Serve on Its U.S. Board
New York, New York--(Newsfile Corp. - January 8, 2024) - KPMG LLP, the U.S. audit, tax and advisory firm, today announced the appointment of Katrina Helmkamp and Harit Talwar as independent directors to its U.S. Board of Directors. Helmkamp and Talwar succeed Linda Addison and General (Ret.) Janet Wolfenbarger, independent directors who recently completed five-year terms of service."We are pleased to welcome Katrina and Harit to our board. Both are proven leaders who are passionate about...
2024-01-08 2:01 PM EST
KPMG Generative AI Solution Responds to Rising Tax and ESG Transparency Demands
New York, New York--(Newsfile Corp. - November 6, 2023) - KPMG LLP, the U.S. audit, tax, and advisory firm, is introducing a new generative AI-backed solution, the KPMG Tax Transparency Services - Impact Analyzer (Impact Analyzer), to help companies prepare and respond to new disclosure requirements and heightened transparency expectations from stakeholders. Most recently, this dynamic was underscored by the Financial Accounting Standards Board (FASB), which approved a proposal for more...
2023-11-06 9:00 AM EST
KPMG LLP Names Rema Serafi Vice Chair - Tax
New York, New York--(Newsfile Corp. - October 18, 2023) - KPMG LLP, the U.S. audit, tax, and advisory firm, today announced that Rema Serafi (@remaserafi) has been named Vice Chair - Tax, succeeding Greg Engel who is retiring after four decades of service. As the new Vice Chair - Tax, effective November 15, 2023, Rema will also serve as a member of the firm's Management Committee.
2023-10-18 8:50 AM EDT