Stablecoin issuer Tether has stated that KPMG US has completed an audit of its 2025 financial statements, a move aimed at increasing transparency and trust in its reserves.

Macquarie and Westpac banks are scheduled to testify as part of the ongoing probe into the KPMG Australia audit scandal.

VM Group has concluded its 60-year audit relationship with KPMG, marking a significant change for the financial institution.

PwC, one of the Big Four consulting firms, has reportedly faced embarrassment due to AI-related blunders, following similar incidents recently experienced by KPMG and EY.

István Kapitány announced that Attila Ságodi, who previously worked at EY, KPMG, and Boston Consulting, will be the new head of the Paks II nuclear power plant project. This appointment marks a significant leadership change for the major Hungarian energy initiative.

According to KPMG, short-term sick leave, particularly among young people, is increasing and has become a structural problem in Spain.

KPMG Australia is reportedly considering job reductions as the firm grapples with the fallout from an audit leaks scandal that has damaged its reputation.

At its annual meeting, Netskope shareholders reelected the company's directors and ratified KPMG as its independent accounting firm. These actions are standard corporate governance procedures.

KPMG, PwC, EY, and Deloitte, collectively known as the 'Big Four' accounting firms, are experiencing ongoing scandals and embarrassment within their Australian operations.

KPMG's artificial intelligence strategy prioritizes human skills and capabilities over technology itself, according to a Forbes report.

A new survey by the Athens Chamber of Crafts, in collaboration with KPMG, highlights four key obstacles currently impeding small and very small businesses in Greece.

Nelly Korda has had a fast start at the KPMG Women's PGA Championship, maintaining a strong position heading into the weekend. She is contending once again, drawing significant fan support despite a late mistake in her opening round.

Entries have officially opened for the KPMG Irish Independent Property Industry Excellence Awards, scheduled for 2026.

The tee times and groupings for Thursday's opening round of the 2026 KPMG Women's PGA Championship at Hazeltine National Golf Club have been released.

Lexi Thompson has withdrawn from the KPMG Women's PGA Championship, marking her first absence from the event in nearly two decades, following an injury.

Pakistan's Privatisation Board has approved the restructuring of FESCO (Faisalabad Electric Supply Company) and declared a consortium led by KPMG, in partnership with Bridge Factor and others, as the preferred entity.

Australian lawmakers, while questioning KPMG, have indicated that increased regulation of the audit industry may be necessary.

Consulting giant KPMG has been cleared by the Ministry of Employment in the 'massimuija' case, which involved a tax advisor selling services to wealthy individuals. The ministry found no wrongdoing by KPMG in the matter.

KPMG, another 'Big Four' auditing firm, is under scrutiny for data misuse, further eroding trust in the industry after the recent PwC scandal in Australia.

A report by KPMG on the benefits of artificial intelligence has been found to contain AI-generated hallucinations, leading to significant embarrassment for the firm. This incident highlights the challenges and pitfalls of relying on AI for content generation.

The Dutch benefits agency UWV has initiated an investigation into its internal work culture following reports of a culture of fear. External consultancy KPMG will conduct the probe, with findings expected by the end of the year, as confirmed by a spokesperson.

A KPMG report indicates that Europe has reached its highest level of illicit cigarette consumption in the past decade, with Romania's contraband and counterfeiting rates at 6.9%, resulting in losses of 324 million euros.

KPMG Australia's Chief Operating Officer has resigned following allegations of client data misuse. The departure comes as the firm faces scrutiny over its handling of sensitive information.

Andrew Yates, the CEO of KPMG Australia, has resigned from his position following a whistleblower scandal, prompting leadership changes within the firm.

The CEO of KPMG has resigned following the eruption of a whistleblower scandal, indicating significant internal issues within the firm.

KPMG has announced the establishment of an Artificial Intelligence Centre of Excellence in Singapore, aiming to advance AI capabilities and solutions in the region.

KPMG Cyprus announced that the country's technology sector has doubled its economic impact, now contributing €11.9 billion and becoming one of the strongest engines of growth.

KPMG has announced a partnership with Anthropic to integrate and deploy the Claude AI across its firm, aiming to leverage advanced artificial intelligence capabilities.

According to KPMG, the credit market experienced a significant boost in the first quarter, largely attributed to a surge in 'megadeals'.

Centerra Gold shareholders voted to approve the proposed board slate, the appointment of KPMG as auditors, and the company's executive compensation at their annual meeting.

KPMG has introduced a new dashboard that allows its consultants to monitor how frequently their colleagues use artificial intelligence tools. This initiative aims to encourage competition and accelerate AI adoption across the firm.

KPMG is implementing job cuts as it faces a slowdown in demand for advisory services and a reduction in federal audit work.

Leaders from EY, PwC, and KPMG, collectively known as the Big Four professional services firms, are integrating AI tools into their workforces, sharing insights on its practical applications.

KPMG has cut approximately 400 consultants, representing 4% of its US advisory division workforce, due to a slowdown in demand for services related to regulatory risk, customer operations, and financial services.

Audit firms have achieved record revenues, though the pace of growth is decelerating. PwC, KPMG, and EY continue to hold the top positions in the industry.

Commerce Bancshares announced the election of directors, ratification of KPMG as auditors, and 91% shareholder support for its say-on-pay proposal at its Annual General Meeting.

KPMG Greece and the Greek Human Resources Management Association (SDADE), supported by the American College of Greece, are organizing the 2nd AdvantAge Career Day, aimed at raising awareness for experienced professionals aged 50 and above.

KPMG Fiji has announced the expansion of its team with the appointment of two new partners.

KPMG has been cleared by the UK watchdog regarding its audit of gambling group Entain, a decision seen as a boost for the Big Four firm's efforts to repair its reputation.

KPMG is reportedly planning to shed hundreds of roles within its audit division.

Big Four firm KPMG plans to cut almost 600 jobs in its UK advisory business as the company and its rivals struggle to regain footing despite previous headcount and cost reductions.

Tether has secured KPMG, a Big Four auditor, to conduct a full transparency review of its USDT stablecoin, directly addressing ongoing solvency and backing concerns amid a U.S. expansion push. This move follows previous analyses exploring the gold price threshold at which USDT could face balance-sheet insolvency.

Namrata Yadav left her consulting job at KPMG and moved to India to follow her passion for writing and poetry, expressing a desire for a life beyond just weekends.

Several prominent UK employers, including KPMG and Harvey Nichols, have been identified as having paid less than the national minimum wage, prompting increased enforcement by the government.

KPMG is launching an awards program that offers cash bonuses to staff members who develop breakthroughs and innovations using artificial intelligence.

CEOs say that AI hype might have been too much in the past year, but that its true impact and "disruptive potential" over the next five to 10 years is likely underappreciated. Momo Takahashi, Business Insider 100 CEOs of large US companies shared their AI spending and hiring plans with KPMG. They said they expect to invest in AI despite concerns that the tech has been overhyped. Cybersecurity topped the list of CEOs' worries, in part due to AI. After a lot of big talk about AI, CEOs say the...

Portugal is aligning with other European countries in its technological ambitions, though a KPMG partner notes that the main challenges are scaling with existing talent and the technological maturity of Portuguese companies.

KPMG has appointed Tola Adeyemi as the new KPMG Africa CEO, effective March 2026, to strengthen its leadership and commitment to growth on the continent. Read More: https://punchng.com/kpmg-appoints-adeyemi-african-ceo/

A KPMG Australia partner was fined $7,000 for using AI to cheat on an internal AI training course, highlighting concerns about ethical AI use within professional settings.

A KPMG partner has been fined for using AI to pass an internal exam, part of a broader trend of staff members at the accounting firm being caught using the technology for tests.

Stablecoin issuer Tether has announced that KPMG US has completed an audit of its 2025 financial statements. This audit aims to provide transparency and assurance regarding the company's financial health and reserves.

KPMG has issued an apology to a whistleblower as the firm faces a parliamentary inquiry investigating ethical failures and audit leaks.

Consulting and auditing firm KPMG is introducing new training methods for its interns, including 'star races' and 'crime puzzles,' to foster critical thinking as career paths evolve.

Major consulting firms including PwC, EY, and KPMG have retracted AI-generated research papers and reports after discovering AI hallucinations, fabricated footnotes, and flawed citations.

KPMG and OpenAI have formed a partnership aimed at developing AI-native enterprise systems, leveraging artificial intelligence for business solutions.

KPMG Australia has announced the appointment of a new Chief Executive Officer, marking a leadership change for the firm.

The Pakistani government is contemplating a daily review of oil prices, following a KPMG study that warned of potential price shocks, prompting committee action on the issue of Hormuz closure.

Η KPMG στην Ελλάδα ολοκλήρωσε με επιτυχία την εκπόνηση του «Εθνικού Στρατηγικού Σχεδίου Εξωστρέφειας 2026–2030» σε συνεργασία με το Υπουργείο Εξωτερικών και την Γενική Γραμματεία Διεθνών Οικονομικών…

KPMG Australia has appointed its first independent chair as part of ongoing governance reforms. This move aims to enhance oversight and accountability within the firm's leadership structure.

According to an analysis by KPMG Cyprus, Paphos is evolving into a dynamic business and investment hub, with its economy now complemented by real estate, education, technology, and professional services, moving beyond its traditional reliance on tourism.

A KPMG executive has described a recent tie-up with AI company Anthropic as a 'step change,' indicating a significant advancement or transformation resulting from the collaboration.

Ina Yoon opened the Women's PGA Championship at Hazeltine with a record-tying 63, taking an early lead. Nelly Korda also began her tournament with a 2-under 70, as the event features the largest purse in women's golf history.

A two-night study trip to Vienna for Helsinki municipal politicians cost 52,000 euros, with consultant company KPMG charging 17,000 euros for the arrangements.

KPMG Australia's chair and several senior partners are set to depart the firm following an audit scandal, with plans to appoint an independent chair as part of an 'action plan'.

Microsoft is enhancing its enterprise AI channel by collaborating with KPMG, aiming to expand its reach and capabilities in the business AI sector.

KPMG has admitted to a breach of ethics, revealing that its staff leaked confidential Optus information and surveilled a whistleblower's laptop during a bid for a telco contract.

The KPMG Australia scandal is intensifying with further scrutiny and reckoning in the Australian Parliament.

Nigeria's communications regulator, the NCC, has initiated a comprehensive review of telecom pricing, engaging KPMG to reassess tariffs and ensure fair competition. This marks the first such reassessment in eight years.

KPMG has retracted its recent study on agentic AI after researchers identified significant issues, including AI hallucinations and fabricated citations within the report. The firm pulled the report due to these apparent inaccuracies.

A new KPMG study, conducted for Philip Morris International (PMI), indicates that Montenegro recorded its lowest level of illegal cigarette consumption in 2025 since market tracking began.

Customer Experience Professionals Ghana (CXP Ghana), in collaboration with KPMG Ghana, has officially launched the 2026 Ghana Customer Experience Excellence (CXX) Awards.

KPMG's global leadership reportedly declined to investigate whistleblower allegations in Australia, drawing international executives into a scandal that has already led to the resignation of top executives in the country.

KPMG is reportedly facing its first significant client loss in the wake of a whistleblower scandal, indicating potential repercussions for the firm.

Romana Benešová, formerly with KPMG and Kaprain, will lead the Institute of Clinical and Experimental Medicine (IKEM) in Prague starting in June, as current director Helena Rögnerová returns to the Ministry of Health.

A KPMG report indicates that Greek shipping maintains its global leadership position while entering a new period of transformation characterized by increasing demands and enhanced investment activity.

KPMG is implementing a unified strategy to tackle two major challenges posed by artificial intelligence for the Big Four consulting firms, aiming to navigate the evolving technological landscape.

A bestselling author hailing from Galway has been awarded a prestigious prize at the KPMG Children’s Books Ireland Awards, recognizing their significant contributions to children's literature.

The Cypriot deputy ministry of social welfare has signed an agreement with KPMG to modernize the organization and operations of its social welfare services, following an open tender process.

According to a KPMG report, the global private equity market experienced a subdued start in the first quarter of 2026, with a focus on large and strategic deals.

Shareholders of Baytex Energy have elected the company's board of directors and approved KPMG as auditors, along with executive pay, during their annual meeting.

KPMG in Greece held its 'Accelerating Crete Forum' in Heraklion, Crete, attracting over 150 participants to discuss empowering business, innovation, and strategy on the island.

Student housing startup MyStudentFlat has achieved several milestones, including a strategic partnership with UNIPLACES, winning the NBG SEEDS StartUp Bootcamp, and securing participation in the 2026 KPMG StartUp Innovation Lab.

KPMG has cut approximately 400 consultants from its US advisory division, representing 4% of the team, due to a slowdown in demand for services related to regulatory risk, customer operations, and financial services.

Selective Insurance Group marked its 100th anniversary with shareholders approving directors, executive pay, and KPMG as its auditor.

Medium-sized auditors are gaining ground in the stock exchange segment, with KPMG and PwC tied for first place, Grant Thornton in second, and UHY ECA making an impressive leap to third.

Several companies, including Rambus, Parke Bancorp, Nutex Health, and Littelfuse, recently held their Annual General Meetings. During these meetings, shareholders reelected directors, ratified independent auditors, and approved executive compensation proposals.

KPMG is set to cut approximately 10% of its US audit partners after voluntary retirement schemes failed to yield desired results.

KPMG announced plans to cut 10% of its U.S. audit partners, following an insufficient number of voluntary retirements, as the firm adjusts its workforce.

The Fijian government has appointed KPMG to lead the search for a new Permanent Secretary for Health. This move aims to find a qualified candidate to fill the crucial leadership role within the health ministry.

A new survey by KPMG reveals that one in 10 consumers now choose second-hand items, with those earning between £30,000 and £35,000 being the most active on resale platforms.

KPMG is facing serious allegations regarding a purportedly flawed audit that contributed to a collapse in the private credit sector, according to reports from Bloomberg.

KPMG UK is set to cut nearly 600 roles in its audit division and approximately 120 in advisory services, citing challenging market conditions and unusually low staff turnover as reasons for the proposed redundancies.

KPMG has announced plans to cut jobs within its UK auditing division.

Tether, the world's largest stablecoin issuer, has officially engaged KPMG as its auditor and PwC to prepare its internal systems, marking its first-ever financial audit as it signals a move towards US expansion.

In a rapidly changing business environment, strategic guidance and organizational flexibility are crucial for sustainable growth and competitiveness, as discussed by Despina Papachrysanthou, Partner, Transformation & Operations at KPMG.

KPMG US is launching a pilot intern program at its Lakehouse facility in Florida, shifting focus from technical skills to critical thinking and problem-solving for the AI era.

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KPMG has reportedly selected Gary Wingrove to serve as its next global Chief Executive Officer.

KPMG, in collaboration with various stakeholders, is leading a crucial debate on the importance of digital infrastructure and achieving universal connectivity.

Festival confirmed writer and academic would appear in two sessions in 2026 following disinvitation from Adelaide event Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Global accounting giant KPMG has distanced itself from the Sydney writers’ festival, requesting its name be removed from the event’s website where it was listed as a corporate partner. The move follows the festival scheduling Palestinian Australian academic Randa Abdel-Fattah to speak at two sessions in this year’s event. Continue reading...

A KPMG partner in Australia was fined A$10,000 for using artificial intelligence to cheat on an AI training test, part of a broader issue where over two dozen staff were caught using AI in exams.

Tether has announced the completion of an independent audit of its reserves by KPMG, aiming to provide greater transparency and assurance regarding its stablecoin's backing. This audit is a significant step in addressing concerns about the company's financial stability.

A KPMG study reveals that 49% of executives have reduced their investment in AI agents, citing that the costs outweighed the benefits, indicating a rephasing rather than a complete retreat from AI.

Vita Šumskaitė, a partner and tax consultant at KPMG Lithuania, provided commentary on the new head of the State Tax Inspectorate (VMI) and the positive signal sent to the Lithuanian market.

KPMG's Tax Partner, Justina Amartei-Kwei, recommended a phased approach for implementing tax reforms outlined in Ghana's Mid-Year Budget, emphasizing clear technical standards and reasonable transition arrangements.

Roots Corporation shareholders have elected the full board of directors and reappointed KPMG as the company's auditor during their annual general meeting.

KPMG Australia has imposed fines of up to $126,000 on staff members for "unacceptable" misconduct related to an audit scandal, signaling a crackdown on ethical breaches within the firm.

At its annual meeting, Planet Labs PBC shareholders voted to back the company's directors, approve KPMG as its independent auditor, and endorse the proposed executive compensation plan.

KPMG has appointed Michael Ebeid as its new chair, an individual who previously claimed leak allegations were 'completely false' and called a senator's actions 'inappropriate,' drawing criticism from a Greens senator.

Analysis by KPMG reveals that Australia's national mortgage burden is now heavier than it was in 1989, a period when interest rates reached 17%, challenging claims that older generations faced greater housing affordability struggles.

Nelly Korda is six shots behind leader Ina Yoon at the midway point of the KPMG Women's PGA Championship, as she continues her bid for a third consecutive major title. She maintains a strong position after a fast start, drawing significant fan support.

Tee times, broadcast information, and a full schedule with TV and live stream details have been released for the 2026 KPMG Women's PGA Championship at Hazeltine.

Golfer Lottie Woad humorously described moving past a recent putting mistake, now focusing on the KPMG Women's PGA tournament after being disappointed by her previous finish.

KPMG Australia is reportedly facing scrutiny regarding allegations of misusing confidential information obtained from Optus, a major telecommunications company.

SEAT & CUPRA, MediaMarkt, Areas, Vueling, and KPMG analyzed how they are transforming their organizations to compete in an increasingly complex and changing environment, focusing on AI, talent, and resilience.

KPMG Australia faced accusations of fostering a 'culture of fear and retribution' during a bruising Senate hearing, where a former head of audit admitted the firm accessed a whistleblower’s laptop.

The president of KPMG suggests that Brazil should leverage Portugal as an ideal platform for Brazilian companies to expand and conquer the European market.

A new report details the lucrative starting salaries offered to new college graduates by leading consulting firms such as Bain, BCG, McKinsey, Accenture, and EY, with some exceeding $100,000 base pay.

KPMG has retracted its global 'Excellence in Agentic AI' report following complaints from several organizations, including UBS and the NHS, that their featured achievements were fabricated by AI 'hallucinations' not caught by human staff.

A report by KPMG for Philip Morris International indicates an upward trend in illegal cigarette consumption in Cyprus.

The Global Tech Innovator program is assisting Portuguese startups in accelerating growth, attracting investment, and gaining visibility, as discussed with Vasco Mendes of KPMG Portugal.

Greece has been identified as the leading country in the EU-27 for reducing the consumption of illicit cigarettes, a trend projected to continue into 2025. This achievement was highlighted in a report by KPMG.

Canada's economy unexpectedly contracted for a second straight quarter, sparking debate among analysts over whether the country is in a technical recession, with some experts noting the situation is not favorable.

Andrew Yates, the CEO of KPMG Australia, has resigned from his position following a whistleblower scandal. The resignation comes after allegations surfaced regarding the firm's conduct.

KPMG is actively seeking to partner with or invest in Silicon Valley AI start-ups. The firm aims to address potential threats to its traditional Big Four business model posed by these disruptive technologies.

KPMG has announced an exclusive partnership with AI safety and research company Anthropic to integrate its technology into KPMG's global tax and advisory platforms, aiming to enhance services through artificial intelligence.

KPMG has announced a partnership with Anthropic, a leading AI safety and research company, to embed its Claude AI model into KPMG's Digital Gateway platform. This collaboration aims to enhance KPMG's digital services with advanced AI capabilities.

KPMG US is piloting new simulation software to train its tax professionals, aiming to help them develop critical tax judgment skills. This initiative comes as artificial intelligence increasingly handles routine tax preparation tasks, shifting the focus to more complex advisory roles.

Andrzej Gałkowski, the new managing partner of KPMG in Poland, discussed how AI is transforming the audit landscape. He emphasized that while AI changes the process, it does not absolve auditors of responsibility, highlighting the interconnectedness of business transformation, cybersecurity, and regulatory changes.

KPMG's advisory division has introduced an AI dashboard for its 10,000 US employees to encourage more frequent and sophisticated use of artificial intelligence, aiming to improve work quality and reduce stress.

PBF Energy conducted its virtual annual meeting, where directors were elected, KPMG was ratified, and a pay and equity plan received approval.

KPMG has confirmed layoffs affecting approximately 400 employees in its US Advisory division, a move attributed to strategic restructuring and evolving demand in consulting services.

KPMG has announced its decision to cease its US federal audit work following the loss of a significant contract with the Pentagon. This move marks a strategic shift for the accounting firm in its public sector engagements.

Marta Zemka, partner and head of audit at KPMG in Poland, states that while technology organizes data and documentation, the final conclusions and professional judgment remain the responsibility of the auditor.

At Northern Trust's annual meeting, shareholders voted to elect directors and approved both the company's say-on-pay proposal and the ratification of KPMG as its independent registered public accounting firm. These decisions were made during the routine corporate governance event.

Move is a departure from the practice of simply asking underperforming senior partners to retire

A KPMG study indicates that 40% of people in the Netherlands are significantly worried about immigration levels and the ongoing housing shortage, with over half also concerned about the rising cost of living.

A KPMG survey reveals that nearly a quarter of Hong Kong companies plan to widely adopt AI this year, a threefold increase from last year, with many business leaders anticipating reduced headcounts as a result.

KPMG US has launched a pilot program aimed at transforming tax professionals into hands-on software builders, where tax experts collaborated with technical staff to develop software using 'vibe coding' over a six-week period.

PwC, KPMG, and EY have withdrawn from the ABBL (Luxembourg Bankers' Association) due to a dispute over its contribution structure, which the association has defended.

The All India Football Federation (AIFF) has brought clubs into the evaluation process for a long-term commercial partner, with KPMG set to scrutinize the feasibility of bids made.

KPMG is reportedly planning to eliminate hundreds of jobs within its auditing division as part of a restructuring effort.

Stablecoin giant Tether has reportedly signed KPMG to conduct an audit of its substantial $184 billion operations, signaling a move towards increased transparency.

Big Four firm KPMG is actively developing and implementing strategies to protect its operations from the potential risks posed by autonomous AI agents, addressing concerns about AI overriding controls.

KPMG's US advisory division has launched the 'AI Spark Innovation' awards, offering substantial cash prizes to consultants for demonstrating scalable AI applications.

KPMG in France has decided not to replace its employees with artificial intelligence, a stance that contrasts with many of its competitors. The company's HR director views AI as an accelerator for human work rather than a substitute.

KPMG has selected Gary Wingrove, former Australia boss, to be its next global chief, beating out UK boss Jon Holt for the international leadership role.

KPMG and other stakeholders in Senegal are engaging in a crucial debate regarding digital infrastructure and universal connectivity, highlighting its importance for the nation's development.

KPMG Australia has reportedly penalized a partner for misusing artificial intelligence, highlighting growing concerns over AI governance in professional services.

A KPMG partner has been fined A$10,000 for using artificial intelligence to cheat on an internal AI training test, part of a broader issue of staff using AI in exams.