KPMG Is Sued Over New Century

The trustee overseeing the bankruptcy of subprime lender New Century Financial Corp. filed suit against its auditor, KPMG LLP, claiming that "reckless and grossly negligent audits" helped accelerate the firm's collapse two years ago.<p>The lawsuits filed Wednesday said that specialists at KPMG tried …

The City

British lawmakers call for probe of Lloyds, KPMG over HBOS fraud | Reuters

(Reuters) - A group of British lawmakers on Thursday called for an investigation by law enforcement and regulatory agencies into the handling by Lloyds Banking Group (LLOY.L) of a fraud at its HBOS Reading unit more than a decade ago and into the role of auditor KPMG.<p>FILE PHOTO: A pedestrian passes …


Sweden’s Jenny Haglund accepts special exemption to the 2018 KPMG Women’s PGA Championship

<b>Kildeer, Illinois (June 23, 2018)</b> – Jenny Haglund of Sweden has accepted a special exemption to compete in the 2018 KPMG Women’s PGA Championship, …


New Century liquidators sue KPMG for $1bn | Financial Times

KPMG is being sued for $1bn by the liquidators of New Century, the collapsed subprime lender, in the first big case against an auditor arising from …


Former execs claim R30m from KPMG

Thanduxolo Jika is an investigative Journalist and Co-Author of We are going to kill each other today:The Marikana Story. The Messiah of Abantu. Read …

South African Politics

Former execs sue KPMG for R30 million each: report

Two executives that resigned from auditing firm KPMG in the wake of the group’s VBS scandal are now seeking R30 million each from their former …

The City

KPMG bosses might have to swap Porsche Cayennes for Toyota Yarises - FT

The Financial Times hints that well-paid KPMG professionals should start thinking about downgrading their luxury cars in anticipation of a fall off …

Luxury Lifestyle

Event guide: KPMG Women's PGA Championship

<b>What:</b> KPMG Women’s PGA Championship.<p><b>When:</b> Charity events and practice rounds Tuesday-Wednesday; tournament rounds Thursday-Sunday.<p><b>Where</b>: Kemper Lakes Golf Club, 24000 N. Old McHenry Rd. in Kildeer.<p><b>Course info:</b> Par 72, 6,741 yards.<p><b>Purse:</b> $3,650,000.<p><b>Tickets:</b> $15-35 depending on the day, or $79 for …


MPs press for a probe into KPMG over HBOS Reading

A group of MPs has ramped up pressure on the accountancy watchdog to probe KPMG over allegations about its role in the HBOS Reading fraud scandal.<p>The …


Phil Mickelson joins to compete in skills challenge at Women's PGA Championship

<b>WHAT:</b> Kicking off the week of the 2018 KPMG Women’s PGA Championship, KPMG will host an interactive event benefiting local youth at Chicago’s …


ROB ROSE: Is this KPMG’s worst scandal yet?

Disturbing revelations of ‘fictitious transactions’ from inside VBS Mutual Bank suggest that this debacle may be KPMG’s worst scandal yet<p>BL PREMIUM<p>21 …

The City

KPMG won BBVA audit with stolen data about rival’s inspections

An auditor was able to use access to confidential regulatory inspection data to get advance knowledge of its own inspections and also poach a …

Ernst & Young

As London contemplates an auditing Big Three sans KPMG, in SA it’s already here

<b>By Alec Hogg</b>A lot has gone down in the eight months since Nhlamu Dlomu accepted the job to run the South African office of KPMG. The first non-CA in …

South Africa

LISTEN: Suspended tax boss Tom Moyane tells SARS man to fake illness ahead of KPMG meeting

Kyle Cowan<p>News24 can today publish the recording of a telephone call during which suspended SARS boss Tom Moyane instructs an employee of the service …

South African Politics

Pressures build after KPMG steers off course | Financial Times

KPMG’s hopes of turning around a bruising year were knocked back again this week after the “Big Four” accounting firm found itself having to answer …

The City

Moyane tells Sars man to pull a 'sickie' ahead of KPMG meeting


Inspiring Speakers at KPMG Women’s Leadership Summit

PyeongChang Olympic U.S. Women’s Ice Hockey gold medalist Hilary Knight, who is an advocate for women in sports, will be among the speakers at the …

The City

From the Editor's Desk: Looking back at SA's history and forward at KPMG's future

This week, Alec Hogg shares the story of the famous Liliesleaf Farm in Rivonia, the site where Nelson Mandela was arrested. We also discuss the …

South Africa

Bell Pottinger worked for Guptas because they passed the KPMG 'sniff test' - New Yorker

Although Bell Pottinger employees were worried about the involvement of the company in Gupta activities, the firm continued to work for the corrupt. …

Bell Pottinger

The auditor of Citi, Credit Suisse and Deutsche Bank was tipped off before regulatory inspection

Fixes story to reflect that Air Products and Chemical was not one of the issuers involved.<p>The auditor of some of the world’s largest banks including …


The Six Pillars Of Customer Experience | The Great Rewrite

What is this?<p>Forbes BrandVoice® allows marketers to connect directly with the Forbes audience by enabling them to create content – and participate in the conversation – on the Forbes digital publishing platform. Each BrandVoice is produced by the marketer. Learn more about BrandVoice, or contact us …

Customer Experience

The KPMG Women’s Leadership Summit aims to empower the next generation of women leaders

Don’t miss the 2018 KPMG Women’s Leadership Summit<p>While 2017 saw the highest number of women CEOs at the helms of Fortune 500 companies, the grand total still clocked in at a mere 32 names – just 6.4 percent of the total list. More recent examinations of S&P 500 companies suggest that women account …

Women Leaders

Six Things Companies Can Do To Help Women Rise To The Top

Women today account for only 5.2 percent of the CEOs of S&P 500 companies and slightly more than 21 percent of their board seats.<p>Why have these percentages remained virtually unchanged over the past several years? It’s not due to a lack of desire. A recent KPMG study found that the majority of …

The City

Insurance firms eye M&A and partnerships for growth: KPMG

Looking for acquisitions to transform their firm for the future

Investing (Canada)

2018 KPMG Women’s PGA: Mariah Stackhouse Mentoring

KPMG ambassador Mariah Stackhouse proudly reveals her roles on and off the course at the KPMG Women’s PGA Championship.


BT prepares for rebellion over KPMG audit switch


Breakingviews - KPMG wrist-slap shows auditors are too few to fail | Reuters

LONDON (Reuters Breakingviews) - By the UK accountancy regulator’s timid standards, criticism that big audit firms “must act swiftly” to improve the quality of their work is a sizeable rebuke. The power to impose larger fines adds extra heft to official censure. Still, it does nothing to solve the …


Big Four accountancy firms dubbed a ‘cancer’ after KPMG lashing by regulator

AN industry expert today accused “culturally deficient” Big Four accountants of spreading a “cancer” through corporate Britain in the wake of a …

The City

KPMG: the weakest link | Financial Times

Lenin said he supported social democrats “like a rope supports a hanging man”. The UK’s Financial Reporting Council has elevated KPMG’s UK business …

The City

These 2 Texas companies rank among the brands America loves most

Two Texas companies are among the most trusted in the U.S. A new study shows San Antonio-based financial services provider USAA and grocery chain …

Customer Experience