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  1. KPMG spies app fatigue in accounting

    counterproductive and are sparking scepticism and fatigue in accounting circles, according to KPMG. Research from Deloitte last year shows apps lead the way when it comes to core business and social behaviours like networking, with 79 per cent of mobile...

  2. KPMG snags another marketing heavyweight

    of such a dynamic business in a rapidly evolving environment is energising and I can’t wait to start making an impact.” Just last month, KPMG CBMA announced the acquisition of customer experience innovation consultancy, UDKU. The acquisition follows a...

  3. KPMG shakes up retirement age policy

    by the big four that force partners out of the door earlier than they might want to. KPMG launched the review in August last year, but stood by it as recently as the month before, saying that partners are aware of the clause when they join and are...

  4. KPMG responds to ‘large scale tax fraud’ conducted by former employee

    Last week, an AFP and ATO raid unearthed that a former KPMG manager had allegedly “orchestrated a large scale tax fraud”, raking in $1 million in fraudulent tax refunds. As previously reported by Accountants Daily, a raid by the ATO and Australian...

  5. KPMG repays COVID-19 pay cuts on the back of solid FY20 results

    for four months running from May to August, with equity partners seeing a 36 per cent reduction. “This performance in the last three months of FY20 means we are pleased to be able to repay one-third of employee salary reductions in May and June 2020....

  6. KPMG ramps up fintech moves

    of KPMG Australia, and follows the successful Energise accelerator run for the energy and natural resources sector last year. It has been designed to help mutual banks and credit unions and their members gain access to leading fintech innovators. It...

  7. KPMG pinches tax partner from rival big 4 firm

    tax, advisory and compliance services, has been appointed as lead tax partner at KPMG South Australia. Mr Lanzilli spent the last 13 years working at Deloitte as tax partner advising a broad range of clients, including the property and mining industries...

  8. KPMG offers COVID-19 ‘thank-you payment’, repays portion of salary cuts

    better-than-expected half-year figures would enable it to repay staff pay cuts introduced during the height of COVID-19 last year. The big four firm’s staff saw a 20 per cent pay cut for four months running from May to August 2020, but the firm...

  9. KPMG marks further outer suburbs expansion

    growing their presence in the area. Deloitte is the largest, located in Parramatta and Norwest Business Park. Also, in June last year, PwC announced that about 200 staff would be relocated to the Western Sydney University Parramatta campus. It also has...

  10. KPMG locks in 62 new partners for FY17/18

    executive Gary Wingrove. The majority of appointments were made in the advisory division where 37 new partners were named. Last year, this division generated approximately 50 per cent of KPMG’s revenue. A further 26 were assigned to the firm’s...

  11. KPMG grows revenue 16% to hit $2.3bn

    consulting businesses. KPMG has rebounded from the pandemic with revenue up 16 per cent – compared with 9 per cent growth last year – and overall profitability up 8 per cent. KPMG chief executive Andrew Yates said that the firm had achieved record...

  12. KPMG flags damage done by backflips on super tax

    in the federal budget, it is a relief that there is now some certainty on the government’s superannuation plans. “For the last five months there has been considerable uncertainty in the industry, which has damaged public confidence,” Mr Howes said. “The...

  13. KPMG expands offering through acquisition

    I can’t wait to take what we’ve done to all KPMG clients,” said Mr Boele. This acquisition is the eighth made by KPMG in the last 18 months as the firm looks to expand its service offering to meet changing client demand. The firm’s recent acquisitions...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  14. KPMG expands into Greater Western Sydney

    KPMG has recruited a former Deloitte Private senior partner to lead a new office in western Sydney. Announced last week, KPMG will open a new practice in Parramatta relocating around 30 partners and staff for the opening. The office will be led by...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  15. KPMG credits royal commission fallout for strong FY19 results

    has announced a 9 per cent increase in revenue to $1.78 billion, for the 12 months to 30 June 2019, up from $1.64 billion last year. KPMG chief executive Gary Wingrove said key contributors to the growth included supporting financial services clients...

  16. KPMG continues start-up program for energy sector

    innovative start-ups in the energy and natural resources sector with industry leaders who can help fund their projects. Last year the program saw $650,000 in capital delivered to eight Australian start-ups. According to KPMG, the 12-week program is...

    • Type: Article
    • Author: Reporter
    • Category: Business

  17. KPMG confirms 4% pandemic bonus

    repaid one-third of the May and June cuts. KPMG then moved to repay half of the July and August 2020 cuts at the end of last year, before returning a further portion in February. The firm saw a 7 per cent increase in revenue to $1.9 billion last year,...

  18. KPMG caught using secret ‘power maps’ to secure Canberra contracts

    Senators blasted KPMG's CEO for lying and breaching public trust after he denied his firm targeted officials based on their influence and relationship. KPMG CEO Andrew Yates has denied claims from senators that he lied about making “power maps”...

  19. KPMG boss speaks on gender equality ‘backlash’

    to because she’s a high performer,” chief diversity and inclusion officer at PwC, Julie McKay, told Accountants Daily last year. Initiatives like KPMG’s sponsorship program are producing good results for the firm despite some internal resistance, Mr...

  20. KPMG books $1.9bn revenue in FY21

    year before, and a 19 per cent increase in profitability. Partner profits were up as well, 17 per cent higher than they were last year, even after the firm offered “thank you” payments to staff after they’d suffered a pandemic-induced salary reduction...

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