KPMG Lower Gulf Audit quality journey

Welcome to KPMG Lower Gulf's Audit Quality Journey Report. This report provides an overview of our audit quality transformation journey over the past few years.

Audit lies at the heart of our firm, and we have always been committed to conducting high-quality audits, prioritizing public interest, and adhering to the highest ethical standards. Over the past few years, we have significantly expanded our team of audit professionals, strengthened our governance, refined our audit tools, and improved our monitoring and measurement systems. All these measures have been reflected in our audit quality inspections and, more importantly, have enabled us to earn the trust of a wide variety of stakeholders and the broader society.

We are confident in the foundations of audit quality that have been reinforced through the Audit Quality Transformation Program. As we look to the future, we are well-prepared to navigate the challenges that lie ahead, including the constantly evolving audit and regulatory landscape, the emergence and development of Artificial Intelligence (AI), and the growing importance of Environmental, Social, and Governance (ESG) considerations. We remain committed to the excellence of the audit work we are doing together for a better future, as our audit quality journey continues.