Message from our Managing Partner
I am delighted to provide an update on our business in the 2023 KPMG Transparency Report and share more about how we are continuing to invest in quality across the organisation to ensure we retain our trusted relationships.
As the world evolves at pace our clients continued to look to KPMG for support and advice during 2023. I am very proud that our business has shown another strong year of growth.
Business leaders today face a range of complex challenges integrating brand new technology, a shifting geopolitical landscape, the climate crisis and economic uncertainty. Our clients and stakeholders know that they can trust us as their needs evolve.
Our Purpose
Our purpose ‘to inspire confidence and empower change’ is more relevant and important than ever. This purpose guides our plans and our actions and ensures our social responsibilities are a top priority when making business decisions and setting our strategic direction.
As a firm, we are focused on measuring, being accountable for and improving our Impact and I am delighted to share our 4th Impact Report alongside this Transparency Report.
Our People & Future of Work
We are a people business, and our long-term success is dependent on attracting, rewarding and retaining the best people. We continue to invest in growing our headcount, welcoming 687 talented people to the team in 2023. These specialists receive the latest training and mentoring to ensure they have the competencies, to appropriately fulfill their role at KPMG.
The way in which people work continues to evolve and our focus is ensuring we are set up so that our people get the very best experience working for KPMG and in turn that they can bring their best selves to help our clients.
This is a particularly relevant and exciting topic for us as we design our new headquarters on Harcourt Street in Dublin which will provide a focal point for our people to come together in one of the most innovative, sustainable and interactive offices in the city.
Our Investments
We have also invested in the latest tools and technology to ensure we stay ahead of the curve. AI, and particularly GenAI, is at the forefront of every business leader’s agenda today, with all companies working hard to understand how it can enable greater success in the future.
We have invested significantly, both locally and globally, in our technology platform to enable AI tools to be leveraged and we are working closely with our technology partners, including our global partnership with Microsoft, to design tools that can best meet the needs of our clients and our business.
Audit at the core
Our audit business is always at the core of our firm. Audit quality remains the highest priority at KPMG to ensure we maintain public trust. KPMG firms have taken a consistent risk-based approach to their System of Quality Management to drive audit quality and meet the requirements of the International Standard on Quality Management (ISQM1).
We understand the magnitude of our responsibility to all of our stakeholders including our clients, the regulators and investors and we take great pride in our relentless focus on quality which you will hear more about from Emer McGrath, our Head of Audit in section 2.
I trust that the information provided in this Transparency Report demonstrates that maintaining our focus on quality is critical to our business as well as recognising our important public interest responsibilities. I remain available and happy to engage with and discuss our business with any of our stakeholders.
Seamus Hand
Managing Partner
30 April 2024
Download our reports
Previous reports
- KPMG Transparency Report 2022 (PDF, 5.3MB)
- Impact Report 2022 (PDF, 9MB)
- KPMG Transparency Report 2021 (PDF, 8.2MB)
- Impact Plan 2021 (PDF, 5.8MB)
- Impact Plan 2021 appendix (PDF, 4.2MB)
- KPMG Transparency Report 2020 (PDF, 2.1MB)
- KPMG Transparency Report 2019 (PDF, 11MB)
- KPMG Transparency Report 2018 (PDF, 1.0MB)