This report illustrates how KPMG in the Cayman Islands upholds our professional responsibilities, outlines our firm’s structure, governance and approach to quality control, and articulates the innovative ways we maintain a relentless focus on audit quality.
KPMG in the Cayman Islands has developed its strategy, fully aligned with KPMG’s Collective Strategy of Trust and Growth, with an aim to be the most trusted and trustworthy professional services firm. Delivering quality audits is a strategic imperative that requires building and maintaining a quality centric culture where our leaders are held accountable and our people are trained and developed and ultimately rewarded for meeting this goal. We measure our people’s engagement in this and other areas through our Global People Survey.
Our culture is underpinned by Our Values which guide our actions and behaviors. The KPMG’s Global Code of Conduct defines who we are and how we will act and everyone at KPMG is expected to follow it.
In performing high quality audits, we draw upon a wide range of specialist skills both within our firm and throughout the KPMG network. We are investing and equipping our people with leading technology through our “smart” audit platform, KPMG Clara and related technologies. The platform brings our powerful data and analytical capabilities into one interface with the ability to integrate new technologies such as artificial intelligence and machine learning.
This year, our “normal” was and continues to be disrupted by the COVID-19 pandemic. Our people are at the heart of our business and supporting their wellbeing remains a top priority during challenging times. This means assessing and readjusting our systems, work environments and how we work to meet our strategic imperative of audit quality and delivering excellence in client service.
Together, we have demonstrated our ambition while growing our market share – all of which is underpinned by our Global Collective Strategy. Our behaviors and how we work together are shaped by our purpose and framed by our refreshed values of Integrity, Excellence, Courage and Together for Better. In addition, KPMG’s new Global Quality Framework outlines how every partner and employee contributes to delivering high-quality audits. We recognize creating the right environment requires strong governance and practice management standards which allows us to achieve greater levels of consistency and accountability across our organization. Quality is the bedrock of our profession, and our common set of Values, standards and service level expectations, demonstrate our commitment to delivering high- quality audits.
Thank you for the trust you have in us.
Together, we have demonstrated our ambition while growing our market share – all of which is underpinned by our Global Collective Strategy
So welcome to the 2021 KPMG in the Cayman Islands Transparency Report, providing information about our firm as of September 30, 2021.
You can read the full report here.
