KPMG in the Cayman Islands’ success will always be linked to the quality of the services we provide to those that rely on us. For more than 55 years, quality has helped us become a trusted advisor to so many businesses and stakeholders in the Cayman Islands and across the world, and the measure of our success will be determined by the level of quality we provide - no matter how the world turns.

That is why we are transforming the audit experience for both our clients and our teams by investing in KPMG Clara - our cloud-based audit methodology and workflow platform. KPMG Clara delivers smarter, data-driven outcomes and deeper insights by blending the best of technology with the best of our people. This market-leading technology helps us deliver consistent high-quality audits in a seamless way.

We have also strengthened the consistency and robustness of our system of quality management to comply with the new International Standard on Quality Management (ISQM 1). We believe consistent execution and adherence to these requirements and the intent of the professional standards behind them will help drive higher quality across our organization for clients big and small, no matter where they do business.

As stakeholders demand more accountability on environmental, social and governance (ESG) issues, and regulators begin to require disclosures across new metrics, we are committed to make ESG the watermark run through our firm. This has empowered our people, who can continue to tap into a diverse set of multi-disciplinary skills and capabilities to provide independent measurement, validation, and quality assurance over ESG information as the standards evolve.

Providing high-quality services takes hard work, dedication, and focus, as well as a continued investment in the people that make it happen. We are making sure our incredible people - who respect our code of conduct, live our values and care about doing the right thing - are with us every step of the way. These past few years have been challenging and our people’s remarkable resilience and deep commitment to providing services of the highest quality to our clients and stakeholders has been inspiring. And we’re helping them expand their careers, supporting their well-being, and building a safe and inclusive workplace. Their individual success is key to our collective growth.

Audit has been a fundamental part of our business for generations, and as the world changes dramatically, our fidelity to ensuring the successful working of the capital markets through the robust quality of our audits has stayed constant. It’s why we have been successful for 55 years, and the measure of our quality is the reason we expect to be here for 55 more.

We will continue to work hard to provide you with that quality and earn your trust.

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

Welcome to the 2022 KPMG in the Cayman Islands Transparency Report.

You can read the full report here