At KPMG in Malaysia, instilling confidence—whether in our people, our clients, or the communities we serve—starts with one fundamental principle: trust, built on our values of quality, accountability, and integrity.
Our Transparency Report 2024 reflects how we are continuously evolving our approach to quality in a rapidly changing landscape. With AI and ESG reshaping business priorities, and with trust in disclosures and decision-making more critical than ever, the approach to quality must not only be multidisciplinary but also proactive, forward-looking, and resilient.
This report highlights the strength of our quality management system, which supports greater accountability, transparency, and long-term progress. It also outlines how we are embracing innovation—through globally consistent audit and ESG assurance methodologies, and by enhancing the use of platforms like KPMG Clara through the ethical integration of generative AI. These tools empower our professionals to deliver smarter, more seamless audits.
At the core of this journey are our people, whose dedication and focus shape our approach to quality. Their commitment to doing the right thing is key to driving change. By leveraging the strength of our global network and local expertise, we continue to fine-tune our efforts, delivering high-quality audit and assurance services that uphold the public interest.
We encourage you to read this report to learn how we are building a values-led firm of the future—an organization that we can be proud of and that our clients, stakeholders, and communities can continue to trust.
The System of Quality Management Statement of Effectiveness
As of 30 September 2024
The annual evaluation of KPMG in Malaysia's System of Quality Management as of 30 September 2024 concluded that the System of Quality Management provides KPMG in Malaysia with reasonable assurance that the objectives of the System of Quality Management are being achieved.
The objectives of the System of Quality Management are to provide KPMG in Malaysia with reasonable assurance that:
• KPMG in Malaysia and its personnel fulfill their responsibilities in accordance with professional standards and applicable legal and regulatory requirements, and conduct the engagements in accordance with such standards and requirements; and
• Engagement reports issued by KPMG in Malaysia or engagement partners are appropriate in the circumstances.
