For over four decades, KPMG has been a leader in delivering audit and assurance services that inspire trust and confidence in the Nigerian capital market. Upholding the highest standards of professional excellence, ethics, and integrity, our commitment to quality remains unwavering. We strive to serve our clients, stakeholders, and the public with the highest professional excellence, ethics and integrity.
In today’s rapidly evolving global environment, the demands on the organisations we audit have grown significantly, particularly in areas such as ESG (Environmental, Social and Governance) reporting and the integration of artificial intelligence (AI). KPMG Nigeria recognises these challenges and is dedicated to addressing them through innovative and forward-thinking solutions. This era calls for heightened trust in disclosures, stronger governance, and greater transparency in sustainability practices. New technologies, regulations, and societal expectations demand businesses to adapt swiftly, and KPMG Nigeria is determined to remain at the forefront of providing the support required to navigate this transformation.
Our 2024 Transparency Report reaffirms our dedication to these principles. It highlights our steadfast focus on fostering a values-driven culture grounded in integrity, accountability, and excellence. We have prepared this report in accordance with the requirements of Rule 12: Audit Transparency Report, issued by the Financial Reporting Council (FRC) of Nigeria.
To meet the evolving needs of our clients and society, we continue to recruit, train, and retain a diverse workforce equipped with cutting-edge data and AI skills. Investments in leadership and continuous learning programs ensure that our teams remain at the pinnacle of technical and professional competence. Mechanisms such as our Global Code of Conduct and ethical hotlines reinforce our commitment to integrity and provide avenues for raising concerns.
This report underscores our relentless pursuit of sustainable quality through continuous improvement and innovation. By leveraging advanced technologies like KPMG Clara and AI-driven solutions, we enhance the transparency and reliability of financial reporting. Adhering to the International Standard on Quality Management (ISQM) 1 and implementing globally consistent System of Quality Management (SoQM), we strengthen trust in the business ecosystem. Furthermore, we address the critical sustainability challenges by refining our ESG assurance methodologies, ensuring that our services align with the evolving expectations of stakeholders.
Through robust systems of quality management, unwavering ethical practices, and a collaborative and inclusive approach, KPMG in Nigeria strives to enhance the confidence entrusted to us by clients, regulators, and the public. This report not only reflects our achievements but also serves as a roadmap for our continued journey toward excellence.
We invite you to read this report to learn how we are building the firm of the future – an organisation that we can be proud of and that our clients, stakeholders and communities can continue to trust.
Click to read more or download a copy of KPMG's 2024 Transparency Report.