Foreword
by Pieter Steyn, Managing Partner
Welcome to the July 2025 edition of KPMG PNG Kundu.
This month’s newsletter brings together a compelling mix of insights and updates that reflect the dynamic challenges and opportunities facing organisations across Papua New Guinea.
From the transformative power of artificial intelligence in financial reporting to the evolving landscape of risk governance, our contributors offer practical guidance and strategic foresight.
We also provide timely advice to help businesses prepare for the upcoming tax reforms, effective from January 2026.
AI in financial reporting: transforming accuracy, efficiency, and strategy
by Nadish Vyas, Senior Manager, Audit & Assurance
Artificial Intelligence (AI) is rapidly reshaping the landscape of financial reporting, bringing unprecedented levels of automation, precision, and strategic insight. As per a recent KPMG Global CEO Outlook survey, it was noted that 60% of CEOs are planning to invest in AI to enhance financial reporting. This marks a significant shift from traditional reporting methods, which relied heavily on manual data entry and static analysis.
KPMG Kundu newsletter series
Learn about key regulatory and geopolitical issues affecting the business entities in the PNG region.
- KPMG Kundu - July 2025 (PDF 585KB)
- KPMG Kundu - April 2025 (PDF 586KB)
- KPMG Kundu & Lali – March 2025 (PDF 450KB)
- KPMG Kundu – February 2025 (PDF 450KB)
- KPMG Kundu – January 2025 (PDF 450KB)
- KPMG Kundu – December 2024 (PDF 450KB)
- KPMG Kundu – November 2024 (PDF 450KB)
- KPMG Kundu – October 2024 (PDF 450KB)
- KPMG Kundu – September 2024(PDF 316KB)
- KPMG Kundu – July 2024(PDF 380KB)
- KPMG Kundu – June 2024(PDF 398KB)
Contact us
KPMG provides a full range of audit, tax, and advisory services tailored to meet the unique needs of entities based in Papua New Guinea. Find out how we can help your business.
