KPMG considered authority in risk consulting

KPMG receives top rankings across multiple categories in risk consulting according to analyst group, Source

KPMG is recognized as the leading authority among risk advisory service firms and ranks first in quality for internal audit and first choice for program risk, responding to regulation, and third-party risk assurance based on analyst research published in Source’s report Perceptions of Risk Firms in 2024.

We are excited to share that KPMG has received top rankings across multiple categories in Source’s Perceptions of Risk Firms in 2024¹. According to buyers of risk advisory services who participated in the study, KPMG ranked 1st in multiple risk categories, including:

1^st for Authority in Risk (seen as an authority on the pressing issues of the day)
1^st for Quality in Internal Audit
1^st in First Choice for Program Risk
1^st in First Choice for Responding to Regulation
Tied for 1^st in First Choice for Third Party Assurance

¹Source, Perceptions of Risk Firms in 2024, https://www.sourceglobalresearch.com/reports/9470-perceptions-of-risk-firms-in-2024

Additionally, the report indicates that KPMG is among the top firms considered first choice for cyber security, financial risk, and risk transformation, while current clients of KPMG ranked the firm first in quality for responding to regulation compared to current clients of other firms. KPMG was the firm most frequently mentioned when respondents were asked about their unaided awareness, indicating that top-of-mind brand recognition among buyers is stronger than other risk advisory firms.

We are proud of the commitment KPMG has demonstrated in building a leading risk practice by helping clients enhance stakeholder trust by transforming risk management into an opportunity enabler that builds resilience, generates enterprise value, and creates competitive advantage.

About the study

Source’s Perceptions of Risk Firms in 2024 reveals what 300 senior executives, directors, and senior managers in the US think about the leading risk advisory firms and examines how clients see firms differently as they move from awareness, to shortlisting a firm, to their experience as a direct client. Respondents were asked about three firms they’re familiar with, giving Source 900 responses about different firms. Respondents represent a wide range of sectors and business functions, and 94 precent work in organizations that generate more than $500 million in revenue.

A dynamic approach to risk, regulation, cyber, and ESG

In mid-2023, KPMG surveyed 390 U.S. risk executives to explore their current and future challenges, opportunities, priorities, and approaches across five intersecting drivers of risk transformation, all underpinned by shifting technology disruptions and opportunity.

Read more about what these executives are saying, along with analysis and perspectives by KPMG Risk Advisory partners.

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