For over 150 years, KPMG has been a leader in delivering audit and assurance services that are essential to the successful working of the capital markets. The quality of our audit and assurance engagements remains a top priority at KPMG with a commitment across the organization to serve our clients, stakeholders and the public with the highest professional excellence, ethics and integrity.
The needs of the entities that KPMG firms audit around the world are growing and ever evolving with the demands of ESG reporting and the impact that artificial intelligence will have on those organizations. It’s a moment that demands new levels of trust in disclosure and decision making. This also necessitates greater transparency in business governance, organizational structures and sustainability practices, all driven by new technologies, regulations and societal expectations.
With a focus on clients’ complex issues, KPMG firms are driving sustainable quality through the use of globally consistent audit and ESG assurance methodologies that are embedded in a state-of-the art, cloud-based audit platform in KPMG Clara. Across the organization, we’ve accelerated the integration of generative AI capabilities into KPMG Clara. We are deepening the capabilities of the 95,000 KPMG firms’ auditors by equipping them with the latest technology to evaluate data and help deliver seamless audits with real-time visibility.
Backed by ongoing investment, we’re dedicated to a mindset of continuous improvement. Aligned with regulatory requirements, KPMG firms across the organization are operating a consistent and robust quality management system that is enabling stronger accountability, greater transparency and ongoing progress. Through a relentless focus, KPMG people are making the difference and are instrumental in evolving our approach to quality. Continuous improvement also means that we learn from shortcomings and constantly look for opportunities to enhance the rigor, reliability and quality of the audit process. KPMG has responsibilities across the world to businesses, institutions and wider society and we are dedicated to the highest standards of ethical behavior. By utilizing the breadth of our organization and the expertise of our people, KPMG firms aim to deliver quality audit and assurance services that safeguard the public interest.
We encourage you to read this report to learn how we are building an organization that we can be proud of and that our clients, stakeholders and communities can continue to trust.
