KPMG Audit : The Ultimate Guide
We know that as a business owner you require reliable, transparent, and insightful auditing services that will ensure you are compliant, and maintain your financial integrity. KPMG, one of the Big Four accounting firms, offers a comprehensive suite of auditing solutions tailored to businesses of all sizes. They have a commitment to innovation, rigorous financial scrutiny, and deep industry expertise, so read on to find out if they would suit your business needs.
If you would like to learn more about accounting services, you can do so here .
KPMG Audit: Our performance rating out of 5 stars:
Our Overall Rating
3.7 out of 5 stars
Accounting Features & Functionality
4 out of 5 stars
Reporting & Compliance
4 .2 out of 5 stars
Integration & Scalability
4.7 out of 5 stars
Customer Support & Security
2 out of 5 stars
Pricing & Transparency
2 .5 out of 5 stars
Useful links from our article:
Benefits of KPMG Audit
Downsides of KPMG Audit
What Does KPMG Audit Offer?
What Other People Think of KPMG Audit
What Do Staff Think of KPMG Audit?
Our Verdict on KPMG Audit
How have we rated KPMG?
For every provider we assess, including KPMG, we rate them out of five stars on the five most important categories we have researched for the product/service offering. You can read about our review process & methodology here .
Why listen to our reviews?
With over ten years of experience evaluating telecom products, our team brings a wealth of knowledge to understanding the market pros and cons. You can read more about our expert team here.
What Other People Think of KPMG Audit:
Summary of KPMG: Real Reviews
KPMG’s IT consultancy services in the UK have garnered positive feedback from clients across various sectors. For instance:
the University of St Andrews collaborated with KPMG to implement a cloud-based finance solution using Oracle, enhancing their financial operations.
Similarly, Danone partnered with KPMG to integrate leading-edge technology into their Global Business Services, resulting in improved efficiency and service delivery.
KPMG Customer Reviews
KPMG Commercial Video
KPMG Audit: What To Expect as a User
Don’t have time to watch the video guide? Here’s a visual of KPMG so you know what to expect:
KPMG Audit: Features
KPMG provides thorough evaluations of financial statements, ensuring accuracy and compliance with relevant standards.
They offer assurance services related to environmental, social, and governance (ESG) factors, and they can help you to meet stakeholder expectations and regulatory requirements.
KPMG assesses and assures the effectiveness of your technology systems and controls, ensuring they support your business objectives and comply with regulations.
KPMG Audit: What Sets it Apart From Its Competitors?
What really sets KPMG apart when it comes to auditing is that they have focused on improving audit quality and company culture, leading to favorable audit quality reviews and revenue growth in their audit division.
What Do Staff Think of KPMG Audit?
Summary of KPMG: What Staff Say About it
KPMG’s IT consultancy services in the UK are generally well-regarded – much better than their customer reviews at any rate! Currently, their employees rating the firm 3.7 out of 5 stars on Glassdoor, based on over 4,000 reviews, and they appreciate the exposure to diverse industries and the learning opportunities provided. However, we have also seen that some staff note that maintaining work-life balance can be challenging at times. Overall, we’ve seen that KPMG is recognised for their leadership, emphasis on excellence, and integrity in delivering Auditing services.
KPMG Latest News
‘Senior appointments in KPMG’s dealmaking operation’.
‘KPMG UK partners score 9% pay increase’.
‘KPMG UK records revenue of £2.99billion in a challenging market’.
Improvements of KPMG Over the Years
KPMG has intensified its efforts to improve audit quality and company culture, particularly in the UK. Under the leadership of CEO Jon Holt since April 2021, the firm has received favourable audit quality reviews and achieved revenue growth in its audit division.
In the fiscal year ending September 30, 2024, KPMG achieved a 5.4% increase in global revenues, reaching $38.4 billion, growth that has been driven by strong performances in the audit and tax units, with audit revenues up 6.2% to $13.4 billion and tax and legal services up 9.6% to $8.7 billion.
Issues with KPMG Over the Years
In April 2024, the Public Company Accounting Oversight Board (PCAOB) imposed a record 25 million USD fine on KPMG Netherlands for exam cheating and misleading investigators.
The UK’s Financial Reporting Council (FRC) has initiated an investigation into KPMG’s audit of Entain’s 2022 financial statements, adding to previous scrutiny over audit practices.
Employee reviews indicate concerns about work-life balance (particularly during peak periods), with lots of reports of long hours and high stress levels
How to Purc hase KPMG Audit
Our Verdict on KPMG Audit
Overall, we think that KPMG’s auditing services provide comprehensive and reliable evaluations, as they are able to easily leverage their global expertise and advanced technology to enhance accuracy and efficiency. We think their overall integrated service model and commitment to quality set them apart in the industry, but potential clients should consider the associated costs and the complexity of services when making a decision as these can be quite overwhelming.
Other Useful Links About Accountiung Services
Hi, I’m Ally Cox , a senior copywriter and blogger at CompareYourBusinessCosts.co.uk, the UK’s trusted platform for comparing business services.
With over a decade of experience in the B2B sector, I specialise in simplifying complex topics like leased lines, VoIP, business energy, HR and payroll solutions, accounting software, and EPOS systems .
Before joining CompareYourBusinessCosts, I worked across various industries, gaining hands-on experience in HR, copywriting, and business operations- from clocking-in systems to card machines and office technology .
My goal is simple: to help UK businesses make informed, confident decisions when choosing products and services that improve efficiency and save money.