Latest KPMG Stories

GENEVA, March 8, 2013 /PRNewswire/ -- Weatherford International Ltd. (NYSE / Euronext Paris / SIX: WFT) today announces that the audit committee of its board of directors approved the engagement of KPMG LLP as its independent registered public accounting firm for the year ending December 31, 2013. The committee determined that as a matter of good corporate governance, it is appropriate at this time to rotate to a different firm to serve as the company's auditors. This...

Favorable Dynamics to Drive Technology, Financial Services and Healthcare Middle-market Deal Activity in 2013 NEW YORK, March 6, 2013 /PRNewswire/ -- According to a survey conducted by KPMG LLP, the U.S. audit, tax and advisory firm, merger and acquisitions (M&A), private equity and tax professionals from the technology, financial services and healthcare sectors, among others, expect an increase in their companies' or clients' deal activity in 2013 compared to 2012. Of the more...

Financial services executives to present on supplier relations and cash management at Shared Services & Outsourcing Week conference NEW YORK, March 5, 2013 /PRNewswire/ -- ExlService Holdings, Inc., announced today it will join Yellow Roadway Corporation (YRC) Worldwide, Inc., and KPMG LLP, for a session on how analytics can improve supplier relations and optimize working capital at the 17(th) Annual North American Shared Services & Outsourcing Week (SSOW) in Orlando,...

Session to emphasize importance of automating financial close processes for companies in shared services, outsourcing environments LOS ANGELES, March 4, 2013 /PRNewswire/ -- Representatives from financial software provider BlackLine Systems, U.S. audit, tax and advisory firm KPMG LLP and BlackLine/KPMG client company Xerox/ACS will speak at the 17(th) Annual North American Shared Services & Outsourcing Week this week in Orlando. (Logo:...

SAN DIEGO, Feb. 27, 2013 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that Jack T. Taylor has been appointed to the company's board of directors. "Jack Taylor's leadership and extensive experience in public accounting enhances the depth of our board," said Debra L. Reed, chairman and chief executive officer of Sempra Energy. "His energy industry and international experience, in particular, will be valuable as we execute our strategic plan." Taylor demonstrated...

US-Based Multinational Tax Departments Try to Strike Balance between Value-Adding Services and Regulatory and Compliance Demands NEW YORK, Feb. 27, 2013 /PRNewswire/ -- Amid continuing economic and political uncertainty, senior management at US-based multinational companies are relying on their tax departments, now more than ever, to provide guidance and expertise on complicated regulatory and compliance issues, according to a new report from KPMG International. According to KPMG's...

Mobile devices will continue to cause more opportunities for data loss in 2013 NEW YORK, Feb. 26, 2013 /PRNewswire/ -- Recent incidents of corporate data loss hit the highest levels since 2008 as companies work to improve data security strategies against a greater variety of more sophisticated IT attacks that can pose severe enterprise and reputational risks, says a new report from KPMG International. Data loss attacks affected more than one billion people in the last five years and...

NEW YORK, Feb. 8, 2013 /PRNewswire/ -- KPMG LLP, the U.S. audit, tax and advisory firm, and official sponsor of PGA Tour star Phil Mickelson and Stacy Lewis, No. 1 ranked American player on the LPGA Tour, announced today that it will donate 5,000 new books to local schools for each tournament victory the golfers achieve this season. As part of KPMG's Family for Literacy initiative, the firm will select local schools in the city in which the golfers win to receive the new books for...

LONDON, Feb. 6, 2013 /PRNewswire/ -- FTI Consulting, the global business advisory firm dedicated to helping organisations protect and enhance their enterprise value, today announced the appointment of Andreas Von Keitz as a Senior Managing Director in the Corporate Finance/Restructuring practice in EMEA. Mr. Von Keitz will join FTI Consulting as a Senior Managing Director based in London and Munich and will lead the Operational Transformation business within EMEA,...

NEW YORK, Feb. 5, 2013 /PRNewswire/ -- As companies become more comfortable with the benefits of a cloud environment, they are reporting higher-than-expected costs, as well as challenges with implementation, operations and governance, according to a new survey from KPMG International. The KPMG survey, The cloud takes shape, polled more than 650 business and IT leaders across 16 major global markets and found more than half of the organizations already working in the cloud. However,...