Latest KPMG Stories

NEW YORK, Sept. 18, 2012 /PRNewswire/ -- KPMG LLP, the U.S. audit, tax and advisory firm, will host a timely webcast focused on the value-added tax (VAT) implications of doing business in the cloud. The webcast marks the fourth in a series of TaxWatch webcasts designed to help companies better understand the potential tax risks and opportunities of doing business in a cloud environment. The webcast, which is scheduled for September 19, 2012 from 2-3 p.m. ET, will focus on...

NEW YORK, Sept. 18, 2012 /PRNewswire/ -- In the face of escalating input costs, stiffer competition, and a struggling global economy, chemical industry executives say they will use the significant cash on their balance sheets to pursue strategic acquisitions and new product development to spur company growth, according to a recent survey by KPMG LLP, the U.S. audit, tax, and advisory firm. In the KPMG Global Chemicals Industry Outlook Survey of 156 senior level chemical...

SANTA CLARA, Calif., Sept. 13, 2012 /PRNewswire/ -- The Silicon Valley office of KPMG LLP, the U.S. audit, tax and advisory firm, has been certified in Leadership and Energy and Environmental Design (LEED) for its commercial interiors. The LEED Green Building Rating System for Commercial Interiors is a set of performance standards for certifying a building's design and construction in order to promote healthy, durable, affordable, and environmentally sound practices in tenant space...

LOS ANGELES, Sept. 11, 2012 /PRNewswire/ -- Media and telecommunications executives expect the burgeoning transition to digital and the rapidly growing mobile-related markets to supply the biggest revenue growth drivers during the next one to three years, according to the results of the annual Media and Telecommunications Industry Business Outlook Survey by KPMG LLP, the audit, tax, and advisory firm. This marks a departure from KPMG's survey a year ago when executives cited...

NEW YORK, Sept. 6, 2012 /PRNewswire/ -- Results of a survey by KPMG LLP, the U.S. audit, tax and advisory firm, indicate that tax departments are being left out of discussions as their companies consider moving operations to the cloud, raising the possibility of tax risks, lost cost-saving opportunities and decreased return-on-investment for cloud projects. While the use of cloud environments continues to be increasingly embraced by companies, 52 percent of senior U.S. corporate...

NEW YORK, Sept. 6, 2012 /PRNewswire/ -- A majority of higher education officers believe their institutions will be in a better financial position in five years and will be able to either gain or retain their share of research funding, according to the inaugural Higher Education Outlook Survey by KPMG LLP, the audit, tax and advisory firm. Despite this optimism, the 102 officers recently polled also expressed some concerns about the future. A whopping 84 percent were either very...

NEW YORK, Sept. 5. 2012 /PRNewswire/ -- As millions of students head back to school, teachers are faced with one of the most challenging questions in the coming weeks: How to teach children about 9/11. For more than ten years, educators have struggled with this agonizing question because of concerns that the events are too traumatizing for students. But this year, educators will have new resources available to them that offer a unique solution to focus students on...

NEW YORK, Aug. 28, 2012 /PRNewswire/ -- Given increasing clarity that the U.S. healthcare economy is unsustainable in its current form, healthcare and pharmaceutical executives are clearly uncertain whether or not existing business models are sustainable over the next five years, even though they do anticipate major change in the short-term, according to the findings from a recent survey by KPMG LLP, the U.S. audit, tax and advisory firm. In surveying over 200 senior executives at...

NEW YORK, Aug. 23, 2012 /PRNewswire/ -- KPMG LLP, official hat sponsor of professional golfer Phil Mickelson, today launched the "Where Is The Blue Hat Taking You?" contest, an interactive social media campaign focused on Mickelson's new KPMG Blue Hat and driving awareness for youth literacy. (Photo: http://photos.prnewswire.com/prnh/20120823/NY62196 ) Now golf fans will have the opportunity to turn wearing Phil's Blue Hat into a chance to meet the golf champion when the San...

NEW YORK, Aug. 23, 2012 /PRNewswire/ -- U.S.-based companies were the most active in completing mergers and acquisitions (M&A) with emerging and high-growth market companies in the first half of 2012, but deal activity dropped by 33 percent compared with the first half of 2011, according to KPMG International's latest Emerging Markets International Acquisition Tracker (EMIAT) study. The semi-annual KPMG study, which tracks completed deals in which an acquirer took at least a 5...