Latest Michael Hamersley Stories
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,...
NEW YORK, July 26, 2012 /PRNewswire/ -- KPMG LLP, the U.S. audit, tax and advisory firm, will host a timely webcast focused on the international corporate tax implications of cloud computing, on Tuesday, July 31, from 2 p.m to 3 p.m. (ET), to help companies better understand the potential tax risks and opportunities of doing business in the cloud. The webcast, titled "International Tax Implications of Cloud Computing: The Cloud User Perspective," is the third in a four-part...
By Arindam Nag and Christine Kearney NEW YORK (Reuters) - Accounting firm KPMG on Monday agreed to pay $456 million to settle accusations it sold fraudulent tax shelters, as it sealed a deal with the government to avoid a criminal indictment that might have crippled the firm. While KPMG, the smallest of the major U.S. accounting houses, itself escaped an indictment of the kind that destroyed Arthur Andersen when it was convicted of destroying documents, eight former partners, including...
