KPMG provides independent audit services that help to enhance the reliability and credibility of the financial reporting undertaken by clients.
Financial statements audits play a critical role in maintaining investor confidence.
In the marketplace, credible financial audits reinforce investor confidence. Within organisations, they add to board and management understanding of the business and the risks it faces.
We believe that independent auditors perform the valuable role of being a trusted intermediary between the providers of business information and the users of that information.
In the wake of the economic crises and scandals of the past few years, independent auditors are on the cusp of a transformative change.
Stakeholders are demanding more transparency, and we are responding – changing how we operate, being proactive in listening to our stakeholders, and embracing Data & Analytics and new processes that are enabling us to make audit more relevant and continue to raise the bar on quality.
Innovation is not a concept traditionally associated with audit. But it is at the heart of our strategy in responding to the unprecedented challenges and opportunities we face as auditors. Innovations that lead to enhanced audit quality include:
Our Audit professionals are committed to the public interest. These experienced professionals seek to challenge assumptions and unlock valuable insights based on a thorough understanding of an organisation’s business and industry, and innovative audit methodologies and approaches.
Observations of enhanced auditor’s reports published in Australia as at 30 September 2016.