Our Transparency report articulates the steps that KPMG member firms take to uphold our professional obligations and responsibilities.
Our Transparency report articulates the steps that KPMG member firms take...
We are proud of our commitment to audit quality and we will continue to pursue audit quality initiatives as audit quality is at the heart of everything we do, and as such, is never compromised. For us audit quality, which is timeless, is not just about reaching the right opinion, but how we reach that opinion through our professional expertise, skepticism and integrity.
Although there is a legal requirement for audit firms to produce a Transparency Report, it is a requirement that we strongly support as it provides us with the opportunity to set out our processes in addressing audit quality and the responsibility we have, not only towards our clients, but also in serving the public interest. On 17 June 2016 new EU reform rules on statutory audit became applicable throughout the EU which aim to improve audit quality and enhance investor confidence in financial information.
We are therefore particularly pleased to present our transparency report which relates to the financial year ended 30 June 2017. This report sets out the structure and governance of our firm and our network, as well as the system of quality control we adopt not only in audit but in all aspects of our business.