Restoring Trust: Shaping the future of corporate reporting
Earlier this year we field-tested a bold idea: in three of KPMG’s new, long-form audit reports (including Rolls-Royce) we reported not only ‘the risks’ and ‘our response’ but 'our findings'. This innovation attracted widespread interest. It’s been a talking point among investors. It’s been a talking point globally, not only featured in the New York Times but also as a recurring theme at a PCAOB public meeting about the future of US auditing.