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KPMG's Strategic Growth Shakes Up the Big Four
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Subscribe19 DEC 2024 / BUSINESS
Under CEO Jon Holt's leadership, KPMG UK has made a turnaround after years of audit failures and reputation hits, seeing higher growth than its Big Four rivals Deloitte, EY, and PwC in fiscal year 2024. KPMG's success stems from its core offerings of tax and audit, technological advancements, implementation of ethical practices, leveraging private equity funding for innovation and expansion, and strategies addressing the industry's talent crunch.
At Legal & General’s annual meeting in May 2022, a frustrated shareholder famously asked, “Don’t we deserve auditors of the very highest reputation?” The applause underscored KPMG’s predicament years of audit failings, regulatory fines, and reputation...
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