Amanda Iacone

KPMG’s incoming US CEO, Tim Walsh, has offered a limited glimpse into his priorities saying he’s ready for change and confident that the firm is prepared to wrangle technology and recruit the top talent it’ll need to woo profitable clients.

Accounting and advisory firm KPMG LLP has tapped an audit leader to head the Big Four firm’s US arm as it navigates shifting regulatory policy in Washington and the artificial intelligence era.

The Big Four accounting firms often mirror each other in everything from technology investment to recruiting strategies. Diversity has divided them.

The Big Four accounting firms often mirror each other in everything from technology investment to recruiting strategies. Diversity has divided them.

The Big Four accounting firms often mirror each other in everything from technology investment to recruiting strategies. Diversity has divided them.

KPMG LLP, one of the largest US accounting and consulting firms, is the latest business to retreat from public commitments to build a diverse and inclusive workforce as corporate America scrambles to adapt to new mandates from the Trump administration.

Accounting firm RSM International said Tuesday that its global revenues reached the $10 billion mark for the first time last year, driven by a series of acquisitions in Europe and healthy gains in its assurance and tax services.

Grant Thornton’s top US leader Seth Siegel, who led the firm through two major restructurings, has stepped down from the role he held since 2022 and will serve instead as a senior adviser at the firm.

Three lawsuits working their way through federal courts threaten to disarm the US audit board of its powers to police auditors responsible for vetting the financial accounts of US companies worth trillions in market value.

The US accounting standard-setter is seeking input on whether to modernize its decades-old rules for recording intangible assets like trademarks or patents that are frequently missing from corporate balance sheets.