Will AI eventually make work faster and cheaper? Jury's still out, but the international division of Big Four accounting firm KPMG is already operating under those assumptions. Last week, the ...

KPMG has admitted one of its audit partners, Paul Rogers, improperly accessed the confidential board documents of its client, ...

Michael Rapoport covered accounting for The Wall Street Journal's Money & Investing section. He wrote about a wide variety of issues related to accounting, including the accounting industry, ...

The Public Company Accounting Oversight Board has completed its first-ever inspections of The Big Four accounting firms, and the results—though not a surprise—are not exactly pretty. Though PCAOB ...

KPMG demanded audit fee reductions from its vendor due to AI-driven cost savings, achieving a 14% discount. This sets a precedent, urging clients to expect savings—and auditors to justify fees. AI ...