Australian Accounting Standards Board
KPMG established the Audit Committee Institute (ACI) to help audit committee members keep pace with business issues relating to governance, audit, accounting and financial reporting. Since its inception in 1999, KPMG member firms have launched ACIs in 20 countries.
Audit Difference Posting Threshold
Australian Financial Services Licence
Auditing Guidance Statement
Australian International Financial Reporting Statements
Advanced measurement approach
Audit Quarterly Review Board
Audit Regulatory Compliance
Australian Reporting Manual
Australian Standards on Auditing
Australian Standards on Assurance Engagements
Australian Securities & Investment Commission
Australian Standards On Review Engagements
Australian Securities Exchange
Services designed to help clients address specific issues which may relate to major regulatory or reporting changes or to the need for special skills on accounting matters.
Brazil, Russia, India and China
A course of study assessed by the Institute of Chartered Accountants in order to gain entry as a member of the ICAA and become a CA.
Computer Assisted Audit Technique
Capital Adequacy Standard
Client & Engagement Acceptance & Continuance. KPMG’s International Executive Team has approved CEAC as the global process for evaluating prospective and existing clients and engagements across all functions within KPMG.
Central and Eastern Europe
Certified Information Systems Auditor. (relates to ISACA body)
Certified Information Security Manager (relates to the ISACA body)
Certification for Information Systems Security Professional
Consumer Markets one of the recognised KPMG Lines of Business.
Committee of Sponsoring Organisations - published Internal Control - Integrated Framework (COSO framework identifies three primary objectives of internal control - efficiency and effectiveness of operations, financial reporting and compliance with laws and regulations.
Department of Professional Practice
Disaster Recovery Planning
End of Life Vehicles Directive. EU Legislation
Europe, Middle East and Africa region
Energy & Natural Resources. The ENR sector includes oil and gas, power and utilities, mining and forestry industries.
Enterprise social software (E2.0). The use of an entire suite of emergent technologies — wikis, blogs, tagging, and social networking tools — both inside companies and between companies and the outside world.
Enterprise risk management
Enterprise Risk Management frameworks
Professionals dealing with the valuation and sale of property.
EU Emissions Trading Scheme. Launched in January 2005 with mandatory GHG (green house gas) emission controls for industrial activities from 1 January 2005. Currently focusing on activities including the production and the manufacture of ferrous metals, pulp and paper, the scope of the scheme is expected to be widened to include other GHG emissions and industrial activities from January 2008.
Legislative regime that came into effect in 1992.
Legislative regime to come into effect in 2008.
Earned value management project management software. Software that evaluates contractor management.
Fast moving consumer goods
People, processes, technology and risk/control
Financial Reporting Audit Program
Financial Reporting Council
Financial Reporting Panel
Financial Services, one of the recognised KPMG Lines of Business.
Financial Statement Audit
Global Assignment Policies and Practices
Gulf Co-operation Council
Global Tax Management System. A KPMG proprietary system.
KPMG Global Transfer Pricing Services practice. A network of KPMG professionals based in KPMG member firms providing transfer pricing services.
Legislation regarding the regulation of hazardous materials.
International Association of Insurance Supervisors
International Accounting Standards Board
Internal Capital Adequacy Assessment Process
Information Communication and Entertainment, one of the recognised KPMG Lines of Business.
Islamic financial institutions
International Financial Reporting Interpretations Committee
International Financial Reporting Standards
Islamic Financial Services Board
Institute of Internal Auditors
Industrial Markets, one of the recognised KPMG Lines of Business.
KPMG web-based transfer pricing platform.
Information Risk Management
Integrated regulatory reporting
Information Security Assessment
Information Systems Audit and Control Association
Evaluation of external IT systems. An IT audit of the value, effectiveness and risk profile of a client's IT systems.
IT Control Review questionnaire can be used for completing control environment reviews.
Klynveld Peat Marwick Goerdeler
A forum where organisations can learn more about the requirements of section 404 of the Sarbanes-Oxley Act (SOX 404), and discuss ways to address the evolution of effective internal controls.
A network of KPMG professionals based in KPMG member firms providing services to clients in the electronics and software sectors.
The Masterclass training program is a cooperative approach to learning. Built around case study workgroups, over the course of two days, the workgroups and the client work together discussing client issues, brainstorming possible solutions, and cultivating a client/KPMG network.
Through the Global Client Program Financial Services coordinates global service delivery, to clients aligning their line of business, functions and regional needs.
A network of KPMG professionals based in KPMG member firms providing financial services.
A network of KPMG professionals based in KPMG member firms providing tax services to organisations in the financial services sector.
A network of KPMG professionals based in KPMG member firms providing services to clients in the automotive sector.
A network of KPMG professionals based in KPMG member firms providing services to clients in the chemicals sector.
A network of KPMG professionals based in KPMG member firms providing services to clients in the energy and natural resources sectors.
The KPMG Global Energy Conference is held annually in Houston, Texas, USA.
For financial executives in the energy industry to learn about the industry challenges and opportunities, share leading practices and conduct an ongoing dialogue about emerging energy-industry issues.
A network of KPMG professionals based in KPMG member firms providing tax services to clients in the energy and natural resources sectors.
A network of KPMG professionals based in KPMG member firms providing tax services to clients in the financial services sector.
A network of KPMG professionals based in KPMG member firms providing services to clients in the food, drink and consumer goods sectors including food, drink, tobacco, apparel, consumer durables fast moving consumer goods (FMCG), and luxury goods.
A network of KPMG professionals based in KPMG member firms providing forensic services.
A network of KPMG professionals based in KPMG member firms providing services to clients in government.
A network of KPMG professionals based in KPMG member firms providing services to clients in the industrial products sector including industrial manufacturing, aerospace and defence, machinery and electrical equipment manufacturing, metal processing and metal products.
A network of KPMG professionals, based in KPMG member firms providing services to clients in the real estate and construction sectors.
A network of KPMG professionals based in KPMG member firms providing services to retail clients.
KPMG GTO practice. A network of KPMG professionals based in KPMG member firms providing global tax outsourcing services.
A network of KPMG professionals based in KPMG member firms providing global transfer pricing services.
A network of KPMG professionals based in KPMG member firms providing services to clients in the transport sector including aviation, shipping and ports, land transport, road freight and logistics.
KPMG Global Tax Outsourcing practice. A network of KPMG professionals based in KPMG member firms providing global tax outsourcing services.
KPMG International Financial Reporting Group. A single independent unit based in the U.K. providing international financial reporting services.
A network of KPMG professionals based in KPMG member firms providing indirect tax services.
KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent firms.
The International Board has an overall mandate to review, endorse and implement the policies and regulations of KPMG International.
A network of KPMG professionals based in KPMG member firms providing international corporate tax services.
The International Council approves common goals and significant new policies to make sure the network of member firms that comprise KPMG International is developed, governed and managed effectively. The Council meets at least twice a year.
An eight-member International Management Committee, which meets at least six times a year, is responsible for debating key issues and making recommendations to the main Board.
A network of KPMG professionals based in KPMG member firms providing IT advisory services.
A network of KPMG professionals based in KPMG member firms providing services to clients in the private equity market.
International climate change accord
KPMG partner with overall responsibility for managing the KPMG member firms' relationship with the client.
Monetary Unit Sampling ( Software for substantive sampling technique)
Organisation for Economic Co-operation and Development
Original equipment manufacturer(s)
Public Company Accounting Oversight Board. A product of the Sarbanes- Oxley Act and nurtured into maturity by the SEC in the US. Created in the wake of scandals such as WorldCom and Enron.
Private finance initiatives
Public private partnership
Where permitted, assisting clients with the preparation, due diligence or attestation required as part of a process to obtain financing.
Resources Investments Strategy Consultants
Restriction of Hazardous Substances Directive
Risk-weighted capital ratio
South African Venture Capital & Private Equity Association
US Securities and Exchange Commission
Sarbanes-Oxley Act. US legislation enacted in the wake of the WorldCom and Enron scandals.
KPMG proprietary software.
Waste Electrical and Electronic Directive.