Audit Committee Institute
How we refer to the combination of our Risk Advisory Services and Financial Advisory Services divisions externally.
Advanced measurement approach
ACI. KPMG established the Audit Committee Institute (ACI) to help audit committee members keep pace with business issues related to governance, audit, accounting, and financial reporting. Since its inception in1999, KPMG has launched ACIs in 20 countries.
Services designed to help clients address specific issues which may relate to major regulatory or reporting changes or to the need for special expertise on accounting matters.
International capital adequacy framework for deposit taking institutions (banks, etc).
Business Measurement Process (KPMG's audit methodology)
Business Performance Services
KPMG's Business Advisory professionals advise medium sized and privately owned and managed businesses.
Chartered Accountant -professional qualification awarded by NZICA
Compound Annual Growth Rate
Capital Adequacy Standard
Chief Information Officer
Top level of company executives- CEO, CFO etc.
Certified Practicing Accountant
Earnings before interest, taxes, depreciation and amortisation
Energy and 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
Executive Search & Selection
Professionals dealing with the valuation and sale of property.
Financial Advisory Services
Fast moving consumer goods
Financial Risk Management
Generally accepted accounting principles - accounting ‘rules’ for particular country e.g. US GAAP, UK GAAP, AGAAP, NZ GAAP (for New Zealand) etc.
Global Tax Management System. 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 Accounting Standards Board
Information, Communications & Entertainment
International Corporate Tax
International Financial Reporting Group
International Financial Reporting Standards
KPMG web-based transfer pricing platform.
Initial public offering, aka a ‘float’ when a private company is listed on a stock exchange for the first time.
Information Risk Management
Information Risk Management
Evaluation of external IT systems. An IT audit of the value, effectiveness and risk profile of a client's IT systems.
Key Performance Indicators
A forum where organizations can learn more about the requirements of section 404 of the Sarbanes-Oxley Act, 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.
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 organizations 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 food, drink and consumer goods sectors including food, drink, tobacco, apparel, consumer durables fast moving consumer goods (FMCG), and luxury goods.
KPMG International Financial Reporting Group. A network of KPMG professions based in KPMG member firms providing international financial reporting services.
A network of KPMG professionals based in KPMG member firms providing indirect tax services.
KPMG International Cooperative (KPMG International) is a Swiss entity that serves as a coordinating entity for a network of independent firms.
KPMG partner with overall responsibility for managing the KPMG member firms' relationship with the client.
Line of business -one of the six industry sector groups ie FS, ICE, CM, IM, Govt, ENR
National managing partner
NZ Emissions Trading Scheme
Organisation for Economic Co-operation and Development
Private finance initiatives
Public private partnership
Performance, Risk and Compliance
Where permitted, assisting clients with the preparation, due diligence or attestation required as part of a process to obtain financing.
Reserve bank of New Zealand
Small to medium enterprise
Subsidiary of larger company, often based in another country
Weighted average cost of capital