We are committed to providing businesses with credibility and transparency in financial reporting.
Our approach is based on delivering no surprises, with early advice on any potential issues. Through regular contact and discussion, we are focussed on building strong working relationships and bringing fresh perspectives to our clients’ businesses.
The KPMG Audit Methodology (KAM) facilitates and enhances audit quality. It is built on the basis of core principles relating to professional integrity, independence and ethical behaviour with which all KPMG staff must comply.
This audit methodology:
- Meets applicable national and international standards
- Emphasises the importance of substantive procedures and effective risk assessment and control testing activities
- Utilises a multidisciplinary approach via industry-experienced teams with the knowledge, skills, and experience to help make a difference to our clients’ business performance
- Provides a basis for a globally consistent audit approach wherever our clients do business.
KPMG professionals work closely with client executives and board directors in order to understand the transforming governance environment. Our market leading approach is evidenced by such initiatives as the KPMG-supported Audit Committee Institute, established to help audit committee members keep pace with business issues related to governance, audit, accounting and financial reporting. It provides regular updates and briefings to help audit committees deliver on their ever changing responsibilities.