KPMG has received a $39.8 million contract modification from the Defense Finance and Accounting Service to help audit the U.S. Army‘s general and working capital fund financial statements. The modification exercises the first option year of a previously awarded labor-hour contract for financial audit services and increases the contract’s potential value to $66.5 million, the Defense Department […] More

KPMG has inaugurated a new college scholarship, mentoring and leadership development program for female high school seniors in the U.S. and appointed former state secretary Condoleezza Rice as the ambassador. The professional service firm said Wednesday 16 scholars have been chosen for the first batch of its KPMG Future Leaders Program. KPMG added the recipients will receive $10,000 for each year […] More

Marc-Andre Giger, formerly director of public sector and health at PwC Switzerland, has joined KPMG as head of the public sector in Switzerland, effective June 1. Giger will succeed Armin Haymoz in the role and will serve the auditing firm’s public sector customers through its office in Bern, Switzerland, KPMG said Monday. Prior to PwC, […] More

KPMG and nonprofit organization (ISC)2 have teamed up to poll government information security leaders on cybersecurity issues within the federal government. The survey will ask federal executives with data security responsibilities, chief information officers and chief information security officers on how they plan to implement the Cybersecurity National Action Plan, (ISC)2 said Wednesday. The survey will also […] More

KPMG has found that 81 percent of healthcare organizations that were part of its recent cybersecurity survey have been compromised by at least one cyber attack in the past two years. The company said Aug. 26 50 percent of the 223 respondents for its 2015 KPMG Healthcare Cybersecurity Survey also believe their organizations are adequately equipped to prevent attacks. “The […] More

Regina Mayor, formerly KPMG‘s energy and natural resources advisory industry and the Americas oil and gas lead, has been named the company’s national sector lead for the energy and natural resources practice. Mayor will take over the role from John Kunasek, who has been appointed as national managing partner of market development, on Sept. 14, […] More

A KPMG survey has found that 81 percent of chief information officers, chief security officers and other executives at healthcare companies say their computer systems have been targets of cyber attacks over the past 24 months. The audit firm said Wednesday it interviewed 223 CIOs, CSOs and other senior executives and found that only 53 […] More

A KPMG International-commissioned study indicates that aerospace and defense companies aim to drive growth by implementing research and development, supply chain management, targeted divestment and portfolio adjustment initiatives. Fifty-three percent of 68 senior executive respondents to the KPMG A&D Outlook survey said they would prioritize sales growth strategies for the next one to two years, […] More

A KPMG International report says insurers can identify new investment opportunities if they develop innovation strategies and engage in public-private alliances. KPMG said Friday it believes the insurance sector has the potential to help address climate change, disaster and infrastructure management and economic development issues by offering long-term debt financing products. “Insurers will either need […] More

A new KPMG International report has found a rising trend in global mergers and acquisitions driven by the increase in M&A deals among high-growth market acquirers and targets for two semesters in a row from December 2013 to December 2014. KPMG said Tuesday the High Growth Markets International Acquisition Tracker found an 11 percent increase […] More

Lynne Doughtie, former head of KPMG LLP’s advisory business, has been elected to the roles of chairman and CEO at the accounting and consulting firm, the Wall Street Journal reported Tuesday. Michael Rapoport writes Doughtie will begin her five-year term on July 1. She will succeed current chief executive John Veihmeyer, who will remain as […] More

KPMG has released the firm’s latest mergers and acquisitions global trends report that indicates M&A deals rose 26 percent between January and June of 2014. Tom Franks, global head of corporate finance at KPMG, said Thursday that “appetite for M&A deals remains strong, capacity is going up and we are starting to see an increasing number of deals […] More