KPMG

01. Company

KPMG is a global professional services firm providing audit, tax, and advisory services ^[1]. Headquartered in Amstelveen, Netherlands, with a US headquarters in New York, it employs over 270,000 people across 143 countries ^[1]. Founded in 1987 through a merger, it is one of the 'Big Four' accounting firms ^[2][4]. The firm generates approximately $40B in revenue ^[1].

02. Product

KPMG offers a wide range of professional services including Audit, Tax, and Advisory ^[6]. Its advisory services include technology and transformation, such as enterprise platform implementation (e.g., SAP S/4HANA). Competitors include other Big Four firms like Deloitte, PwC, and EY, as well as firms like Crowe and Baker Tilly.

03.Security & Risk

Public data on KPMG's specific technical security posture (e.g., ISO 27001 certification for its own operations) is insufficient in the provided sources. KPMG acts as an auditor for SOC 2 compliance for other organizations. The firm has faced significant data privacy and confidentiality breaches, notably in Australia where staff misused confidential client information. A class action settlement regarding a government privacy breach in Canada was also noted.

04. Events

• [legal] KPMG Australia Audit Scandal and Fines

  KPMG Australia staff and partners were fined up to $180,000 for misusing confidential client information (Optus/Telstra) to win contracts. This led to resignations and loss of government contracts.

  Jul 19, 2026, 12:00 AM · Source

• [legal] PCAOB Fines for Accounting Deficiencies

  KPMG entities faced multiple fines from the PCAOB for accounting fraud or deficiencies between 2022 and 2025.

  Jan 1, 2025, 12:00 AM · Source

• [other] AI Report Retraction

  KPMG pulled a report on AI usage due to apparent hallucinations in the content.

  - · Source

05. Competitors

Vendors offering a similar product or service - for side-by-side comparison, not a ranking.

• Deloitte

  Major competitor in professional services.

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• PwC

  Major competitor in professional services.

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• EY

  Major competitor in professional services.

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• Crowe

  Competitor in public accounting and consulting.

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06. Recent News

Recent news highlights a major scandal in Australia involving allegations that KPMG leaked confidential client information to win contracts, leading to staff fines up to $180,000, partner resignations, and loss of government contracts. The firm also faced backlash for a report containing AI hallucinations. Historically, KPMG has faced PCAOB fines for accounting deficiencies.

07. Citations

1. [1] KPMG is headquartered in Amstelveen, Netherlands, with over 270,000 employees and $40B revenue. KPMG Firm Overview | Management Consulted
2. [2] KPMG was founded in 1987 and Bill Thomas is the Global Chairman and CEO. KPMG
3. [3] KPMG provides Audit, Tax, and Advisory services. Why Bring Your Career to KPMG
4. [4] KPMG offers enterprise platform services including SAP S/4HANA. Enterprise Platforms
5. [5] Competitors include Deloitte, PwC, EY, Crowe, and Baker Tilly. Top KPMG Alternatives, Competitors
6. [6] KPMG staff were fined for misusing confidential client information in Australia. KPMG partners fined up to $180,000 over Telstra, Optus misconduct
7. [7] KPMG faced PCAOB fines for accounting deficiencies. kpmg | Violation Tracker
8. [8] KPMG pulled a report due to AI hallucinations. Did AI Make Up These Case Studies? KPMG Pulls Report ...

11. Vendor response

Content in this section is vendor-supplied and does not alter Vendorisk.ai's risk tier or evaluation.