KPMG’s audit focuses on business issues and the matters that can impact on the financial statements, whilst also retaining the basic audit procedures that test the information contained in the financial statements. Our approach is grounded in the market dynamics of our clients ensuring that our judgements are both relevant and insightful.

We determine the quality of our audit opinion through a powerful combination of professional integrity, independence and ethical behaviour, underpinned by rigorous quality control procedures. This approach is supported by some of the leading processes, technologies and tools that assist our teams to access knowledge, focus on the issues that impact on our audit judgements and improve the efficiency of the audit. The overall result is an independent and incisive view attesting the quality of the information provided.

For many companies, the International Financial Reporting Standards (IFRS) revolution will have a significant impact on financial statements, directly affecting the outcomes of valuation metrics that analysts use to measure and evaluate company performance. To help businesses meet these challenges, KPMG has developed a global methodology which presents a structured approach to the change.