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Overview
KPMG is a global network of independent professional firms that provide Audit, Tax, and Advisory services. Its work involves helping organizations verify financial information, manage tax obligations, and solve business problems through advisory support, risk management, and performance improvement. Services are delivered by cross-border teams across a worldwide network, with an emphasis on consistency and collaboration among member firms. KPMG distinguishes itself through its history as a series of international mergers that created a large, integrated firm with a shared global standard and brand, rather than a single locally owned entity. Its goal is to help clients navigate complex regulations, improve performance, and achieve sustainable growth across multiple markets.
About KPMG
Industries
Consulting
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
London, United Kingdom
Founded
1987
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Simplify's Take
What believers are saying
- The £456 million UK civil-service training contract gives KPMG up to £319 million through March 2028.
- KPMG’s Incentify investment and ICON platform expand tax-credit workflow automation across 120 countries.
- Singapore’s EDB-backed Trusted AI Centre and global partnerships accelerate AI-led advisory revenue.
What critics are saying
- Victoria barred KPMG from new government tenders until October 2026 after the Lendlease papers scandal.
- KPMG UK is cutting 200 support roles, signaling margin pressure and shrinking back-office capacity.
- AI commoditizes advisory work; if public-sector trust erodes, audits and consulting revenues follow.
What makes KPMG unique
- KPMG’s OpenAI Elite Partner status links enterprise delivery to frontier-model access.
- Microsoft is rolling Copilot to 276,000 KPMG professionals and Agent 365 globally.
- KPMG’s ISO/IEC 42001 certification and Singapore Trusted AI Centre formalize governance depth.
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Benefits
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Unlimited Paid Time Off
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Remote Work Options
Paid Vacation
Paid Sick Leave
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Hybrid Work Options
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401(k) Retirement Plan
Wellness Program
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Phone/Internet Stipend
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Professional Development Budget
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Professional Certification Support
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Company Social Events
Company News
The UK Government has awarded a contract worth up to £456 million to KPMG and EY to train civil servants, the Financial Times reported, citing government procurement tracker Tussell. Under the arrangement, the firms will train officials across various skills areas, including AI, between 2026 and 2028. KPMG's share is capped at £319 million, representing almost a quarter of its total UK advisory net sales from last year. EY's portion is worth £137 million, equivalent to around 13% of its UK consulting revenue. The deal is the largest single contract awarded to Big Four companies since Tussell started tracking records in 2012. The previous record was a £322 million deal between the Foreign Office and PricewaterhouseCoopers in 2012.
KPMG has been barred from bidding for new government contracts in Victoria, Australia, until at least October, according to the Australian Financial Review. The Big Four firm must also withdraw from current tender negotiations following misconduct involving confidential client documents. The ban stems from KPMG's admission that former chief operating officer Eileen Hoggett improperly stored and shared confidential Lendlease board papers. Victoria joins other Australian jurisdictions, including the Federal Government and several states, in blocking KPMG from tender processes until 30 September. KPMG currently holds Victorian contracts worth A$24 million and participates in broader consortia valued at A$195 million. The firm is implementing job cuts and has already reduced partner pay by 20%. John Sams recently became Australia CEO after Andrew Yates resigned in May.
KPMG has been named an OpenAI Elite Partner following a collaboration in which KPMG built an internal supply chain platform for OpenAI itself. That deployment now serves as the foundation for KPMG's enterprise AI offerings. The partnership centres on "headless" software, where employees stop navigating applications and instead describe what they want done. AI agents interpret requests, coordinate across backend systems, and execute tasks. "You're going to be talking more than you're typing," said Chad Seiler, KPMG's US industry leader for technology, media and telecommunications. The model keeps existing enterprise systems as infrastructure whilst adding an intelligent agent layer on top. KPMG maintains parallel partnerships with other frontier labs, including Anthropic. The firm has integrated OpenAI capabilities into its internal AI tool since 2023.
KPMG UK is cutting 10% of staff across its support teams, affecting approximately 200 back office roles, according to a company spokesperson. This represents the latest round of job reductions by the Big Four accountancy firm. The cuts target support functions rather than client-facing positions. KPMG has not disclosed specific details about which departments will be affected or the timeline for the redundancies.
KPMG has made a minority equity investment in Incentify, an AI-powered credits and incentives technology provider, expanding their collaboration to help organisations identify and manage credits, grants and incentives across over 120 countries. The partnership centres on ICON (KPMG Incentive Credit Opportunity Navigator), which combines KPMG's global incentives dataset with Incentify's US incentives warehouse and AI engine. The platform uses AI to scan and assess thousands of programmes, reducing work that previously took tax teams weeks into days. ICON is embedded in KPMG Digital Gateway and provides clients with a secure view of relevant credits and incentives across federal, state, local and international jurisdictions. The investment follows KPMG's recent global alliance with Anthropic and previous minority investments in companies including Fieldguide, Ema and Rhino.AI through KPMG Ventures.
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About KPMG
Industries
Consulting
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
London, United Kingdom
Founded
1987
KPMG is Hiring for 607 Jobs on Simplify!
Find jobs on Simplify and start your career today