Integrity, quality and independence are the building blocks of KPMG's approach to audit services.
Our audit process does more than assess financial information. It enables our professionals to give
appropriate consideration to the unique elements of the entity whose financial statements are being
audited - its culture, the motivations of management, the industry in which it competes, competitive
pressures, and the risks inherent within those elements.
KPMG's audit process is designed to concentrate on the key areas of risk, based on a company's
operational characteristics and performance profile. Our partners and professionals are trained to
look closely at all aspects of financial reporting so they are better able to isolate risk.
Through advanced technology, we are automating audit workflows as part of our commitment to
continuously improving the quality and efficiency of the overall process. Additionally, we have
developed a Web-based program that enables KPMG professionals throughout the world to
rigorously track the pre-approval of permitted services by a prospective client's audit committee to
prevent any conflict of interest.
An important driver of KPMG's audit capabilities is our Audit and Advisory Services Center. This
global knowledge repository captures our best thinking from around the world and transforms it into
products, tools, and methodologies that deliver the right balance of objectivity and performance
enhancement to clients.