KPMG won approval from Arizona's Supreme Court on Thursday to launch a law firm in Arizona, making it the first of the Big Four accounting firms to be able to practice law in the United States.

KPMG’s global audit revenue grew 6% to $12.6 billion for the year ended Sept. 30, 2023, compared with 3% the previous year. The firm hasn’t yet reported global revenue for its 2024 fiscal year.

KPMG’s Netherlands unit agreed to pay a $25 million fine over claims of exam cheating and misinforming investigators, the largest monetary penalty imposed on an auditing firm by the Public ...

KPMG is laying off 5% of its U.S. employees after feeling the pinch of "economic headwinds, coupled with historically low attrition," a spokesperson for the Big Four accounting giant said on Monday.

KPMG will lease 45,000 square feet at North Loop Green, down from the 60,000 square feet it occupies at Wells Fargo Center.