“Even as the global economy stabilizes, the financial services industry continues to undergo transformational change,” says Brendan Nelson, Global Chairman, Financial Services. This change is being driven by a number of factors, including government and regulatory policy, efforts to significantly reduce costs and streamline operations, and mergers and acquisitions.
This white paper highlights the value of creating and implementing a governance, risk, and compliance (GRC) architecture.
The past 12 months have seen turmoil in the financial markets and volatility in the oil price. This has meant that both international oil companies and national oil companies have had to try to balance the immediate cash flow needs of their investors/ governments with the need to invest in the future development of reserves.
A new Economist Intelligence Unit report entitled "Managing risk in perilous times: Practical steps to accelerate recovery", issued in May 2009 and sponsored by KPMG International, ACE, SAP and Towers Perrin, explores current thinking around risk management, and proposes ten practical steps that financial institutions could take to strengthen their governance and management of risk.
Many organizations face a continually changing set of pressures and dynamics in the current economic climate. Faced with shrinking markets, they can choose to rationalize, merge or contract. The technology thread which holds systems and processes together is at risk. As a consequence, IT Internal Audit plays an integral role in maintaining discipline and rigor across functions and geographies.
Rescuing a troubled company means coming out of denial, finding cash and thinking the unthinkable. Explore eight guiding principles for a corporate turnaround.
A joint KPMG / EIU survey which investigates the impact of the credit crisis on risk management procedures within the banking sector.
This paper focuses on understanding and analyzing the changing nature of business in the current economically troubled times and how they impact the finance function. The paper also draws up a vision of what the finance function might look like by the year 2020.
Welcome to the second Fraud Survey conducted by KPMG for the Middle East and South Asia region. The survey covers the incidence of fraud in the Arabian Gulf Cooperation Council (“GCC”) countries.
The oil and gas industry is facing a major transition that is
likely to require many of its key players to adapt significantly to a changing environment over the coming decade. This KPMG report explores the position of NOCs and offers their insights into emerging issues for the oil and gas industry in the next 5-10 years.
