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KPMG staff to permanently split time between home and office working but no decisions yet on office closures

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Big Four accounting firm KPMG said partner profits fell 11% to £572,000 in the year to 30 September as a result of the Covid-19 pandemic.

The firm also announced a programme of permanent “hybrid working” with staff set to split their time between working from home and working in KPMG offices or clients sites.

KPMG boss takes 14% pay hit as firm reports 11% fall in partner profit on pandemic

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The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

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The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade

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