New York/London | KPMG bosses are demanding dozens of mergers among the national partnerships that make up the global accounting firm in a move they hope will boost growth and prevent audit scandals, according to people familiar with the matter.
The effort to more closely integrate the businesses, which are separately owned by the partners in each country, amounts to one of the biggest overhauls of a big four network in years and comes at a time of sluggish growth and uncertainty for the industry.
Financial Times