Innovation

To meet the demands of a rapidly evolving industry, KPMG Audit is utilizing innovative, emergent technologies to create a more streamlined, data-driven audit experience that enhances quality and productivity. Coupled with advanced tools, our audit professionals can share data and collaborate more efficiently than ever before.

Technology will accelerate your KPMG Audit career.

 

KPMG Clara

Tools for today

Automation

KPMG Clara

In today’s digital world, our lives are enriched by increasingly connected and shared experiences. Our audit is too with KPMG Clara.

KPMG Clara is our global, web-based, and cloud-enabled platform that supports the delivery of a smarter, data-driven audit that focuses on audit quality, enhances productivity, and leads to deeper insights. Learn more about how we reimagined audit, creating a more efficient and tailored experience for our professionals and our clients with KPMG Clara.

KPMG Clara

Intelligent
workflow

Centralized
communication

Risk-based and
data-driven

Innovative and
future-focused

We embrace a start-up mindset, investing in fundamental transformation and experimenting with new ideas, such as digital-based tools, that enhance audit quality.

Smart Glasses provide seamless, two-way, real-time communications that enable remote inventory observations. The audit team can enlarge images and adjust lighting features to scrutinize the inventory.

Cloud. Blockchain. Data and analytics (D&A). Robotic process automation (RPA). Drones. Intelligent automation (IA). These advanced technologies are revolutionizing the business landscape, drastically transforming the way companies work, and changing the face of audit. Learn more about Emerging Technologies.

Powered by our Ignition Centers, and working with our Strategic Alliance Partners, we apply design thinking methodologies to explore data-driven technologies, emerging trends, and the latest analytics that promote audit quality.

The Virtual Audit Room recreates the physical audit room to help us carry out audits effectively in a remote environment. Connected to KPMG Clara, the Virtual Audit Room allows a team to communicate, share and collaborate on files, execute the audit, and own their working norms.

Illustrating our deepening commitment to investing in technology innovation, KPMG has been granted a patent by the United States Patent and Trademark Office for KPMG Ignite, our artificial intelligence platform and capabilities; specifically, our system and method for analysis of structured and unstructured data.

Utilizing automation across key audit processes enables our professionals to complete testing consistently and effectively. Our continued and collective investments in technology fuels our drive toward end-to-end automation. Here are a few examples of the tools we use to facilitate our modern approach:

Automated Hedge Fund Routines perform portions of various substantive audit procedures over investments for private fund audit engagements.

Journal Entry Insight Dashboard provides insights into complex data through an interactive dashboard.

Automated Vouching Tool reduces routine tasks by automating invoice vouching procedures.

Commercial Mortgage Loan Application Tool saves time and increases consistency by extracting and presenting data from loan files in a dynamic workflow.

Financial Statement Math Accuracy Intelligent Tool performs footing, cross-footing, recalculation and prior period tie-outs on financial statements and checks for internal consistency.

KPMG Platform for Intelligent Automation is a collection of bots used to automate and standardize elements of control testing, enhance overall efficiency and reduce manual tasks.