forensics - KPMG

 Assisting clients in achieving the highest levels of business integrity through the prevention, detection, and investigation of fraud and misconduct.

The prevention, detection, and investigation of fraud and misconduct

How KPMG Forensic can help

KPMG Forensic’s over 3000-strong global network of experienced professionals use accounting, investigation, intelligence, technology, economics and deep industry skills alongside consistent global methodologies to help reduce reputational risk and commercial loss, and to improve the value obtained from existing contracts.

The changing nature of business has created new opportunities, but also new risks and potential threats including:

the increasing sophistication of fraud, organized crime and terrorism more complex legislation and regulations, some with increasing extra-territorial reach

developing challenges around technology

complex cross-border disputes

pitfalls from expanding into emerging markets

dependencies on unfamiliar business partners more complex supply and distribution channels

theft and misuse of intellectual property.

Organizations that effectively monitor and swiftly respond to potentially damaging situations such as these are better placed to deal with them quickly and successfully, while reducing adverse financial, reputational or operational impact.

KPMG Forensic offers robust, practical advice, helping our firms' clients deal with:

fraud, misconduct and corruption investigations

tracing funds, assets, companies and individuals

commercial disputes

regulatory compliance

managing risk on buying or selling a business

intellectual property and contract governance

preventing and detecting fraud or financial crime.

 

We can also deploy technology tools to help clients deal effectively with large amounts of data and documentation, to manage and disclose important material or highlight fraud, weaknesses and business opportunities from within corporate data.

KPMG Forensic aims to provide our firms' clients with the tools and services they need to keep on top of the major risks they face.

Our network of over 3000 forensic professionals work in 39 accredited practices within KPMG member firms around the world. The network brings a consistent global approach, combined with a tailored local focus, to sensitive and complicated cross-border engagements.

KPMG Forensic is a trusted adviser to some of the world's leading enterprises. Our teams are located in the major developed markets as well as the key emerging economies in Central and Eastern Europe, Russia, South America, Africa, The Middle East and Asia.

Contact Us

Lagos

KPMG Tower,

Bishop Aboyade Cole Street Victoria Island

Tel: +234 9068459329

Abuja

84, Kwame Nkrumah Crescent, 

Asokoro Abuja. FCT.

Tel: +2349062278732

Audit firms - KPMG

 Discover the top audit firms in Nigeria with our comprehensive guide. Financial statement audits give assurance over information used by investors and the capital markets.

Independent, quality financial statement audits

Financial statement audits give assurance over information used by investors and the capital markets – a responsibility to the public interest KPMG Audit professionals take very seriously, applying powerful D&A routines to create better audit evidence and gain deeper insights, and exploring the role auditors can and should play by engaging stakeholders to better understand their views through KPMG’s ‘Value of Audit’ forum. KPMG professionals – innovating to better serve the capital markets and society as a whole

Contact Us

Lagos

KPMG Tower,

Bishop Aboyade Cole Street Victoria Island

Tel: +234 9068459329

Abuja

84, Kwame Nkrumah Crescent, 

Asokoro Abuja. FCT.

Tel: +2349062278732

audit and assurance - KPMG

Financial statement audits play a vital role in providing assurance to investors and the capital markets. At KPMG, our dedicated team of audit professionals recognizes the immense responsibility they hold in serving the public interest. By utilizing robust Data and Analytics (D&A) routines, we ensure the production of high-quality audit evidence, enabling us to gain deeper insights into the financial information of the companies we audit.

In our continuous pursuit of excellence, we go beyond traditional methods and engage with stakeholders through KPMG's 'Value of Audit' forum. By actively seeking and understanding their perspectives, we strive to enhance the value and relevance of the audit process in today's dynamic business landscape.

Our commitment to innovation is unwavering as we seek to better serve the capital markets and society as a whole. By staying at the forefront of technological advancements, we can continuously improve the accuracy, efficiency, and effectiveness of our audit procedures.

For any inquiries or to learn more about our audit services, please feel free to contact us:

Lagos Office:

KPMG Tower, Bishop Aboyade Cole Street,

Victoria Island, Lagos.

Tel: +234 9068459329

Abuja Office:

84, Kwame Nkrumah Crescent,

Asokoro, Abuja. FCT.

Tel: +234 9062278732

At KPMG, we remain dedicated to upholding the highest standards of independence and quality in financial statement audits, thereby contributing to the trust and integrity of the global financial system. 

ESG

 

A Company’s position on climate change, Diversity Equality and Inclusion (DEI) issues, and other Environmental, Social and Governance (ESG) risks is now viewed – by investors, research and ratings firms, activists, employees, customers, and regulators – as fundamental to business and critical to long-term sustainability and value creation. Especially when facing a cost of living crisis and an array of factors slowing down economic growth, oversight of these risks and opportunities will be a significant challenge, involving the full board and potentially multiple board committees. Now is the time for boards to ‘hold their nerve’ in doing what is right and sustainable over the long-term. Environmental, Social and Governance are the key metrics used to measure Sustainability while Sustainability in itself is the responsible and efficient utilisation of resources that does not hamper with the availability of said resources for future generations. In this thought leadership, both ESG and Sustainability will be used interchangeably.

Research by Mattison Public Relations shows that ESG committees are becoming an increasingly common presence on FTSE 100 boards, with 54% of FTSE 100 companies now having some form of ESG committee – whether that be described as an ESG committee, a corporate responsibility committee, responsible business committee, sustainability committee or environments and communities committee.

However, in Nigeria, most boards do not yet have a dedicated ESG committee; they are beginning to delegate ESG oversight in whole or in parts to various committees.

While committees responsible for ESG will have elements of ESG in their specific terms of reference, drawing on insights from our interactions with directors and business leaders, we highlight eight issues for the board and any committee focused on ESG to keep in mind as they provide oversight on ESG matters.

Clarity of purpose

Oversight of ESG risks and opportunities is a significant challenge, involving the full board and potentially multiple board committees. For example, elements of climate and diversity, equality and inclusion (DEI) oversight likely reside with the audit, risk management, human resources and other relevant committees – as well as the ESG committee, where they exist.

Consideration needs to be given to the coordination between committees as well as the information flows to the committees from the corporate functions (risk, internal audit, operations, legal, etc.) and from the committees to the board itself. For example, climate change might initially appear to reside with an ESGresponsible committee, but it will also likely touch the audit committee (data, the systems that produce that data, and the disclosures within the annual report), the remuneration committee (management incentives), and the nomination committee (the skills and experience of board members and senior management). Overlap is to be expected, but this puts a premium on information sharing, communication, and coordination between the committees. It also requires that committees have the expertise to oversee the issues delegated to them.

Contact Us

Lagos

KPMG Tower,

Bishop Aboyade Cole Street Victoria Island

Tel: +234 9068459329

Abuja

84, Kwame Nkrumah Crescent, 

Asokoro Abuja. FCT.

Tel: +2349062278732