KPMG

Can we trust AI to grant you a loan?

Assessment of credit worthiness and health and life insurance risk have been designated as ‘high risk’ under the Artificial Intelligence Act

Irish workers would turn down a job offer if remote working was not possible

The best news, analysis and comment from The Irish Times business desk

Nearly two-thirds of large Irish companies using AI in financial reporting

Executives cite advantages such as predicting trends, effects and providing real-time insight into risks

Shoppers still focused on price even as inflation slows

Irish people increasingly aware of ‘shrinkflation’

Government should incentivise staff accommodation development – KPMG

Number of businesses have started providing homes for their workers amid shortage

Taxation on investments: What changes might be on the way?

Consensus is that Irish system for taxing investments is inconsistent and offputting for investors

KPMG Ireland opens new Dublin AI hub with plans to create 200 jobs

New unit will assist clients looking to navigate impending EU rules governing the technology

KPMG exam cheats hit with record US fine

Latest ethics scandal to hit a Big Four accountancy firm shows how hundreds of staff shared questions and answers

It doesn’t pay to be a working-class professional

Class is a bigger barrier to career progress than gender or ethnicity in some City firms

Start-ups: Ignore the figures at your peril

Researchers say entrepreneurs often ignore the early warning signs of failure as they cling to common myths about starting a business

EU rules drive pharma backers to the US, says IDA Ireland chief

Europe’s regulations have become ‘too burdensome’ and could hinder innovation, argues Michael Lohan

Irish fintech investment plunges 94% amid global decline, KPMG says

Higher interest rates and global uncertainty saw investors hold on to their money in 2023

Deloitte launches biggest reorganisation in decade to cut costs

Revamp comes after Big Four firm decided against splitting up its audit and consulting businesses

Forget the broadcasters, accountants are now centre stage at RTÉ

The latest arrival on the RTÉ carousel is former KPMG chief Terence O’Rourke, with more accountants set to come to Montrose

KPMG fined €1.75m in UK over audit of M&C Saatchi

Financial Reporting Council says Big Four firm’s audit failed to meet requirements

KPMG calls for increase in tax-free pension ceiling and lump sums

Standard fund threshold set at €2m in 2014 needs to increase to account for inflation, life expectancy, annuity costs and demographics, Big Four firm says

Unclaimed tax refunds: How to get some of your tax back

Irish taxpayers are losing out by an average of almost €300 each by not filing a tax return each year and claiming credits they are due

Value of Irish funds industry grows, reversing 2022 decline

Growth driven in part by an increase in the value of exchange-traded funds during the year

Venture capital investment in Irish companies declined by a third in 2023

Annual VC funds fell to 2019 levels amid investor caution, KPMG report finds

Majority support energy infrastructure projects if they provide local jobs and support communities – survey

Low EV ownership due mainly to cost concerns, while only one in five are interested in switching to an electric vehicle in next five years

Reason to believe State’s technical recession has passed, says KPMG

Firm forecasts that Irish growth in 2024 will be ahead of 2.2% predicted growth globally

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