Question

In: Accounting

Describe the KPMG performance measurement systems – Describe what’s happening today and issues

Describe the KPMG performance measurement systems – Describe what’s happening today and issues

Solutions

Expert Solution

KPMG is one of the best company for its audit services ,it is also one of the big four companies in auditing world. The company has its own performance management system that is tailor made specifically for ita requirements.These are

•The company has its own strategic plans as per which every organization performs,it has its own vision, mission, values which gives a proper direction to the company

•Performance management system is design to be flexible so as per the needs its can be changed and will not hamper the smoothness of its performance

•Through all stages the necessary support is provided with the implementation of this system

Although these performance management systems works for the development of the performance of the company, it still faces some problems like the company is huge signed and its not easy to manage it and whistle blowing is also a reason to it, though the auditing company should provide true and fair statement window dressing can also be seen.


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