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Sources: KPMG negotiated a 14% lower fee for its 2025 audit by threatening to find a new accountant if Grant Thornton didn't pass on its cost savings from AI (Stephen Foley/Financial Times) from Techmeme RSS feed.
Sources: KPMG negotiated a 14% lower fee for its 2025 audit by threatening to find a new accountant if Grant Thornton didn't pass on its cost savings from AI (Stephen Foley/Financial Times)
Stephen Foley / Financial Times:
Sources: KPMG negotiated a 14% lower fee for its 2025 audit by threatening to find a new accountant if Grant Thornton didn't pass on its cost savings from AI — Big Four accounting firm's move to cut fees for its own audit comes amid debate over pricing model