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KPMG has announced the appointment of Scott Flynn as the incoming global head of audit, following Larry Bradley’s decision to retire from the role on 31 March 2025.
Currently the head of the US firm’s audit practice, Flynn is due to assume the role on 1 April 2025.
He brings more than 30 years of experience working with multinational companies, and has been head of audit at KPMG in the US since 2020.
Under Flynn’s tenure, the US audit practice has transformed its audit approach, its systems of quality and control and its usage of people and technology through a multi-year investment programme, surpassing $4bn (£3.2bn) in revenue for the first time.
Flynn said: “At a time when businesses throughout the world face increasingly complex challenges, financial and non-financial reporting is even more critical to enhancing trust in the capital markets.
“I look forward to working together across the globe to build upon our efforts to transform the audit, helping KPMG to build a global organization of the future, making a difference for our clients, our people and society.”
Larry Bradley will retire after a 42-year career with KPMG, having led the firm’s global audit practice since 2020 through a period of significant change, including overseeing investment in audit quality, the global rollout of KPMG’s audit workflow platform Clara including the deployment of AI, and the implementation of SoQM, a globally consistent system of quality of management.
Bill Thomas, chairman and CEO of KPMG International, added: “I would like to thank Larry for his tremendous leadership and the huge contribution he has made to KPMG’s success. I wish him all the best for his retirement. Scott’s experience in driving audit quality, setting standards and driving technology-enabled transformation will be critical for the future of our global audit practice.
“Audit is the foundation of our organization, and I’m confident that under Scott’s leadership, our global audit practice will continue to drive quality and trust in the capital markets and deliver long-term sustainable growth.”
