Jim Newton

Jim Newton

Audit Partner, Financial Institutions and Co-Chair, Board Leadership Centre

KPMG in Canada

Jim is the Lead Audit Partner for some of Canada’s largest financial institutions. During his over 25 years of experience at KPMG, he served as National Banking Audit Leader and Group Leader of the financial institutions audit practice in Toronto. He has deep understanding of audit issues, audit committee responsibilities and corporate governance, and is actively involved with the Institute for Corporate Directors (ICD). He currently serves as co-Chair of KPMG in Canada’s Board Leadership Centre (BLC).

Jim previously chaired the Canadian Institute of Chartered Accountants Internal Control Reporting Task Force, which developed financial reporting internal control standards. As a Partner at KPMG’s Global Services Center in the U.S., he led the development of KPMG’s global framework for financial statement and internal control audit methodologies and training programs related to the 2002 Sarbanes-Oxley Act. Jim also served on a Task Force of the highly regarded Committee of Sponsoring Organizations of the Treadway Commission (COSO), which provides thought leadership on enterprise risk management, internal control and fraud deterrence.

Jim is the current Chair of the National Diabetes Trust and the co-founder and former co-chair of KPMG’s National Partner for Life program with Canadian Blood Services.

Areas of expertise
Audit Banking Financial Services
Education and qualifications
  • B.Comm., University of Toronto


  • Financial Statement Auditing


  • International Financial Reporting Standards (IFRS)

  • Internal Control Audit and Advisory Services

Other Experiences
  • IT Auditing

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