Audit & Big 4 firm KPMG posts all time high global revenues and recruit new partners
KPMG has posted all time high global revenues of $23.4bn £14.3bn or €17bn. This was mainly due to the strong growth in the emerging markets.
America grew by 6.7% while the EMA region grew by 2.6% with the strongest performances coming from Germany, Ireland and Switzerland. Asia-Pacific grew by 1.1% but India, Mexico, Africa and China saw a growth in the double-digits.
Audit growth remained at 1.2% but tax revenues grew by 4.2%.
KPMG has recently won the audit contract for Unilever. Read more in our previous blog Unilever appoints audit firm KPMG as new auditor. The Big 4 firm is also the new auditors of the Berkeley Group, Big 4 audit firms appointed as new auditors for Berkeley Group and Marks & Spencers.
KPMG have also announced they appointed two new partners to their tax and pensions practice. The two new partners are Harinder Soor, capital allowances and Paul McCartney, private equity.
As well as this a number of promotions to director level have been made. David O’Hara, Jonathan Sharp, Matthew Calveley, Scott Kendrick and Thomas Whiteley have been made directors.
This is on top of the already five partners and twenty directors promoted this summer.
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