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02 Dec 2002
The Big Four firm said it was able to increase its overall revenue by 3.5% to $10.7bn (£6.9bn) for the year ending on September 30, 2002. Strongest performance was marked in financial advisory services, which recorded an 8.6% growth.
KPMG showed its strongest regional growth in Europe, the Middle East and Africa, with and increase of 6.4%. Its America's revenues remained nearly the same as last year.
'We're pleased with our overall performance, particularly in a year during which our profession experienced unprecedented change,' said Mike Rake, chairman of KPMG International.
To calculate its 2002 growth figure KPMG revised last year's comparitive figure. Rake said KPMG downsized the previously reported revenue total from $11.7 to $10.3 to reflect the separation of its remaining consulting business.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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