PracticeAccounting FirmsKPMG figures up

KPMG figures up

Rapid growth in corporate recovery services helped boost fee income at KPMG by 18% to £1,372m in 2001 the firm revealed today.

Insolvency and corporate turnaround work increased by 33% over the year, reflecting the state of the economy.

The firm also announced a 27% growth in its consulting services and 21% increase in audit and accounting revenues.

But it was not good news for partners, whose average earnings remained flat at £415,000.

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