KPMG boost global revenues by 10%
Growth across the board for KPMG's member firms
KPMG’S FIRMS grew total revenues by 10% to $22.7bn (£14.6bn).
The firm saw revenue increases across all service lines and sectors. The growth represented 6.2% growth in local currency terms.
Audit revenues grew 1.8% in local currency to $10.48bn, tax revenues grew 8.5% to $4.7bn while advisory increased 11.2% to $7.5bn.
India and Brazil grew at 25% and 22% respectively, in local currency terms.
“To achieve double-digit growth in such a tough environment shows that we have the right strategy,” said Michael J Andrew, chairman of KPMG International. “We achieved this by focusing on fundamentals and organic growth and making common investments in our strategic priorities.”