KPMG boost global revenues by 10%

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.”

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