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Business News

Investments in new services and innovation drive KPMG growth

By CreditMan Thursday, December 10, 2015

  • Investments in new services, acquisitions and strong growth across core services drive fiscal year (FY) revenues of US$24.44 billion

  • Multi-year, US$1billion investment program in data and analytics (D&A) and new technologies continues, driving enhanced audit quality and greater insights for Tax and Advisory clients

  • Hired a record 24,000 new graduates, with the total workforce growing to 174,000

KPMG International today announced aggregated network revenues of US$24.44 billion for the fiscal year ending 30 September 2015, representing an 8.1% increase in local currency terms (up from 6.3% in the previous year).

"This has been an exciting year for KPMG, as we have continued to innovate and invest at a record pace to meet rapidly changing global business demands. The breadth of services offered to clients has expanded considerably, with significant investment in new technologies such as real-time D&A, a record number of acquisitions, and bringing on board thousands of new, highly talented professionals," said John Veihmeyer, Chairman, KPMG International.