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KPMG reports 8% growth globally for FY16

KPMG international reported 8% growth in revenue to $25.4bn the year ending 30 September 2016. Growth was driven by advisory work in the Americas and Asia Pacific.

The network reported growth across all geographic regions with the Americas (9.6%) and Asia Pacific (9.8%) being the fastest growing regions. Europe, Middle East and Africa reported 6% growth.

Unsurprisingly the best performing service line was advisory with a reported growth of 11.5% in revenue. But KPMG also reported growth in Tax (8.8%) and Audit (4.5%).

John Veihmeyer, chairman of KPMG International said: “Our strategic investments in technology, alliances, and our people, are fuelling our growth across our geographies and service lines.”

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