KPMG has recorded double digit growth
increasing its global revenues by more than 10% to $22.7bn for the
fiscal year ending 31 September 2011.
The Big Four firm reported robust growth of
about 15% in advisory followed by a 13% increase in tax and a 6%
increase in audit revenues.
KPMG International chairman Michael
Andrew said the firm achieved double digit growth through “focusing
on fundamentals and organic growth and making common investments in
our strategic priorities.”
The firms said its most striking results came
from high growth markets such as India, which grew at 25%, and
Brazil at 22% in local currency terms.
Revenues grew across all geographic regions
with the largest growth coming from Asia Pacific (17%) followed by
the Americas (11%) and Europe, the Middle East, Africa and India
(8%).
In terms of staff KPMG increased by 5% to
144,677 globally with 8,150 partners, 110,730 professionals and
25,797 administration staff.