KPMG achieves record global revenues for FY13

KPMG achieves record global revenuesKPMG achieves record global revenues for FY13 PR Newswire HONG KONG, Dec. 12, 2013 -- Growth across Audit, Tax and Advisory functions as well as key industries -- Over 45,000 new hires and net 3,000 partners and staff added to the network to take total number of people to a record high of 155,000 -- Significant investment in new services such as Data & Analytics and a focus on high-growth markets delivering strong growth -- Investment commitment across key geographies -- Sustained US$450 million investment program to continuously improve the KPMG audit -- Winner of the prestigious International Accounting Bulletin "2013 Sustainable Firm of the Year" award KPMG International (KPMG) today announced record-high aggregated revenues of US$23.42 billion for the fiscal year ended 30 September 2013, representing a 3.7% increase in local currency terms over the previous year. Michael J. Andrew, Chairman, KPMG International, commented: "Over the past year we have seen the first widespread signs of economic confidence returning to clients and this has led to improving demand for services around the world, accelerating growth in the second half of the year. Continuing to make significant investments in a difficult economic period while delivering operating efficiencies has ensured we are well- placed to meet this upturn in demand, and will drive stronger growth in the future. We are delighted to report record revenues in target high-growth markets.