Transparency report

Transparency report

KPMG in Qatar Transparency Report for the year ended 30 September 2016 is prepared to describe our structure and governance.

Transparency report

In this KPMG in Qatar Transparency Report covering our financial year ended 30 September 2016 and prepared in accordance with the standards set by article 40 of the European Union Statutory Audit Directive, we describe our system of quality control as well as our structure and governance.

Audit quality, supported by our methodologies and processes, is at the heart of our culture of integrity and our drive for continuous improvement.

Our vision is to be the clear choice by ensuring our people are extraordinary, our clients see a difference in us and the public trusts us.

Our leadership strives to promote a culture that quality is everyone’s job. Our methodologies and processes, to which we refer in this document, similarly reflect the drive for quality. We remain committed to working closely with regulators, committees, investors and businesses to enhance quality.

Our business

KPMG in Qatar is a professional services firm that delivers Audit, Tax and Advisory services through two entities namely KPMG, Qatar & KPMG LLC. We operate out of one office in the State of Qatar and had an average of 248 personnel in the year to 30 September 2016 (2015: 228).

Our strategy

Our strategy is set by the Partners of KPMG, Qatar (KPMG, Qatar & KPMG LLC) and has remained consistent for some time. Our overall ambition remains to be a leading multi-disciplinary professional services firm in the State of Qatar.The Partners of KPMG, Qatar believe that a commitment to quality is paramount and has adopted the policies of quality control issued by KPMG International.

Legal structure

KPMG in Qatar and KPMG LLC are affiliated with KPMG International Cooperative (“KPMG International”). KPMG International is a Swiss cooperative which is a legal entity formed under Swiss law. It is the entity with which all the member firms of the KPMG network are affiliated. Further details about KPMG International and its business, including our relationship with it, are available in the supplement to the KPMG International Transparency Report.

KPMG in Qatar is registered with Ministry of Economy and Commerce, State of Qatar under registration number 3. KPMG LLC is registered with the Qatar Financial Centre Authority (QFCA), State of Qatar under registration number 51.

Both KPMG in Qatar and KPMG LLC are owned by Mr. Jamal Fakhro, Managing Partner.During the year to 30 September 2016, there was an average of 10 partners in KPMG Qatar (2015: 10 partners).

For more on the KPMG in Qatar Transparency Report please click here.