Annual Report 2015 (including the Transparency Report)

Annual Report 2015

Investing to become the clear choice

Investing to become the clear choice

Simon Collins, UK Chairman of KPMG, said: “Our industry is in the midst of historical change: the statutory audit is being overhauled at home and internationally; the tax debate is hotly contested and the demand from business for independent consulting services in transformation, risk, technology and corporate finance is huge. We have introduced audit opinions which go beyond regulatory requirements to meet investor needs better; engaged in international regulatory change on tax and invested heavily – to the tune of £49m – in acquisitions which bolster our consulting business. Overall, we have invested £196m in our business to set it on the path to sustainable long-term profitable growth. Though growth is not yet where we want it to be, we have held our nerve on our investments and I am pleased that we are now seeing returns come through."

Chairman's statement

Chairman's statement

“We have gone into FY 2016 with a clear sense of who and what we are.”

 
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Highlights

Highlights

A summary of last year’s financial performance and our people.

 
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Business model

Business model

We are a people led business that depends on a network of high quality resources and relationships that add value to our clients, the capital markets and wider society.

 
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