We recognize that clients are looking for the best solutions and advice, locally implemented with a global mindset. We help client-facing teams coalesce around the issues that matter most with support from our Centers of Excellence and our global methodologies and approaches. Our Centers of Excellence are small groups of mobile, global specialists who support our member firms in bringing high quality industry and technical expertise to our clients.
Our Audit practice is frequently recognized as among the best in the world by clients, regulators and industry associations. In large part, this is due to the integrity, quality and proven approaches that we bring to audit engagements. In fact, for all of 2011 and for the first half of 2012, KPMG has been ranked #1 in the Securities and Exchange Commission (SEC) auditor change rankings by Accounting News Report. In particular, the rankings note that KPMG has led the way in the increase in number of SEC engagements won, the increase in revenue audited and the increase in audit fees on new SEC engagements.
We are also a highly-recognized leader in advisory services and have been ranked as one of the top three Risk Consultancies for 2 consecutive years in the Operational Risk & Regulation Consultancy Rankings, the Accountancy Firm of the Year (2011) by the FT Mergermarket European M&A Awards, and the World’s Best Outsourcing Advisors by the International Association of Outsourcing Professionals.
Businesses also recognize our contribution to their success: this year, we enjoyed steady growth in our Advisory business overall and achieved a significant 15 percent increase in our Management Consulting revenues with higher gains in many of our key growth markets.
Our Tax practice is equally respected in global markets. Whether we are helping our clients to develop responsible tax strategies or working with tax authorities to create appropriate and practical tax regimes, KPMG tax professionals are amongst the most respected in the world. In the US, our tax practice – which serves more than half of the Fortune 500 – achieved revenue growth of more than 11 percent, outpacing all of our major competitors in the market last year. At the same time, our practices in the high growth markets of India, Africa, China, Korea and Russia all posted double digits gains in tax revenues.
It is this KPMG difference that is central to our ability to help clients achieve their objectives and cut through the complexity of today’s turbulent marketplace. No matter where in the world clients operate, or in what industry sectors, they know that they can count on KPMG professionals to combine a global mindset with local insight and practical experience to meet – and where possible exceed – their high expectations. That is the KPMG difference.
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