KPMG is pleased to have been named ‘Global Firm of the Year’ at the British Accountancy Awards last night, the prestigious awards event for the accountancy industry. This is the third year in a row that KPMG has won the accolade. KPMG’s Raylene Whitford was named ‘New Accountant of the Year’.
The judges praised KPMG for its “diversity of client base” and “commitment to corporate responsibility”, adding that the firm really “walks the walk” in this respect. The award comes after a year in which KPMG increased its revenues from £1,602 million to £1,707 million (FY 2011), including a 43 percent leap in Risk Consulting revenues. The firm was the leading M&A financial adviser by volume for the second year in succession and was ranked number 1 on the 2012 Global Outsourcing 100. Audit wins in the year included FTSE 100 Kazakhmys Plc. The firm also won three awards at the Insolvency and Rescue Awards 2011.
The firm has invested significant time and resources in addressing corporate responsibility and diversity issues. This includes a “STARS” programme in which the best talent from local East London boroughs joins the firm at its Canary Wharf head offices for 11 months’ paid work experience. Sixty percent of the first year’s intake have subsequently taken on permanent roles at KPMG. In response to perceived barriers to career progression for women, KPMG launched ‘Reach’, a new development programme as part of a wider effort to help women fulfil their potential, and to retain talented people in the firm.
KPMG has a strong tradition in volunteering and made a total investment of more than £10 million over the year (time, cash or in-kind) with over 55,000 volunteering hours across the firm. The firm also launched its first cross-border CSR programme, BRIGHT, which has seen nearly 100 participants deliver pro bono work worth £2.6 million to three international charities. The firm has an Education Outreach programme working with over 50 schools and colleges in the UK and has launched a highly successful sustainable procurement programme.
KPMG is pleased that Raylene Whitford won the award for ‘New Accountant of the Year’. Since qualifying as a chartered accountant in November 2011, Raylene has become a key member of the firm’s Energy and Natural Resources group, operating at a level well above what would normally be expected at this stage of her career. The judges commented that she is “exceptional in her industry focus”.
Commenting on the awards, Simon Collins, senior partner at KPMG, said: ““We’re really thrilled to have been acknowledged with this important award. We serve our clients best by creating an environment where our people can flourish and where talented individuals of all backgrounds can play a part. I am really proud of our people and proud that their passion and commitment has been recognised.”
The British Accountancy Awards are run by Incisive Media. Full details of the award winners is available at www.accountancyage.com
Media enquiries to:
Mark Hamilton, KPMG Corporate Communications: 020 7694 2687
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with over 11,000 partners and staff. The UK firm recorded a turnover of £1.7 billion in the year ended September 2011. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 152 countries and have 145,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. KPMG International provides no client services.