About KPMG in Singapore

KPMG in Singapore is part of a global network of professional services firms providing Audit, Tax and Advisory services. The independent member firms of the KPMG network operate in 152 countries and have more than 145,000 professionals worldwide.

Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG's website is located at kpmg.com.sg

For media enquiries, please contact:

Lisa Lim
Assistant Manager, Marketing & Communications
+65 6507 1519

lisalim@kpmg.com.sg
Leow Si Wan
Assistant Manager, Marketing & Communications
+65 6507 1541

siwanleow@kpmg.com.sg
Kelvin Lee
Associate Director, Marketing & Communications, KPMG in Singapore
+65 6507 1534

kelvinlee1@kpmg.com.sg

Media Releases for 2011

Listed below are KPMG news and media releases for 2011.

Help with business costs and preservation of jobs

13 Dec 2011 – Amidst uncertain global outlook, companies in Singapore hope measures in Budget 2012 will help them manage costs & avoid retrenchments.

KPMG reports FY11 revenues of US$22.7 Billion

12 Dec 2011 – KPMG today announced member firm combined revenues totaling $22.7 billion for the fiscal year ending September 30 2011.

Winners unveiled at 2011 Enterprise 50 Awards: 'Structuring for optimal growth'

23 Nov 2011 - Singapore's 50 most enterprising companies for 2011 were announced at the E50 Awards Presentation & Gala Dinner this evening.

IASB proposals for investment companies could encourage more to switch to IFRS, but do they go far enough?

16 Nov 2011 - KPMG welcomed the second round of proposals on revenue issued today by the IASB & the US FASB.

Global rebalancing of corporate versus indirect tax continues: KPMG International Survey shows

16 November 2011 - The 2011 story of the world's corporate & indirect tax rates continues that of the one told in previous years.

Corporate Responsibility reporting on the rise globally, but Singapore has a long way to go

14 November 2011 - Corporate Responsibility (CR) or Sustainability reporting is now the norm at 95 percent of Global Fortune 250 (G250) companies.

Just Who are our CFOs?

6 November - The typical profile of a Chief Financial Officer in Singapore is likely to be male, between 40 & 49 years old, & trained in accounting.

Personal income tax rates have largely remained static over the last year: KPMG International survey shows

24 October 2011 - Less than 15% of 96 countries surveyed from around the world adjusted their top personal income tax rate over the last year.

Half of Chief Financial Officers (CFOs) in Singapore have less than three years of experience in this role: KPMG Study

21 Oct 2011 - Around 75% of CFOs polled in SG were not previously CFOs in their previous role, & ½ had been in their current role for less than 3 yrs.

Global manufacturers still place growth at the top of the agenda over the next two years notwithstanding macroeconomic risk and volatility

10 October 2011 - The report provides a comprehensive overview of the global manufacturing sector, along with observations & insights from a wide range of industry experts & leaders based on a recent industry-wide survey & executive interviews.

KPMG is number two again on list of World's Most Attractive Employers

29 Sep 2011 - KPMG has been ranked 2nd again in Universum's 2011 index of "The World's Most Attractive Employers."

More support quotas to achieve diversity - in boardroom study

19 September 2011 - A startling increase in the number of women & men on corporate boards supporting the introduction of quotas to ensure diversity.

Proposed amendments to consolidation requirements issue by the International Accounting Standards Board (IASB)

15 Sep 2011 - KPMG in Singapore gave qualified welcome to recent announcement of proposed amendments to consolidation requirements issued by the IASB.

KPMG's member firms set to hire 75,000 campus graduates

8 August 2011 - KPMG's member firms will hire approximately 75,000 campus graduates worldwide over the next 3 years, representing a 25% increase.

Average number of fraud incidents in Singapore on the rise

30 June 2011 - More than one in five companies (22 percent) in Singapore is likely to have experienced some kind of fraud since 2008.

Merger and acquisition transactions activity among renewable energy companies on the rise

20 June 2011 - China rises to second place after the US on list for renewable energy investment

60 percent of Singapore companies are increasingly concerned about impact of investigations by tax authorities

25 May 2011 - Survey found that many organisations are concerned about the impact of tax legislation, as well as risk & compliance management of GST.

KPMG appoints Michael J. Andrew as global chairman; first to hold role from the Asia Pacific Region

16 May 2011 - Michael Andrew, 54, has been elected as the Chairman of KPMG International. He will lead the KPMG global network of professional services firms providing Audit, Tax, and Advisory services for a four-year term, effective October 1, 2011.

Significant changes to consolidation and joint venture accounting under updated IFRSs, says KPMG

12 May 2011 - KPMG commented today that the new standards IFRS 10 and 11 published by the International Accounting Standards Board (IASB) could significantly change the consolidation evaluation and joint venture accounting for many companies.

2011 Enterprise 50 Awards: Structuring for optimal growth

04 May 2011 - Jointly organised by The Business Times of Singapore Press Holdings and KPMG in Singapore, the theme for this year's awards is 'Structuring for optimal growth'.

A third of businesses yet to implement sustainability plans, finds KPMG report

18 April 2011 - New KPMG Global Center of Excellence for Climate Change and Sustainability launched to help serve clients with furthering measureable, effective sustainability strategies.

Board diversity the key to rebuilding trust and improving governance: Women Corporate Directors

31 March 2011 - Heidrick & Struggles and KPMG in Singapore announced today they will be partnering with WomenCorporateDirectors (WCD), a global organisation of powerful women, in a bid to increase the influence and number of women on boards in Asia.

KPMG launches new CFO Institute and its Institutes network in Singapore

30 March 2011 - Launched today, the new KPMG CFO Institute in Singapore seeks to help CFOs in Singapore and the region to develop and upgrade their corporate finance functions.

Organisational complexity and professional staffing issues pose a threat to the effectiveness of finance functions

30 March 2011 - Increasing organisational complexity and human capital issues are posing grave risks to the effectiveness of finance functions. This is according to a new survey report sponsored by KPMG International titled A New Role for New Times.

Singapore Budget 2011: Comments from KPMG on the Budget Statement

18 February 2011 - Singapore's Budget statement was read in parliament on 18 February 2011. These are KPMG's reaction quotes.

Engineering and construction companies bullish on outlook for 2011

20 January 2011 - Almost half of survey respondents globally forecasted rising backlogs in 2011. Asia Pacific is the most bullish of all regions, with 21 percent confident of a significant increase.

KPMG survey finds semiconductor executives confident in sales and jobs outlook for 2011

11 January 2011 - 78 percent surveyed expect revenue will grow by more than 5 percent next year; 29 percent of respondents predict workforce growth of greater than 5 percent.

KPMG Tax Services: Wishlist for Budget 2011

04 January 2011 - Just as Singapore Budget 2010 sought to advance the Singapore economy, KPMG believes that Budget 2011 will seek to position Singapore as the gateway to Asia in the new decade.

Media Releases

© 2013 KPMG Services Pte. Ltd. (Registration No: 200003956G), a Singapore incorporated company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.

KPMG International Cooperative ("KPMG International") is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.