Revenue of KPMG worldwide by function 2010-2020

In 2020, global revenue from KPMG’s advisory services overtook the revenue generated from their audit segment, with 11.67 billion U.S. dollars from advisory services compared with 11.07 billion U.S. dollars from audit.

KPMG worldwide

KPMG is a multinational professional services network with its headquarters in the Netherlands. As of 2020, they employed almost 227,000 staff, with the majority located in Europe, the Middle East, Africa and India (EMA). EMA is also the region generating the highest share of KPMG’s revenue. Moreover, their presence in the Americas lags behind that of the other Big Four accounting firms, with the gap being lower in other regions. In terms of both revenue and employment, KPMG is the smallest of the Big Four.

KPMG services

Multinational accountancy and consultancy network KPMG is broadly divided into three main services: audit, advisory and tax. Audit is perhaps the area KPMG (and the other large accountancy firms) are most famous for, consisting of financial statement audits, as well as other forms of company audits, business reporting/analytics and risk assessment. In both the Americas and the Asia Pacific region, this is KPMG’s largest function. The advisory segment includes consulting services, especially management and risk consulting, business strategy and advice on investments. Finally, the tax segment focuses on taxation and legal advice.