Latest KPMG International Stories

HONG KONG, Dec. 12, 2012 /PRNewswire/ -- KPMG International (KPMG) today announced record-high combined revenues of US$23.03 billion for the fiscal year ending 30 September 2012, representing a 4.4% increase over the previous year in local currency terms. When adjusted to US dollars revenues increased by 1.4%, reflecting the relative strength of the US dollar. At a time of ongoing global economic challenges, the growth reflects our continued strategic focus on investments in...

NEW YORK, Dec. 12, 2012 /PRNewswire/ -- A large number of companies have adopted a data analytics strategy to better leverage in-house information, but management teams don't seem to have the right access to marketplace data needed to make strategic decisions, says a new survey from KPMG LLP, the U.S. audit, tax and advisory firm. More than 60 percent of respondents to a KPMG survey taken during Oracle OpenWorld, the flagship conference of Oracle Corporation, said their...

SANTA CLARA, Calif., Dec. 11, 2012 /PRNewswire/ -- Semiconductor industry executives are planning for an industry rebound in 2013, most likely weighted to the second half of the year. Looking beyond the recovery, the U.S. has moved ahead of China as the most important market for revenue, according to this year's global semiconductor industry survey from KPMG LLP, the U.S. audit, tax and advisory firm. A year ago, semiconductor executives surveyed by KPMG anticipated lower growth...

SANTA CLARA, Calif., Dec. 6, 2012 /PRNewswire/ -- Cloud-based services revenue in two years is expected to comprise nearly twice its current share of provider revenue, even as providers believe that showing evidence of cost savings is the biggest barrier to cloud adoption, according to the 2012 Cloud Providers Global Survey from KPMG International. Revenue from business users' migration to cloud in the coming two years will be increasingly for data-intensive applications, such as...

NEW YORK, Nov. 27, 2012 /PRNewswire/ -- With the deadline next month for states to provide plans and declare whether they will run a state-based health insurance exchange or rely on one from the federal government, Paul Hencoski, KPMG Principal and National Lead Partner for Health and Human Services, is available to offer insight and analysis on what the decision by the states means, how the exchanges will work, and the outlook on how they will be managed and operated. Required by...

NEW YORK, Nov. 27, 2012 /PRNewswire/ -- KPMG LLP, the U.S. audit, tax and advisory firm, today announced the appointment of Ashraf W. Shehata as the newest U.S. member of its Global Healthcare Center of Excellence (CoE). At KPMG, Shehata will provide executive leadership in healthcare IT, including meaningful use achievement, health information exchanges, longitudinal clinical records, cloud-based healthcare IT, and clinical and other healthcare business intelligence....

NEW YORK, Nov. 8, 2012 /PRNewswire/ -- Spurred by the individual health insurance mandate and the prospect of adding thousands to their rolls, a majority of health insurance leaders say their organizations are already preparing or implementing plans to participate in health insurance exchanges, according to the results of a poll conducted by KPMG LLP, the U.S. audit, tax and advisory services firm. More than two thirds of health plan business leaders who participated in the KPMG...

NEW YORK, Nov. 1, 2012 /PRNewswire/ -- Globalization, talent constraints and new technology pose significant opportunities for material change in human resources (HR), according to new research from audit, tax and advisory firm KPMG LLP, which found rising skepticism in the executive suite about the overall effectiveness of today's HR function. In a global survey of more than 400 senior executives, only 17 percent of respondents said HR does a good job of demonstrating its value to...

SAN DIEGO, Oct. 16, 2012 /PRNewswire/ -- KPMG LLP, official hat sponsor of PGA Tour star Phil Mickelson, announced today that it will donate $50,000 to First Book, for the purchase of 20,000 new books for children in need. The donation is being made in honor of Mickelson making a 100-yard "KPMG Chip4Charity" shot at halftime of the Monday Night Football Game in San Diego. Mickelson hit the winning wedge onto the green at Qualcomm Stadium during halftime of the Broncos vs. Chargers...

NEW YORK, Oct. 4, 2012 /PRNewswire/ -- KPMG LLP, official hat sponsor of PGA Tour star Phil Mickelson, announced today that Mickelson will attempt a $1 million "KPMG Chip4Charity" shot at halftime of the Monday Night Football game on Oct. 15, when the San Diego Chargers host the Denver Broncos at Qualcomm Stadium. At stake for the 100-yard shot is as much as $1 million for First Book, a non-profit organization which provides new books for children in need. Mickelson will be...