KPMG Revenue Grows 14% to $35 Billion, Fueled by Advisory Arm

Accounting firm KPMG said its global revenue rose 14% to almost $35 billion last year, with its advisory arm acting as the main engine of growth.

KPMG advisory revenue grew 19% to $15.4 billion in the financial year ending in September, according to a release published on Tuesday. The audit unit recorded an 8% rise to $11.6 billion while tax and legal services were up 10% to $7.6 billion.

The professional services firm said it added 29,000 net new jobs globally during the period. The company has more than 265,000 staff in 143 countries, according to the statement.

Those joiners ...