Anticipate.
Innovate.
Deliver.
2016 International
Annual Review
KPMG International
kpmg/annualreview
KPMG professionals
anticipate, innovate
and deliver in more
than 150 countries
around the world.
Read about it in
the 2016 KPMG
International Annual
Review.
Table of contents
Leadership
insight222834
Inspiring
people
Building trust
Improving our
communities
Innovating for
clients
How we work
& financials
Leadership insight
The CEOs I meet with around the world
are facing a multitude of challenges
and signifcant new opportunities. The
impact of transformational technology,
marketplace disruption, the arrival of
new competitors and the challenge
of staying close to an increasingly
transient consumer, are consistent and
particularly relevant themes. There is
an escalating degree of “uncertainty”
that needs to be factored into our own
plans and those of the businesses that
KPMG frms work with in more than
150 countries around the globe. And
while the world remains an uncertain
place, I am immensely proud of how
KPMG continues to adapt to our “new
normal” and to succeed and grow in
this challenging and hyper-competitive
market.
Over the past year, we’ve again achieved
strong growth across our Audit, Tax
and Advisory businesses, investing in
important areas, including our people,
technology and innovation, to support
delivery of market-leading solutions to
the most pressing challenges facing
clients in today’s uncertain world.
The theme for our International
Annual Review this year is “Anticipate.
Innovate. Deliver.”, and that is just what
KPMG member frms around the world
have been doing for clients throughout
2016. In this year’s Annual Review,
which once again is a completely
digital experience, you will be able
to explore examples of how KPMG
is working shoulder-to-shoulder with
clients to deliver real results, and
creating a modern, innovative working
environment in which our people can
prosper.
Building public trust has always been at
the heart of everything we do at KPMG,
and that has never been more relevant
than it is today. We know that trust
has to be earned, and it starts with a
relentless focus on quality across every
one of our lines of business, sectors,
and functions. We spend many tens of
thousands of training hours a year to
help ensure that all KPMG professionals
Chairman’s message
understand their responsibilities,
and obligations, and we continuously
strengthen our commitment to building
trust and ensuring quality in everything
we do.
We also work at all levels of our
business to ensure that trust is
always top of mind for our people. We
encourage partners and colleagues to
live our values every day — meaning
that in every interaction and every
situation, we expect them to act with
integrity.
At KPMG we know that despite all
the recent advances in technology,
ultimately what still makes the
difference to clients is their experience
when they work with KPMG people.
Which is one of the reasons we’re
more focused than ever on ensuring
that we attract, develop and retain truly
extraordinary people across every area
of our business. This year, we continued
to be an employer of choice, recruiting
more than 50,000 people into KPMG
member frms, including more than
37,000 new graduates and other entry-
level professionals and creating more
than 15,000 new roles. We grew our
overall headcount by 8.6 percent, and
we added more than 900 new partners.
I am immensely proud and appreciative
of our 189,000 KPMG colleagues
around the world. We’re backing up our
focus on people with real action. We
have made inclusion and diversity a top
priority in our business strategy, as we
seek to ensure that our teams have the
diversity of thought and experience
needed to bring the highest quality
to every situation. Inclusion involves
creating a culture that embraces,
respects and values differences in all
of our people, and ensures that every
John Veihmeyer at the World Economic Forum Annual Meeting in Davos in
January 2016, discussing the frontiers of innovation in the fourth industrial revolution.
2016 International Annual Review4
person is confdent they can achieve all
their ambitions at KPMG.
Global mobility is another area of
emphasis — bringing a breadth of
perspective and knowledge to clients
that value KPMG professionals with
international experience. We know the
value of a truly global perspective and
we want to provide as many global
opportunities as we can for our people,
at the same time ensuring we have the
right people, with the right skills, in the
right place, at the right time for clients.
We are planning investments of more
than US$2.5 billion over the next 3 years
in new services, technology, alliances
and acquisitions, focused particularly on
Audit, as well as Data & Analytics, Cyber
Security and Digital Labor across all our
lines of business. We’re expanding our
capabilities by growing and leveraging
strategic alliances with leading
companies, including IBM, Microsoft,
Oracle, ServiceNow and Workday. These
are just some of the ways in which
we are striving to ensure clients see a
difference in KPMG.
I’m confdent that as we continue our
uncompromising focus on quality, our
commitment to offering clients the
full breadth of professional services
across the world, and our investments
in innovation, new technologies and
ways of working, that we will continue
to inspire confdence and empower
change, in the marketplace and our
communities.
John Veihmeyer
Chairman, KPMG International
to deliver real results.
John Veihmeyer
Chairman
KPMG International
KPMG is
working
shoulder-to-
shoulder with
clients
5Leadership insight
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