Kpmg Stands For Klynveld Peat Marwick Goerdeler Essay
3499 WordsJun 30, 201514 Pages
KPMG stands for Klynveld Peat Marwick Goerdeler, which was established in India in September 1993, and has rapidly built a significant competitive presence in the country. The firm operates from its offices in Mumbai, Pune, Delhi, Kolkata, Chennai, Bangalore, Hyderabad, Kochi, Chandigarh and Ahmedabad. It offers full range of services such as financial and business advisory, tax and regulatory and risk advisory services.
In India, KPMG has a client base of over 2700 companies. The firm’s global approach to service delivery helps provide value – added services to clients. The firm serves leading information technology companies and has a strong presence in the financial services and has a strong presence in the financial services sector in India while serving a number of market leaders in other industry segments.
Department Work Profile
“Audit Markets” department in KPMG, came into existence before the amendments were made in the audit section of the company’s act. Since then the department has been the key ingredient in firm’s success.
The vision of the department is to “help KPMG in attaining the largest market share in audit by converting every target into client”. Department’s major focus area is “Business Development”, which is fuelled by an organized department structure, a well thought-out methodology for approaching potential clients and building strong relationships with existing clients.
Figure 1: Work streams of Audit Markets Department
Following are the four main