• <a fr-original-style="" href="https://www.ft.com/content/bea69f5d-7105-411d-985f-378eab49333f" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">KPMG reported revenues of $34.6 billion</a> for its most recent financial year, growing more slowly than its Big Four rivals despite an 8% increase in sales, driven mainly by its advisory arm.<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">By the numbers: Revenues in the advisory unit rose 13% year-on-year to $15.4 billion in the 12 months to the end of September, fuelled by work on deals and technology consulting, which increased by one-fifth as companies sought help with transforming their operations and using cloud computing.</li></ul><ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Looking ahead… Chief executive Bill Thomas rejected the idea of an EY-style break-up of KPMG’s audit and consulting businesses in a statement on Tuesday, saying that the firm’s performance "validates an unwavering commitment to deliver services . . . through a multidisciplinary approach."</li></ul>

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