KPMG in Qatar records strong growth in FY21

KPMG in Qatar continued investing in people and technology, expanded new lines of business, which yielded double digit growth compared to the PY

KPMG in Qatar records strong growth in FY21

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Article Posted date 18 January 2022
1 min read

KPMG International announced annual aggregated revenues for KPMG firms globally of $32.13 billion for the fiscal year ending 30 September 2021.

  • KPMG in Qatar continued investing in people and technology, expanded new lines of business (predominantly digital advisory including digital transformation, innovation, ESG and cybersecurity) which yielded double digit growth compared to the previous year.
  • Significant growth was achieved across the business divisions with Advisory and Tax growing over 24% each. Audit maintained its top position in the market and achieved around 1.5% growth despite a challenging year.
  • 168 new clients were acquired in FY21.

 

KPMG in Qatar: KPMG International announced annual aggregated global revenues for KPMG firms of $32.13 billion for the fiscal year ending 30 September 2021 (FY21). Reporting a 10% increase in US dollar revenues from FY20, this follows an extensive period of investment and focus on priority services and solutions addressing the challenges faced by businesses across the globe. 

Bill Thomas

2021 was a strong year for KPMG. We achieved outstanding growth in a challenging business climate, unveiled KPMG: Our Impact Plan to help drive sustainable change across our organization, and launched a new global ESG plan to support our clients in achieving their goals of addressing the most existential challenges — while making a difference in the world.

I am thankful to our talented teams who have worked tirelessly, in difficult circumstances, to ensure we met the rapidly evolving needs of our clients. We have focused first and foremost on enhancing quality and building trust. We have also worked with our leading ecosystem of alliances to support business and technology transformation. This year’s financial success is the result of KPMG firms coming together to chart a new trajectory for the global organization with a commitment to a bold ambition to become the most trusted and trustworthy professional services firm.


Bill Thomas
Global Chairman & CEO
KPMG International
Ahmed Abu-Sharkh

In FY21, KPMG has proven great resilience in the face of uncertainty, with the support of all the phenomenal staff across all business areas. Becoming agile and managing uncertainty with calculated decisiveness led us to securing creative strategies around digital transformation, social responsibility, and implementing environmental, social and governance (ESG) initiatives throughout the organization. Our exceptional progress thus far has driven us to become more optimistic and confident in driving success and trust in the services that we provide as we support our clients in achieving their goals


Ahmed Abu-Sharkh
Country Senior Partner
KPMG in Qatar

During FY21, the global organization committed to a more than $1.5 billion investment to focus on a multi-year program to accelerate the delivery of its global ESG plan and solutions. KPMG is in its third year of a $5 billion commitment to digital transformation, focused on purpose-driven technology, people and innovation. The organization continued to invest significantly as part of its $1 billion investment in Tax and Legal technology to enable solutions like KPMG Digital Gateway. 

Media contacts in Qatar

Sudesh Pursad

Director, Clients & Markets
KPMG in Qatar
Mob: +974 50098699
Ph: +974 44576444
spursad@kpmg.com