KPMG Australia Clients

KPMG Australia is led by its CEO Andrew Yates who took over in July, 2021. KPMG Revenues were 1.9 billion AUD up 7% when compared with FY 19. Audit, Assurance & Risk Consulting (AARC) revenues was up 9%, Deals, Tax & Legal was up 8.1%, Enterprise was up 5.8%, Management Consulting was up 4.6%, and KPMG Strategy was up 13.5%.

The break-out of KPMG’s revenues across the various service lines are as follows.

KPMG’s non-audit services to non-audit clients increased on an average by 12% each year over the past 5 years. Audit services increased on an average by 5% while non-audit services to audit clients has remained fairly consistent.

Number of KPMG partners in the audit practice declined by 2% each year over the past 5 years. The audit staff personnel has remained consistent over the past five years. There was a 20% increase in 2016 followed by a 9% and 5% decline in 2018 and 2019.

KPMG audits 40 of the 200 Companies in the ASX200 Index, a healthy 20% audit market share. Among companies in the ASX 200 Index, KPMG leads other big4 firms in the materials sectors. Of the 37 Materials Companies in ASX 200, KPMG audits 11 of them. Refer to the other posts on the distribution of ASX 200 clients among the other three big4 firms.

Top 25 KPMG audit clients in the order of the clients market capitalization are as follows:

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