Big 4 revenues: KPMG sees double-digit global growth

KPMG grew global revenues by 14.5% to $22.7bn for 2008, and at 8.4% in local currency terms.

The firm's service lines all performed strongly, while regionally Asia-Pacific, central and Eastern Europe and the commonwealth of independent states all performed well.

BRIC countries (Brazil, Russia, India and China) grew by 37%.

'In a period of profound and unprecedented changes, our profession, and in particular KPMG firms are well positioned and committed to help clients address the significant challenges ahead,' said KPMG International Timothy P Flynn.

The firm cut 90 jobs in corporate finance earlier in the year.

Source: AccountancyAge