KPMG in Qatar’s Post

I am pleased to share that our continued investments in strengthening the quality and trust agenda as well as in expanding our capabilities have, once again, led to robust financial performance across the MESAC (Middle East, South Asia, and Caspian) region. We saw aggregated revenues across the KPMG MESAC region climb by 22.4%. During this period, we witnessed double-digit growth across all three core functions in the MESAC region, with the most noticeable revenue increase in Advisory which observed an upshot of 30% over the prior year. We hired more than 4,200 people across the MESAC region including 78 partners and directors, pushing the region’s combined talent pool to more than 11,400 as of 30 September 2023. The FY23 numbers reflect our resilient growth, driven by the continued commitment to our multi-disciplinary model to deliver all-round impact and ensure sustainable growth in every domain we operate in. I am thankful to each one of you for your contribution toward making these successes possible, and I look forward to the year to come. #kpmgproud KPMG in Kuwait KPMG Bahrain KPMG Sri Lanka KPMG Saudi Arabia KPMG in Qatar KPMG Caucasus and Central Asia KPMG EG | Hazem Hassan KPMG In Pakistan KPMG Bangladesh KPMG Lower Gulf KPMG Jordan KPMG Georgia KPMG Armenia KPMG Azerbaijan Abdullah Al Fozan Jamal Fakhro Emilio Pera Amir Abbasi Priyanka Jayatilake Saken Zhumashev Mumtaz Pasha https://lnkd.in/dBY8FcRD

The International Forum of Independent Audit Regulators (IFIAR) has released the results of its 12th annual survey of #inspectionfindings arising from its members’ individual #inspections of #auditfirms affiliated with the 6 largest #global audit firm networks BDO, Deloitte, EY, Grant Thornton, KPMG and PwC (the Global Public Policy Committee networks, or “#GPPC networks”). #IFIAR collected information about two categories of activities: inspections of firm-wide systems of #qualitycontrol and inspections of individual audit engagements. 51 IFIAR members contributed to the 2023 survey. The 2023 survey reported 32% of audit engagements inspected had at least one #finding, compared to 26% in the 2022 survey. As per IFIAR, this 6% increase is both #disappointing and #concerning. #IFIAR has called upon the #GPPC networks, and their member firms where there has been an increase in findings or no further #improvement, to conduct an urgent, thorough #review and #rootcauseanalysis to understand the reasons for this. https://lnkd.in/db7iRT_G #ifiar #dfsa #difc #dubai #uae #iaasb #iesba #iosco #piob #auditors #auditregulations #pies #sifis #inspections #big6 #gppc #bdo #deloitte #ey #gt #kpmg #pwc #network #improvement #concerns #rca

🌟 #CallforCollaboration: ICAP & ICMAP Joining Forces for Excellence 🌟 In the dynamic realm of Accounting and finance management......! The Institute of Chartered Accountants of Pakistan (ICAP) & The Institute of Cost and Management Accountants of Pakistan(ICMAP) recognize the imperative need for collaboration. It's a strategic alliance aimed at revolutionizing the professional landscape, fostering effective learning and operational efficiency. The synergy between these two esteemed Bodies heralds a new era of professional prowess and market readiness. is it Not...? The answer is yes it is. So, By pooling resources and expertise, ICAP and ICMAP are poised to offer unparalleled educational programs that promise to elevate the standards of professional training and development. Do you want Collaboration between these two bodies? This collaboration is not just about enhancing the skill set of individuals; it's about creating a robust workforce that can adapt, innovate, and lead in an increasingly competitive global job market. It's a commitment to excellence, to nurturing minds that will not only thrive in their careers but also contribute significantly to the growth and prosperity of Pakistan and beyond. Let's embrace this collaborative spirit and be part of a transformative journey that sets new benchmarks for quality education and career advancement. Together, we can achieve more! #ICAP #ICMAP #Collaboration #Efficiency #Effectiveness #ProfessionalGrowth #KPMG #PWC #EY #Accountants #Firms #Institutions #ProfessionalGrowth #professionaldevelopment #professionalBodies Uzair Ahmad.

essentials about FAR

Top 15 Firms Ranked Based on ICAP's number of PIC Audit Engagement selected for QCR (As on 16-May-2024) 1- AF Ferguson (PWC) 14 PICs 2- EY Ford Rhodes 13 PICs 3- KPMG Taseer Hadi 12 PICs 4- Yousuf Adil 9 PICs 5- Riaz Ahmed (Nexia) 8 PICs 6,7- Crowe and Bakertilly 7 PICs 8,9,10,11- GT Anjum Rehman, BDO, RSM and Kreston Hyder 6 PICs 12- Muniff Ziauddin 4 PICs 13,14,15 and below - Ilyas Saeed, Naveed Zafar, Rahman Sarfaraz and others 3 PICs Note: Data is based on ICAP's PDF titled "List-of-Firms"

Introduction to New Global Internal Audit Standards: an overview of the new Framework and the changes applied to New Internal Audit Standards by IIA Greece with Andreas Papadopoulos FCCA, CIA, MBA Registrations to https://lnkd.in/dSbn2Xpr #NewAuditStandards #internalaudit #iiagreece

Celebration of Internal Audit Awareness month GTLM- shared articles and presentations to raise awareness in the organisation about Internal Audit and amongst others common causes of different audit opinions and ways/controls to improve the organisation Audit outcomes. #InternalAudit #ProudInternalAuditor #MayisInternationalInternalAuditAwarenessMonth #GTLMInternalAudit #IIASA #IIA

The Global Standards are proposed by the International Internal Audit Standards Board (IIASB) of the Institute of Internal Auditors (IIA), which is the global professional body for internal auditors. India has its own recommended Internal Auditing standards to refer to. As India is looking to go global we can look into the Global Standards to adopt some aspects and enhance our own auditing standards.  #internalauditing #iia #iiasb