Select which cookies you accept
When you visit this website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the website work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience.
Because we respect your right to privacy, you can choose not to allow some types of cookies. Below is a list of different categories of cookies that may be set and that you can freely change. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.
These cookies are required and must be accepted to use this site.
These cookies collect data about how visitors use this website.
These cookies allow the website to remember choices you make and provide enhanced, more personal features.
These cookies are used to deliver adverts more relevant to you and your interests.
Accounting Services is an emerging business for KPMG Global Services, consisting of two sub-units:
Statutory Accounting: prepares Statutory Financial Statements for global clients in accordance with local country regulations (GAAP). Supporting clients to create a bridge between leading GAAP (IFRS, USGAAP) and local GAAP. Currently the team produces 160 filings in six languages, supporting 27 clients in 10 countries.
VAT Accounting: is an emerging “data management” service primarily supporting five major clients, and serving as an extension of the Core ITC offering. The VAT accounting team reconciles the VAT GL accounts against the VAT returns in order to identify any differences. After that, the team propose journal entries to the client to clear these differences. The team also supports clients’ payment process, cash allocation, VAT forecasting and turnover reconciliation.