Audit and advisory fees
The tables below provide a breakdown of KPMG Netherlands’ revenue for 2022/2023, segmented by business. Amounts are based on our taxonomy and are provided by our clients’ legal entities. Statutory legal audits are those where there is a legal obligation to have financial statements audited by an independent auditor. These audits may relate either to Public Interest Entity (PIE[1]) clients or to non-PIE clients.
For PIEs, we use the definition contained in the Dutch Audit Firms Supervision Act (Wet toezicht accountantsorganisaties, Wta (new window)), Article 1.p, to determine the segmentation of revenue. Other audit and
assurance(-related) reports, referred to in the tables below, include: financial statement audits, attestation reports, sustainability assurance, ISAE 3402 certification, IT audits etc. Advisory engagements are those that include certification or audit elements.
To uphold standards of independence, we do not deliver non-audit services to PIEs that are audited by us. None of our audit clients accounted for more than 15% of total audit fees received in 2022/2023, in line with International Federation of Accountants (IFAC (new window)) thresholds.
For reference, Article 13(2)(k) of EU Regulation 537/2014 regarding statutory audit of PIE clients, relates to the following:
Revenues from the statutory audit of annual and consolidated financial statements of PIEs and entities belonging to a group of undertakings whose parent undertaking is a PIE;
Revenues from the statutory audit of annual and consolidated financial statements of other entities;
Revenues from permitted non-audit services to entities that are audited by the statutory auditor or the audit firm;
Revenues from non-audit services to other entities.
|
(in EUR million) |
2022/2023 |
2021/2022 |
|||
|
i |
OOB clients (Wta) |
75.9 |
10% |
70.1 |
10% |
|
ii |
Non-OOB clients (Wta) |
163.5 |
22% |
136.1 |
20% |
|
iii |
Other audit clients |
55.6 |
8% |
54.3 |
8% |
|
iv |
Other clients |
446.9 |
60% |
426.9 |
62% |
|
Total |
741.9 |
100% |
687.4 |
100% |
|
|
Roman numbers indicate the combinations for the summary table |
||||||||||||||||
|
KPMG N.V. |
Wta audits |
Other financial statements audits |
Other Assurance services |
Total Assurance services |
Advisory services |
Other services |
Total |
|||||||||
|
OOB clients (Wta) |
i |
76.7 |
84% |
iii |
5.7 |
6% |
9.1 |
10% |
91.5 |
100% |
- |
0% |
- |
0% |
91.5 |
100% |
|
Non-OOB clients (Wta) |
ii |
165.3 |
80% |
16.5 |
8% |
10.4 |
5% |
192.2 |
93% |
14.3 |
7% |
- |
0% |
206.5 |
100% |
|
|
Other audit clients |
iv |
48.2 |
79% |
7.9 |
13% |
56.1 |
92% |
4.6 |
8% |
- |
0% |
60.7 |
100% |
|||
|
Other clients |
15.9 |
4% |
15.9 |
4% |
336.4 |
88% |
30.9 |
8% |
383.2 |
100% |
||||||
|
Total |
242.0 |
32% |
70.4 |
9% |
43.3 |
6% |
355.7 |
47% |
355.3 |
48% |
30.9 |
4% |
741.9 |
100% |
||
|
Assurance |
Wta audits |
Other financial statements audits |
Other Assurance services |
Total Assurance services |
Advisory services |
Other services |
Total |
|||||||||
|
OOB clients (Wta) |
i |
76.7 |
84% |
iii |
5.7 |
6% |
9.1 |
10% |
91.5 |
100% |
- |
0% |
- |
0% |
91.5 |
100% |
|
Non-OOB clients (Wta) |
ii |
165.3 |
83% |
16.5 |
8% |
10.4 |
5% |
192.2 |
97% |
6.1 |
3% |
- |
0% |
198.3 |
100% |
|
|
Other audit clients |
iv |
48.2 |
84% |
7.9 |
14% |
56.1 |
98% |
1.2 |
2% |
- |
0% |
57.3 |
100% |
|||
|
Other clients |
15.6 |
25% |
15.6 |
25% |
39.0 |
63% |
7.2 |
12% |
61.8 |
100% |
||||||
|
Total |
242.0 |
59% |
70.4 |
17% |
43.0 |
11% |
355.3 |
87% |
46.4 |
11% |
7.2 |
2% |
408.9 |
100% |
||
|
Advisory |
Wta audits |
Other financial statements audits |
Other Assurance services |
Total Assurance services |
Advisory services |
Other services |
Total |
|||||||||
|
OOB clients (Wta) |
i |
- |
0% |
iii |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
100% |
|
Non-OOB clients (Wta) |
ii |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
8.2 |
100% |
- |
0% |
8.2 |
100% |
|
|
Other audit clients |
iv |
- |
0% |
- |
0% |
- |
0% |
3.4 |
100% |
- |
0% |
3.4 |
100% |
|||
|
Other clients |
0.3 |
0% |
0.3 |
0% |
297.3 |
99% |
3.1 |
1% |
300.7 |
100% |
||||||
|
Total |
- |
0% |
- |
0% |
0.3 |
0% |
0.3 |
0% |
308.9 |
99% |
3.1 |
1% |
312.3 |
100% |
||
|
Shared Service |
Wta audits |
Other financial statements audits |
Other Assurance services |
Total Assurance services |
Advisory services |
Other services |
Total |
|||||||||
|
OOB clients (Wta) |
i |
- |
0% |
iii |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
100% |
|
Non-OOB clients (Wta) |
ii |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
100% |
|
|
Other audit clients |
iv |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
100% |
|||
|
Other clients |
- |
0% |
- |
0% |
- |
0% |
20.6 |
100% |
20.6 |
100% |
||||||
|
Total |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
20.6 |
100% |
20.6 |
100% |
||
|
Roman numbers indicate the combinations for the summary table |
|||||||||||||||
|
KPMG N.V. |
Wta audits |
Other financial statements audits |
Other Assurance services |
Total Assurance services |
Advisory services |
Other services |
Total |
||||||||
|
OOB clients (Wta) |
i |
70.1 |
83% |
iii |
4.9 |
6% |
9.4 |
11% |
84.4 |
100% |
- |
0% |
- |
0% |
84.4 |
|
Non-OOB clients (Wta) |
ii |
136.1 |
77% |
18.6 |
11% |
11.4 |
6% |
166.1 |
94% |
9.9 |
6% |
- |
0% |
176.0 |
|
|
Other audit clients |
iv |
49.4 |
81% |
7.0 |
11% |
56.4 |
93% |
4.3 |
7% |
- |
0% |
60.7 |
|||
|
Other clients |
12.9 |
4% |
12.9 |
4% |
321.4 |
88% |
31.9 |
9% |
366.2 |
||||||
|
Total |
206.2 |
30% |
72.9 |
11% |
40.7 |
6% |
319.8 |
47% |
335.6 |
49% |
31.9 |
5% |
687.4 |
||
|
Assurance |
Wta audits |
Other financial statements audits |
Other Assurance services |
Total Assurance services |
Advisory services |
Other services |
Total |
||||||||
|
OOB clients (Wta) |
i |
70.1 |
83% |
iii |
4.9 |
6% |
9.4 |
11% |
84.4 |
100% |
- |
0% |
- |
0% |
84.4 |
|
Non-OOB clients (Wta) |
ii |
136.1 |
80% |
18.6 |
11% |
11.4 |
7% |
166.1 |
98% |
3.3 |
2% |
- |
0% |
169.4 |
|
|
Other audit clients |
iv |
49.4 |
86% |
7.0 |
12% |
56.4 |
98% |
0.9 |
2% |
- |
0% |
57.3 |
|||
|
Other clients |
12.4 |
23% |
12.4 |
23% |
40.9 |
74% |
1.6 |
3% |
54.9 |
||||||
|
Total |
206.2 |
56% |
72.9 |
20% |
40.2 |
11% |
319.3 |
87% |
45.1 |
12% |
1.6 |
0% |
366.0 |
||
|
Advisory |
Wta audits |
Other financial statements audits |
Other Assurance services |
Total Assurance services |
Advisory services |
Other services |
Total |
||||||||
|
OOB clients (Wta) |
i |
- |
0% |
iii |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
|
Non-OOB clients (Wta) |
ii |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
6.6 |
100% |
- |
0% |
6.6 |
|
|
Other audit clients |
iv |
- |
1% |
- |
0% |
- |
1% |
3.4 |
99% |
- |
0% |
3.4 |
|||
|
Other clients |
0.5 |
0% |
0.5 |
0% |
280.6 |
98% |
6.1 |
2% |
287.2 |
||||||
|
Total |
- |
0% |
- |
0% |
0.5 |
0% |
0.5 |
0% |
290.6 |
98% |
6.1 |
2% |
297.2 |
||
|
Shared Service |
Wta audits |
Other financial statements audits |
Other Assurance services |
Total Assurance services |
Advisory services |
Other services |
Total |
||||||||
|
OOB clients (Wta) |
i |
- |
0% |
iii |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
|
Non-OOB clients (Wta) |
ii |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
|
|
Other audit clients |
iv |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
|||
|
Other clients |
- |
0% |
- |
0% |
- |
0% |
24.2 |
100% |
24.2 |
||||||
|
Total |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
24.2 |
100% |
24.2 |
||
- 1 In Dutch: Organisaties van openbaar belang