The following tables provide a breakdown of KPMG N.V.’s revenue for 2023/2024, 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 to PIE or non-PIE clients.
For PIEs, we use the definition of the Dutch Audit Firms Supervision Act (Wta), Article 1.p, to determine the segmentation of revenue. Other audit and assurance(-related) reports referred to in these tables include financial statement audits, attestation reports, sustainability assurance, ISAE 3402 certification, and IT audits. 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 2023/2024, in line with International Federation of Accountants (IFAC) thresholds.
For reference, Article 13(2)(k) of EU Regulation 537/2014 regarding the 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) |
2023/2024 |
2022/2023 |
|||
|
i |
OOB clients (Wta) |
87.5 |
11% |
76.7 |
10% |
|
ii |
Non-OOB clients (Wta) |
170.8 |
21% |
165.3 |
22% |
|
iii |
Other audit clients |
70.9 |
9% |
56.1 |
8% |
|
iv |
Other clients |
474.8 |
59% |
443.8 |
60% |
|
Total |
803.9 |
100% |
741.9 |
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 |
87.5 |
76% |
iii |
12.9 |
11% |
14.6 |
13% |
115.0 |
100% |
- |
0% |
- |
0% |
115.0 |
100% |
|
Non-OOB clients (Wta) |
ii |
170.8 |
80% |
20.7 |
10% |
8.1 |
4% |
199.6 |
93% |
14.6 |
7% |
- |
0% |
214.2 |
100% |
|
|
Other audit clients |
iv |
52.9 |
75% |
9.8 |
14% |
62.7 |
89% |
8.1 |
11% |
- |
0% |
70.8 |
100% |
|||
|
Other clients |
15.7 |
4% |
15.7 |
4% |
355.2 |
88% |
33.0 |
8% |
403.9 |
100% |
||||||
|
Total |
258.3 |
32% |
86.5 |
11% |
48.2 |
6% |
393 |
49% |
377.9 |
47% |
33.0 |
4% |
803.9 |
100% |
||
|
Assurance 2023/2024 |
Wta audits |
Other financial statements audits |
Other Assurance services |
Total Assurance services |
Advisory services |
Other services |
Total |
|||||||||
|
OOB clients (Wta) |
i |
87.5 |
76% |
iii |
12.9 |
11% |
14.6 |
13% |
115.0 |
100% |
- |
0% |
- |
0% |
115.0 |
100% |
|
Non-OOB clients (Wta) |
ii |
170.8 |
83% |
20.7 |
10% |
8.1 |
4% |
199.6 |
97% |
6.5 |
3% |
- |
0% |
206.1 |
100% |
|
|
Other audit clients |
iv |
52.9 |
79% |
9.8 |
15% |
62.7 |
94% |
4.2 |
6% |
- |
0% |
66.9 |
100% |
|||
|
Other clients |
15.6 |
31% |
15.6 |
31% |
31.5 |
62% |
3.7 |
7% |
50.8 |
100% |
||||||
|
Total |
258.3 |
59% |
86.5 |
20% |
48.1 |
11% |
392.9 |
90% |
42.2 |
10% |
3.7 |
1% |
438.8 |
100% |
||
|
Advisory 2023/2024 |
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% |
8.1 |
100% |
- |
0% |
8.1 |
100% |
|
|
Other audit clients |
- |
iv |
- |
0% |
- |
0% |
- |
0% |
3.9 |
100% |
- |
0% |
3.9 |
100% |
||
|
Other clients |
- |
- |
0.1 |
0% |
0.1 |
0% |
323.7 |
99% |
2.8 |
1% |
326.6 |
100% |
||||
|
Total |
- |
0% |
- |
0% |
0.1 |
0% |
0.1 |
0% |
335.7 |
99% |
2.8 |
1% |
338.6 |
100% |
||
|
Shared Service 2023/2024 |
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% |
26.5 |
100% |
26.5 |
100% |
||||
|
Total |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
- |
0% |
26.5 |
100% |
26.5 |
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 |
33% |
70.4 |
9% |
43.3 |
6% |
355.7 |
48% |
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 |
28% |
15.6 |
28% |
32.5* |
59% |
7.2 |
13% |
55.2 |
100% |
||||||
|
Total |
242.0 |
60% |
70.4 |
18% |
43.0 |
11% |
355.3 |
88% |
39.8 |
10% |
7.2 |
2% |
402.3 |
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% |
303.9* |
99% |
3.1 |
1% |
307.3 |
100% |
||||||
|
Total |
- |
0% |
- |
0% |
0.3 |
0% |
0.3 |
0% |
315.5 |
99% |
3.1 |
1% |
318.9 |
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% |
||