KPMG has underscored its position as laggard of the Big Four after it posted the slowest growth in global sales among the accountancy and consulting firms during the latest financial year.
The smallest of the Big Four, KPMG brought in revenues of $36.4bn in the 12 months to the end of September, representing local currency growth of 8 per cent.
This lagged Deloitte, EY and PwC, which all reported double-digit revenue growth during their latest financial years, widening the gap between KPMG and its rivals. Deloitte is the largest of the Big Four with revenues of $64.9bn.
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