KPMG LLP announced that it has admitted 166 new partners for 2005, the largest class of audit, tax and advisory partners in the firm's history.
"I am pleased to announce this class of outstanding new partners," said Timothy P. Flynn, chairman and chief executive of KPMG, in a statement. "On behalf of all of us at KPMG, I offer my new partners and their families our congratulations. I look forward to working with them during an exciting and dynamic period in our profession."
KPMG's new partner class consists of a mix of professionals who provide a wide range of services in its audit (87), risk advisory services (50), and tax services (29) practices.
Last week, KPMG along with its global network reported combined member firm revenues of $15.65 billion for the year ended Sept. 30, 2005, a 16.4 percent rise in U.S. dollars versus the prior year. In local currencies, KPMG's revenue growth was roughly 13 percent
