Big Four audit firm KPMG and 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.
The firm said that more details will be released in January, which will be packaged with the KPMG International Annual Review.

"KPMG has had an exceptional year, reflecting increased business activity and gains in market share, in a difficult regulatory environment," said Mike Rake, chairman of KPMG International, in a statement.

Rake highlighted a series of recent mergers involving KPMG member firms in Japan and France, and in Japan, KPMG has added a spate of new clients including Honda and Mitsubishi.

Last week, KPMG member firms announced the appointment of 594 new partners in 55 countries.

In addition, Timothy Flynn, chairman of the U.S., firm, was named Chairman of KPMG's Americas region.

In other KPMG news, 16 of the 19 defendants in the KPMG tax-shelter case have pleaded not guilty in a hearing before a U.S. district judge in New York.
The defendants face charges of conspiracy and tax evasion related to shelters that the Big Four firm sold to hundreds of wealthy individuals from 1996 to 2002.

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