Table of Contents
Is BSR and co KPMG?
BSR is officially a member firm of KPMG International’s audit firm network and also has its offices in the same buildings as KPMG, apart from its employees identifying themselves as part of the KPMG group.
What does KPMG do in India?
KPMG in India is one of the leading providers of risk, financial and business advisory, tax and regulatory services, internal audit, and corporate governance. KPMG in India is one of the leading providers of risk, financial and business advisory, tax and regulatory services, internal audit, and corporate governance.
Where is KPMG located in India?
Today we operate from offices across 14 cities including in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada. KPMG entities have a domestic client base of over 2700 companies.
What is KPMG audit?
KPMG Audit teams work to help uphold the integrity and transparency of the capital markets we serve which, in turn, contributes to the confidence that is essential for the markets to function. Powered by Data & Analytics, our audit approach helps shape the future of corporate reporting. Learn more about audit.
When did KPMG came to India?
KPMG entities in India are established under the laws of India and are owned and managed (as the case may be) by established Indian professionals. Established in August 1993, the KPMG entities have rapidly built a significant competitive presence in the country.
What is the full form of KPMG India?
KPMG stands for “KLYNVELD PEAT MARWICK GOERDELER”. It is formed with the merger of Klynveld Main Goerdeler (KMG) and Peat Marwick International (PMI). The name KPMG is derived from the initials of its founding members.
Why does KPMG conduct company audits through BSR & Co?
Because in India, audit of companies can be carried out only by a firm registered in India. KPMG being a network of Global firm cannot conduct audit as per regulations of Institute of Chartered Accountants of India (ICAI) and thus conducts audit through BSR & Co. Same is the case with all big 4s
What is the relationship between BSR & KPMG and ICAI?
KPMG being a network of Global firm cannot conduct audit as per regulations of Institute of Chartered Accountants of India (ICAI) and thus conducts audit through BSR & Co. It is just for signing purposes such arrangement is made. You only need to apply for KPMG and not to BSR. BSR is just an entity under KPMG INDIA.
Will KPMG and Deloitte be banned from auditing in India?
Both Deloitte and KPMG are two of the biggest players in the Indian auditing market. MUMBAI: As the spectre of ban looms over KPMG and Deloitte, both multinationals (MNCs) and Indian companies with global operations are in a fix over their audits.
Which firms represent the KPMG network in India?
KPMG Network firms BSR & Associates along with BSR & Co represent KPMG Network in India. These two firms are primarily involved in Audit practice. However, presence of KPMG is not limited to only Audit Practice.