Advisory

Risk Advisory Services

Aidan Brennan, Head of Risk Advisory Services
  • Aidan Brennan
  • Head of Risk Advisory Services
Risk Advisory Services
Risk Advisory Services +3% *After adjustments for minor discontinued activities
Revenue
Revenue - £239m in 2007, £239m in 2006

*After adjustments for minor discontinued activities

  • Creation of KPMG Europe LLP enabled us to reorganise into Performance and Governance & Compliance businesses to give greater focus on client needs.
  • Governance & Compliance revenue declined due to a £19 million reduction in IFRS and Sarbanes–Oxley related work, with the emphasis shifting to helping businesses embed enterprise wide risk management and governance models.
  • In contrast, the Performance business grew significantly this year as clients, in an increasingly competitive market place, turned to us to reshape their business models and improve effectiveness of operations.
  • IT Advisory Services continues to show strong growth, reflecting the critical nature of technology in driving business performance and managing risk.