KPMG announces Tax Contest for students and graduates (up to two years after graduation) who specialize in tax, economics, finance and law. The winners will get a job offer within Tax department and valuable prizes!

Cash Acquisitions by Companies with Low P/E Are Most Likely to Succeed

The Russian Institute of Internal Auditors (IIA) and KPMG have begun a research project on the state and development trends of internal audit in Russia. Chairmen of audit committees, chief executive officers and directors of divisions performing internal audit functions will be invited to take part in a survey.

The continuing dynamic development of the M&A market in Russia is primarily driven by domestic consolidation and active cross-border investments, both inbound and outbound.

New whitepaper explores Enterprise 2.0 technology and its potential for corporate usage

KPMG is pleased to announce that Tim Masters has been appointed an Audit Partner of the Russian/CIS Practice.

The lowest corporate taxes among the developed economies are still to be found in the countries of the European Union, KPMG International’s latest global corporate tax rate survey has found.

KPMG announces that John Kallaway has been appointed Partner in Corporate Finance (Valuation Services) of the Russian/CIS Practice.

A “creeping conservatism” in tax matters is overtaking boards of directors around the world in reaction to requests from regulators, investors and pressure groups for more and better information on tax policy.

KPMG Corporate Finance’s Global M&A Predictor suggests that global merger and acquisition (M&A) activity has peaked, and forecasts a fall in overall deal volumes this year. Although liquidity remains high, KPMG expects global deal volumes in 2007 to be below those achieved in 2006, a year during which both average deal size and the number of deals hit record highs.

The cost of fighting money laundering has risen dramatically for banks across the world as they have become increasingly engaged in the struggle against criminality. However, the task is becoming more difficult due to the increasing complexity of the financial markets in which they operate, including greater exposure to sometimes unfamiliar emerging markets and the dramatic growth of alternative assets, according to a global study by KPMG Forensic.

This white paper – based on a major international survey and in-depth interviews with senior civil servants – reviews how governments in Australia, Canada, Germany, the UK and the US are working to improve their operational efficiency.
It examines what the priorities are, where the main obstacles lie, and what strategies work best to overcome them.

Timothy P. Flynn, 50, has been elected chairman of KPMG International for a four-year term, effective October 1, 2007. He succeeds Sir Michael Rake, who is retiring from KPMG - and will become the next chairman of BT Group plc.

A Russian translation of the KPMG IFR Group’s publication IFRS 7 for Corporates (December, 2006) is available now.

A report launched today by KPMG International reveals that the unprecedented spate of global power industry transactions is likely to continue.

On May 15 the third roundtable “Investment in Russian Transportation Infrastructure: current issues regarding the first concession projects” took place in Moscow, hosted by the Center of Strategic Research.

KPMG announces that Richard Vincent has been appointed Partner in Audit of the Russian/CIS Practice.