KPMG leads Auditors League

KPMG’s Sri Lankan member firm led THE LMD 100 Audit Reports Auditors League for the financial year 2011/12, this year auditing 41 of THE LMD 100 companies.

KPMG had continued to maintain the lead position in THE LMD 50 Auditors League, a previous index by publishers Media Services, where KPMG ranked first in terms of auditor market share for six consecutive years since the financial year 2005/06.

Commenting on the ranking, KPMG Sri Lanka’s Managing Partner, Reyaz Mihular said, “It is a privilege and honour for KPMG in Sri Lanka to have once again been identified in the lead position of the LMD Auditors League.

“Auditors serve an important role in relation to providing for good corporate governance and in creating a more stable corporate environment.

Indexes such as these motivate companies and their service providers to strive towards continuous improvement; it also recognises those institutions that demonstrate exceptional performance.”

KPMG Sri Lanka’s Partner and Head of Audit, Suren Rajakarier added, “We are happy that the best companies in the country continue to choose KPMG as their auditors. This shows the level of confidence they place on us and our commitment to providing value to these companies.

We are grateful to the shareholders of these companies for the choice of auditors and the trust placed in the quality of our service.

“As our commitment to the capital market, we will continue to stand by our independence codes to serve clients with integrity, despite the challenges.

We are also proud of our team of over 900 people who have continued to demonstrate exceptional skills and values when working with clients across the country.”