01 December 2010
The Audit, Tax and Advisory firm KPMG is hosting a seminar on International Financial Reporting Standards (IFRS) and Tax & Zakat updates. Three events will be held in the cities of Jeddah, Riyadh and Al Khobar in Saudi Arabia on 12, 13, 14 December.

Accounting and finance professionals from all sectors will attend to hear the latest updates which will impact on their financial reporting.

The program will focus on topics for financial institutions and the latest updates to IFRS and Tax & Zakat as well as expected changes.  The seminar will also highlight standards that have proved more difficult to implement in practice.  The seminar is  presented by Yusuf Hassan, Head of KPMG's regional IFRS team based out of the UAE and Suleman Mulla an experienced practitioner and a Director of Tax in Saudi Arabia.

"Our annual IFRS and Tax & Zakat seminar continues to attract those who want to maximize their time by hearing about the latest updates in a concise annual seminar" added Abdulla Al Fozan, Chairman, KPMG in Saudi Arabia. 

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KPMG Saudi Arabia
KPMG in Saudi Arabia employs 450 partners and staff and recorded revenue of over USD40 million in 2010.  It is a full service practice, offering Audit, Tax and Advisory services with a strong market share in public sector and infrastructure advisory work as well as the financial services sector and large family owned businesses. The firm has long established offices in the 3 major cities of Riyadh, Jeddah and Al Khobar.

Media enquiries to:
Turki Abdullah Al theyeb
Senior Marketing & Communication Officer, KPMG in Saudi Arabia
Tel +966 3 887 7241 Ext. 202
Mobile +966 50538833

KPMG is the global network of professional services firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity, that provide audit, tax and advisory services.  KPMG Europe LLP, a UK limited liability partnership, is the legal entity which effectively controls the member firms of the KPMG network that have elected to merge with it ("'KPMG Europe LLP firms").  KPMG Europe LLP and KPMG International provide no client services.  KPMG Europe LLP firms operate in 16 countries across Europe with over 30,000 partners and staff.  The "KPMG Europe LLP group" means KPMG Europe LLP, and KPMG Europe LLP firms.  The KPMG Europe LLP group recorded consolidated revenues of €3.5 billion and pro-forma revenues for the 16 countries for 2009 totalled €4.7 billion.

© Press Release 2010