KPMG to exit Bangladesh next month
Bangladesh, Aug. 5 -- The Bangladesh affiliate of KPMG, one of the world's Big Four accounting firms, is preparing to end its direct membership in the country by September 30 as part of the firm's global restructuring and changes to its operating model.
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Officials at Rahman Rahman Huq (RRH), KPMG's long-standing local affiliate, confirmed that KPMG had proposed placing Bangladesh under its Middle East regional reporting structure instead of maintaining a separate country membership.
However, RRH, along with operations in Egypt and Pakistan, declined the proposal.
RRH, one of Bangladesh's oldest and most reputed chartered accountancy firms, has been affiliated with KPMG since 2006, providing audit and tax services to multi...
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