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Unformatted text preview: that company by, say, a quarter of a percentage point for the annuity of the instrument, then the benefits are clearly measurable despite the short-term pain of the finance group through the IFRS conversion process. 2011 KPMG International Cooperative ("KPMG International"). KPMG International provides no client services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated. 2011 KPMG IFRG Limited, a UK company, limited by guarantee. All rights reserved. 32 Impact of IFRS: Oil and Gas KPMG: An experienced team, a global network
KPMG's Energy & Natural Resources practice
Our member firms offer customised, industry-tailored Audit, Tax and Advisory services that can lead to comprehensive value-added assistance for your most pressing business requirements. KPMG's Global Energy & Natural Resources (ENR) practice is dedicated to supporting all organisations operating in the Oil & Gas, Mining and Power & Utilities industries globally to respond to industry trends and business issues. Our professionals, working in member firms around the world, offer skills, insights and knowledge based on substantial experience working with ENR organisations to understand the issues and help deliver the services needed for companies to succeed wherever they compete in the world. Our global network of highly qualified professionals in the Americas, Europe, the Middle East, Africa and Asia Pacific, can help you reduce costs, mitigate risk, improve controls of a complex value chain, protect intellectual property, and meet the myriad challenges of the digital economy. KPMG's ENR practice is at the forefront of the industry. KPMG firms are previous sponsors of the World Energy Congress, World Petroleum Congress and are patrons of the World Energy Council. In addition, we are also hosts of KPMG's Global Energy Conference held annually in Houston, Texas, US. For more information, visit kpmg.com and kpmgglobalenergyinstitute.com are supported and coordin...
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