deep industry knowledge. The industry focus helps KPMG professionals develop a rich understanding of client's businesses and the insight, skills, and resources required to address industry-specific issues and opportunities. Their history spans three centuries and features several significant mergers, recently combining Peat Marwick International, Klynveld Main Goerdeler, and their member firms, into KPMG in 1987. KPMG global member firm combined revenues totaled $22.7 billion for the fiscal year ending September 30, 2011, a 10.1 percent increase in U.S. dollars, or 6.2 percent in local currency terms. Global revenue by function and region can be found in KPMG's International Annual Review.