About KPMG

1. We lead by example

   No matter at what position and level, our behaviour sets examples and shows what we expect from others.

2. We work together

   We bring out the best in each other by creating strong and successful working relationships.

3. We respect the individual

   Our employees are personalities. We respect their knowledge, skills, and experience.

4. We seek facts and provide insights

   We challenge assumptions and pursue facts, thereby strengthening our reputation as trusted and objective business advisers.

5. We communicate honestly and openly

   We share information, insight and advice frequently and constructively and manage tough situations with courage and candour.

6. We are committed to our communities

   We support educational, environmental and social projects with our expertise and funding.

7. We act with integrity and uphold moral and ethical principles

   We adhere to the highest professional standards as a basis on which we provide advice to clients.

In the fiscal year ending 30 September 2019, KPMG in the Czech Republic offered client services through the following four operating entities:

• KPMG Česká republika, s.r.o. („KPMG ČR“, founded in 1990)
• KPMG Česká republika Audit, s.r.o. („KPMG Audit“, founded in roce 1993)
• KPMG Legal s.r.o., law office („KPMG Legal“, founded in roce 2010)

All KPMG companies in the Czech Republic have their registered office in Prague, Pobřežní 648/1a. KPMG ČR and KPMG Audit also have offices in Brno, České Budějovice and Ostrava (for more information, go to).

More here

Managing partner

The managing partner leads the management committee and makes sure that its members are provided with accurate, timely, and clear information and that their communication and relationships among each other remain effective. In fiscal year 2019, managing partner for all entities of the KPMG global network in the Czech Republic was JUDr. Ing. Radek Halíček.

Management Committee

The managing body of the firm is the management committee, responsible for the sustainable growth of the entity. The management committee assures the firm’s organisational management, sets the corporate strategy, and watches over its fulfilment, while comparing the firm’s actual results with the entrepreneurial plan.

The committee meets at least once a month. It addresses crucial issues regarding the firms' activities, i.e. their operating and financial performance, annual plans, new business activities, issues concerning the development of technologies, human resources, marketing, remuneration, risk management policies as well as the management of projects aimed at the improvement of the firm’s operations. The Managing Partner appoints the individual members of the Management Committee.

The Management Committee has six members. In fiscal year 2019, its composition was as follows:

Radek Halíček

Managing Partner, Partner in charge of Tax and Legal Services

Petr Škoda

Deputy Managing Partner

Carolyn Břečťanová

Partner in charge of Risk and Quality Management

Petr Bučík

Partner in charge of Management Consulting

Pavel Kliment

Partner in charge of Risk Consulting and Deals

Jindřich Vašina

Partner in charge of Audit Services

Partners

Together, the Partners are responsible for the firm’s corporate strategy and for the oversight over its implementation. They regularly review issues of great importance to the firm. These include its operational and financial performance, annual business plans and budgets, new business proposals, marketing, development of new technologies and work methodologies, remuneration and risk management.

Partners in the firm’s individual departments are regularly informed of all decisions of the Management Committee and may comment on them at monthly or bimonthly general partner meetings. Individual decisions are then implemented. The strategies and the mid- as well as long-term objectives of KPMG Czech Republic are discussed and approved at partners’ retreats held twice a year.

Organisational structure

• Audit
  • Audit Commercial Praha
  • Audit Commercial Morava
  • Financial Services
  • Audit Service Group
• Tax Services and Legal
  • Tax
  • Legal
• Advisory Services
  • Accounting Services and Payroll
  • Deals
  • Management Consulting
  • Risk Consulting
• Neklientská
  oddělení
  • Quality and Risk Management
  • Controlling and Internal Processes
  • Corporate Social Responsibility
  • Data and Internal Projects
  • Finance and Internal Accounts
  • Information Technology
  • IT Security
  • Knowledge Management
  • Markets and Marketing
  • Office Administration
  • People, Performance and Culture
  • Receptionist
  • Translators

Audit

„The aim of KPMG’s Audit department is to provide trustworthy and intelligible information about a company’s financial state. Our sector oriented teams utilise our detailed knowledge of industrial sectors and employ data analysis. Our experts specialise in individual entrepreneurial branches, among them the financial sector, real estate, energy, industrial enterprises, retail, the automotive industry as well as telecommunications. During audits, they always take into account the individual sector’s specifics. KPMG also benefits from the work of actuaries, tax advisors, forensic auditors, valuation as well as IT experts.”

For additional information, please see here

Jindřich Vašina
Partner in charge of Audit

Tax Advisory services

„On both local and international levels, tax systems are undergoing dynamic and significant changes. The Czech Republic’s largest team of tax advisors keeps abreast of legislative developments, case law, and changes in the tax administrator’s approach. We cooperate closely with the 30 lawyers of our law offices. Thanks to our broad knowledge of accounting and tax legislation and our membership in KPMG’s global network of firms, we are able to offer comprehensive advisory services including a broad scale of specialised services.“

For additional information, please see here

Radek Halíček
Partner in charge of Tax and Legal Services

Legal Services

„The rapidly expanding law offices of KPMG Legal focus on corporate law, transaction advisory services, regulatory issues, technology law, labour law issues, public tenders and PPPs, family businesses, succession issues, arbitration, and of course tax litigations. KPMG Legal offers its services to Czech and international clients from all sectors. On a number of projects, it closely cooperates with its expert colleagues from KPMG in the Czech Republic. Apart from traditional services, KPMG Legal also offers specialised legal assistance that is either closely linked with other services that law offices usually do not provide or that requires highly specialised expertise, e.g. in the area of investment funds.“

For more information

Radek Halíček
Partner in charge of Tax and Legal Services

Advisory services: Management Consulting

„We are able to link knowledge with data and technology. We offer measurable results and provide local expertise with a global perspective. Our team is made up of more than 120 specialists in finance, the energy industry, the public sector, telecommunications, manufacturing companies, sports advisory and other areas. Technological developments are changing traditional business models and companies are faced with geopolitical as well as macroeconomic changes. To remain successful, they must gain and retain a competitive advantage and at the same time deal with the demands of indispensable austerity measures. By helping them, we help them remain successful.“

For additional information, please see here

Petr Bučík
Partner in charge of Management Consulting

Advisory services: Deals

„We think like an investor would and actively look for acquisition, selling, partnership, and investment opportunities and ways to increase effectiveness. Today’s transactions do not take place in a vacuum. As part of every project, we consider all business aspects, utilise analytical tools and recognise the specifics of the individual business sectors. With a deep knowledge of the local market, we offer impartial advisory and expert services independent from any financing sources. At our side stands KPMG’s entire global network of member firms with the know-how of more than a thousand experts in more than 50 countries.“

For additional information, please see here

Pavel Kliment
Partner in charge of Deals

Advisory services: Risk Consulting

„We offer a broad array of services in risk management. Among them are internal audits that can help identify problems and suggest remedial measures. We also advise clients in financial management. We help finance managers react appropriately to the ever-changing demands of the market environment.“

For additional information, please see here

Pavel Kliment
Partner in charge of Risk Consulting

Advisory services: Accounting Services & Payroll

„We always adapt our services to the specific needs of our clients, thus helping them lower their business costs. We advise on how to better take care of a company’s bookkeeping and payroll agenda and how to manage one’s business better. We offer financial accounting and management reporting services. Providing outsourcing services, we can take over a company’s entire payroll process, paying out wages and dealing with all connected administrative aspects. While processing a client’s payroll, we are able to tie into their internal processes. We also offer a number of administrative support services, including the processing of payment orders, invoices, statistics reports, and documentation of the processing of travel expenses.“

For more information

Michael Cianci
Director Accounting Services & Payroll

“KPMG has an unwavering commitment to quality and integrity. It begins with the extraordinary people we recruit and the values we instil in developing professionals committed to meeting our responsibilities to clients, capital markets, regulators, communities and the public. Our culture of ‘doing the right thing’ means the way we work is just as important as the work itself.”

Bill Thomas
chair of KPMG International

The independent member firms of the KPMG network are affiliated with the KPMG International Cooperative (“KPMG International”), a Swiss entity.

Each member firm of the global KPMG network is referred to and identified as a legally independent and separate entity that is independently responsible for its management and the quality of its services. Member firms may use KPMG’s name, brand, and methods, provided they agree to abide by KPMG’s global values.

KPMG International undertakes activities to benefit the global network of KPMG member firms but does not offer professional services to clients. Such services are offered exclusively by KPMG member firms.

One of the most important goals of KPMG International is to assist member firms in providing audit, tax and advisory services on a consistently high level of quality. KPMG International e.g. sets and assists in the implementation and adherence to uniform rules and standards in the functioning of independent member firms.

KPMG International ensures that internal rules and standards are the same in all member firms and serve the common brand, thus contributing to the sustainability of the group as a whole.

All member firm are obliged to adhere to KPMG’s corporate policy and rules pertaining to quality standards.

This structure built upon member firms strengthens KPMG International's global strategy, ensures that its values are adhered to and that the standard of services throughout all global markets remains the same. This approach allows for the continuous sharing of knowledge and expertise among professionals throughout the global network.

You can read more about KPMG’s global activities in the annual report for 2019, available for download here.