KPMG's Financial Reporting Network Offers Decision Makers Single Source for Information, Insight

NEW YORK, Aug. 4 /PRNewswire/ -- KPMG LLP, the U.S. audit, tax and advisory firm, has launched the Financial Reporting Network (FRN), a single source of online information and insight for corporate decision makers on trends and developments related to the critical issue of financial reporting.

The FRN is designed to provide comprehensive and up-to-date information on financial reporting and developments coming from accounting standards setters and other sources.  It also offers valuable insights from KPMG partners on matters related to financial reporting.  (The website can be accessed at: http://www.kpmginstitutes.com/financial-reporting-network).

An important addition to the KPMG Institutes Network initiative, the Financial Reporting Network's timely information – organized by topic and industry – will help executives stay informed about critical issues affecting their business and current on today's complex and evolving accounting and financial reporting environment.

Content on the FRN website includes:

• KPMG's analysis and insight on new standards and other financial reporting issues
• Financial reporting information organized by topic
• Developments and changes in U.S. GAAP and IFRS guidance
• Web casts, publications, and insights on standard setting activities

About the KPMG Institutes Network

The KPMG Institutes Network (www.kpmginstitutes.com) initiative provides easy, on-line access to KPMG's thought leadership, insights from peers, and information on today's key business trends and topics.  KPMG Institutes, such as the Audit Committee Institute, the 404 Institute, the IFRS Institute, the Financial Reporting Network, and the Global Energy Institute, are key sources of information and important forums for KPMG client and non-client executives.

About KPMG LLP

KPMG LLP, the audit, tax and advisory firm (http://www.us.kpmg.com), is the U.S. member firm of KPMG International Cooperative ("KPMG International").  KPMG International's member firms have 140,000 professionals, including more than 7,900 partners, in 146 countries.

SOURCE KPMG LLP

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