This report is KPMG’s annual review of M&A activity within the renewable energy sector; it takes a look at the changes and trends in the sector to provide insight on where the market is heading.

KPMG Sustainability, United Nations Environment Programme (UNEP), the University of Stellenbosch Business School (USB) and The Global Reporting Initiative (GRI) launched “Carrots and Sticks – Promoting Transparency and Sustainability”, a study on trends in voluntary and mandatory approaches to sustainability reporting. This research reveals that the regulatory landscape has substantially evolved in all parts of the world.

This KPMG’s survey was developed by KPMG in Portugal with the support of Instituto Português de Auditoria Interna (IPAI) and intends to present the evolution of the Internal Audit Function in Portugal face to the study results of 2007 and to the good international practices, considering the internal audit organizational structure, audit plan, audit programs, quality assurance and training plan.

The new Portuguese Accounting Standards – SNC (Sistema de Normalização Contabilística) were approved on "Decreto-Lei 158/2009", from the 13th of July 2009, and came into force on the 1st of January 2010.

This pan-European survey of directors of mid-market companies gives an insight into how they believe the recession has affected their businesses, both in terms of the challenges they have faced and their response. The directors were also asked when they believed that the markets would recover and what actions they were taking in preparation for that recovery.

Reporting to stakeholders is in a transitional phase. No longer is financial reporting standing on its own, nor is sustainability reporting. Reactions from twenty publicly listed companies and reporting practice at leading companies worldwide show that on the short- to mid-term they expect reporting to move towards integration of sustainability and financial reporting.

This KPMG’s survey was developed by KPMG in Portugal and focuses on the level of resilience of Portuguese companies to adversity, i.e., their current capacity to understand the risks of the environment and implement mechanisms for prevention and rehabilitation to enable them to reduce the impact of disasters on critical operations.

The Copenhagen Accord, the outcome of a taxing negotiation process led by national leaders, is regarded as a realistic recognition of the global nature of the challenge that climate change presents and the role that international finance has in resolving it.

Now in its eleventh year, the 2010 survey reports on an industry emerging from one of the most turbulent years in recent decades. Manufacturers and suppliers forecast that profitability will be lower than before, investment growth will decline, and that market share for some of the biggest manufacturers will continue to shrink.

The “Tax measures to cope with the financial crisis” publication focus on implemented, approved or proposed corporate, individual income and indirect tax measures until June 2009 and aims to provide a high level overview of recent developments in various countries that may be of interest for you.

KPMG's Tax Guide was developed by KPMG in Portugal and provides an overview of the major Portuguese taxes in force for the 2009 tax year.

This joint KPMG/IPAI presentation focuses on the risk of fraud and internal audit.

The ISCTE Business School, Heidrick & Struggles and KPMG in Portugal will jointly present a Corporate Social Responsibility Program during March 2010, with a restricted number of participants.

The GRI Readers' Survey is intended to compile information regarding sustainability reporting as it is seen by its readers all over the world.

Following the deep changes introduced on the fiscal regime, KPMG in Portugal will provide training to analyze the tax impact of these new rules, and the respective link with the new accounting standards.

Organizations face a continually changing set of pressures in the current economic climate. Faced with shrinking markets, they rationalize, merge or contract. The technology thread which holds systems and processes together is at risk. As a consequence, KPMG’s 2009 IT Internal Audit Survey concludes that IT internal audit plays an integral role in maintaining discipline and rigor across functions and geographies.

The Hospitality Management Institute (HMI) and Associação da Hotelaria de Portugal (AHP) will jointly present a Green Tourism Conference on the 28 October 2009, at Centro de Congressos do Estoril, which KPMG in Portugal is sponsoring.

This report offers an overview of current issues and trends in payments, ranging from efficiencies in payment systems to new technology, systemic risk and evolving business models.

This study, the latest in a series of business research projects accompanying KPMG’s long-running program of International Tax Summits, is an attempt to capture the current experiences and future plans of business people around the world as they struggle with the effects of this recession.

Organised by KPMG in Portugal and Instituto de Formação Bancária (IFB), on the 2 June 2009 this seminary will take place in Lisbon with the aim of analising the most relevant aspects of the Business Continuity Management in the financial sector both nationally and internationally.