KPMG opens new office

Story: Maxwell Adombila Akalaare

KPMG has opened its Development Advisory Services (DAS) office in Ghana with a promise to lay its expertise at the door steps of government, donor and development agencies in the country and the sub-region.
The Ghana office would also serve as a hub for other selected West African countries by offering fund management advisory services to governments, development and donor agencies operating in region.
The Director of the West African DAS, Dr George Manu, said, “Ghana joins a growing list of hubs within KPMG Africa, all fully dedicated to offering development advisory services on the continent.”
He said the DAS was bringing the expertise and integrity of an international  professional advisory firm, KPMG, to bear on its activities in Ghana and the selected West Africa countries as well.
The KPMG Ghana is an accounting and advisory firm operating in the country and is the local representative of KPMG International, a network of independent member firms that offer advisory services in tax, audit and accounting.
Dr Manu noted that the DAS was borne out of the recognition that professional service organisations had a role to play in Africa’s development agenda.
As a result, Dr Manu said, “KPMG remained committed to rendering of relevant support to the continent; We have adopted a Pan-African development approach to work, employing full time experienced experts within the KPMG Africa team.”
He observed that the expertise of the DAS would, however, remain dormant if development, donor and government agencies did not access them. “A lot would depend on what we are entrusted with,” he added.
According to him, most of the money that entered the country as donations, loans and other revenues are not well managed, a situation he said led to improper usage of the monies for their intended purposes.
He was, however, optimistic that the launch of DAS in Ghana would help reduce the inconveniences associated with money management in the country and the sub-region as a whole.
A senior partner of the KPMG Ghana, Mr Joseph Winful, also observed that the continent was presently going through numerous development stages and thus needed independent minds and expertise to help partner the various governments, development and donor agencies in that regard.
He noted that the DAS was modelled in a manner that made it fitting to the current development needs of the continent and the sub-region in particular.