The Transparency Report describes in detail our strategy, structure, governance and systems of quality control covering the financial year to 31 December 2017. Every year, we set our standards very high and we are focused and committed to the provision of high quality services to our dedicated clientele.
We believe that our clients and wider stakeholders deserve a clear articulation of the steps that we take to uphold our professional obligations and responsibilities and to understand how we ensure delivery of the highest quality in all of our services. Our Transparency Report seeks to explain how we do this at KPMG.
Our employees lead by example and work together to achieve the best result. They are open and honest and act with integrity. These values played a significant role and our clients continue to respond positively to our firm, maintaining KPMG as the number one audit firm in Cyprus.
At KPMG we are committed to the role we play in serving the public interest with full understanding of the critical importance of audit quality to the marketplace.
Our aim continues to be the provision of high-quality audit services in anethical and independent manner, recognizing this necessity particularly in the current economic climate.
Our tax team continues to promote Cyprus as an international investmentand business center as well as examining the impact on our clients and ourcommunity of the Global trends regarding transparency and exchange ofinformation in a changing international tax landscape.
Understanding the need for continuous improvement, we pay attention in our collaboration with regulators and our investment in audit quality, continuously reminding ourselves of our purpose which is to be the best firm for our clients, our people and our community.