PepsiCo. case study

PepsiCo is a world leader in convenience foods and drinks, with more than 157,000 employees and 2005 revenues of more than $32 billion. With headquarters in Purchase, New York, the company consists of Frito-Lay North America, PepsiCo Beverages North America, PepsiCo International and Quaker Foods North America. Our full-scope Audit work for PepsiCo starts in March and is completed in mid-February of the following year. We also perform three SAS 100 reviews of interim financials and undertake one-off tasks, for example, helping PepsiCo adopt the Statement of Financial Standards (SFAS) 123R in the first quarter of 2006.

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Diageo

By putting together an experienced team with an in-depth understanding of the issues and challenges faced by PepsiCo, KPMG firms' professionals have built up a strong relationship with the client. They see our work as central to helping them achieve their goals of sustainability and profitability.

Our independent objective opinions on their financial statements enhances the credibility of their financial results so shareholders and the capital markets have greater confidence in providing the company with the capital needed to grow and expand into new markets.