KPMG

KPMG International Limited
Company typeUnited Kingdom Limited Company
IndustryProfessional services
Founded
  • 1987 (1987)
  • (merger of Peat Marwick International and Klynveld Main Goerdeler)
  • 1979 (1979) (KMG)
  • 1925 (1925) (Peat Marwick)
  • 1897 (1897) (Marwick, Mitchell & Company)
Founders
  • William Barclay Peat
  • James Marwick
  • Roger Mitchell
  • Piet Klijnveld
  • Jaap Kraayenhof
  • Reinhard Goerdler
  • Thompson McLintock
  • Frank Wilber Main
Headquarters
Area served
Worldwide
Key people
Bill Thomas
(Global Chairman and CEO)
Services
RevenueIncrease US$36.4 billion (2023)[2]
Number of employees
273,424 (2023)[2]
Websitehome.kpmg

KPMG International Limited[3] (or simply KPMG) is a multinational professional services network, and one of the Big Four accounting organizations, along with Ernst & Young (EY), Deloitte, and PwC. The name "KPMG" stands for "Klynveld Peat Marwick Goerdeler".[4] The initialism was chosen when KMG (Klynveld Main Goerdeler) merged with Peat Marwick in 1987.[5]

The firm is multinationally based and operates worldwide. Based in Amstelveen, Netherlands, with executive offices in New York City,[1] KPMG is a network of firms in 145 countries with 273,424 employees.[2] The location of legal incorporation is London, England, where it maintains strong historical connections. It has three lines of services: financial audit, tax, and advisory.[6] Its tax and advisory services are further divided into various service groups. Over the past decade, various parts of the firm's global network of affiliates have been involved in regulatory actions as well as lawsuits.[7][8]

  1. ^ a b "New York - Executive Offices". KPMG. 4 October 2019. Retrieved 13 March 2024.
  2. ^ a b c "KPMG global FY2023 revenues grow to US$36 billion with continued investment in Technology, Talent and ESG". 13 December 2023. Retrieved 13 December 2023.
  3. ^ "Governance – KPMG Global". KPMG. 3 September 2020.
  4. ^ "Who were K, P, M and G?" (PDF). Archived from the original (PDF) on 3 December 2008. Retrieved 31 October 2021.
  5. ^ Cite error: The named reference kpmg1987 was invoked but never defined (see the help page).
  6. ^ "KPMG delivers strong global revenues, reporting 14% growth in FY22". 13 December 2022. Retrieved 13 December 2022.
  7. ^ "Governance". KPMG. 3 September 2020. Retrieved 19 February 2022.
  8. ^ Your Planning Resource with Useful Tips and Techniques. John Wiley. 2008. p. 308. ISBN 978-0787996611.

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