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KPMG

KPMG International Limited
Company typePrivately held 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
HeadquartersLondon, England, UK
Area served
Worldwide
Key people
Bill Thomas
(Global Chairman and CEO)
Services
RevenueIncrease US$36.4 billion (2023)[1]
Number of employees
273,424 (2023)[1]
Websitekpmg.com

KPMG International Limited[2] (or simply KPMG) is a British 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".[3] The initialism was chosen when KMG (Klynveld Main Goerdeler) merged with Peat Marwick in 1987.[4]

The firm is a multinational and operates worldwide. Headquartered in London, England, KPMG is a network of firms in 145 countries with 273,424 employees.[1] It has three lines of services: financial audit, tax, and advisory.[5] 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.[6][7]

  1. ^ 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.
  2. ^ "Governance – KPMG Global". KPMG. 3 October 2024.
  3. ^ "Who were K, P, M and G?" (PDF). Archived from the original (PDF) on 3 December 2008. Retrieved 31 October 2021.
  4. ^ Cite error: The named reference kpmg1987 was invoked but never defined (see the help page).
  5. ^ "KPMG delivers strong global revenues, reporting 14% growth in FY22". 13 December 2022. Retrieved 13 December 2022.
  6. ^ "Governance". KPMG. 3 September 2020. Retrieved 3 October 2024.
  7. ^ Your Planning Resource with Useful Tips and Techniques. John Wiley. 2008. p. 308. ISBN 978-0787996611.

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