As one of the Big Four accounting firms, along with Ernst & Young (EY), Deloitte, and PwC. KPMG is a network of firms in 145 countries with 275,288 employees, [1] affiliated with KPMG International Limited, a private English company limited by guarantee. [3] The name "KPMG" stands for "Klynveld Peat Marwick Goerdeler". [4] .

Mar 6, 2025 · KPMG stands for Klynveld Peat Marwick Goerdeler, the last names of the firm’s four founding members. KPMG was founded in 1987 as the result of a merger between Klynveld Main Goerdeler (KMG) and Peat Marwick International (PMI).

KPMG was the result of one of the largest of these mergers. In 1987, Peat Marwick merged with the Klynveld Main Goerdeler group (which included the aforementioned MMLI) to become KPMG Peat Marwick, rebranding in 1995 to simply KPMG.

KPMG firms operate in 143 countries and territories, and in FY23, collectively employed more than 273,000 people, serving the needs of business, governments, public-sector agencies, not-for-profits and through KPMG firms' audit and assurance practices, the capital markets.

The top 10 largest accounting firms by revenue: 1. Deloitte. 2. PwC. 3. EY. 4. KPMG. 5. BDO. 6. RSM. 7. Grant Thornton. 8. Nexia International. 9. Crowe Horwath. 10. Baker Tilly. 1. Deloitte is ranked number one with revenues of $67.2 billion of revenue in fiscal year 2024. Deloitte earned revenues of $64.9 billion of revenue in fiscal year 2023.

KPMG first became KPMG in 1987 when Peat Marwick Mitchell & Co and Klyvnveld Main Goerdeler merged into one firm. Visit our Big 8 accounting firms page to learn more about the history of KPMG and the other big four accounting firms.

KPMG stands for Klynveld Peat Marwick and Goerdeler. Each of those names stands for one of the major partnerships that makes up KPMG’s history.

Jan 27, 2023 · I spent hours researching and found that Wells Fargo, Pfizer, PepsiCo, Citigroup, and Accenture are some of the biggest clients of KPMG. It has been serving as their independent auditor for the past few years. Some other big companies on the list of KPMG clientele are: Yum! Brand Inc. In this post, I’ll reveal: 1. Wells Fargo and Company. 2.

There are 4 different names in KPMG (Klynveld, Peat, Marwick, and Goerdeler), which means there were more than enough mergers in the history of this company. The last major merger happened in 1987 when PMI (Peat Marwick International) merged …

Mar 4, 2025 · Timothy Walsh was elected for a five-year term to succeed Paul Knopp as chair and CEO of KPMG U.S. beginning on July 1, the Big Four accounting firm said on Monday.