KPMG History
KPMG was formed in 1987 with the merger of Peat Marwick International (PMI) and Klynveld Main Goerdeler (KMG) and their individual member firms. Spanning three centuries, the organization's history can be traced through the names of its principal founding members - whose initials form the name "KPMG."

K stands for Klynveld. Piet Klynveld founded the accounting firm Klynveld Kraayenhof & Co. in Amsterdam in 1917.

P is for Peat. William Barclay Peat founded the accounting firm William Barclay Peat & Co. in London in 1870.

M stands for Marwick. James Marwick founded the accounting firm Marwick, Mitchell & Co. with Roger Mitchell in New York City in 1897.

G is for Goerdeler. Dr. Reinhard Goerdeler was for many years chairman of Deutsche Treuhand-Gesellschaft and later chairman of KPMG. He is credited with laying much of the groundwork for the KMG merger.

1867

Robert Fletcher establishes accountancy firm which later becomes Peat Marwick Mitchell

1870

William Barclay Peat joins firm

1877

Thomson McLintock opens office in Glasgow

1897

Marwick Mitchell & Co established in New York

1925

Peat and Marwick Mitchell & Co join to create a transatlantic firm

1979

Thomson McLintock forms KMG, a grouping of independent national practices to create a strong European-based international firm

1987

The two firms merge worldwide to create one firm, KPMG

1991

KPMG opened office in Zagreb as a subsidiary in the jurisdiction of the London-based office

1993

KPMG Croatia d.o.o. was officially registered

Home Services Industries About KPMG Careers Virtual Library
SEARCH SITEMAP HELP  e-MAIL ARTICLE  CONTACT US SITE SELECTOR