Kpmg Fact Essay examples

943 Words Nov 10th, 2013 4 Pages
KPMG (Chinese name: 毕马威)


MISSION/HISTORY

KPMG was formed in 1987 with the merger of Peat Marwick International (PMI) and Klynveld Main Goerdeler (KMG) and their individual member firms. With a rich history, spanning three centuries, the organization's background 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
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In order to maintain staff continuity on the audit and at the request of the bank's Chief Manager (Sir Arthur Morse), Peat Marwick Mitchell & Co established a presence in Hong Kong.

In 1945, the Hong Kong partnership of Peat Marwick Mitchell & Co was established.

In 1983, our first office in Mainland China was established.

In 1987, following the worldwide merger of Peat Marwick Mitchell & Co and Klynveld Main Goerdeler, the firm became KPMG Peat Marwick.

In 1992, the firm was granted a foreign joint venture licence in China and KPMG was the first international accounting organisation granted such a licence.

In 1998, the Hong Kong member firm changed its name to KPMG.

Values
KPMG people work together to deliver value to our clients. We believe strongly in a common set of shared values which guide our behaviour when dealing with both our clients and each other:

We lead by example - at all levels acting in a way that exemplifies what we expect of each other and our clients.

We work together - bringing out the best in each other and creating strong and successful working relationships.

We respect the individual - respecting people for who they are, and for their knowledge, skills, and experience as individuals and team members.

We seek the facts and provide insight - challenging assumptions, pursuing facts, and strengthening our reputation as trusted and objective business advisors.

We are open and honest in our communication - sharing…

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