Kpmg Fact Essay examples
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 …show more content…
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.
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