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KPMG
The (abbreviation) full form of KPMG is Klynveld Peat Marwick Goerdeler.
Additional Information About KPMG
KPMG is one of the largest professional services companies in the world. It is one among the big four auditors Deloitte, EY and PwC. The name KPMG came after the merger of KMG (Klynveld Main Goerdeler) with Peat Marwick.
KPMG can be said to come from the following terms:
K– Originates from the accounting firm Klynveld Kraayenhof & Co.
P – Originates from accounting firm William Barclay Peat & Co.
M – Originates from accounting firm Marwick, Mitchell & Co.
G – Originates from the name of the person Dr Reinhard Goerdeler, Chairman of KPMG.
The company has the following three lines of services:
- a) Audit
b)Tax
c)Advisory
The tax and advisory services of the company are further divided into various service groups. The practice of accounting amounts to 60% of the company’s revenues.