Company Overview
KPMG is a global network of independent professional services firms providing Audit, Tax, and Advisory services. Operating in 145 countries and territories, KPMG employs over 275,000 professionals dedicated to delivering value and excellence to clients across various industries.
The name “KPMG” stands for “Klynveld Peat Marwick Goerdeler,” reflecting the firm’s rich heritage. The organization was formed in 1987 through the merger of Klynveld Main Goerdeler (KMG) and Peat Marwick International, combining their respective member firms to create a unified global presence.
KPMG’s service offerings are structured into three primary lines: Audit, Advisory, and Tax and Legal Services. In the fiscal year 2024, the firm reported global revenues of $38.4 billion, with Audit generating $13.4 billion, Advisory $16.3 billion, and Tax and Legal Services $8.7 billion.
KPMG has played a significant role in various historical events. For instance, the firm’s founders were selected to conduct an emergency audit that contributed to the establishment of the US Federal Reserve System in 1913. Additionally, KPMG has been involved in developing the first accounting standards and certifying the first democratic elections in South Africa.
The firm’s commitment to innovation is evident in its recent initiatives. In November 2024, KPMG announced a $100 million investment over four years to enhance its enterprise artificial intelligence services through a partnership with Google Cloud. This strategic move aims to leverage AI technologies to improve service delivery and client outcomes.
KPMG’s organizational structure comprises independent member firms affiliated with KPMG International Limited, a UK company limited by guarantee. This structure allows member firms to maintain autonomy while adhering to shared standards and practices, ensuring consistent service quality worldwide.
In India, where regulations restrict foreign auditing firms, KPMG operates through BSR & Co., an auditing firm it acquired following the liberalization of the Indian economy in 1992. This approach enables KPMG to provide audit services while complying with local legal requirements.
KPMG’s dedication to excellence and innovation positions it as a leader in the professional services industry, continually adapting to meet the evolving needs of clients and the global marketplace.
Founded Year
1987
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Services Offered
No. of Employees
1000+
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Reviews
Patricia Harris
High security, clean, well organized. The culture is good, the people are nicer.
Matthew Martinez
Awesome old building on Park, also home to the NFL... Keep your eyes open in the lobby, and you'll undoubtedly run into a player.
Donald Martin
If you would like to see human beings organized as if they are an ant farm, this is the place.
