Encyclopedia > KPMG

  Article Content


KPMG (Klynveld Peat Marwick Goerdeler) is a Big 4 accountancy firm. It was formed with the 1987 merger of Peat Marwick International (PMI) and Klynveld Main Goerdeler (KMG).

In 1997, KPMG and Ernst & Young announced that they were to merge, in a manoeuvre largely seen as a spoiling tactic over the merger of Price Waterhouse[?] and Coopers & Lybrand[?]. However that merger, to form PricewaterhouseCoopers, was granted regulatory approval and the KPMG/Ernst & Young tie-up was later abandoned.

In 2001, KPMG divested its US consulting firm through an IPO of KPMG Consulting Inc[?], which is now called BearingPoint, Inc..

Some of KPMG's major audit clients include HSBC[?], Diageo[?], and AstraZeneca[?].

All Wikipedia text is available under the terms of the GNU Free Documentation License

  Search Encyclopedia

Search over one million articles, find something about almost anything!
  Featured Article
Dennis Gabor

...     Contents Dennis Gabor Dennis Gabor (Gábor Dénes) (1900-1979) was a Hungarian physicist. He invented holography in 1947, for ...

This page was created in 35.6 ms