The Full form of KPMG is Klynveld Peat Marwick Goerdeler. KPMG is formed with the merger of Peat Marwick International (PMI) and Klynveld Main Goerdeler (KMG). The name KPMG is derived from the initials of its founding members, where K represents the name of Piet Klynveld, P represents William Barclay Pear, M represents Marwick and G represents the name of Dr. Reinhard Goerdeler. KPMG is a well-known network of professional firms globally, which provides Tax, Audit, and Advisory services.
In India, KPMG is considered as one of the leading providers of tax and regulatory services, internal audit, risk, financial and business advisory, and corporate governance. Headquartered in Amsterdam, Netherlands, its tagline is “Cutting through Complexity“. It helps its clients to grasp opportunities and mitigate risks. Its clients include nonprofit organizations, business corporations, public sector and government agencies. It was established in September 1993 in India with offices in Chandigarh, Ahmedabad, Bangalore, Chennai, Gurugram, Noida, Kochi, Mumbai, Vadodara etc. Currently, it has more than 2700 companies as its clients in India.
The values of KPMG include; working together, lead by example, seek facts and provide insight, respect the individual, be committed to communities, open and honest in communication and act with integrity. Today, with more than 174,000 employees, the network of KPMG exists in 155 countries.