KPMG History
The acronyms in KPMG represent its four founders. The history behind these names provides a brief overview of the Firm and its development through the last two centuries.
K is for Klynveld. In 1917 Piat Klynveld established the Dutch accounting firm later known as Klynveld Kraayenhof & Co.
P is for Peat. In 1870 Sir William Barclay Peat founded the William Barclay Peat accounting firm in London.
M is for Marwick. James Marwick, founded the accounting firm Marwick Mitchell & Co. along with Roger Mitchell in New York City in 1897.
G is for Goerdeler. Dr. Reinhard Goerdeler was for many years president of the German firm Deutche Treuhand Gesellshaft.
In 1911 William Barclay Peat & Co. and Marwick Mitchell & Co. merged to form what later became known as Peat Marwick International (PMI). Klynveld Kraayenhof & Co. merged in 1979 with the Deutche Treuhand Gesellschaft and the international firm McLintock Main Lafrentz & Co. to form KMG.
Finally in 1987 KPMG was constituted by the merger of KMG and PMI. KPMG.
KPMG in Bolivia
KPMG is a global network of professional Audit, Tax Advice and Consulting services. They are present in 155 countries, with more than 207,000 professionals around the world. In Bolivia, they are a multidisciplinary group led by eight partners. Their main characteristic is to focus on the client and work as a team to develop lasting relationships, based on professionalism, timely communication, transparency and the desire to continuously improve.
KPMG works with 84% of the 500 largest companies worldwide (Fortune 500). They have developed alliances with more than 70 strategic partners and the most important providers of cloud services, and invested more than USD 4,000 million in innovation, including the acquisition of leading companies in cutting-edge technology in the last 4 years.
The Bolivian firm celebrates 50 years of uninterrupted service to their valued clients, focusing all our experience and all their resources towards a future full of opportunities thanks to the incorporation of powerful digital technologies in all their services and products.
