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KPMG Reviews

Amstelveen, Netherlands

4.7/ 5

3 reviews

KPMG is a prominent British multinational professional services network and stands as one of the "Big Four" accounting organizations globally, alongside Deloitte, Ernst & Young (EY), and PwC. Officially established in its modern form in 1987 through the landmark merger of Peat Marwick International and Klynveld Main Goerdeler (KMG), the firm’s operational roots trace back to the late 19th century during the Industrial Revolution. The initialism "KPMG" honors its principal founding figures: Piet Klijnveld, William Barclay Peat, James Marwick, and Reinhard Goerdeler. The network operates globally, serving a diverse client base that includes major business corporations, governments, public sector agencies, and non-profit organizations. Structurally, KPMG is organized as a coordinated network of independent member firms rather than a single unified corporation. Each national firm exists as a distinct legal entity responsible for managing its own operations and maintaining compliance with local ownership laws and regulatory requirements. This structural approach is particularly vital in jurisdictions like India, where statutory regulations restrict foreign auditing firms from operating directly; consequently, KPMG operates its Indian audit practices under the licensed name of BSR & Co., which it acquired following economic liberalization in 1992. The global coordinating body for the network is KPMG International Limited, a private English company limited by guarantee headquartered in Amstelveen, Netherlands, with corporate offices in London, England. KPMG International Limited itself does not provide commercial or professional services to clients; instead, it focuses on governance, strategic leadership, brand protection, and enforcing uniform quality standards across the global network through its Global Board, Council, and Executive Team. The core service offerings of KPMG are divided into three primary functional divisions: Audit and Assurance, Tax and Legal, and Advisory or Consulting services. Across these segments, professionals provide specialized financial, legal, risk mitigation, and strategic management guidance tailored to approximately 16 distinct industry verticals, including banking, asset management, energy, infrastructure, healthcare, technology, and consumer manufacturing. For the fiscal year 2024, the global network reported an aggregated revenue of US$38.4 billion. KPMG maintains a workforce of approximately 275,000 partners and employees operating across more than 140 countries and territories. In addition to its commercial services, the organization emphasizes corporate citizenship and environmental sustainability, actively pursuing an internal commitment to integrate Environmental, Social, and Governance (ESG) frameworks with an overarching target to achieve Net Zero carbon emissions across its operations by the year 2030.