Noella Price

Written by Noella Price

Modified & Updated: 31 May 2024

Jessica Corbett

Reviewed by Jessica Corbett

13-facts-about-kpmg
Source: Reuters.com

KPMG is a globally renowned professional services firm that offers a broad range of audit, tax, and advisory services to clients across various industries. With a rich history spanning over a century, KPMG has solidified its position as one of the “Big Four” accounting firms, alongside Deloitte, PricewaterhouseCoopers (PwC), and Ernst & Young (EY).

In this article, we will delve into 13 fascinating facts about KPMG that showcase its impressive accomplishments and contributions to the business world. From its founding principles to its innovative initiatives, KPMG continues to shape the landscape of the financial industry and serves as a trusted advisor to countless organizations globally.

Key Takeaways:

  • KPMG is a global professional services firm with a strong focus on integrity, diversity, and innovation. They provide a wide range of services and are committed to making a positive impact on society through corporate social responsibility.
  • KPMG was founded in 1987 through a merger of four accounting firms and now operates in 147 countries. They have a dedicated team of over 227,000 professionals who work together to deliver exceptional services to clients across different sectors.
Table of Contents

KPMG is one of the top global professional services firms.

With its headquarters in Amstelveen, the Netherlands, KPMG is a leading provider of audit, tax, and advisory services. It operates in 147 countries and territories and has a vast network of member firms.

KPMG was founded in 1987 through a merger of four accounting firms.

The merger brought together Peat Marwick International, Klynveld Main Goerdeler, McLintock Main Lafrentz, and Deutsche Treuhand-Gesellschaft to form KPMG, which stands for the initial letters of the founding firms’ last names.

KPMG employs over 227,000 professionals worldwide.

The firm’s dedicated team of skilled professionals consists of auditors, tax experts, consultants, and advisors who work together to deliver exceptional services to their clients.

KPMG has a strong focus on corporate social responsibility.

The company actively participates in various initiatives to make a positive impact on society. They focus on areas such as education, environmental sustainability, and community development.

One of KPMG’s core values is integrity.

Integrity is at the heart of KPMG’s culture, and they uphold the highest ethical standards in all their interactions and decision-making processes.

KPMG is committed to diversity and inclusion.

The company believes in fostering an inclusive work environment where everyone feels valued and respected. They promote diversity in their workforce and strive for gender balance and equal opportunities.

KPMG is involved in thought leadership activities.

The firm conducts extensive research and produces insightful reports on various topics to help clients navigate the complex business landscape.

KPMG provides services to clients across different sectors.

They serve clients from industries such as financial services, technology, healthcare, manufacturing, telecommunications, and many others.

The firm offers a wide range of services including audit and assurance.

KPMG provides independent and objective audits to help clients assess and improve their financial reporting and internal controls.

KPMG is committed to innovation and digital transformation.

In a rapidly evolving business landscape, KPMG embraces technology and digital solutions to enhance their service offerings and drive growth for their clients.

They have a strong focus on talent development.

KPMG invests in its people by providing training and development opportunities to nurture their skills and expertise.

KPMG is actively involved in promoting sustainability.

They work with clients to develop sustainable business practices and strategies that consider environmental, social, and governance factors.

KPMG has a global network of member firms.

The firm’s member firms work together closely, sharing knowledge and resources, to deliver high-quality services to clients around the world.

Conclusion

KPMG is a leading global professional services firm that provides audit, tax, and advisory services to a wide range of clients. With a rich history spanning over a century, KPMG has established itself as a trusted and reputable company in the industry. From its humble beginnings in 1870, the firm has grown to have a strong presence in more than 150 countries, employing thousands of professionals.

Through its commitment to quality, integrity, and innovation, KPMG has earned the trust of clients and professionals alike. The company’s comprehensive range of services is designed to help organizations navigate the ever-changing business landscape and achieve sustainable growth.

With a diverse and talented workforce, KPMG is known for its collaborative and inclusive culture, fostering an environment where individuals can thrive and make a positive impact. Through its strong corporate social responsibility initiatives, KPMG also actively contributes to the communities it serves.

In conclusion, KPMG is an industry leader with a proven track record of delivering exceptional client service and driving positive change in the business world. As the company continues to evolve and adapt to new challenges, it remains committed to its core values and the success of its clients.

FAQs

Q: What services does KPMG provide?

A: KPMG provides audit, tax, and advisory services to a wide range of clients, including multinational corporations, government agencies, and non-profit organizations.

Q: How long has KPMG been in business?

A: KPMG was founded in 1870, making it one of the oldest and most established professional services firms in the world.

Q: How many countries does KPMG operate in?

A: KPMG operates in more than 150 countries, with a strong global presence and network of professionals.

Q: What sets KPMG apart from its competitors?

A: KPMG is known for its commitment to quality, integrity, and innovation. The firm’s collaborative culture, diverse workforce, and strong corporate social responsibility initiatives also contribute to its competitive edge.

Q: How does KPMG contribute to the communities it serves?

A: KPMG actively engages in corporate social responsibility initiatives, supporting various causes and addressing social and environmental challenges in the communities it operates in.

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