In 1987 PMI and KMG embarked upon the accounting profession's first mega-merger and formed KPMG
Who were K, P, M and G?Klynveld, Pieter
was born in 1874 in Amsterdam, Holland. He was the
founder of the Dutch accounting firm Klynveld Kraayenhof & Co., now
KPMG in the Netherlands which was founded in 1917. In 1979 Klynveld joined
forces with Deutsche Treuhand-Gesellschaft and McLintock Main Lafrentz
to form Klynveld Main Goerdeler (KMG). |
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Peat, William Barclay
was born in 1852 in Scotland. He joined the firm established
by Robert Flatcher in London, in 1870. At the age of 24 Peat was made
a partner. In 1891 the firm adopted his name - William Barclay Peat & Co. |
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Marwick, James
was born in 1862 in Edinburgh, Scotland. He founded the
accounting firm Marwick Mitchell & Co. with Roger Mitchell in New
York City in 1897. In 1911 William Barclay Peat & Co. and Marwick
Mitchell & Co. joined for-ces to form Peat Marwick Mitchell & Co. |
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Goerdeler, Reinhard
was born in 1922 in Königsberg, Germany (now Kaliningrad,
Russia). He was for many years chairman of Deutsche Treuhand-Gesellschaft
and later first chairman of KMG. Goerdeler is credited with laying much
of the groundwork for the KPMG merger. |
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