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K for Klynveld.
Piet Klynveld founded the accounting firm Klynveld Kraayenhof & Co. in Amsterdam in 1917. |
P for Peat.
William Barclay Peat founded the accounting firm William Barclay Peat & Co. in London in 1870. |
M for Marwick.
James Marwick founded the accounting firm Marwick, Mitchell & Co. with Roger Mitchell in New York City in 1897. |
G for Goerdeler.
Dr. Reinhard Goerdeler was for many years chairman of Deutsche Treuhand-Gesellschaft and later chairman of KPMG. He is credited with laying much of the groundwork for the KMG merger. |
KPMG first opened an office in the Isle of Man in 1978, largely to meet the needs of KPMG clients establishing new businesses on the Island. The business grew steadily until the first resident partner was appointed in 1981. Following further steady progress, and reflecting the growth in the Isle of Man’s financial services sector, KPMG Isle of Man merged with J G Fargher & Co in 1986, creating a firm of over 30 professionals and, over the following years, became established as one of the Island’s leading audit and accounting firms.
Together with other KPMG member firms around the world, in 1999 the fiduciary services practice was separated from the audit and accounting firm, leaving the firm to concentrate on the provision of audit, taxation and advisory services.
In 2002, as part of a global KPMG programme, KPMG in the Isle of Man became part of The Offshore Group, a sub-region of KPMG comprising 19 other international financial services centres, and in 2003, the business of KPMG in the Isle of Man was restructured within two LLCs – KPMG LLC and KPMG Audit LLC.
In 2008, KPMG LLC incorporated a new firm, KPMG Limited, in Gibraltar which has since grown rapidly and, for administrative purposes, is closely linked to the operations of KPMG in the Isle of Man.
With almost 100 directors, associate directors, managers and staff, KPMG in the Isle of Man now provides audit, tax, advisory services to a wide range of clients and continues to play an important part in the development and growth of the Isle of Man.