United Kingdom


KPMG was formed in 1987 with the merger of Peat Marwick International (PMI) and Klynveld Main Goerdeler (KMG) and their individual member firms. Spanning three centuries, the organization's history can be traced through the names of its principal founding members - whose initials form the name "KPMG."

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Piet Klynveld  William Peat James Marwick  Reinhard Goerdeler 

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.




Robert Fletcher establishes accountancy firm which later becomes Peat Marwick Mitchell




William Barclay Peat joins firm



Thomson McLintock opens office in Glasgow



Marwick Mitchell & Co established in New York



Peat and Marwick Mitchell & Co join to create a transatlantic firm



Thomson McLintock forms KMG, a grouping of independent national practices to create a strong European-based international firm



The two firms merge worldwide to create one firm, KPMG; in April in the UK, Peat Marwick McLintock is born



January, name amended to highlight the international strength of the firm: KPMG Peat Marwick McLintock



October, McLintock name is dropped to create KPMG Peat Marwick  



July, UK firm announces intention to explore incorporation



6th February, the UK firm shortens its name to KPMG  



October, KPMG Audit Plc formed, which undertakes our publicly quoted and regulated financial service audit practice



KPMG in the UK becomes a limited liability partnership



KPMG Europe LLP launched on 1 October 2007. It is a new UK. registered LLP, with its head office in Frankfurt



KPMG Europe LLP demerges in favour of transitioning to a broader EMA regional structure

UK Annual Report 2014

UK Annual Report 2014


This year, we continued on our three year journey of transformation to become the clear choice. We stimulated growth in our business, turned the spotlight back up on our Values and reflected on and communicated our Purpose.


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