INTRODUCTION.
KPMG was formed in 1987 as a result of a merger between Peat Marwick International (PMI) and Klynveld Main Goedeler (KMG), and their personal firms. The development of KPMG can be traced through a history of the principal founding members whose names form the initials KPMG. K represents Klynveld; Piet Klynveld was the founder of Klynveld Kraayenhof & Co. a company in Amsterdam in 1917. P stands for Peat; William Barclay Peat was the founder of William Barclay Peat & Co, a company based in London in 1870. M stands for Marwick; James Marwick and Roger Mitchell were the founders of Marwick, Mitchell & Co. a company based ...