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Seated in Amstelveen, the Netherlands, KPMG employs 189,000 people and has three lines of services: financial audit, tax, and advisory. The name “KPMG” stands for “Klynveld Peat Marwick Goerdeler. 15 Canada Square in Canary Wharf, 1818 group forex indonesia. The headquarters of KPMG in the UK.

The organization’s history spanned three centuries. In 1818 John Moxham opened a company in Bristol. James Grace and James Grace Jr. Young announced that they were to merge. In 2001 KPMG divested its U. The UK and Dutch consulting arms were sold to Atos Origin in 2002. In 2003 KPMG divested itself of its legal arm, Klegal and KPMG LLP sold its Dispute Advisory Services to FTI Consulting.

KPMG’s member firms in the United Kingdom, Germany, Switzerland and Liechtenstein merged to form KPMG Europe LLP in October 2007. Each national KPMG firm is an independent legal entity and is a member of KPMG International Cooperative, a Swiss entity registered in the Swiss Canton of Zug. KPMG International changed its legal structure from a Swiss Verein to a co-operative under Swiss law in 2003. This structure in which the Cooperative provides support services only to the member firms is similar to other professional services networks.

The member firms provide the services to client. The purpose is to limit the liability of each independent member. Bill Thomas is KPMG’s Global Chairman. He was formerly Senior Partner and CEO of KPMG LLP, the KPMG member firm in Canada. Some KPMG member firms are registered as multidisciplinary entities which also provide legal services in certain jurisdictions.

Tax arrangements relating to tax avoidance and multinational corporations and Luxembourg which were negotiated by KPMG became public in 2014 in the so-called Luxembourg Leaks. In March 2017 KPMG launched a campaign designed to encourage more women to pursue careers in technology-based professions. The US branch of KPMG was rated one of the top 10 companies for working mothers. 12 on Fortune Magazine’s 2017 list of 100 Best Companies to Work For, voted for by employees. In 2009, KPMG in the UK was named the best big company to work for by The Times. This was the fourth consecutive year that KPMG had made the top three. In 2009, in the UK, KPMG introduced a programme known as ‘Flexible Futures’.