KPMG
Major accounting firm
KPMG is one of the "Big Four" accounting firms, alongside Deloitte, EY, and PwC.
The name derives from a 1987 merger of Klynveld Main Goerdeler and Peat Marwick, though the initials now function as an opaque brand rather than an acronym.
KPMG provides audit, tax, and advisory services to major corporations worldwide: KPMG handles our annual audit.
Dominant group of four
- DeloitteMultinational professional services network
- professional servicesFee-based expert work
- partnershipShared business arrangement
- multinationalOperating across multiple countries
accounting firm · advisory · assurance · clientele · network · reputation · corporate · mergers
Firm promise or certainty
- verificationProving something accurate
- inspectionFormal assessment of condition
- complianceAdhering to requirements
- reviewCritical written assessment
financial statements · external auditor · internal controls · due diligence · GAAP · Sarbanes-Oxley · materiality · risk assessment
Notice recommending action
- strategyPlanned approach to goals
- transformationThorough change in form
- implementationPutting plans into effect
- management consultingProfessional business improvement guidance
digital transformation · process improvement · restructuring · change management · optimization · benchmarking · integration
Concerning relations among countries
- worldwideExtending across Earth
- cross-borderSpanning national boundaries
- multinationalOperating across multiple countries
- global networkInterconnected system spanning Earth
offices · subsidiaries · emerging markets · global expansion
Compulsory government revenue collection
- tax complianceFollowing taxation laws
- tax planningStrategies minimizing owed levies
- corporate taxLevy on company profits
- tax strategyMethod to reduce obligations
IRS · tax code · deductions · filings · tax shelter · tax optimization
Big Four
Dominant group of four
- DeloitteMultinational professional services network
- professional servicesFee-based expert work
- partnershipShared business arrangement
multinational · accounting firm · advisory · assurance · clientele · network · reputation · corporate · mergers · acquisitions
assurance
Firm promise or certainty
- verificationProving something accurate
- inspectionFormal assessment of condition
- complianceAdhering to requirements
review · financial statements · external auditor · internal controls · due diligence · GAAP · Sarbanes-Oxley · materiality · risk assessment · attestation
advisory
Notice recommending action
- strategyPlanned approach to goals
- transformationThorough change in form
- implementationPutting plans into effect
management consulting · digital transformation · process improvement · restructuring · change management · optimization · benchmarking · integration
international
Concerning relations among countries
- worldwideExtending across Earth
- cross-borderSpanning national boundaries
- multinationalOperating across multiple countries
global network · offices · subsidiaries · emerging markets · global expansion
taxation
Compulsory government revenue collection
- tax complianceFollowing taxation laws
- tax planningStrategies minimizing owed levies
- corporate taxLevy on company profits
tax strategy · IRS · tax code · deductions · filings · tax shelter · tax optimization