KPMG LLP
The United States member firm of the KPMG global professional-services network, providing audit, tax, and advisory services.
Last updated August 28, 2026
Overview
KPMG LLP is the United States member firm of KPMG, a global network of independent professional-services firms commonly grouped with Deloitte, EY, and PwC as the Big Four accounting networks. The U.S. firm serves public companies, private businesses, governments, nonprofit organizations, private-equity sponsors, financial institutions, and other large and midsize enterprises. Its principal activities are audit and assurance, tax, and advisory work. The firm’s audit and assurance practice supports financial-statement audits, accounting and reporting matters, internal controls, regulatory requirements, and related assurance needs. Its tax practice covers corporate and international tax, state and local tax, trade and customs, transaction tax, tax technology, transfer pricing, and tax support for mergers, acquisitions, restructurings, and capital-markets activity. Advisory work spans deal advisory, strategy, technology and transformation, risk, cybersecurity, regulatory services, forensic work, finance transformation, customer and marketing consulting, and other operational or industry-specific assignments. KPMG LLP operates as part of a network rather than as a single globally integrated corporation. Member firms are separate legal entities, while KPMG International provides the common brand, governance framework, methodologies, resources, and international coordination. The U.S. firm therefore combines domestic delivery capabilities with access to specialists in other KPMG firms and jurisdictions. Its industry-oriented organization is intended to align service teams with the commercial, regulatory, and operating conditions of sectors such as financial services, healthcare, industrial manufacturing, technology, media and telecommunications, consumer and retail, energy, government, and life sciences. A notable part of the firm’s market proposition is thought leadership: KPMG publishes surveys, outlooks, technical guidance, and sector analyses intended to help executives address regulation, transactions, transformation, technology, artificial intelligence, and economic uncertainty. Its advisory portfolio also includes marketing enablement, where the firm helps clients improve marketing operating models, data, technology platforms, governance, measurement, and campaign execution. KPMG’s U.S. business is not itself a stock-market-listed company and does not have a public ticker. Its brand identity is shared with the international KPMG network, whose name derives from the surnames represented in the 1987 combination of Klynveld Main Goerdeler and Peat Marwick. The U.S. firm remains active and is headquartered in New York City, with offices and client activity across the United States.
History
KPMG LLP is best understood within the history of the KPMG network and the development of the modern accounting profession. The network’s heritage reaches back to several accounting practices founded in Europe and the United States during the late nineteenth and early twentieth centuries. Among the names later represented in KPMG were William Barclay Peat, James Marwick, Piet Klijnveld, and Reinhard Goerdeler, together with other predecessor firms and combinations. These practices developed from traditional bookkeeping and audit work into broader professional services as corporations became larger, securities markets expanded, and governments introduced more extensive financial-reporting and tax requirements. In 1979, firms associated with Klynveld Kraayenhof & Co. in the Netherlands, McLintock Main LaFrentz in the United Kingdom and United States, and Deutsche Treuhand-Gesellschaft in Germany formed KMG, an international grouping designed to coordinate services across borders. Peat Marwick, Mitchell & Co. represented another major lineage, with roots in the Marwick and Peat practices and a substantial presence in the United States. In 1987, KMG and Peat Marwick combined. The resulting name, KPMG, was formed from the initials of Klynveld, Peat, Marwick, and Goerdeler. The combination created the foundation for the present international network, but the network model preserved the legal independence of its member firms. KPMG International functions as the coordinating organization and brand platform, while national firms such as KPMG LLP in the United States contract with clients and employ professionals under their own legal structures. This model enables common methodologies and cross-border collaboration while reflecting local licensing, professional-regulation, partnership, and liability requirements. Over subsequent decades, KPMG’s U.S. practice expanded beyond financial-statement auditing. Tax services developed alongside increasingly complex domestic and international tax systems, while advisory work grew in response to corporate restructuring, technology change, financial risk, regulation, cybersecurity, transactions, and operational transformation. The firm also adopted industry-based structures intended to organize expertise around clients’ economic sectors rather than solely around technical disciplines. Its transaction practice supports due diligence, M&A tax, finance-process changes, integration, separation, and preparation for public offerings. In the twenty-first century, KPMG LLP has continued to emphasize data, cloud technology, artificial intelligence, digital controls, and transformation alongside its traditional assurance and tax foundations. It publishes market studies and technical insights and uses sponsorships, events, digital channels, and thought leadership to maintain relationships with business and institutional audiences. The U.S. firm’s current scope includes audit, tax, and advisory services for organizations across major industries. Because KPMG is a network of independent firms, developments involving KPMG firms in other countries should not automatically be treated as events involving KPMG LLP.
- 2025U.S. transaction and IPO research
KPMG issued U.S. studies and snapshots covering M&A, private equity, IPO activity, financing conditions, regulation, and the effects of generative AI on dealmaking.
- 2024Marketing enablement expansion
KPMG highlighted marketing operating models, marketing technology, customer-data platforms, and AI-supported campaign management within its advisory services.
- 2020Marketing-spend management research
KPMG published guidance on improving marketing-spend governance, measurement, vendor management, and financial accountability.
- 1987KMG and Peat Marwick combine
The merger of KMG and Peat Marwick created the KPMG name and the foundation of the modern global network.
- 1979Formation of KMG
Klynveld Kraayenhof & Co., McLintock Main LaFrentz, and Deutsche Treuhand-Gesellschaft formed KMG as an international accounting-firm grouping.
Products and positioning
A Big Four professional-services firm positioned around trusted audit, tax expertise, industry specialization, transaction support, and technology-enabled transformation.
Audit and assuranceProfessional services
KPMG’s audit and assurance practice provides financial-statement audit and related assurance work, together with support for accounting, reporting, internal controls, governance, and regulatory expectations. The service is designed for public and private organizations whose stakeholders require reliable financial information and disciplined reporting processes.
Tax servicesProfessional services
The tax practice advises on corporate, international, state and local, indirect, trade, transfer-pricing, and transaction-tax matters. It also supports acquisitions, divestitures, restructurings, operating-model changes, tax technology, compliance, and the interpretation of changing tax rules.
Deal advisoryAdvisory services
Deal advisory services cover the transaction lifecycle, including strategy, due diligence, valuation-related analysis, operational effectiveness, finance-process support, integration, separation, and post-deal transformation. KPMG also provides M&A tax advice and assistance to companies preparing for capital-markets transactions.
Technology and business transformationAdvisory services
KPMG advises organizations on technology modernization, finance transformation, risk management, data, artificial intelligence, cybersecurity, and operating-model redesign. The work combines consulting with implementation and governance support intended to improve resilience, efficiency, compliance, and decision-making.
Marketing enablementCustomer advisory
Marketing enablement helps marketing leaders improve operating models, processes, governance, measurement, marketing technology, and customer-data capabilities. KPMG’s offering is aimed at making campaigns more data-driven, scalable, measurable, and connected to commercial outcomes.
Flagship businesses
- Audit and assurance
- Corporate, international, and transaction tax
- M&A and deal advisory
- Finance and operational transformation
- Risk, cybersecurity, and regulatory advisory
- AI and technology consulting
- Marketing enablement
- IPO and capital-markets readiness
Marketing campaigns
- 2026Golden Globes vote-tabulation sponsorship
United States
KPMG identified itself as the official vote tabulator for the 83rd Annual Golden Globes. The role connects the brand with entertainment, media, confidentiality, and precision.
Outcome. The sponsorship provided a public-facing brand association in the media and entertainment sector.
- 2024KPMG intelligent marketing and marketing enablement
United States
KPMG promoted advisory services designed to help marketing organizations modernize strategy, operations, technology, customer data, and AI-supported personalization. The activity was presented through service content and thought leadership rather than as a single consumer advertising campaign.
Outcome. The offering broadened KPMG’s visibility in customer and marketing consulting and supported its positioning as a technology-enabled transformation adviser.
Brand decisions
- 2025Emphasis on AI-aware transaction advisoryStrategy
KPMG’s 2025 U.S. M&A research identified generative AI, financing conditions, interest rates, inflation, and core-business growth as important influences on deal activity.
What changed. The firm used research, surveys, and advisory content to frame M&A strategy around AI-related opportunity and execution risk.
Aftermath. The publications reinforced KPMG’s role as a source of transaction intelligence and as an adviser across the M&A lifecycle.
Recent events
- 2026KPMG serves as Golden Globes vote tabulator
KPMG stated that it was the official vote tabulator for the 83rd Annual Golden Globes, extending the firm’s visibility through an entertainment-industry role associated with accuracy and confidentiality.
Campaign - 2025KPMG publishes 2025 U.S. M&A Deal Market Study
The study surveyed 300 U.S. dealmakers and examined the effects of generative AI, interest rates, inflation, financing constraints, and core-business growth on acquisition activity.
Other - 2025KPMG reports U.S. M&A and IPO activity in 2025 market updates
KPMG’s U.S. market publications tracked transaction and IPO conditions, including sector activity, capital-markets preparation, and changing regulatory and economic conditions.
Other - 2024KPMG expands marketing enablement and customer advisory capabilities
KPMG promoted marketing operating-model improvement, marketing-platform implementation, customer-data platforms, and AI-enabled marketing as components of its U.S. advisory offering.
Product launchCampaign
Sources
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