What does KPMG stand for with golfing?
The branding stands for:
- K for Klynveld, after Piet Klynveld, founder of the accounting firm Klynveld Kraayenhof & Co. in Amsterdam in 1917.
- P for Peat, after William Barclay Peat, founder of the accounting firm William Barclay Peat & Co. in London in 1870.
- M for Marwick, after James Marwick, co-founder of the accounting firm Marwick, Mitchell & Co. in New York City in 1897.
- G for Goerdeler, after Reinhard Goerdeler, chairman of the German accounting firm Deutsche Treuhand-Gesellschaft (DTG) and, later, chairman of KPMG.
KPMG is one of the largest professional services companies in the world and one of the Big Four international accounting outfits.
KPMG is a proud sponsor of golf stars Phil Mickelson and Stacy Lewis. Mickelson signed a 3-year contract with the company, and will appear at an agreed-upon number of KPMG-sponsored marketing events, client meetings and local office events, as well as advertising opportunities.
In the news, KPMG Golf Business Forum is going to be held in Abu Dhabi next year, expecting to bring more than 250 developers, investors and professionals from the global golf business industry.