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Sir William Barclay Peat CVO (15 February 1852 – 24 January 1936) was an accountant and one of the founders of KPMG . Career. Peat born in Forebank, St Cyrus, Kincardine, Scotland. He was the second son of James Peat and Margaret Barclay (of the banking family that built Barclays, one of England's largest banks). [1] .
The P in KPMG. When a young William Barclay Peat started work, as a clerk for a London accountancy firm in 1870, it's unlikely he was thinking about the legacy he'd leave behind. 150 years later, Peat is the 'P' in KPMG: a global network of firms that employs over 200,000 people. Born on 15 February 1853 in St Cyrus, Kincardine, Scotland, Peat ...
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KPMG offices at FPM41, Lisbon, Portugal. In 1816, Robert Fletcher started working as an accountant and in 1839 the firm he worked for changed its name to Robert Fletcher & Co. [9] William Barclay Peat joined the firm in 1870 at 17 and became head of the firm in 1891, renamed William Barclay Peat & Co. by then. [10]
William Barclay Peat. William Barclay Peat (the P in KPMG) started his career in accountancy at just 17, working for Robert Fletcher & Co. He quickly rose through the ranks, and in 1891, Peat assumed leadership of the firm, and renamed it William Barclay Peat & Co. James Marwick.
The firm's long history of working with the Royal Family begins. Our founder William Barclay Peat, was appointed as auditor of the Privy Purse by King Edward VII. The firm's partners have now served five monarchs.
Scottish-born Sir William Barclay Peat was the second son of James Peat and Margaret Barclay (of the banking family that built Barclays Bank, one of England’s largest). Born of privilege, Peat stud-ied law at the prestigious Montrose.
In 1891, he succeeded in doing so and he renamed the firm to William Barclay Peat & Company. With this, he started his legacy in accounting. Some years later, an accounting office from America wanted to cooperate with William Peat. Therefore, William Peat grabbed this opportunity to expand the business scope.
