This fund supports an endowed professorship in the Fisher School of Accounting. KPMG was formed in 1987 with the merger of Peat Marwick International and Klynveld Main Goerdeler and their individual member firms. After completing what was the accounting profession’s first mega-merger, KPMG has taken several innovative steps to transform the professional services industry. It was the first multidisciplinary organization to globally deploy a comprehensive risk-based audit approach, called the Business Measurement Process. It was the first organization to take such an aggressive step in uniting national and local resources, people, ideas, products, technologies and knowledge.