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James Marwick (1862–1936) was a Scottish American [1] and an original founder of an accounting office that became one of the Big Four accounting firms, KPMG . Career. Marwick was born in Edinburgh, Scotland, in 1862. Marwick's father was Sir James David Marwick, an Orcadian who was Town Clerk of Glasgow from 1873 to 1904.
The company was formed by James Marwick (the M in KPMG) and Roger Mitchell – both Scottish immigrants. It wasn’t easy establishing a firm in the city – many thought there was no place or need for accountants, but the two soon built a strong reputation.
In 1897, Marwick Mitchell & Co. was founded by James Marwick and Roger Mitchell in New York City. In 1899, Ferdinand William LaFrentz founded the American Audit Co. in New York. [10] In 1923, The American Audit Company was renamed FW LaFrentz & Co. [10]
Who is James Marwick? James Marwick was an original founder of an accounting office that became one of the Big Four auditors, KPMG. Marwick's father was Sir James David Marwick, an Orcadian who was Town Clerk of Glasgow from 1873 to 1904.
James Marwick was an important man in the Scottish accounting industry. He was one of the earliest chartered accountants there and he was one of the pioneers in exploring overseas business opportunities in the accounting field.
KPMG got its start in 1897, just a few years after the first American accounting firm had been set up. The company was formed by James Marwick and Roger Mitchell, who had both immigrated to the new world from Scotland. They set up their new partnership, called Marwick, Mitchell & Company, in New York City.
James Marwick (the 'M' in KPMG) starts an accounting firm in Glasgow, qualifying as a Chartered Accountant in 1886. His career took him to New York – via Australia and Canada – where he opened a practice in 1895.
