William Barclay Peat Explained

Sir William Barclay Peat (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] Peat studied at Montrose Academy in Scotland, and was then apprenticed to a local solicitor but he did not enter the legal profession.^[2] Instead, he moved to London in 1870 and was hired as a junior accounting clerk for a London firm, becoming a partner in 1876.^[1]

Peat became senior partner of the firm, which was renamed William Barclay Peat & Company, in 1891.^[1] He was knighted in 1912.^{[2] [3]} The senior partner of the firm was selected from the Peat family for some 75 years.^[4]

Peat died in 1936.^[2]

Notes and References

1. Web site: Who were K, P, M and G?. https://web.archive.org/web/20081203043747/http://kpmghu.lcc.ch/dbfetch/52616e646f6d4956c247e50a674f62a32f0d015479d0165a302d8f3a286f0314/who_were_kpmg.pdf. 31 October 2021. 3 December 2008.
2. Carnegie . Garry . Peat, Sir William Barclay . 2004 . 10.1093/ref:odnb/47705 . 14 December 2020. subscription.
3. Web site: Sir William Barclay Peat. KPMG Hungary. https://web.archive.org/web/20080204093529/http://www.kpmg.hu/index.thtml/hu/_ki/strollth/peat_william_barclay/index.html. 31 October 2021. 4 February 2008.
4. Book: White, Roger. Peats to KPMG - Gracious Family to Global Firm. Bradell. 2003.