Macquarie will drop KPMG as auditor after scandal
Macquarie Group will drop KPMG as auditor. Senior staff misused confidential client documents to win new business contracts.
Why it mattersFor businesses considering hiring KPMG, this matters. It shows the real cost of failing to protect client information. It also shows what happens when complaints aren't handled properly.
AustraliaKPMG is a major adviser to Australian businesses. The scandal and client losses raise questions about whether Australia's largest consulting firms can protect confidential information.
✓ Claims checked against the source and corrected before publish. checked 2 h ago
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