In-depth analysis and insight on Malaysia and Southeast Asia.
KPMG Australia's chairman Martin Sheppard and two audit partners have resigned following allegations the firm improperly used confidential information to secure audit contracts, marking the latest leadership casualty in an ongoing misconduct scandal.
KPMG Australia is undergoing a major leadership restructuring with the chair and multiple partners departing. The overhaul follows serious whistleblower allegations that the firm improperly used confidential client data to win business.
Australia's Department of Finance has imposed a suspension on KPMG Australia, barring the Big Four accounting firm from bidding for new federal government work until September 30 following serious whistleblower allegations.