KPMG Australia chief acknowledges firm’s ‘indefensible’ actions: Trial Balance
At a recent parliamentary hearing on the firm's alleged leaks of client data, KPMG Australia CEO John Sams said the company's problems in the country were not simply the result of "a few bad apples."
At a recent parliamentary hearing on the firm's alleged leaks of client data, KPMG Australia CEO John Sams said the company's problems in the country were not simply the result of "a few bad apples."
BELLINGS Intelligence Score: 12
Why it matters
This is a reputational and regulatory issue specific to KPMG Australia involving alleged misconduct, which is significant for the firm and its clients but does not materially affect credit markets or broader financial conditions.
Sources
CFO.com
KPMG Australia chief acknowledges firm’s ‘indefensible’ actions: Trial Balance
At a recent parliamentary hearing on the firm's alleged leaks of client data, KPMG Australia CEO John Sams said the company's problems in the country were not simply the result of "a few bad apples."