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KPMG the latest example of accountants being unaccountable (opens original article in a new tab)

TL;DR

KPMG faces scandal over alleged misuse of confidential audit information, joining a pattern of accounting firms evading consequences for unethical behavior.

  • KPMG is accused of using confidential audit information to win business in Australia.
  • Accounting scandals involving the Big Four firms have led to minimal consequences for the firms.
  • Government contracts with KPMG are frozen for three months amid ongoing investigations.

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