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KPMG accessed rival audit bids, contradicting firm’s defence (opens original article in a new tab)

TL;DR

A KPMG partner accessed confidential Lendlease documents evaluating audit bids by rivals, contradicting the firm's previous claims about the data's sensitivity.

  • A KPMG partner accessed confidential Lendlease board papers evaluating audit bids by EY and PwC
  • The documents may have provided KPMG with insights into competitors' strengths and weaknesses
  • KPMG's actions contradict its previous claims about the sensitivity of the data

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