KPMG, PwC, Deloitte, EY: Australia’s biggest accounting firms keep making headlines for the wrong reasons (opens original article in a new tab)

Australia's Big Four accounting firms, including KPMG and PwC, are losing government contracts and facing financial and reputational damage due to scandals involving data leaks and misconduct, prompting calls for regulatory reforms.

• Big Four accounting firms in Australia face reduced government contracts after scandals
• KPMG's audit-leak scandal led to loss of federal contracts and potential financial impact
• Government agencies are reconsidering partnerships with Big Four firms due to misconduct concerns
• Parliamentary inquiries recommend regulatory changes but no major reforms have been implemented
• PwC previously lost government contracts and sold its advisory business after a tax policy leak