KPMG is facing scrutiny after being hired to audit Lendlease's books, covering a period of 68 years, leading to a Senate hearing.
7 reports, 5 independent
Updated Aug 10
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New informationRepeats or wire copies
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What happened
KPMG is facing scrutiny after being hired to audit Lendlease's books, covering a period of 68 years, leading to a Senate hearing.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- KPMG faced privacy breaches in Australia, leading the Human Rights Law Centre to champion a whistleblower incentive scheme.Sub-event
Ebeid, a former SBS boss, was appointed as independent chairman amid the audit leak issues.1 source
- KPMG is facing serious scrutiny after it is revealed that it misused confidential board papers from Lendlease and supported bids for Westpac using sensitive data.Sub-event
KPMG hired to audit Lendlease books for 68 years; Senate hearing underway.1 source
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The entities involved
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KPMG
provider of audit, legal, tax advisory, financial, and business advisory services
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Deborah O'Neill
Australian politician
Nothing else this week.
Related events
- KPMG is accused of professional misconduct, including improper sharing of confidential Optus information, using private documents in bids for Telstra, Westpac, and Dexus, and ending a 70-year audit relationship with Lendlease.
- KPMG is under scrutiny regarding partner misconduct allegations, facing independent investigations and questioning at a parliamentary inquiry.
- KPMG misconduct led to a government review following allegations of regulatory failure.
- ASIC faces scrutiny over procurement contracts awarded to KPMG, amid allegations of illicit data access and regulatory failure.