GgoogleAU first seen 5 h ago, last 2 h ago, peak #1
ANZ drops KPMG as long-time auditor
Original: anz
ANZ has ended its long-running relationship with KPMG, according to The Australian, in what is described as a new blow for the consulting firm. The move comes as KPMG faces a string of setbacks, and the bank is reportedly set to award its audit work to a rival firm. The loss of one of Australia's biggest banks is a significant reputational and revenue hit for KPMG's local practice.
Why now: Fresh reporting that a major Australian bank has dumped KPMG as its auditor amid broader troubles for the consulting firm.
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- New blow for KPMG as long-time client ANZ dumps it · The Australian
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