Jun 5, 2026 – 8.00pmWhen KPMG’s predecessor firm signed off on its first Lendlease audit in 1959, television was black and white, pubs closed at 6pm and Robert Menzies was in the 10th year of his second stint as prime minister.In fact, the global firm known today as KPMG would not be formed for another 28 years, barely the halfway point of an extraordinary 68-year relationship that has generated an estimated quarter of a billion dollars in lifetime fees.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Edmund TadrosProfessional services editorEdmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom.Fetching latest articles
KPMG’s audit scandal could be worse than PwC’s tax leaks. Here’s why
The firm is accused of using a legacy client’s private board papers as insider leverage to win lucrative new jobs, destroying the core trust professionals trade on.














