Aug 14, 2026 – 6.32pmThe longer KPMG’s audit misconduct scandal drags on, the more the firm resembles a schoolyard rather than a professional organisation tasked with delivering a systemically vital service to financial markets.This was on clear display during Friday’s hearing of a parliamentary committee’s inquiry into the whole mess, which centres on a whistleblower’s allegations that KPMG misused confidential client data and leveraged compromised relationships to win new work.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
KPMG’s ‘naughtiest kids’ turn on their own
Each time the firm tries to move past the scandal, it somehow makes it worse. Friday’s hearing was no exception.
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