Losing the trust of government clients was bad for PwC. But doing the same with the far more lucrative private sector? That’s far worse for KPMG.

Yates is not the only resignation after the firm’s repeated failure to deal with wide-ranging allegations of client data misuse.

The consulting group has lost its top two executives after confirming another case where confidential customer information was allegedly shared for financial gain.

The firm’s managing partner of audit and assurance, Mr Julian McPherson, also stepped down. Read more at straitstimes.com. Read more at straitstimes.com.

Consulting firm KPMG has been rocked by two senior resignations in the wake of a scandal over how it handed a whistleblower’s complaints.

KPMG Australia chief executive Andrew Yates has stepped down amid a scandal involving audit partners accessing confidential client documents.

Yates says ‘we have let ourselves down’ when dealing with allegations of client information being misused

A scandal in the firm’s audit division, described as “bastion of righteousness”, is bad enough. But the mishandling of the mess has cost its CEO dearly.

From a quiet Senate chamber to a corporate execution: how a whistleblower’s claims about stolen Lendlease papers ended the career of Andrew Yates.

Losing the trust of government clients was bad for PwC. But doing the same with the far more lucrative private sector? That’s far worse for KPMG.

The imbroglio enveloping the consultancy giant reached a new gear with the resignation of its CEO on Friday. But the saga hasn’t stopped the firm dishing out tips.

The whistleblower scandal at KPMG hit a new gear with the resignation of its CEO on Friday. But the saga hasn’t stopped the firm offering some advice.

The professional services network’s ability to audit its own behaviour has come up woefully short.

The bigger question the misconduct raises is about the probity of the auditing of company accounts that plays a crucial role in maintaining investor confidence and market…

Eileen Hoggett may have been promoted out of the audit division, but that doesn’t mean she’s free from the stink currently engulfing it.