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KPMG AUSTRALIA SCANDAL
KPMG Australia was once considering 1,000 job cuts; firm now confirms nearly 400 layoffsIn a turbulent move, KPMG Australia is set to lay off around 400 employees, including high-ranking partners. This decision comes on the hee...- Scandal-hit KPMG Australia to cut nearly 400 jobs, warns of difficult marketKPMG Australia plans to cut about 5% of its workforce, affecting 27 partners and around 360 employees, mainly in consulting and business se...
- KPMG Australia says no decision made on workforce after media report of 1,000 job cutsKPMG Australia denies making job cut decisions following media reports. The firm is reviewing its operating model and cost base for future ...
- KPMG faces big setback in Australia amid allegations of mishandling confidential dataKPMG Australia has stopped bidding for new Victorian government contracts as an investigation into the alleged misuse of confidential clien...
- KPMG Australia fines staff up to $126,000 for 'unacceptable' misconduct in audit scandalKPMG Australia has penalized seven staff members for misusing confidential client information. Financial penalties up to A$180,000 were imp...
- Australia to tighten scrutiny of Big Four Deloitte, EY, PwC, KPMG after wave of scandalsAustralia will enhance its oversight of major accounting firms following recent governance issues. The government has directed the Australi...
- KPMG Australia weighs 1,000 job cuts amid audit scandalKPMG Australia faces significant job cuts and partner pay reductions. This action follows fallout from a recent audit leak scandal. The com...
- New pope has a Kerala headache as schism widens at Syro Malabar ChurchA crisis unfolds within Kerala's Syro-Malabar Church. Disputes over liturgical practices spark unrest. Archbishop Joseph Pamplany faces opp...
- Lesson from Satyam: Corporate governance evolves, not executionSeven years since the mega-fraud broke out; Satyam is a cautionary tale to companies, auditors and authorities. But has India's regulatory ...
- Business detectives’ industry booms as companies attempt to rein in employee fraud & corruptionA look at clients is most educating — top Indian companies, top MNCs and top public sector companies are looking to hire business detective...
- Top deck leads exodus at KPMG forensic audit division, 6 partner-level execs likely to join PwCAccording to industry sources and people within the company, between 75 and 100 staff members are also expected to leave along with the par...
- 2G verdict impact: Of all the tangles, the one involving Russia's Sistema will be the most tricky for IndiaRussia, a key supplier of arms & energy to India, will pull out all stops for Sistema, which lost 21 of its 22 licences.
- Satyam to show select financials to potential suitorsSatyam to disclose only the current assets and liabilities to potential suitors instead of full-fledged financial statements. New owner to ...
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