KMPG Australia Fines Staff Up to $126,000 for 'Unacceptable' Misconduct in Audit Scandal The recent fines imposed on KPMG Australia staff for their role in the audit scandal have shed a disturbing light on the accounting giant's internal culture.
Financial penalties of up to A$180,000 are substantial but barely scratch the surface of the damage done by these individuals who abused their access to confidential client information.
The incident has been ongoing since March, with whistleblower accusations surfacing against KPMG staff using inside information to win lucrative audit contracts.