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A third law firm is circling Corporate Travel Management and PricewaterhouseCoopers over a share price dive earlier this month.
KPMG has handed ASIC a "substantial body of material" over which it claimed legal professional privilege, as IAG announces it will not invite the embattled accounting firm to tender for its audit.
KPMG dealt with a whistleblower's allegations over the misuse of confidential client data in an "overly legalistic" way, a new report has found, saying the accounting firm "lost sight" of its values and dropped the ball.
Corporate Travel Management and auditor PricewaterhouseCoopers face a second class action investigation after an 85 per cent drop in the travel agency's share price following a year-long trading suspension.
A three-month pause on new government contracts with KPMG following claims of misuse of client auditing data has been push out another month.
The Australian Securities and Investments Commission is reviewing 551 audit-related complaints against KPMG, PwC, Deloitte and EY as part of surveillance triggered by the recent whistleblower scandal.
A BDO director has filed a strike-out bid in ASIC’s case over alleged false and misleading reports for ASX-listed software company Dubber, with the accounting firm flagging its support for the application.
In her first speech as chair of ASIC, Sarah Court has called for regulation of Big 4 accounting firms in the wake of the KPMG whistleblower scandal and warned the collapse of property developer Bathla may be the “first significant crack” in the private credit market.
Macquarie's board will no longer back the appointment of KPMG to replace PricewaterhouseCoopers as the group's auditor, following claims audit partners used confidential client information to win tenders.
EY has claimed a "draconian" provision of the Taxation Administration Act precludes it from handing over the client file of a property developer who has accused a former partner of breaching fiduciary duties.