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Several entitles in the Cottle family group, which owns construction company FDC Construction & Fitout, have won more time to serve a $280 million negligence suit on accounting firms Nexia and PricewaterhouseCoopers over more than two decades of tax and financial advice.
Lender RND Funding wants to revise its case against BDO Advisory and auditor Ernst & Young over advice given to defunct Adelaide company Gen1 Biotechnology, a week out from trial.
Macquarie Group is conducting a review into the appointment of KPMG as its auditor, as the accounting giant reels from a whistleblower's accusations of client data breaches.
KPMG has appointed John Sams as its new CEO, promising the homegrown executive will deliver on an action plan drafted in the wake of the leaks scandal to build a “stronger, more accountable firm”.
KPMG has fined seven partners, some as much as $180,000, for misusing confidential client information in May.
An initial investigation by law firm Allens that cleared KPMG over a whistleblower's allegations of misuse of confidential data has been slammed by parliamentary committee members as lacking independence.
Software company Dubber has failed in a bid to stay its case against BDO Audit pending the outcome of ASIC's action against the auditor, with a judge ordering discovery to proceed before the litigation is put on ice.
The fallout from the KPMG leaks scandal has widened, with the corporate regulator launching a review of audit complaints to the Big 4 accounting firms.
KPMG's newly appointed chairman Mike Ebeid previously accused Labor senator Deborah O'Neill of making "completely false" statements to the senate when she revealed a whistleblower's allegations of misconduct at the firm.
KPMG's national chairman Martin Sheppard is stepping down to make way for an independent chair, and audit partners Eileen Hoggett and Paul Rogers are leaving the firm.