BusinessQuiet 79d · day 80
Macquarie drops KPMG from Australia's largest audit contract
KPMG loses its biggest audit client after admitting to "past failings," raising prospect of further job cuts.
What to know
- Macquarie Group has dropped KPMG from what is described as Australia's biggest audit contract.
- KPMG attributed the loss to its own "past failings."
- The move is expected to lead to another round of job cuts at KPMG.
KPMG Accounting and audit firmMacquarie Group Client / Australian financial services giant
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