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KPMG seeks financial support from parent group in wake of audit scandal

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City AM
KPMG seeks financial support from parent group in wake of audit scandal
KPMG Australia has asked its parent company for financial support and laid off hundreds of staff after an audit scandal rocked the Big Four firm’s business down under. In its annual results on Monday, the Australian arm of the accounting group said it will cut its workforce by five per cent and partner pay by [...]
24 Aug, 16:40
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