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accounting scandal

Steady2 stories2 sourcesLast updated: 20h ago

Related TopicsKPMG PwC accounting scandals whistleblower government contracts misuse of information corporate governance Australia

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Business·20h agoAI summary

KPMG at the center of global scandal over alleged misuse of client information

KPMG is embroiled in a global scandal for allegedly using confidential client information obtained during audits to win new business. This follows a similar PwC scandal and highlights a pattern of serious breaches by accounting firms with minimal consequences.

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Evergrande liquidators sue PwC for $8.4 billion in Hong Kong

Business·5/18/2026AI summary

Evergrande liquidators sue PwC for $8.4 billion in Hong Kong

Evergrande's liquidators are suing three PwC entities for $8.4 billion in Hong Kong, alleging the accounting firm's global arm is responsible for audits linked to the developer's scandal. PwC International disputes this, claiming it only coordinated the network and did not perform the audits.