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What Arthur Andersen's Training Model Can Teach the Big Four About AI
As AI takes over more routine audit work, William Englehaupt argues that firms must rethink not only how auditors are trained, but their entire staffing…
Sep 14
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William Englehaupt
4
KPMG asked for the AI dividend. Now its clients want one too
KPMG cited AI efficiency to push for a cheaper audit. Its 14% fee cut is now a talking point for Big Four clients — and a pricing problem.
Sep 11
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Claudine Cassar
1
ASIC forced Australia’s Big Four to hand over audit-misconduct complaints. There were 551.
ASIC told Parliament it had widened its work on the KPMG scandal — including an investigation into the firm’s transparency reporting and a review of…
Sep 7
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Claudine Cassar
2
2
The full KPMG Australia scandal timeline
A complete chronology of the KPMG Australia audit scandal, from whistleblower allegations and client confidentiality breaches to resignations…
Sep 5
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Claudine Cassar
5
4
First KPMG was sued for raising the alarm. Now it is being sued for raising it too late. And in another case, for not being loud enough
KPMG raised the alarm at Serba Dinamik. The litigation that followed asks whether it did so too soon, too late — or not loudly enough.
Sep 4
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Claudine Cassar
2
2
The Big Four helped build the climate-reporting market. Can they independently audit it?
A 16-state challenge asks whether the Big Four can remain independent while supporting climate reporting — and selling services around it.
Aug 31
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Claudine Cassar
1
The Structural Capture of Corporate Conscience
Risk expert Astrid Yee-Sobraques argues that challenge functions fail when revenue takes priority — and need real authority to constrain high-risk…
Aug 28
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Astrid Yee-Sobraques
3
Macquarie drops KPMG as future auditor, citing capacity and culture concerns
Macquarie will retain PwC after concluding that departures from KPMG’s proposed audit team and concerns about the firm’s culture have undermined its…
Aug 26
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Claudine Cassar
Who will pay for KPMG Australia’s misconduct? Project Vector cuts & fallout
Project Vector is cutting 27 partners and around 360 employees. But the deeper question is how a partnership distributes the cost of misconduct, failed…
Aug 24
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Claudine Cassar
3
KPMG to stop FairCall for audit clients as whistleblower scandal clouds hotline business
KPMG says new fraud auditing rules create an independence conflict, but the move comes after its own whistleblower failures prompted questions about…
Aug 23
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Claudine Cassar
Breaking up the Big Four is now on Australia’s reform agenda
The Australia Institute has backed structural separation of audit and non-audit businesses as Treasury considers 17 reform options that could reshape…
Aug 19
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Claudine Cassar
2
KPMG and EY win up to £456m in UK civil service training contracts as government moves skills in-house
The Cabinet Office has directly awarded KPMG and EY contracts with a combined maximum value of £456 million including VAT to provide civil service…
Aug 18
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Claudine Cassar
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