In KPMG Australia Cheating Scandal, Apparently Cheaters *Do* Win
From Australian Financial Review: Chartered Accountants ANZ has belatedly ruled that only 12 of the 422 members from big four consulting firm KPMG who took part in systemic exam cheating will be put through the professional body’s individual disciplinary process. The body’s disciplinary committee ruled that the “activities undertaken” by 410 KPMG CA ANZ members […]
PwC Poaches Someone From KPMG and Issues a Press Release, Parts X and XI
While the Great Resignation in public accounting hasn’t slowed down much recently, there are still people who are jockeying for a better job in the Big 4 and have left one firm for another. In this case, it’s something we used to write about A LOT back in the day: people bolting KPMG for PwC. […]
Guy Sues KPMG Over Getting Left Out of the Team Group Chat
Greg Eldridge — an eight-year vet of the House of Klynveld — has sued KPMG Australia over what he alleges was a critical level of cold-shouldering from his people, seeking monetary damages for what he says was a failure of the firm to address an unruly colleague who never liked him. An exceptionally boring Deal […]
KPMG Poaches Someone From PwC and Issues a Press Release, Part XVI
It looks like the hot spots for Big 4-on-Big 4 poaching lately are the U.K. and Australia, where KPMG Down Under recently made champagne wishes and caviar dreams come true for one PwC managing director. Australian Financial Review reported: Sally Torgoman, 38, has joined KPMG as a partner in the firm’s infrastructure business. Ms Torgoman was […]
KPMG Australia Audit Partners and Staff Didn’t Get Away with Cheating on Internal Training Exams Either
At the end of the Married With Children episode, “Go For the Old,” Al Bundy says: “It’s only cheating if you get caught.” Well, KPMG got caught. The firm was busted for cheating on internal training exams. Again. Just like in the US. This time the cheating was running rampant in Australia. The PCAOB fined […]
Deloitte Poaches Someone From KPMG and Issues a Press Release, Parts I, II, III, and IV
Damn, Deloitte Australia got quite the haul recently from the Australian House of Klynveld, nabbing four KPMGers—two partners and two directors—who will join Big D’s risk advisory business starting in October. That is some hardcore poaching. Australian Financial Review reported on July 27: Daniel Houseman, 42, is joining Deloitte as a partner from October. Mr Houseman is […]
KPMG Poaches Someone From PwC and Issues a Press Release, Part XIV
Andrew Yates has put together a squad—six men (including Yates) and six women—who will act as his right hand when he takes over as CEO of KPMG Australia on July 1. One of the members of KPMG Australia’s new National Executive Committee is a recent refugee of PwC, according to a press release: External hire, Dorothy […]
KPMG Proves Its Commitment to Women By Firing the Guys Who Expensed Strippers and Gave Interns Alcohol Poisoning
Determined to steal the crown from public accounting’s reigning fuck-ups (that’s EY for those of you out of the loop), a group of former KPMGers are doing their best to bring shame upon their former firm now that news of their “boys’ night out” shenanigans has reached the unwashed masses. And they have the Australian Financial […]
KPMG Poaches Someone From PwC and Issues a Press Release, Part XI
Hey. Hope you are having a good Monday so far. Danielle Malone wasn’t as scared of KPMG coming after her as the dog in the video we posted on Sunday. In fact, she actually left PwC in Australia (the biggest of the Big 4 in terms of revenue) to join the Australian House of Klynveld […]
Promotion Watch ’21: KPMG Australia Admits 33 New Partners
Early January is typically a slow time of year for public accounting news, so in order for us to fill our posting quotas for the week, here are the 20 men and 13 women who became partners at KPMG Australia on Jan. 1: Audit, Assurance, and Risk Consulting Glenn Brooks Audit & Assurance Perth Nicola […]
Layoff Watch ’20: KPMG Australia Slashes a Couple Hundred Jobs
First it was KPMG Canada earlier in the week, now Edmund Tadros of the Australian Financial Review is reporting some grim news regarding job cuts at the Australian House of Klynveld: Professional services firm KPMG will cut 200 roles and slash the pay of equity partners by almost 17 per cent in response to the […]
Ex-KPMG Australia Senior Partner Avoids Prison For Being Too Stabby with a Campaign Volunteer
Even though he was convicted of two counts of common assault in court on July 4, former KPMG Australia partner Stavros “Steven” Economides was given a get-out-of-jail-free card. Economides, 62, who spent more than 30 years as a partner at KPMG, was sentenced to a 12-month good behavior bond after admitting to thrusting a corkscrew […]
KPMG Australia Partner Pleaded Guilty to Stabbing a Dude with a Corkscrew Outside of a School
What’s with accountants stabbing people lately? First, we had the BDO Los Angeles guy who stabbed a hiker with a knife in California late last month. Now we have a KPMG Australia senior partner who used a corkscrew to stab a man putting up election campaign banners near a school. A man who stabbed a Tony […]
Two KPMG U.K. Female Partners Had Enough Of Working At a Firm That Protected An Alleged Bully
Last December we learned that the Big 4 firms across the pond sacked nearly 40 partners (probably all men, although we don’t know for sure) within the past four years for inappropriate conduct, such as sexual harassment and bullying, seven of whom had worked at KPMG. But KPMG evidently sided with a male partner who […]