Latest KPMG News & Updates

See the latest news and media coverage for KPMG. We track all announcements, press releases, and industry mentions in real time, all in one place.

KPMG

Global professional services network

kpmg.com

Headquarters: Worldwide, Canada
Company type: Partnership
Number of employees: 200,000+

Last updated Today

Latest news about KPMG

In short: KPMG Australia faced a severe crisis following allegations of confidential data misuse, leading to executive resignations and government bans.

Company announcements

June 9 KPMG

KPMG expands partnership with Microsoft to scale AI agents globally

The deal includes deploying Microsoft 365 Copilot across 276,000 professionals and using Agent 365 for governance.

May 27 KPMG

KPMG outlines new IFRS 20 for rate-regulated companies

The standard requires recognition of regulatory assets and liabilities to align income with allowed compensation, effective from 2029.

May 25 KPMG

KPMG reports on FCA's final guidance on fund tokenisation

The FCA's PS26/7 provides rules for tokenised fund registers and direct dealing, effective from April 30, 2026.

May 8 KPMG

KPMG reports OECD releases GMT Toolkit and FAQ

The Toolkit aids tax administrations and businesses with implementation insights. The FAQ updates cover GMT rules and Side-by-Side Package.

Media coverage

Today Australian Financial Review

Three KPMG partners sanctioned over $32m Westpac audit pitch

KPMG has warned and fined three senior partners, including Westpac lead audit partner Kim Lawry and former chief operating officer Eileen Hoggett, after they viewed...

Yesterday Australian Financial Review

Did KPMG learn nothing from the PwC tax leaks scandal?

Professional services editor Edmund Tadros on the KPMG allegations and why they might be more damaging than the PwC scandal three years ago.

Yesterday Herald Sun

Government weighs crackdown on consulting giants amid deepening KPMG scandal

The Albanese government is weighing its response to a growing scandal surrounding KPMG Australia and the regulatory treatment of professional partnership structures.

Yesterday The Australian

KPMG risks contempt of parliament charges for refusing to release secret files

KPMG Australia and its legal advisers have defied parliament, prompting Senate officials to warn it and its representatives ...

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