They are one of the big four accounting firms. Government agencies and major corporations trust them to audit their books and ensure everything is above board.

So what happens when one of these auditors is accused of a catastrophic failure of integrity?

KPMG will face this question and many others when it fronts a Senate inquiry this week. The explosive claims emerged after a whistleblower brought allegations the firm misused confidential client data to potentially win business with other companies.

Today, senior business reporter Colin Kruger explains why this scandal extends well beyond the big end of town and might affect anyone with an investment or super fund.

They are one of the big four accounting firms. Government agencies and major corporations trust them to audit their books and ensure everything is above board. So what happens when one of these auditors is accused of a catastrophic failure of integrity? KPMG will face this question and many others when it fronts a Senate inquiry this week. The explosive claims emerged after a whistleblower brought allegations the firm misused confidential client data to potentially win business with other companies. Today, senior business reporter Colin Kruger explains why this scandal extends well beyond the big end of town and might affect anyone with an investment or super fund.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

‘Breaks every rule’: What the KPMG scandal is all about

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/8215ff21-6e3d-4e66-a2cf-b46a006eb07e/transcript