Imagine being an investor in any of the estimated 20% of ASX 200 companies that have been audited by KPMG — including some for many decades — after the performance of an array of current and former KPMG senior personnel before a Senate committee on Friday.
These are, or were, critical figures in the engine room of Australian capitalism, the watchdogs who provide assurance to investors, regulators and customers that the companies they audit are legit — that they’re not the next HIH or ABC Learning, ready to go belly-up.
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Politics editor
Bernard Keane is Crikey’s politics editor. Before that he was Crikey’s Canberra press gallery correspondent, covering politics, national security and economics. Got a tip? Contact him securely on Signal at @Bernard_Keane.66.
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