KPMG leaders warn staff over PwC tax leaks scandal

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KPMG leaders warn staff over PwC tax leaks scandal
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KPMG CEO Andrew Yates and chairman Alison Kitchen say they could “no longer sit by and watch our profession be tarnished by the unethical actions of a few”. ausbiz auspol

, but had worked to “put it right” in the aftermath of the issues.

“An appointment supporting ... governments and the Public Service is a particular privilege that carries additional responsibilities. By extension, we are serving the Australian people and committing to put the national interest before any other commercial consideration.“When working with government, professional services firms have a duty to operate with the highest level of integrity, confidentiality and trust.

Mr Yates and Ms Kitchen wrote that KPMG had learnt from previous integrity issues, and used the experience as an “opportunity to improve”.“We have acknowledged that as a firm we have not got everything right. And with 10,000 people working on complex and high-profile projects, there may be cases where we fall short of what is expected,” they said.

In the NSW transport entity matter, KPMG was criticised for accepting work relating to the controversial Transport Asset Holding Entity from both NSW Treasury and Transport for NSW. A NSW parliamentary report said the decision to accept work on both sides was ““All these events are critical reminders for us to do the right thing – not just some of the time, but all of the time,” the KPMG leaders wrote.

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