KPMG ‘disappointed’ by Macquarie’s decision to drop firm
KPMG Australia said it was disappointed by Macquarie Group Ltd.’s decision to abandon plans to appoint it as auditor, as a deepening fallout engulfs the scandal-hit audit and consulting firm. Processing Content That comes as Macquarie outlined plans earlier Wednesday to retain PricewaterhouseCoopers as its auditor, a move that adds to the challenges facing KPMG. …