KPMG said it is facing consequences of its “past failings” after Macquarie Group dropped the accounting firm from its audit contract. The change was presented as a response to KPMG’s prior performance issues.
WHO:KPMG; Macquarie Group
WHAT:Macquarie Group dropped KPMG from its audit contract, and KPMG said it is facing consequences of its past failings.
WHEN:Reported Aug 26, 2026 at 4:24 AM ET
WHERE:Location not specified
WHY:Cause not yet established.
Reporting from 1 identified publisher for this event.