• Home
  • /
  • Posts
  • /
  • News
  • /
  • KPMG chairman Alison Kitchen against ’name and shame’ over audit quality

KPMG chairman Alison Kitchen against ’name and shame’ over audit quality

The chairman of KPMG, Alison Kitchen, remains opposed to breaking out the results of audit quality inspections by individual firms, fearing it would only lead to "point scoring" and get in the way of "shared learnings" across the big four accounting and consulting companies.

’If you don’t fail, you’re probably not trying as hard as you could’

Ms Kitchen also reaffirmed her view that the firms should not be broken up. She said the big multi-disciplinary accounting firms KPMG and rivals Deloitte, EY and PwC remained best-placed to audit large multinational listed firms, and there was no public interest in disclosing the profit and loss details of the firm because it was a private partnership.

Read the full article at the Australian Financial Review.

Share This