Lendlease seeks new auditor as KPMG Australia faces regulatory probe
The property firm is targeting a transition through FY27 to enable the new firm to audit from fiscal 2028
PROPERTY firm Lendlease said on Monday (Jun 15) that its board had decided to change its auditor as Australia’s corporate regulator investigates three KPMG Australia partners linked to whistleblower allegations.
The whistleblower has alleged misconduct at the ‘big four’ giant and that confidential board papers from Lendlease were used to support bids for major audit tenders for Westpac and Dexus.
Lendlease seeks an “orderly handover” after picking a new auditor, targeting a transition through FY27 to enable the new firm to audit from the fiscal 2028.
KPMG is Lendlease’s auditor, as per its financial statements. REUTERS
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