KPMG Ends U.S. Gov't Audit Business After Losing Army Contract

KPMG, one of the Big Four accounting firms, is winding down its federal government audit business after losing a $64 million-a-year U.S. Army audit contract, a major setback as the Department of War under Defense Secretary Pete Hegseth moves to bring in another accounting firm.

Opens the original publisher in a new tab. Full articles belong to their publishers; a subscription may be required.