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

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. According to the Financial Times, the Army's shift to a new auditor comes as pressure intensifies on Hegseth to gain control of the DoW's financ...