Heads are rolling at KPMG, one of the Big Four accounting firms. Their guillotining is unlikely to fix the underlying culture of ethical misconduct.

Two high-profile officials from accounting behemoth KPMG announced their departure last Friday. The reason? The mishandling of whistleblower allegations regarding client documents related to high-profile audits being inappropriately shared internally.

Initially, a KPMG internal investigation — and then a later one conducted by an external legal firm — failed to substantiate the whistleblower’s claims. But after the whistleblower complained to several board members, another external firm, Allens, was brought on. Its ongoing investigation has challenged the initial findings and revealed an additional incident where client documents were inappropriately shared internally.

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