Thank you, I know quite well how it works, but I’d like you to answer my question and tell me why you agreed to be subcontractors for a two-person company. Of course, you did the work and you may have charged the same amounts, but you knew very well that something was amiss.
Let’s take risk factors, for example. You’re partners, so you know that any consultant who signs a contract with someone else has to fill out risk assessments. In this case, going through a contractor like GC Strategies carried a risk, even for KPMG’s reputation, knowing that it was a two-person company that provided no services. KPMG should have seen that. The partners assigned to the project should have noticed that there was a significant risk in going through a two-person company that provided no services.
It was a reputational risk for KPMG. You’re proving it today.