KPMG is accused of facilitating the Gupta family in tax evasion and corruption. While the firm denies any wrongdoing, it admits to missing several red flags in relation to the familys accounts. At least eight senior KPMG South Africa officials have resigned in the wake of the scandal, including CEO Trevor Hoole. KPMG audited Gupta companies for 15 years, finally terminating the relationship in 2016 amid growing concerns about the familys links to top government officials. In a statement KPMG said: KPMG South Africa regrets that its association with the Guptas and their business entities went on for far too long.In light of the extract provided, assess the type of risks that KPMG will be exposed upon publication of this article and provide recommendations on how they should manage the identified risks. Make use of relevant examples in your response