Premium Insights and analysis Three issues with Senate estimates questions on notice homework Editors' Picks It’s almost time for senators to put their game face on and quiz public servants about how departments are run and money is spent.
Government not moving on from PwC tax scandal May 5, 2024 By Tom Ravlic Economy & Industry The government is continuing to brand PwC as being responsible for its initiatives to reform professional services regulation.
Senate caravan not moving on from PwC April 29, 2024 By Tom Ravlic Economy & Industry Accounting firm PwC Australia has still a lot of work to do before it can move on from the tax leaks scandal.
Six countries may be involved in PwC tax saga, TPB says April 23, 2024 By Tom Ravlic Economy & Industry The Tax Practitioners Board confirms it has evidence suggesting more than 22 individuals in six countries may have had some involvement in the PwC tax leak saga.
Premium Insights and analysis Is it time for an audit regulator in Australia? April 3, 2024 By Tom Ravlic Economy & Industry PwC Australia falling foul of American regulators’ rules on reporting adverse events begs the question of whether Australia needs similar regulations.
Premium Insights and analysis Three senators and their government-procurement conundrums February 28, 2024 By Tom Ravlic Editors' Picks Accountants and most consultants are very simple folks, as there are only two things of consequence that matter in their professional lives.
Is it just PwC’s Dirty Six? Highly unlikely, TPB says February 15, 2024 By Tom Ravlic Economy & Industry The TPB reveals that more than a “dirty six” were involved in sharing of confidential information about multinational tax avoidance.
PwC investigation expands but a faceless ‘dirty six’ remains February 11, 2024 By Tom Ravlic Federal The TPB has nine active inquiries arising from the confidentiality breach that saw accounting firm PwC and Peter Collins penalised.
Conflicts of interest need active management, Colbeck says February 8, 2024 By Tom Ravlic Economy & Industry Senator Richard Colbeck says conflicts of interest must be overseen by people committed to ensuring adherence to policies and procedures.
PwC submits homework before Christmas February 5, 2024 By Tom Ravlic Economy & Industry News of the firm’s Christmas dash has come as parliamentarians at a federal and state level begin to gear up for committee hearings.
An honest debate about tax reform in Australia February 1, 2024 By Dan Holmes Economy & Industry A National Press Club debate about tax with Allegra Spender and Richard Dennis that went beyond three-word slogans.
Premium Insights and analysis A year after the PwC scandal broke, what have we learned? January 22, 2024 By Tom Ravlic Economy & Industry The only way to deal with poor corporate behaviour is to ensure adequate checks and balances, with sufficient penalties as a deterrent.
Former ASIC chief accountant ‘very surprised’ when TPB raised PwC alarm January 8, 2024 By Tom Ravlic Economy & Industry PwC partner Jan McCahey told a senate committee the TPB’s findings against PwC and former partner Peter Collins were inconsistent with her experience within the firm.
The Big Four’s revelations in senate estimates December 18, 2023 By Tom Ravlic Culture Richard Colbeck pissed off with the ATO. PwC scolded for its ‘crap’ internal processes. It was a big year for consultancy accountability.
Premium Insights and analysis Loose lips sank a ship: Regulation for tax professionals’ confidentiality December 12, 2023 By Tom Ravlic Economy & Industry It ought to be bewildering to any tax professional that somebody in Canberra has agreed it is necessary to further define confidentiality.
