A partner at big four consulting giant Deloitte has stood down from his role while the corporate watchdog carries out a “confidential” investigation. At a parliamentary hearing, Deloitte revealed that the Australian Securities and Investments Commission (ASIC) was investigating one of its bosses over unknown allegations. Deloitte appeared at aContinue Reading
One of Australia’s most profitable firms has been forced to reveal what it pays its partners and the numbers are honestly eye-watering. Top four accounting firm PricewaterhouseCoopers, better known by its abbreviation PwC, is a business run as a partnership, rather than a proprietary limited company, which means all theContinue Reading
Secret emails at the heart of a scandal engulfing consultancy firm PwC have been read out during a Senate Estimates hearing. Labor Senator Deborah O’Neill on Tuesday read what she described as the “famous last words” of PwC Australia partner Peter Collins — who is alleged to have shared confidentialContinue Reading
The scandal gripping consultancy firm PwC has deepened, with nine of its partners to take immediate leave. One of the “big four” accounting firms in Australia, PwC has been rocked by a tax avoidance scandal since January. A criminal referral was made last week and there are reports that aContinue Reading