PROFESSION • By Malavika Santhebennur
From a review of over 550 misconduct complaints to NDA reassurances, here are the main revelations from ASIC’s hearing into KPMG and the other three big accounting firms.
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Commissioner Rob Heferen has said the Tax Office will continue to take firmer action on tax debts, with its debt book figure for the end of June expected to exceed the $115 billion figure from the previous year.
TAX • By Miranda Brownlee
Read MoreA superannuation body has argued that recent scandals at large accounting firms show regulatory oversight is weak at the firm level.
PROFESSION • By Malavika Santhebennur
Read MoreThe Australian Institute of Company Directors has said it supports reforms to improve the governance and accountability of audit firms but rejects the idea that audit quality in Australia is experiencing "systemic decline".
PROFESSION • By Miranda Brownlee
Read MoreWhile the professional body has welcomed the government’s guidance on climate‑related transition planning, it has called for more targeted resources for investors and further policy development to enable corporate action on the transition.
PROFESSION • By Carlos Tse
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