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Treasury will consult on whether CPA Australia, CA ANZ, and the IPA are effectively ensuring compliance with their professional standards following concerns raised in the consulting inquiry.
The government will cut another $1 billion in spending on external labour in the upcoming budget and will introduce an outsourcing tax to secure increasingly fickle savings.
Ahead of the release of the Senate consulting inquiry’s final report, Treasury has opened up key issues affecting public confidence in the big four for public consultation.
The Department of Finance has barred PwC Australia from applying for government work until 1 December 2024 while it continues its review of the firm’s public engagements.
Despite its commitments to broader cultural and linguistic representation, the Tax Office continues to fall short on diversity both at a workforce-wide level and among senior leadership.
Jenni Nash has joined Grant Thornton as partner within the firm’s private business tax and advisory team.
Every tax practitioner must treat changes around disqualified entities with great importance and not dismiss them, John Jeffreys has warned.
Research shows that audit professionals are being asked to expand their offerings to prepare for sustainability reporting changes, leading to auditor independence and quality concerns.
PwC Australia has been criticised over its misuse of legal privilege to obscure ATO investigations, a trend the ATO has warned will grow as the lines between legal and consulting services continue to blur.
KPMG’s audit deficiency rate has been made public months after being redacted by the US regulator; ASIC defends its decision to cut its annual audit quality scorecard.
PwC Australia’s new corporate strategy is all about business reinvention; six months after her ousting, former CEO Kristin Stubbins announces her new venture.
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