PwC settles $7.3b fraud case
![PwC has settled a $5,5 billion lawsuit.](/content/dam/images/g/q/j/r/8/8/image.related.afrIndexLead.320x210.gr2v4u.png/1472424111274.jpg)
PwC has settled a lawsuit brought against it over one of the biggest bank collapses in US history.
PwC has settled a lawsuit brought against it over one of the biggest bank collapses in US history.
MYOB has lost 10 per cent of its market value ahead of an expected sell down by private equity owner Bain Capital.
Shares in MYOB have sunk 6 per cent despite the company showing a swing back to the black with an interim net profit of $26 million.
As Bain Capital's $1.4 billion stake is set to be released from escrow, MYOB delivered a result in line with analyst consensus numbers.
The major accounting and advisory firms are admitting younger partners as they seek to beef up digital skills at the top.
There's never been a better time to be a woman in the accounting profession.
There were almost 1600 reasons for university students and recent graduates to look to Deloitte, EY, KPMG and PwC for jobs last year.
Writedowns matter - in both company results and in determining bonuses - they are after all, investments gone bad.
CPA Australia members will be relieved to hear their president, Alex Malley, has waded into the climate change debate.
The major accounting and advisory firms have increased revenue by almost 11 per cent and partner numbers by 8.1 per cent.
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