Classification errors see big four firms classed as SMEs
The use of multiple ABNs by large consultancies is leading to their mis-classification as SMEs in government contracts, a parliamentary committee has heard.
PwC, EY classed as SMEs in government tender data
The tracking of federal government tender data is so poor that big four accounting firms EY and PwC have been inadvertently classified as small and medium-sized enterprises.
Government struggles to define consultancy
When is a consultant not a consultant? The Department of Finance can't quite seem to decide its initial submission into an inquiry into use of consultants by the federal government.
KPMG’s share of new UK public sector contracts drops sharply
The value of new UK public sector contracts awarded to KPMG has dropped by almost 80 per cent since 2015 amid a series of high-profile scandals involving the big four accounting and consulting firm.
Expect an 'earthquake' every three years
Large companies will need to restructure every three years to become faster, flatter organisations, says McKinsey global chief Dominic Barton.
Accounting and consulting: most popular stories 2017
The most popular stories of the accounting and consulting section in 2017 were about the Top 100 accounting firms, CPA Australia and what it is really like to work at the big professional firms.
Consultants off Canberra's gravy train
An inquiry into the use of consultants by the federal government has set off alarm bells across an industry that has won management consulting-style contracts worth $39.4b from Canberra over the past five years.
New CPA president unveils own inflated pay
Wilson will make off with 78.5 per cent more than the benchmarked median paid chairmen of Australian companies of equivalent size (by annual revenue). What a sacrifice!
Big Un cash secret revealed
Big Un Limited, the high flying online video firm whose stock gained 1600 per cent in 2017, has admitted its customers are advanced payments by a Sydney finance company.
How a Deloitte consultant deals with depression
If you're a good worker when you're well, your employer will take the rough with the smooth says Deloitte consultant Chris Cass.
'I was too anxious to get out of bed,' says KPMG partner
Paul Howes is speaking out about his own mental health in a bid to help normalise the problem.
Depression brought ex-PwC partner a sense of purpose
After he recovered from a depressive episode, this former PwC partner chose a new career path.
Deloitte now barely an audit firm
The shift of Deloitte Australia away from its accounting roots has reached the point where only 15 per cent of its income now comes from the statutory audits of companies.
EY moves to offshore executive assistants
EY' ​​Alison De Kleuver says her offshore EA is as good or better than having one in the office nextdoor.
Centrelink $600,000 consultancy spend in spotlight
The Department of Human Services has been criticised for entering into contracts worth more than $600,000 with an American consultancy firm to help resolve ongoing problems with Centrelink call centres.
Massive under-reporting of consultant use by government
Federal government departments may be under-reporting their use of consultants by hundreds of millions of dollars a year.
MPs alarmed at government consultancy spending
Labor and Coalition MPs want tighter restrictions on the use of external consultants by federal government departments amid a cost blowout.
ASIC review finds more corporate accounting problems
One out of five listed companies and key businesses were forced to explain their full year financial accounts after additional questioning from the corporate watchdog.
Big four hit back at Medcraft
The big four accounting and consulting firms have hit back at criticism of their auditing services by the corporate regulator Greg Medcraft.
Medcraft slams audit quality of big four
The quality of corporate audits is appalling and getting worse and could lead to an Enron-style corporate collapse, says ASIC chairman Greg Medcraft.
PwC partner at the centre of Vocation scandal to stay on
The PwC partner who is accused of improper auditing at collapsed education provider Vocation will stay on as the chief financial officer of the firm's audit team.
PwC accused of inflating Vocation's revenue before collapse
​PwC is being accused of helping to design an accounting policy that gave a misleading impression of the education provider's financial health.
Consultants win skilled visa reprieve
Professional service firms have won a major concession from the government over visa rules and can now import management consultants for up to four years.
The year Alex Malley came undone
A year ago, the high profile CPA boss Alex Malley seemed unstoppable. Fewer than six months later, Malley would be jobless and CPA's reputation would be in tatters.
The Alex Malley protection racket
Despite having all week (and arguably longer) to prepare, true to form, CPA's board has failed to disclose the two inquisitors' terms of engagement.
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