ASIC wants power to force auditors to redo faulty work
But the corporate regulator still has to determine if it will "name and shame" firms over poor quality audits.
BDO to split UK audit and consulting units
The accountancy firm is developing detailed plans to split its UK audit and non-audit businesses into separate subsidiaries after British MPs called for a break-up of the larger big four firms.
Accenture buys ad agency Droga5, making a bet on creativity
Accenture is trying to add the kind of creative muscle not normally associated with giant consulting firms with its plans to buy Droga5, an independent ad agency.
ACCC ends Labor-backed cartel probe against Deloitte, EY, KPMG, PwC
The competition regulator will not push ahead with its probe into the big four consulting firms – Deloitte, EY, KPMG and PwC – over allegations they operated as a cartel due to insufficient evidence.
Deloitte defends tax practices of partnership model
Deloitte says its partners on average pay more tax than companies and are discouraged from using a tax reduction technique known as the 'Everett assignment'.
Winner takes all in digital shift at professional services firms
Professional services firms that understand how to digitally transform are using it as an opportunity to serve clients better, faster and cheaper and reduce their costs.
KPMG offers service to combat underpayments
KPMG is launching a service to assist businesses check that employees are being paid correctly amid a concerted targeting of worker exploitation by authorities.
How Deloitte, EY, KPMG and PwC partners minimise their tax bill
For the first time, the ATO has revealed the big four consulting firms' income-splitting techniques used by their partners to minimise their tax.
Secrets for expert customer service
Four professionals reveal their secrets for delivering expert customer service.
Former EY partners take on big firms
Large companies are unlikely to be hit with big new tax increases or receive significant tax relief in this year's federal budget, two senior tax advisers say.
PwC partner turns tables at food fundraiser
A group of PwC partners and staff joined executives and chefs in helping to raise funds at the annual OzHarvest CookOff.
PwC fears payments issue will go global
The leadership at PwC Australia is under pressure to resolve a conflict-of-interest controversy over retirement payments, amid fears the issue will spread overseas.
Deloitte returns fire at EY with three new hires
The big four accounting firms are always the best of enemies. So it shouldn't be surprising Deloitte has hit back at rival EY after one of its junior partners was poached last year. wn.
KKR confirms MYOB bid is 'best and final'
KKR has moved to declare its $2 billion offer for MYOB as its "best and final" to counter the threat posed by New York-based hedge fund Manikay Partners.
What this consultant learned in start-up land
​Ben Barnett remembers the many extra hours he spent on strategy presentations and reports to ensure they were as close as possible to perfect.
Angus Dawson to lead McKinsey
The incoming local head of McKinsey says becoming managing partner is not quite the same as being in charge.
Governance rules not likely to change culture
Governance guidelines are unlikely to be effective in changing boardroom culture because they often read as little more than "benign motherhood statements".
CBA's backdown on $100m R&D; claim 'a positive' for innovation
CBA's decision to abandon a dispute with the tax office over a rejected R&D; rebate worth up to $100 million shows the grant was never designed to be a "widespread tax deduction" simply for using technology.
PwC looks to remove former partners conflict issues
PwC is considering paying a tens of millions into a blind trust to fund the ongoing payments of the more than 10 former partners where the income might cause a potential conflict of interest.
KPMG won't enforce retirement age on Ferrier partners
Professional services giant KPMG will not enforce its legally dubious retirement age of 58 for the 20 new partners that come with its purchase of restructuring and turnaround firm Ferrier Hodgson.
Manikay Partners buying at MYOB, nears blocking stake
The shadow hanging over KKR's proposed $2 billion MYOB takeover just got bigger.
MYOB takeover offer gets expert approval
Accountants Grant Samuel has given its approval to a $2 billion takeover offer from KKR but disgruntled shareholder Manikay Partners is not backing down.
MYOB stock flies as scheme book lands
Takeover target MYOB's release of its scheme booklet has coincided with some meaningful trade on Tuesday.
Done deal: KPMG snaps up Ferrier Hodgson
Professional services giant KPMG has snapped up insolvency firm Ferrier Hodgson after months of haggling and negotiation.
Fintech cyber risk pushes ANZ to consider defences
Sharing customer data with start-ups and laws making directors responsible for breaches have pushed the bank to consider bringing in cyber-security help.
Search pagination
