PwC chief’s $1.2m bonus kept ‘secret for more than a year’, inquiry told
Kevin Burrowes received additional salary from the firm’s international arm but did not initially reveal it to parliamentary inquiry into company
June 2024
Will the big consultancies finally pay the price?
Depends if you believe in fairy tales
The PwC scandal put the big four in the spotlight – but hyper-corporate capitalism remains untouched
Ian Gow and Stuart Kells
Australia should be working with like-minded countries to design and build a new architecture of corporate oversight and integrity
‘Disregard for truth’: inquiry calls for greater scrutiny of private consultants following PwC tax scandal
The PwC scandal sparked scrutiny of advisory firms. Is Australia’s consulting sector about to see a reckoning?
PwC to face scrutiny over advice to clients that might allegedly ‘mislead or subvert’ foreign investment review board
May 2024
Productivity soars in sectors of global economy most exposed to AI, says report
Employers in UK, one of 15 countries studied, willing to pay 14% wage premium for jobs requiring AI skills
Expert says employers can be found liable for sexual assault outside of work hours as PwC fights case
Accountancy firm argues it is not liable since it had taken ‘all reasonable steps’ to prevent such behaviour
‘Big four’ accountancy firms PwC and EY fined over LC&F audit failures
Firms fined millions after London Capital & Finance’s 2019 crash wiped out customers’ savings
April 2024
‘No dividing line’: consultants advising private water companies also work for their regulator, Ofwat
Campaigners call for the whole regulatory system to be replaced after Observer analysis finds watchdog spent more than £25m with consultancies
March 2024
Senate committee report accuses PwC of trying to cover up tax leaks scandal
New claim follows earlier report by the committee accusing the firm of a ‘calculated’ breach of trust
PwC chairman refuses to share tax leaks scandal investigation with Australian parliament
Firm cites legal professional privilege after request for copy of report but provides more detail about scope of investigation
Liberal senator demands PwC executives ‘bare their necks’ at inquiry into consultancies
Richard Colbeck says PwC International must clarify reports it took control of Australian firm after tax leaks scandal
February 2024
Consultancy firms divided on controversial tax scheme as ATO threatens action
EY and KPMG won’t end practice of partners legally splitting part of income with spouses to reduce their tax burden
‘Deadly serious’: Australian regulators criticise PwC refusal to hand over report into tax leaks
Consultancy’s global executive says report suggests there’s no evidence confidential information was used for commercial gain
Crisis-hit consultancies among firms throwing money at Australian political parties
Disclosures show PwC alone made $369,973 in direct political donations last financial year
January 2024
Manufacturers say UK becoming more competitive as global hub, survey finds
Findings show British bosses growing in confidence over sector’s prospects despite ‘headwinds of sustained economic challenges’
December 2023
Cyprus confidential
Margaret Hodge urges PwC to show it is not using global structure to aid illicit financial flows
Labour MP makes call after branches’ role highlighted in Cyprus Confidential and other investigations
Mental health app that cost Australian taxpayers $33m did not result in ‘clinical outcomes’, study finds
Independent review raises questions on value for money achieved from scrapped Project Synergy app, which is part-owned by PwC and the University of Sydney
Cyprus confidential
FBI to help Cypriot police investigate sanction-busting for Russian oligarchs
Agents will explore how lawyers and accountants in Cyprus helped shield assets of Kremlin-linked business people