Auditors caught out in SMSF audits March 15, 2024 By Tom Ravlic Economy & Industry The Australian Securities and Investments Commission says 15 auditors of self-managed super funds are wanting in terms of independence rules.
PwC’s ethical soundness assessment to be made public March 15, 2024 By Tom Ravlic Economy & Industry PwC will have an assessment of its ethical soundness published on the Department of Finance website when a review of the company is complete.
PwC sends transcript to London March 13, 2024 By Tom Ravlic PwC Australia has forwarded to PwC International Limited extracts of Hansard regarding the latter’s failure to release the Linklaters report.
Premium Insights and analysis A disclosure regime for government contractors March 12, 2024 By Tom Ravlic Economy & Industry A basic level of disclosure might be fine for SMEs that win government work, but what do you do with larger government contractors?
Tardy tax advisers owe millions March 12, 2024 By Tom Ravlic Economy & Industry The Australian Taxation Office is pursuing tax advisers for high-worth clients as part of a campaign to clean up tardy lodgement practices.
Premium Insights and analysis Policymakers ignore history at their peril March 11, 2024 By Tom Ravlic Economy & Industry History rather than histrionics of outrage and controversy will assist in delivering reasoned policy outcomes.
Top regulators’ war of words on climate-change disclosure reporting March 8, 2024 By Tom Ravlic Economy & Industry An SEC commissioner has attacked his colleagues for issuing 886 pages of regulation in the form of climate-change disclosure reporting rules.
Senators say PwC governance rejig is the bare minimum March 8, 2024 By Tom Ravlic Economy & Industry Committee says PwC’s measures are necessary but there is a lot more the firm can do to win back community confidence.
Premium Insights and analysis Stubbins outlines PwC Australia’s internal tax vs audit war March 8, 2024 By Tom Ravlic Economy & Industry The former PwC CEO did not hide her disdain for the partners who had brought the firm she had worked for over 30 years into disrepute.
Premium Insights and analysis Sustainability assurance standard coming soon, says global auditing chief March 7, 2024 By Tom Ravlic Economy & Industry Tom Seidenstein, chair of the International Auditing and Assurance Standards Board, is in Australia to see what has changed since 2020.
Premium Insights and analysis Would Machiavelli approve of stage three tax tweaks? March 5, 2024 By Tom Ravlic Debate has raged over the revamping of the stage three tax cuts and whether breaking a promise for a better end is moral, immoral or otherwise.
ACIC bumper surplus a highlight in committee report March 4, 2024 By Tom Ravlic Federal Senate hears the Australian Criminal Intelligence Commission was helped to a $10.2 million surplus by its National Police Checking Service.
Premium Insights and analysis Setting informed policy in the auditing standards space March 1, 2024 By Tom Ravlic Economy & Industry The gradual switch to the greater use of technology means auditing techniques and standards need to keep up with the times.
Burrowes has a lot of cleaning up to do, senators say February 29, 2024 By Tom Ravlic Federal PwC has a long way to go to win back community trust regardless of whether it is Kevin Burrowes or somebody else in the top job.
Tax Practitioners Board chief executive has no conflict of interest, de Cure says February 29, 2024 By Tom Ravlic Federal The TPB has defended its chief from accusations of conflicts of interest following reports on the PwC tax leaks investigation.