Premium Insights and analysis Waiting patiently for the wisdom of Colbeck and company Economy & Industry There’s greater likelihood of reported sightings of the Easter Bunny than a reveal of the identities of the PwC ‘dirty six’.
PwC investigation expands but a faceless ‘dirty six’ remains February 11, 2024 By Tom Ravlic Federal The TPB has nine active inquiries arising from the confidentiality breach that saw accounting firm PwC and Peter Collins penalised.
Premium Insights and analysis A year after the PwC scandal broke, what have we learned? January 22, 2024 By Tom Ravlic Economy & Industry The only way to deal with poor corporate behaviour is to ensure adequate checks and balances, with sufficient penalties as a deterrent.
Former ASIC chief accountant ‘very surprised’ when TPB raised PwC alarm January 8, 2024 By Tom Ravlic Economy & Industry PwC partner Jan McCahey told a senate committee the TPB’s findings against PwC and former partner Peter Collins were inconsistent with her experience within the firm.
Scyne Advisory set to open its doors next week November 8, 2023 By Tom Ravlic Economy & Industry Scyne was created in the aftermath of controversy over a breach of a confidentiality by former PwC partner Peter Collins.
ASIC might be unable to act against those named in PwC tax scandal October 23, 2023 By Tom Ravlic Economy & Industry The Australian Securities and Investments Commission says it can only move against individuals whose conduct falls within areas of ASIC regulatory responsibility.
Premium Insights and analysis PwC’s Collins resigned from CAANZ before tax agent termination October 9, 2023 By Tom Ravlic Economy & Industry PwC partner Peter Collins resigned his CAANZ membership before his tax agent registration termination was finalised, it’s been revealed.
PwC adds eight partners to exit list over tax leaks scandal July 4, 2023 By Tom Ravlic Economy & Industry The global consulting firm has identified 12 individuals connected with using confidential information or failing to take appropriate action.
Premium Insights and analysis A dollar for your rorts? What selling PwC’s government consulting arm means June 26, 2023 By Tom Ravlic Economy & Industry The sale of PwC’s government consulting arm to Allegro Funds would ensure PwC can continue under some form and avoid reputational issues.
Former police chiefs’ texts reveal new PwC tax mystery June 22, 2023 By Tom Ravlic Community & Social Greens senator David Shoebridge said the text messages demonstrated the kind of conflicts of interest at the heart of the PwC tax leaks saga.
Premium Insights and analysis Greater oversight needed to ensure accountants act in the public interest June 20, 2023 By Tom Ravlic Economy & Industry Oversight hearings that would see accounting bodies give evidence to parliamentary committees would provide greater insight and transparency.
PwC banned from future NSW tax advice after scandal June 15, 2023 By AAP Economy & Industry NSW treasury secretary Michael Coutts-Trotter has temporarily suspended PwC from obtaining new tax engagements in that state.
TPB rejected PwC partner’s offer to surrender tax registration June 8, 2023 By Tom Ravlic Economy & Industry Defrocked tax expert Peter Collins’ attempts to hand back his registration before facing disciplinary action was rebuffed by Tax Practitioners Board.
Difficult road ahead for disqualified tax agents June 6, 2023 By Tom Ravlic Economy & Industry Bill amendments state a ‘disqualified entity’ cannot be used by a registered agent to do tax work without the TPB approval.
TPB demands names of PwC partners involved in tax scandal June 1, 2023 By Tom Ravlic TPB chair Peter de Cure and CEO Michael O’Neill say inquiries into who was involved in handling confidential information are continuing.