PwC Financial News

06.11 / 07:35

Provident CEO Action Pool PwC Deloitte Smaller firms slam accounting regime as ‘useless’

Smaller accounting firms say the current regulatory regime is useless and riven by conflicts of interest between the major professional bodies and the larger firms.

06.11 / 07:35

JPMorgan PwC JPMorgan managing director Annabelle Mooney takes her leave

JPMorgan managing director, Annabelle Mooney, has resigned from the Wall Street giant.

06.11 / 04:35

economy PwC Department regulatory approval regulatory Allegro Funds gets final regulatory approval to take over PwC Australia spinoff

By Lewis Jackson

06.11 / 01:25

Provident Platform Enterprise PwC Deloitte innovations Department How to break up the big four consultancies’ dominance of Canberra

The closed shop of government consultancy tenders should be opened up to small and medium enterprises with special arrangements for the defence sector overhauled in a bid to break the stranglehold of the “big four” in the public service, according to a new paper circulated to senior federal ministers and state premiers.

06.11 / 00:27

FIVE PwC Deloitte show information Two thirds of Britons to spend less this Christmas - Accenture

LONDON (Reuters) — Almost two thirds of UK adults are planning to cut back on spending this Christmas, according to research from Accenture (NYSE:ACN), published on Monday, which is significantly more pessimistic than other recent surveys.

02.11 / 14:19

Fox PwC social reports 2024 IRS raises 401(k), IRA contribution limits for 2024

Stock market declines from the beginning of the year have amounted to trillions in losses for retirement accounts, and Americans are feeling the pain.

02.11 / 06:57

FIVE Action Align PwC information reports prevention ATO Senators Senators slam EY deal with ATO as too lenient

Two senators spearheading the heavy scrutiny of the consulting sector have blasted the Tax Office’s deal with EY over a former tax partner’s alleged tax exploitation schemes, saying it was a “paltry censure” that let the firm off the hook.

01.11 / 07:37

PwC Deloitte show reports testing Department prevention committee Eleven Games committee officials were paid $330k a year

The Victorian government spent nearly $11 million on salaries for staff on the organising committee of the Commonwealth Games it axed, including at least $300,000 a year paid to 11 executives.

01.11 / 05:01

Provident Cooper Action PwC reports isolate prevention Former EY partner in tax case ‘took $700k in unauthorised payments’

EY Australia has outed itself as the big four accounting firm that employed a former partner being sued for allegedly promoting tax exploitation schemes and revealed he took more than $700,000 in unauthorised payments related to the allegations.

31.10 / 20:49

Booking CEO Action PwC information reports Pioneer Credit sues PwC for $32m in long-running accounting dispute

Pioneer Credit is suing PwC Australia for almost $32 million in losses and damage, the latest chapter in a long-running dispute between the listed debt collector and its former auditor over the way its financial assets were valued.

31.10 / 01:15

Strategy PwC Deloitte Experts Consultants looking to exit will struggle unless they are ‘top 10pc’

Management consultants will struggle to land new roles until Easter next year, but accounting, tax, audit and cyber experts continue to be sought after by the major consulting firms, according to recruiters.

31.10 / 00:43

Career Racing Fallout PwC Deloitte country information PwC picks Mohamed Kande as global chairman

PwC has picked the head of its international advisory business, Mohamed Kande, to be its next chairman, putting the big four accounting firm in the hands of a consulting partner for the first time.

30.10 / 15:45

PwC Deloitte country reports Financial PwC taps Mohamed Kande as new global chair - Financial Times

Investing.com — Big Four accounting firm PwC has tapped the head of its international advisory business, Mohamed Kande, as its next chair, according to a report in the Financial Times.

29.10 / 19:45

Telegram PwC WhatsApp Deloitte reports Accounting firm apologises for paying trainee below minimum wage

If you can't get agraduate job in an investment bank, it may be tempting to apply for a graduate job at anaccounting firm instead. One recent graduate's experience highlights why this may not be optimal.

27.10 / 01:55

Provident Action Assurant PwC Deloitte information audit PwC scandal-inspired cut to audit work will cost it $10m

The nation’s largest corporate auditor, PwC Australia, will give up $10 million in annual fees by cutting the types of consulting services it provides audit clients.

26.10 / 18:53

Provident Assurant Strategy PwC Deloitte information travelers Strategy firm Bain delays new starters by up to 10 months

Bain’s Australian office has delayed the start dates of its roughly two dozen new joiners until as late as October next year and will not confirm when they commence until “early 2024”, a sign the strategy consulting firm remains uncertain about its future workload.

26.10 / 09:21

UPS FIVE PwC show cover reports Tax Office mixed up documents in PwC penalty case

The Tax Office dropped part of the $1.4 million in penalties that it slapped on PwC last year because it mixed up some of the documents that it claimed were false and misleading, ATO second commissioner Jeremy Hirschhorn has told a Senate committee.

26.10 / 06:11

COST CEO PwC Accenture Deloitte travelers Slash Major consultancies cut staff, slash spending as market slows

Big four consulting firm KPMG has cut another 100 staff after making 200 redundant in February, rival Deloitte has cut dozens, and 78 staff at PwC face an uncertain future after their planned move to spin-off Scyne was scrapped.

26.10 / 00:43

UPS CEO PwC ANZ gossips Fines to quintuple for badly behaved accountants

Members of accounting body Chartered Accountants ANZ have voted to increase the maximum fine payable for bad behaviour by member firms to $250,000 from $50,000 as part of disciplinary reforms to rebuild public confidence in the sector.

25.10 / 03:23

BLOCK Action PwC information gossips reports prevention Tax Office halved $1.4m PwC fine for false privilege claims

The Tax Office’s secret settlement with PwC in March shaved $785,400 off penalties and blocked any further action against the big four firm and its clients for making false claims of legal professional privilege over an estimated 100,000 documents.

24.10 / 21:09

UPS PwC Deloitte gossips reports PwC’s global revenue growth lags big four rivals

PwC’s global revenue growth lagged behind its big four rivals Deloitte and EY in its latest financial year, according to newly published figures.

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