Professional services firms should be limited to 400 partners to improve accountability and transparency, a final parliamentary report into the PwC tax scandal has proposed.
Still feeling aftershocks from last year’s tax leaks scandal, PricewaterhouseCoopers has lost seven partners to the risk and regulatory team of Big Six law firm MinterEllison.
A former PricewaterhouseCoopers senior associate has resolved her suit alleging she was sacked after complaining of bullying by a supervisor on the firm’s diversity team.
A PricewaterhouseCoopers partner has reached a settlement in a case alleging she was involved in a $3.3 million scheme to defraud her husband’s employer.
In a first for a Big Four firm, PwC has made good on its promise to appoint an independent chair to its board and has tasked law firm Webb Henderson and former top judge with tracking its progress on other commitments made in the wake of its tax leaks scandal.
PricewaterhouseCoopers has agreed to pay $8.25 million to settle a class action on behalf of Axsesstoday bondholders over an allegedly misleading bond prospectus, bringing the settlement total to $9.5 million after a group of insurers agreed to pay $1 million to settle the class action’s claims.
A Senate report into the government’s use of consultants, launched in the wake of PwC’s leak of confidential Treasury information, has recommended an inquiry into whether partnerships should be subject to the same regulations as corporations and again called on PwC to release the names of all those involved in the leak of confidential government information.
The Fair Work Commission has found a former PricewaterhouseCoopers director should not have relied solely on a colleague’s text message in deciding to resign while on leave, rejecting her argument that the accounting firm had essentially forced her resignation.
Rugby Australia faces a possible legal fight following its decision to bar the Melbourne Rebels from participating in the 2025 Super rugby Pacific competition, after a private consortium failed to convince the league of the Rebelsā financial viability.Ā
A former PricewaterhouseCoopers partner has brought defamation proceedings over public statements he alleges falsely linked him to the tax leaks scandal that rocked the professional services firm last year.