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Chartered Accountants drops investigation into ex-PwC tax partner
Tax 2025-01-07 4:14 pm By Cindy Cameronne

Accounting disciplinary body Chartered Accountants ANZ has dropped its investigation into former PwC tax partner Wayne Plummer, who was linked to the firm’s tax leaks scandal in 2023. 

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Lead auditor for collapsed Greensill suspended for multiple failures
Financial Services 2024-12-16 11:13 pm By Cindy Cameronne

The lead auditor for the collapsed Greensill group, which was wound up in 2021 with claims over $1.7 billion, has been suspended until June 2026 for failing to adequately carry out his duties. 

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Clients of Sydney fraudster Melissa Caddick settle class action
Settlement 2024-12-06 3:37 pm By Cindy Cameronne

A class action brought by former clients of Melissa Caddick, who were defrauded out of $23 million, have settled their claims against a group of SMSF auditors.

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Former PwC partner settles defamation claim over tax leaks statements
Defamation 2024-11-12 11:29 pm By Cindy Cameronne

A former PricewaterhouseCoopers partner has settled his defamation claim against the firm over public statements that allegedly falsely linked him to its tax leaks scandal in 2023.

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Partner numbers at consulting firms should be capped in wake of PwC scandal: report
Policy and Regulation 2024-11-07 11:50 pm By Christine Caulfield

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.

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Xero paid engineer less than male colleagues for taking parental leave: suit
Employment 2024-10-30 11:57 pm By Christine Caulfield

Accounting software company Xero allegedly told a female engineer her salary was lower than male colleagues because her skillset had diminished on parental leave.

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KPMG, Phoslock hit with shareholder class action
Class Actions 2024-10-14 11:06 pm By Christine Caulfield

Water treatment company Phoslock and auditor KPMG face a shareholder class action, but not by the law firm that secured documents for a potential case.

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Ex-EY partner accused of taking $700K in secret commissions won’t ‘show hand’
Tax 2024-10-04 3:30 pm By Cindy Cameronne

A former EY partner accused of pocketing $700,000 in secret commissions as part of a tax loss scheme has invoked privilege against exposure to penalty in a client’s suit.

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Liquidators settle with Grant Thornton, Moore Stephens over Linchpin audits
Accounting 2024-09-30 11:40 pm By Christine Caulfield

Linchpin Capital liquidators have resolved their case against Grant Thornton and Moore Stephens, a year after a court found the evidence on its face established a claim against the auditors.

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Phoslock, KPMG to turn over info for possible shareholder class action
Class Actions 2024-09-23 11:51 pm By Cat Fredenburgh

Water treatment company Phoslock and auditor KPMG and have agreed to produce documents for a possible shareholder class action, but a privilege fight may still be on the cards.

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