Accounting

A former owner of the Ubertas property development group is suing Deloitte Private and Pitcher Partners, alleging they gave her negligent advice that led to an audit and a $12 million tax bill.

Partners from Allens and Ashurst and senior executives at Lendlease are among those appearing at next week's parliamentary committee inquiry into KPMG's misuse of client data.

Partners from Allens and Ashurst and senior executives at Lendlease are among those appearing at next week's parliamentary committee inquiry into KPMG's misuse of client data.

ASIC has told a senate estimates committee that it is now formally investigating KPMG in the wake of allegations the firm misused client data. 

A senator has slammed companies for abusing legal professional privilege, after hearing that KPMG has refused to hand over documents in an ASIC investigation into misuse of client information by KPMG auditors.

Auditor BDO has asked the court to stay ASX-listed software company Dubber’s negligence suit over $26.6 million in alleged missing funds while a parallel case by ASIC over alleged false and misleading financial reports is on foot.

KPMG CEO Andrew Yates has stepped down over his handling of a senior executive's reports of misuse of confidential client information, as the firm hires Big Six firm Allens to investigate the whistleblower's claims.

A judge has approved amendments to a shareholder class action against iSignthis and auditor Grant Thornton, over the opposition of the fintech firm, which argued the changes would amount to an abuse of process.

A former KPMG executive has accused the firm of misappropriating confidential Lendlease board papers to pursue audit tenders with Westpac and Dexus, while also engaging in adverse action against a whistleblower. 

A solar company's claims against 12 Mazars' partners have been dismissed from a $9.3 million embezzlement lawsuit, after a judge found the allegations had no prospects of success.