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Accountancy

October 2024

  • Microsoft Excel on a screen

    Microsoft Excel’s bloopers reel: nearly 40 years of spreadsheet errors

    As the software used by millions around the world nears its 40th birthday, here are some of the low points

September 2024

  • People walk by the audit firm

    China gives PwC record £47m fine and six-month ban over Evergrande

  • People walk past a sign on a window on the exterior of the PWC London offices

    PwC to start tracking working locations of all UK employees

August 2024

  • A montage of four images related to the Department for Transport, Department of Health and Social Care, Ministry of Defence and Home Office

    ‘Scandalous’ £3.4bn UK state spending on private consultants last year

  • Large office building in the background, Chinese flag in the foreground

    PwC expecting six-month China ban over Evergrande audit

  • A sign for PwC outside the company's headquarters in London

    PwC fined £15m for failing to report suspected fraud at City firm

  • PwC Australia CEO Kevin Burrowes

    PwC chief’s $1.2m bonus kept ‘secret for more than a year’, inquiry told

July 2024

  • Close-up pic of her indoors and wearing green jacket

    Rachel Reeves urged to crack down on wealthy tax avoiders

  • UnderCover

    Super-rich being advised how to avoid Labour tax clampdown, undercover investigation suggests

June 2024

  • 240613 Consultancy report four pigs thumbnail

    Will the big consultancies finally pay the price?

    Depends if you believe in fairy tales
  • The big four

    The PwC scandal put the big four in the spotlight – but hyper-corporate capitalism remains untouched

    Ian Gow and Stuart Kells
    Australia should be working with like-minded countries to design and build a new architecture of corporate oversight and integrity
  • PwC logo

    The PwC scandal sparked scrutiny of advisory firms. Is Australia’s consulting sector about to see a reckoning?

    Accountability and regulation are set to be prominent as the federal inquiry releases its final report on Wednesday

May 2024

  • PricewaterhouseCoopers logo in an office.

    ‘Big four’ accountancy firms PwC and EY fined over LC&F audit failures

    Firms fined millions after London Capital & Finance’s 2019 crash wiped out customers’ savings

February 2024

  • KPMG signage on a Melbourne building

    ‘Incredible failure’: KPMG rejects claims it assessed ‘the wrong company’ before $423m payment to Paladin

    Exclusive: Firm’s denial comes after weeks of intense criticism, including accusations that it misled parliament

January 2024

  • A general view of the EY building in Sydney

    EY Oceania accused of potential conflict of interest over government contracts on climate policy

    Exclusive: consultancy firm supported oil and gas industry lobbying while being paid for independent advice on Albanese’s signature climate policy
  • Sergey Kolesnikov speaking at the Business Russia conference in Moscow in February 2019

    Morgan Stanley and Allen & Overy helping oligarch’s efforts to seize Russian oil firm

    Exclusive: Sergey Kolesnikov has supplied building materials to Russian military and for use in occupied Ukraine
  • Thurrock council’s offices in Grays, Essex.

    Watchdog investigates accountant at bankrupt Thurrock council

    Financial Reporting Council looking into compliance of ex-official at council that ran up £500m deficit

December 2023

  • FBI badge.

    Cyprus confidential
    FBI to help Cypriot police investigate sanction-busting for Russian oligarchs

    Agents will explore how lawyers and accountants in Cyprus helped shield assets of Kremlin-linked business people

November 2023

  • Labor senator Deborah O’Neill

    MPs condemn payment of millions to consultants over federally funded grant schemes

  • An EY sign on an office tower in Melbourne, Australia

    EY fired Australian partner accused of promoting tax minimisation scheme, letter published by Senate inquiry reveals

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