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Macquarie sticks with PwC as auditor, drops plan to recommend KPMG Australia
2+ week, 5+ day ago (195+ words) Published on 08/26/2026 at 03:22 am EDT - Modified on 08/26/2026 at 04:18 am EDT Aug 26 (Reuters) - Australia's Macquarie Group said on Wednesday it would retain PricewaterhouseCoopers (PwC) as its auditor and will not recommend the appointment of KPMG at its 2027 annual general meeting, citing…...
Bust up the Big Four to end conflicts of interest, think tank says
3+ week, 4+ day ago (213+ words) A leading think tank has told Treasury that the major accounting firms should be regulated like corporations and that their audit and consulting divisions should be split. The Australia Institute has released its submission to Treasury’s options paper on changing…...
KPMG Australia to cut hundreds of jobs after audit scandal
3+ week, 4+ day ago (12+ words) The Times...
Break Up Big Four: Light Touch Regulation Fails
3+ week, 6+ day ago (193+ words) In recent years, a series of scandals have exposed serious ethical and governance failures in the big four consulting and accounting firms. These include PwC's tax leaks scandal in 2023 and KPMG's audit whistleblowing scandal this year. " Conflicts of interest are…...