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PROFESSION

By Miranda Brownlee

ASIC issues warning to company auditors as part of misconduct crackdown

The corporate regulator has said it will undertake enforcement action against any auditor who fails to uphold professional and ethical standards in a letter recently issued to all company auditors.

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'Toxic culture': KPMG whistleblower airs major grievances with KPMG audit division

PROFESSION • Miranda Brownlee

The whistleblower who reported the audit misconduct at KPMG has exposed the bullying, poor culture, and working conditions that allegedly existed within KPMG's audit division in a series of emails.

Moore Global promotes COO to CEO

PROFESSION • Carlos Tse

Global accounting and advisory network Moore Global has appointed a new leader to its helm as the network enters its “next phase of growth and international development”.

PJC inquiry urges PM to take urgent action on whistleblower protection issues

PROFESSION • Carlos Tse

The committee undertaking the inquiry into KPMG's audit misconduct has called for the establishment of a whistleblower protection authority, alongside other recommendations.

EY tells clients of third-party data breach

PROFESSION • David Hollingworth

EY US has informed clients that a hacker accessed their financial and tax data over a more than two-week period in early 2026.

KPMG Australia appoints John Sams as CEO

PROFESSION • Miranda Brownlee

The board of KPMG Australia has announced the appointment of John Sams as chief executive officer, effective immediately.

Tags: News, Australia, KPMG

ASIC to focus on audit regulation, economic dynamism, scams

PROFESSION • Carlos Tse

In its latest statement of intent, ASIC has shifted its focus to helping improve audit regulation, promoting economic dynamism, and reducing the impact of scams on financial consumers, and will report its progress in its next annual performance statement.

Submissions open for 10th annual Women in Finance Awards

PROFESSION • Accounting Times

The hunt is on for Australia’s top female financial professionals, with submissions and nominations now open for the Women in Finance Awards 2026.

Tell the story behind the numbers, award-winning accountant says

PROFESSION • Jerome Doraisamy

Moving forward, corporate accounts need to speak not only to the numbers but also to the story surrounding them.

Taxpayer successfully dodges nearly $45k in land tax after appeal win

PROFESSION • Carlos Tse

A taxpayer has won an appeal in the tribunal after claiming that an adjoining lot to his principal place of residence was uninhabitable and therefore met the principal place of residence exemption.

Former ATO assistant commissioner charged with fraud offences

PROFESSION • Miranda Brownlee

Nick Petroulias has been charged with nine fraud offences following an investigation into the sale of properties owned by the Awabakal Local Aboriginal Land Council.

Tags: News, ato, fraud