PROFESSION • Staff Reporter

Accounting Times is proud to announce numerous AI innovator finalists in the accounting profession at the renowned Australian AI Awards 2026.

PROFESSION • Malavika Santhebennur

Westpac has revealed that former KPMG Australia CEO Andrew Yates told its former director, Peter Nash, that KPMG was investigating a confidential internal matter referencing Westpac’s audit tender.

PROFESSION • Malavika Santhebennur

The Governance Institute of Australia has argued that mandating structural separation of audit and non-audit services at large accounting firms should be a last-resort option.

PROFESSION • Malavika Santhebennur

From a review of over 550 misconduct complaints to NDA reassurances, here are the main revelations from ASIC’s hearing into KPMG and the other three big accounting firms.

PROFESSION • Malavika Santhebennur

A superannuation body has argued that recent scandals at large accounting firms show regulatory oversight is weak at the firm level.

PROFESSION • Carlos Tse

While the professional body has welcomed the government’s guidance on climate‑related transition planning, it has called for more targeted resources for investors and further policy development to enable corporate action on the transition.

PROFESSION • Malavika Santhebennur

The accounting firm has reportedly cut its executive ranks in response to its audit misconduct scandal and a tough consulting market.

PROFESSION • Malavika Santhebennur

ASIC has informed Mineral Resources that it will not take any enforcement action after an investigation into alleged tax evasion.

PROFESSION • Miranda Brownlee & Malavika Santhebennur

The former chief operating officer has initiated legal proceedings in the Supreme Court of NSW against KPMG after being expelled from the firm last month.

PROFESSION • Malavika Santhebennur

Michelle Hinchliffe, Macquarie director and a former KPMG partner, had contact with key KPMG personnel while the accounting firm was bidding for Macquarie’s audit contract, the bank has admitted.