By David Hollingworth
Cyber extortion group claims EY US hackInfamous cyber extortion group ShinyHunters has given the professional services giant until the end of the month to pay up or face a data leak.
Tags: News, Cyber Daily, cyber security, AI, claim, EY
PROFESSION • Carlos Tse
The Supreme Court of ACT has dismissed a massage parlour owner’s proceedings against a solicitor, administrators, and an insolvency practitioner who assisted him with putting his debt-ridden business under voluntary administration.
Tags: News, ato, tax, ACT Supreme Court, fte, 179, 523, debts, voluntary administration
PROFESSION • Matthew Taylor
The corporate regulator has pursued administrative action against 36 approved SMSF auditors between January and June this year, increasing the total actions against SMSF auditors to 64 for FY26.
PROFESSION • Miranda Brownlee
KPMG’s chief executive has apologised for the firm’s “serious breach of trust” after an Allens investigation confirmed allegations that client information was inappropriately retained in a locker by former chief operating officer Eileen Hoggett.
Tags: News, ato, KPMG, allegations, whistleblower
PROFESSION • Jerome Doraisamy
Here, an award-winning corporate accountant reflects on best practice for finance teams in FY27 and beyond, and what such practitioners can learn from his experience in, and observations of, the healthcare sector.
PROFESSION • Carlos Tse
In line with the Commonwealth of Australia’s independent review into KPMG, the big four firm has agreed not to bid for new work with the Victorian government and to withdraw from most of its current tender processes.
Tags: News, government, KPMG, 352, contract, 177, government contracts, 605, 610, victorian government
PROFESSION • Matthew Taylor
Minister for Financial Services Daniel Mulino has said the review of whistleblower legislation will aim to simplify arrangements for whistleblowers and address gaps in legal protections.
Tags: News, government, legislation, financial services, AI, KPMG, treasury, whistleblower, company, complexity
PROFESSION • Matthew Taylor
Business management consultancy KordaMentha has established a specialist tax controversy and disputes team to enhance its independent advisory capabilities and assist businesses navigating complex ATO reviews, investigations, and litigation.
Tags: News, ato, tax, appointments, litigation, advisory, dispute, investigation, consultation
PROFESSION • Miranda Brownlee
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.
Tags: war, ASIC, audit, misconduct, company
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.
Tags: News, AI, KPMG, whistleblower, audit
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”.
Tags: News, appointments, moore global