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Profession

Despite its commitments to broader cultural and linguistic representation, the Tax Office continues to fall short on diversity both at a workforce-wide level and among senior leadership.

Jenni Nash has joined Grant Thornton as partner within the firm’s private business tax and advisory team.

Every tax practitioner must treat changes around disqualified entities with great importance and not dismiss them, John Jeffreys has warned.

Research shows that audit professionals are being asked to expand their offerings to prepare for sustainability reporting changes, leading to auditor independence and quality concerns.

PwC Australia has been criticised over its misuse of legal privilege to obscure ATO investigations, a trend the ATO has warned will grow as the lines between legal and consulting services continue to blur.

KPMG’s audit deficiency rate has been made public months after being redacted by the US regulator; ASIC defends its decision to cut its annual audit quality scorecard.

PwC Australia’s new corporate strategy is all about business reinvention; six months after her ousting, former CEO Kristin Stubbins announces her new venture.

Major international accounting bodies and PwC say the accounting profession is uniquely placed to lead sustainability transition planning but not without a major rethink and skills uplift.

The study also found that skills shortages across finance and accounting have once again begun to rise in Australia, putting upward pressure on what firms are willing to pay.

Tax lawyer turned Lendlease, PwC whistleblower Anthony Watson says a proposed TPB disclosure protection bill will not go far enough in protecting tax whistleblowers.

Senator Barbara Pocock has called for reforms to government consulting engagements as the Department of Finance continues to review PwC's government contracts.

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