Tag: PwC

All PwC partners and staff found to have done wrong will be named once an investigation into the tax advice scandal is over, an inquiry has been told. The revelation came as PwC’s acting chief executive Kristin Stubbins said offloading the firm’s government consultancy business and appointing a new CEO showed its commitment to accountability. PwC has been under pressure to ...

A new CEO has been parachuted in to run the embattled consultancy firm PwC Australia, which is offloading its money-making government consultancy business for $1 (US$0.67). Acting CEO Kristin Stubbins has been turfed after seven weeks and will be replaced by the parent’s Singapore-based global clients and industries leader Kevin Burrowes. PwC also announced it has entered into an exclusivity agreement ...

The government of the Australian state of New South Wales (NSW) has placed a temporary ban on scandal-plaguing consultancy firm PricewaterhouseCoopers (PwC) as it seeks to improve the quality of consultant services provided by third parties. On June 15, the NSW government announced that it would suspend PwC from getting new government contracts concerning taxation policies for three months in ...

One of the world’s largest financial consulting firms, PricewaterhouseCoopers (PwC), has been referred to Australia’s Anti-Corruption Commission (NACC) after a government inquiry revealed the company allegedly planned to cheat the Australian government out of tax revenue from the firm. Greens Senator Barbara Pocock, who initiated the senate inquiry, announced she will be referring the company to the NACC over the ...