PricewaterhouseCoopers (PwC) Australia is under fire after a former partner leaked confidential government tax plans between 2014 and 2017 which were then used to drum up work with multinational companies hoping to sidestep new rules. Acting Chief Executive Kristin Stubbins told state parliament on Monday there would be "severe" consequences for any wrongdoing as the firm tries to contain a scandal that has led it to sell its government practice, source of one-fifth of this year's revenue, for A$1 ($0.67). Brazil, 2023 - PwC has been drawn into the bankruptcy of Brazilian retailer Americanas which collapsed in January after revealing $4 billion in accounting irregularities.
PricewaterhouseCoopers (PwC) Australia is under fire after a former partner leaked confidential government tax plans between 2014 and 2017 which were then used to drum up work with multinational companies hoping to sidestep new rules.
SYDNEY, June 26 (Reuters) - PricewaterhouseCoopers (PwC)
Australia is under fire after a former partner leaked
confidential government tax plans between 2014 and 2017 which
were then used to drum up work with multinational co.
LONDON (Reuters) - Britain's Financial Reporting Council (FRC) has fined KPMG 4.5 million pounds ($5.7 million) over its audit of aero engine maker Ro.