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Treasury threatens to break up big four firms KPMG, EY, Deloitte and PwC as scandals plague the consultancy sector
It’s been a rough couple of years for Australia’s big four consultancy firms if negative news headlines are anything to go by, with a series of scandals rocking the lucrative sector.
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afr.com
KPMG rainmaker exits as Labor flags radical reform to big four firms
The government has unveiled wide-ranging plans to crack down on major accounting firms by giving ASIC the power to police and fine firms for the first time.
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abc.net.au
Accounting firms could be split post KPMG audit scandal
Accounting firms could be asked to split their lucrative consulting services from their audit functions and individual firm partners could face far greater scrutiny and penalties…
