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Latest news: Accountancy and Auditing

Victims of $23m con-woman Caddick claw back more losses

Victims of $23m con-woman Caddick claw back more losses

Auditors of Melissa Caddick's fraudulent accounts will pay hoodwinked investors $3.5 million, but half of this will be snapped up by lawyers and funders.

State at war with watchdog over $11.7b budget blowout

State at war with watchdog over $11.7b budget blowout

State at war with watchdog over $11.7b budget blowout

State at war with watchdog over $11.7b budget blowout

The Victorian government is questioning the integrity of the financial watchdog in a bid to dismiss billions of dollars in updated major project cost figures.

Climate disclosure for companies to support investment

Climate disclosure for companies to support investment

Climate disclosure for companies to support investment

Climate disclosure for companies to support investment

The largest companies and financial institutions must account for climate and nature-based risks from January, which experts say will support investment.

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Former PwC head grilled over role in tax scandal

Former PwC head grilled over role in tax scandal

The former boss of PwC in Australia, Tom Seymour, has made his first public comments since resigning due to the tax advice scandal.

'Once-in-a-generation' change in corporate reporting

'Once-in-a-generation' change in corporate reporting

Smaller firms may be wary of new reporting obligations but the big end of town is calling for rapid passage of laws requiring honesty on climate-related risks.

Accountant to the stars jailed for fleecing $2m

Accountant to the stars jailed for fleecing $2m

High-profile musicians and restaurateurs are among the victims of an accountant jailed for stealing $2 million by siphoning client money into his own accounts.

PwC censured, fined almost $100,000 after tax leak

PwC censured, fined almost $100,000 after tax leak

PwC has been fined nearly $100,000 after a disciplinary tribunal found it brought discredit on the accounting profession.

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Top bureaucrat rejects auditor's call to end 'dump day'

Top bureaucrat rejects auditor's call to end 'dump day'

Top bureaucrat rejects auditor's call to end 'dump day'

Top bureaucrat rejects auditor's call to end 'dump day'

Victoria's auditor-general wants the state government to reconsider dumping hundreds of annual reports on parliament at once.

Audit finds minister's meeting breached probity rules

Audit finds minister's meeting breached probity rules

Audit finds minister's meeting breached probity rules

Audit finds minister's meeting breached probity rules

The auditor-general has highlighted a breach of probity in a meeting attended by now-retired minister Stuart Robert, but a department begs to differ.

NT's Tiwi council lacks fraud compliance, audit finds

NT's Tiwi council lacks fraud compliance, audit finds

NT's Tiwi council lacks fraud compliance, audit finds

NT's Tiwi council lacks fraud compliance, audit finds

One of four Northern Territory land councils has been found to lack any compliance with fraud laws, an audit report has found.

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