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Latest news: Consultancy Service

Audit firms to be investigated following KPMG scandal

Audit firms to be investigated following KPMG scandal

Major consulting companies will have their audit firms investigated by the corporate watchdog in an inquiry triggered by allegations surrounding KPMG.

New KPMG chair slagged off Labor senator in email

New KPMG chair slagged off Labor senator in email

New KPMG chair slagged off Labor senator in email

New KPMG chair slagged off Labor senator in email

A parliamentary committee has released an email by newly appointed KPMG chairman Michael Ebeid in which he criticised Labor's Deborah O'Neill.

Number's up for crisis-hit accounting firms in shake-up

Number's up for crisis-hit accounting firms in shake-up

Number's up for crisis-hit accounting firms in shake-up

Number's up for crisis-hit accounting firms in shake-up

Treasury is proposing splitting auditing and consulting functions under reforms to the industry following scandals involving the major firms.

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Under-fire firm still has ethics, leadership contracts

Under-fire firm still has ethics, leadership contracts

Having been hauled over the coals by a parliamentary committee, KPMG is again facing scrutiny regarding its suitability to run government training programs.

'Dubious honour': consultancy giants cop trust barb

'Dubious honour': consultancy giants cop trust barb

A senator has been "gobsmacked" over the response by a former KPMG chief to a question over public trust of big consultancy firms at a federal inquiry.

'We've made mistakes': KPMG bosses face interrogation

'We've made mistakes': KPMG bosses face interrogation

Past and present KPMG executives have had a tough day defending the firm under intense questioning from senators over an audit leak and whistleblower scandal.

'Taken for mugs': KPMG referred for corruption probe

'Taken for mugs': KPMG referred for corruption probe

Beleaguered consultancy firm KPMG is under more pressure after being referred to a corruption watchdog, while it also faces a government halt on contracts.

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Labor opens door to PwC after tax scandal

Labor opens door to PwC after tax scandal

Labor opens door to PwC after tax scandal

Labor opens door to PwC after tax scandal

Restrictions on consulting firm PwC's ability to bid for government work have been lifted after a shocking tax scandal and allegations it misused information.

Warnings consultants would replace axed public servants

Warnings consultants would replace axed public servants

Warnings consultants would replace axed public servants

Warnings consultants would replace axed public servants

Australians could wait in longer lines and pay more for government services under an opposition plan to cut thousands of public servants, a Labor minister says.

Push to rein in and probe 'lawless' university sector

Push to rein in and probe 'lawless' university sector

Push to rein in and probe 'lawless' university sector

Push to rein in and probe 'lawless' university sector

Well-paid university heads could be dragged into the public eye and grilled over the sector's scandals as the government tries to establish an investigation.

The world 'deserves the truth' behind PwC scandal

The world 'deserves the truth' behind PwC scandal

The world 'deserves the truth' behind PwC scandal

The world 'deserves the truth' behind PwC scandal

The PwC tax leak scandal has gone beyond Australian borders and everyone deserves to know who exactly was involved, a senator says.

Billions spent on consultants amid integrity concerns

Billions spent on consultants amid integrity concerns

Billions spent on consultants amid integrity concerns

Billions spent on consultants amid integrity concerns

Australia is spending billions on consulting services despite transparency issues and conflicts of interests, prompting calls to regulate the industry.

Billion-dollar NSW consultant spend lashed, cut pledged

Billion-dollar NSW consultant spend lashed, cut pledged

Billion-dollar NSW consultant spend lashed, cut pledged

Billion-dollar NSW consultant spend lashed, cut pledged

The previous NSW government was too reliant on consulting firms and paid for work normally designed for the public service, a parliamentary inquiry has found.

Hundreds of jobs axed with PwC to 'simplify' business

Hundreds of jobs axed with PwC to 'simplify' business

Hundreds of jobs axed with PwC to 'simplify' business

Hundreds of jobs axed with PwC to 'simplify' business

Big Four consultant PwC has made hundreds of jobs redundant and accelerated the retirements of more than 30 partners in an effort to streamline its structures.

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PwC executives accused of 'thumbing nose at parliament'

The head of embattled consulting firm PwC has come under fire for not providing details of a key report into the organisation's conduct.

Consultants to face anti-corruption commission grill

The head of Australia's anti-corruption commission says government consultants - like those at PwC - should expect a visit from his organisation.

EY sheds 232 staff as consulting giants bleed jobs

Consulting company EY has sacked more than 200 staff as demand for financial services and public sector work plummets.

Westpac axes PwC as embattled firm announces job cuts

Westpac has ended its relationship with external auditor PwC as the under-fire firm continues to face setbacks after a leaking scandal.

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Accused auditors dodge black mark by resigning: ASIC

A Senate committee has heard auditors accused of committing misdemeanours could escape consequences and scrutiny by resigning.

PwC spin-off given go-ahead for government contracts

Scyne Advisory, the spin-off company of PwC's government consultancy arm, has been allowed to work on public sector projects following a department probe.

Consulting firms' problems fuelled by pursuit of growth

A Senate committee has been told stories of toxic work culture and conflicts of interest, which experts say are driven by the "aggressive pursuit of growth".

'Whatever it takes': PwC's poor behaviour laid bare

A scathing review into PwC following a tax advice scandal found the firm overlooked poor behaviour and took a "whatever it takes" approach to business.

Scandal-plagued insurer icare transformed, says CEO

NSW public insurer icare has dismantled its "imaginarium" office space, among other changes, since it was called out for a series of failures.

Fire and rescue rebranding burns up millions of dollars

Fire and Rescue NSW spent millions of dollars re-marketing itself to the public, including paying one alleged "friend" of the commissioner $6000 a day.

Procurement system a consultants' 'protection racket'

A parliamentary committee has savaged the procurement process for government contracts, saying it is an uncompetitive rort.

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