And finally, the media are sniffing around the audit function of big consulting firms and finding the smell a bit off:

"The big four accounting giants racked up billions of dollars in auditing fees in the private sector as the quality of auditing declined, heightening concerns it could trigger another Enron-type corporate collapse."

#audit #PWCscandal

https://www.abc.net.au/news/2023-08-14/australia-big-four-audit-decline-quality-fear-corporate-collapse/102718744

Australian government announces measures to better monitor and supervise large accounting consulting firms and a 2 year review of the area. This is in response to the #PWCScandal

https://www.theguardian.com/australia-news/2023/aug/06/labor-launches-crackdown-on-tax-adviser-misconduct-following-pwc-scandal

An overview of how much money Federal and state governments have been paying the big 4.accounting firms and how quickly that has increased. There are now 4 Federal and NSW parliamentary inquiries examining this issue.
#PWCscandal

https://www.abc.net.au/news/2023-07-17/pwc-ey-kpmg-deloitte-government-10-billion/102602370

In light of the scathing report of the Royal Commission into the Robodebt social security scandal, PwC will pay back $800,000 in fees to the Federal Government.

"...while it provided the department with an eight-slide PowerPoint presentation, it never provided it with the 100-page report, which the commission found “identified, in detail, problems with the system that were not, or at least not in the same level of detail, contained in the presentation” and “confirmed, in writing, that the Scheme as it existed was a failure”.
#PWCscandal

https://www.theguardian.com/australia-news/2023/jul/08/pwc-to-repay-800000-for-work-on-robodebt-after-damning-royal-commission-report

Another breach of conflict of interest responsibilities by PwC. Their staff allege that non-disclosure agreements have been used to enable partners accused of harassment to leave and join other employers.

Another day in the ongoing #PWCscandal

https://www.abc.net.au/news/2023-06-28/pwc-second-failure-to-disclose-interest-in-top-education-group/102530918

Simon Longstaff on the importance of Australia's ethical infrastructure and the role of the professions in it. How much damage has the #PwCscandal done to this?

https://theconversation.com/self-interest-versus-public-good-the-untold-damage-the-pwc-scandal-has-done-to-the-professions-206857

#PWCscandal is just proof of concept on the conspiracy we all knew was happening in world governments. It didn't take a rocket scientist to work out that most of these governments sold out to corporate infiltration. Same shit with Microsoft and tech moguls.

If you've lived in another country and noticed these goon companies sweet talking the governments there, then it's not even a conspiracy theory. It's just a conspiracy.

And I'm sorry to say, it's why I could never vote for #ALP (or LNP) in good conscience.
#AusPol