McKinsey faces US criminal investigation over its opioids work

McKinsey faces US criminal investigation over its opioids work

McKinsey&Co is under criminal investigation in the United States over allegations that the consulting firm played a key role in fuelling America’s opioid epidemic.

  • byMike Spector,Nate Raymond andChris Prentice

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PwC cuts jobs as Westpac dumps firm after 20 years in wake of tax scandal

PwC cuts jobs as Westpac dumps firm after 20 years in wake of tax scandal

PwC announced it is cutting hundreds of staff after Westpac ended a 20-year relationship with the embattled firm that generated more than $70 million in fees over the past two years alone.

  • byColin Kruger
The walls are closing in. Can PwC survive in Australia?
Opinion
Opinion

The walls are closing in. Can PwC survive in Australia?

The PwC fallout has moved well past the bounds of the original misconduct in which the consulting giant acted as a “double agent”.

  • byElizabeth Knight
What the PwC scandal tells us about a broken system,and how to fix it

What the PwC scandal tells us about a broken system,and how to fix it

More inquiries will uncover further details,but we already know enough to make three broad conclusions about the broken system that is supposed to pursue tax avoidance.

  • byDavid Crowe
Accountants were boring until the government paid them billions to do its job
Opinion
Accounting

Accountants were boring until the government paid them billions to do its job

Should public services be delivered by the private sector? Based on the PwC scandal,the answer is a resounding no.

  • byRoss Gittins
Our government is being privatised by stealth:PwC scandal shows how

Our government is being privatised by stealth:PwC scandal shows how

Why is Australia outsourcing so much of its governing to private enterprise? It’s a question voters should be asking their MPs.

  • byGeoffrey Watson
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Picking the wrong side:Why the PwC scandal just gets juicier

Picking the wrong side:Why the PwC scandal just gets juicier

If those running the accounting firm believe that undertaking some kind of internal investigation into its culture will provide them with a get-out-of-jail-free card,they are woefully mistaken.

  • byElizabeth Knight
PwC chief steps down as tax leak scandal shreds company’s reputation

PwC chief steps down as tax leak scandal shreds company’s reputation

PwC Australia boss Tom Seymour has stepped down from his position as the fallout from the tax leak scandal continues to weigh on the firm.

  • byClancy Yeates
‘Very uncomfortable position’:ATO won’t rule out criminal charges in PwC legal stoush

‘Very uncomfortable position’:ATO won’t rule out criminal charges in PwC legal stoush

The big four accounting firm could face criminal prosecution as part of the ATO’s efforts to stamp out illegitimate use of legal privilege in tax matters.

  • byCharlotte Grieve
Big Four accountants face questions on links to Beijing

Big Four accountants face questions on links to Beijing

Thousands of staff employed by the auditors in Britain are members of the Chinese Communist Party,documents reveal.

  • byBen Gartside,Jack Hazlewood andJuliet Samuel