Luke Sayers devised a plan to spin off PwC’s entire consulting business while he was chief executive in 2019 – years before the tax leak scandal came to light.
Former PwC boss Luke Sayers has insisted he did not know about the tax confidentiality breaches that occurred while he was in charge,as the new CEO put the blame on his predecessors.
PwC global chairman Bob Moritz is due in Australia this week with a clear message for clients – the tax scandal is over. But the government has other ideas.
Luke Dixon’s impending appointment surprised a few in the party. His past views on Tony Abbott haven’t gone down well.
PwC Australia oversaw a culture that fostered a “whatever it takes” approach and created a chief executive role that was unaccountable to the board,a new report has found.
The former ACCC chair,sport administrator and investment banker spoke dismissively of the sector in his submission into a parliamentary inquiry on consulting.
A desperate gamble to save PwC’s largest business could reshape the entire multi-billion dollar consulting sector.
Ziggy Switkowski’s report,commissioned after the tax leak scandal,is set to drop right around grand final weekend. Talk about taking out the trash.
PwC’s 882 partners are already wearing the financial pain of the tax scandal with average incomes down last year and expected to take a 30 per cent drop this year.
The increased penalties Treasurer Jim Chalmers announced earlier this month could create financial chaos for PwC,KPMG,Deloitte and EY.
An analysis by the Centre for Public Integrity found taxpayers forked out $1.8 billion more than initially expected for big four consultancy contracts awarded over the past decade.