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A BDO director has filed a strike-out bid in ASIC’s case over alleged false and misleading reports for ASX-listed software company Dubber, with the accounting firm flagging its support for the application.
In her first speech as chair of ASIC, Sarah Court has called for regulation of Big 4 accounting firms in the wake of the KPMG whistleblower scandal and warned the collapse of property developer Bathla may be the “first significant crack” in the private credit market.
Macquarie's board will no longer back the appointment of KPMG to replace PricewaterhouseCoopers as the group's auditor, following claims audit partners used confidential client information to win tenders.
EY has claimed a "draconian" provision of the Taxation Administration Act precludes it from handing over the client file of a property developer who has accused a former partner of breaching fiduciary duties.
A $27 million lawsuit by Dubber against former CEO Stephen McGovern and the software firm's solicitor has been stayed as the corporate cop pursues the company's auditor.
Allens has denied a senator's claims that it exercised "poor judgment" when accepting answers from three KPMG partners as credible during an investigation into whistleblower claims.
KPMG's deputy general counsel has said his investigation into a whistleblower's claims of ethical breaches was "fundamentally undermined" by dishonest answers to his questions and "restricted" scope.
The former chief operating officer at KPMG has admitted that she stored a confidential Lendlease document in her locker and considered sharing it with a colleague but has said she did not understand why she was the only person forced out from the partnership.
Optus chair John Arthur said Friday KPMG's alleged sharing of the telco's confidential information to win business with Telstra was an “egregious breach of responsibilities”.
The former chair of Westpac’s board audit committee did not disclose allegations made by a whistleblower that KPMG breached its confidentiality obligations, having resigned due to his “social engagements” with senior members of the accounting firm during a tender, an inquiry has heard.