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The Tax Practitioners Board has banned former PwC partner Richard Gregg for four years after finding he made false or misleading statements concerning research and development tax incentives, resulting in a tax shortfall of $11 million and $800,000 in fines for his clients.
Auditor KPMG has hit back at a shareholder class action over water treatment business Phoslock’s alleged accounting irregularities, saying it should be completely relieved from paying damages since it acted honestly.
A Grant Thornton partner has been admonished for failing to properly review the firm's audit of the 2018 financial statements of delisted fintech iSignthis, in a promising turn for a recently filed class action.
Hall & Wilcox has brought proceedings against accounting firm Pitcher Partners, alleging it breached its duty of care by providing negligent advice on late superannuation payments.
Software company Dubber has filed a negligence suit against its former auditors, BDO, over $26.6 million in alleged missing company funds and flagged further lawsuits as part of its recovery efforts.
Lendlease and tax advisory firm Greenwoods & Herbert Smith Freehills have reached a settlement in a case by solicitor and accountant Anthony Watson, which accused the builder of taking an "aggressive" position on its taxes.
An engineer who sued accounting software company Xero, alleging she was paid a lower salary than male colleagues, has resolved her case.
A shareholder class action has been lodged against iSignthis and auditor Grant Thornton over the delisted fintech's 2018 financial statements.
On the first day of trial in the Tax Office's case against a former EY partner accused of marketing a tax loss access scheme and pocketing $700,000 in the process, the court heard former clients were assured the scheme was "risky but not illegal".
A former PricewaterhouseCoopers partner has settled his case against the consulting giant, which alleged he was denied promised retirement payments.