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Auditor BDO has asked the court to stay ASX-listed software company Dubber’s negligence suit over $26.6 million in alleged missing funds while a parallel case by ASIC over alleged false and misleading financial reports is on foot.
KPMG CEO Andrew Yates has stepped down over his handling of a senior executive's reports of misuse of confidential client information, as the firm hires Big Six firm Allens to investigate the whistleblower's claims.
A judge has approved amendments to a shareholder class action against iSignthis and auditor Grant Thornton, over the opposition of the fintech firm, which argued the changes would amount to an abuse of process.
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A former KPMG executive has accused the firm of misappropriating confidential Lendlease board papers to pursue audit tenders with Westpac and Dexus, while also engaging in adverse action against a whistleblower.
A solar company's claims against 12 Mazars' partners have been dismissed from a $9.3 million embezzlement lawsuit, after a judge found the allegations had no prospects of success.
The corporate cop has sued BDO Audit and director Dean Just in the Federal Court over alleged false and misleading reports it made for ASX-listed software company Dubber.
iSignthis and auditor Grant Thornton have each pointed the finger at each other in response to a shareholder class action over the delisted fintech's 2018 financial statements.
Auditor BDO has hit back at a negligence suit by Dubber over $26.6 million in alleged missing funds, making proportionate liability claims against the software company’s former CEO and external solicitor, who is said to have disbursed company funds “wrongly and in breach of trust”.
A recent review by ASIC found 15 auditors of different sizes failed to demonstrate compliance with independence and conflict of interest obligations.
The Australian Securities and Investments Commission has accepted court-enforceable undertakings from Hall Chadwick NSW and three of its auditors after finding the firm’s systems failed to detect breaches of auditor rotation requirements.