Browsing: Australia

Australia Cracks Down on Big Four Accounting Firms to Restore Trust Australia plans to tighten regulations on the Big Four accounting firms following governance scandals, including KPMG's misuse of confidential data. The government has tasked ASIC to enhance auditing oversight, consider breakin…

Australia is considering major reforms to the accounting sector, including a possible break-up of the 'Big Four' companies and bringing them under the supervision of the corporate regulator after a series of high-profile scandals. The proposals are set out in an options paper from the Trea…

Our website is made possible by displaying non-intrusive online advertisements to our visitors. Please consider supporting us by disabling or pausing your ad blocker. Australia weighs break-up of Big Four accounting firms after scandals TheStarWed, Jul 01, 2026 11:33am – 43 minutesView Original SYDN…

Business Australia weighs break-up of Big Four accounting firms after scandals Tue, Jun 30, 2026 0 Comments Enlarge By Christine Chen SYDNEY, July 1 (Reuters) – The Australian government said on Wednesday it was considering breaking up the Big Four accounting firms and bringing them under the corp…

World Australia to double potential fines over child social media accounts A logon screen for Facebook and the new Meta policy are photographed in Sydney, Australia, on Nov. 20, 2025. Rick Rycroft/AP toggle caption Rick Rycroft/AP MELBOURNE, Australia — Australia plans to double potential fines fo…