Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREKPMG chairman Alison Kitchen against ’name and shame’ over audit quality
The chairman of KPMG, Alison Kitchen, remains opposed to breaking out the results of audit quality inspections by individual firms, fearing it would only lead to "point scoring" and get in the way of "shared learnings" across the big four accounting and consulting companies.
Ms Kitchen also reaffirmed her view that the firms should not be broken up. She said the big multi-disciplinary accounting firms KPMG and rivals Deloitte, EY and PwC remained best-placed to audit large multinational listed firms, and there was no public interest in disclosing the profit and loss details of the firm because it was a private partnership.
Read the full article at the Australian Financial Review.
Previous
Accountants give thumbs up to IPA exemption lobbying
Next
Government dumps corporate tax cuts
Jim Chalmers warns budget revenue upgrades will be modest but flags...
Treasurer Jim Chalmers will say lower commodity prices and a softening labour market mean this year’s revenue upgrade...
READ MORE
QANTAS pays women 37% less, Telstra and BHP 20%. Fifty years after...
Men continue to outstrip women in the salary stakes, with men’s median annual salary $11,542 greater than women’s,...
READ MORE