Yesterday
KPMG demanded a discount from its auditor for AI cost savings
The big four accounting company’s move to cut fees for its own audit comes amid debate over pricing models now that artificial intelligence is being used.
January
BGH Capital-backed consulting venture raids Deloitte Private
Street Talk understands Horizon Nexus is negotiating to bring across three Deloitte partners.
Adelaide does business in Lycra during tour week
The Tour Down Under is one of South Australia’s biggest weeks in cycling. It’s also one of its biggest weeks for networking.
December 2025
ASIC questions KPMG over employees using AI to cheat on tests
It’s not a formal investigation, but it’s still a quicker response from the watchdog than the last time news of auditors cheating came to light.
Corporate Travel’s executive alumni have moved on
Corporate Australia is a small place, so it shouldn’t be surprising two of its former execs have found a new home at the same ASX 50 company.
Inside the slow unravelling of the Corporate Travel empire
He beat the hedge funds and survived the pandemic. But a $162 million accounting scandal might be the one thing Jamie Pherous can’t talk his way out of.
Former PwC CEO fined, suspended by Chartered Accountants ANZ
The decision came after the Tax Practitioners Board found Tom Seymour failed to act on signs that secret government information was being shared among partners.
November 2025
Top 100 accounting firms rush to adopt AI – with mixed results
The nation’s largest accounting companies want to cut costs and swap routine compliance for real-time financial advice.
Revealed: Australia’s best accounting firms in 2025
The Financial Review list shows the country’s largest accounting firms are racing to deploy artificial intelligence across their businesses.
How this accounting firm doubled female partner numbers in five years
Walker Wayland partner Kate Douglass says new parents can be those who want a full break or those who call in after a few months desperate for adult connection.
Accounting firms want grads with the social skills AI can’t replace
Accounting firms are seeking graduates with personality and grit, making part-time retail work, team sports and volunteering as valuable as good marks.
Corporate Travel tells investors not to expect accounts this month
Shares have not traded since August 22, when the ASX-listed business travel provider found material errors in its numbers stretching back years.
Xero’s $20b AI question: the price of never reconciling again
In a great test of pricing power, the ASX darling is set to push the trigger and ask its customers to pay for its AI-based features.
Xero’s $4b Melio acquisition weighs down investors despite profit jump
The company’s chief executive Sukhinder Singh Cassidy says she is confident the massive acquisition will transform the accounting software business.
October 2025
The mystery behind sacked EY partner’s missing $4000 jacket
Leonard Joseph Nicita not only lost his coat, but also his job. Though at least he got the former back.
PE-backed Stannards in bolt-on, hiring frenzy; targets $100m revenue
The accounting and advisory boutique is seeking to transform itself into a best-in-class mid-tier firm ahead of an expected wave of industry consolidation.
Acquisition-hungry accounting start-up Squeeze seeks war chest funding
Squeeze Group is seeking interest from family office and high-net-worth types at a $72 million valuation cap.
ATO to crack down on professionals splitting income in family trusts
The Tax Office believes a growing number of lawyers, doctors and accountants may be using trusts in breach of anti-avoidance rules.
Accounting firm Grant Thornton appoints bank to review possible sale
In a deal that would be one of the biggest of its kind, Australia’s eighth-largest accounting firm has hired Greenhill to manage a potential sale.
MYOB execs on Palo Alto trip as KKR brings in bankers for auction
As a precursor to the auction, investment bankers from Barrenjoey and Jarden last month ran a so-called “early education roadshow”.
