Chanticleer
PwC hasn’t paid full price for eight years of risk failure
Exactly who deserves the most blame for the PwC scandal remains a subject of fierce debate. But it’s the systemic failures of risk management that really matter.
It’s 3131 days since Tom Seymour received the email that ultimately changed his life – and that could yet reshape PwC and the entire professional services sector.
Seymour, the former PwC chief executive was on holiday when he received an email from former tax partner Paul McNab talking about how the firm had pulled in $2.5 million of revenue from providing big foreign tech companies with advice about changes to the federal government’s Multinational Anti-Tax Avoidance laws (MAAL).
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Tax & super
Fetching latest articles