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MYSTERIOUS: 11 - You Need To See This

Margaret Hodge urges PwC to show it is not using global structure to aid illicit financial flows

Labour MP makes call after branches’ role highlighted in Cyprus Confidential and other investigations

The Guardian - UK

Top tech unicorns lost $10 billion in value in 2023

The valuation of the top 100 tech unicorns fell by $10 billion in 2023, a new report has found, as worsening economic conditions led to fewer funding rounds and depressed valuations.

Evening Standard

Transparency isn't the only condition leaders need to build trust

For executive teams, privacy can be just as important as openness.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

The commercial real estate market will get better for investors who are ‘willing to take the long view,’ PwC says

Interest rates, cost of capital, and capital availability will be most important commercial real estate issues in 2024

Fortune

Are These 3 Software Stocks Solid Buys for 2024?

The software industry stands on the brink of significant growth, fueled by digitization and continuous technological evolution. Given this landscape, should you buy software stocks Pegasystems (PEGA), Palantir Technologies (PLTR), and ePlus (PLUS) for 2024? Let’s find out….

StockNews.com

Delta CEO says fears business travel has died are greatly overstated—hybrid workers are just shifting the data

Business travel at Delta Air Lines is down “about 20% below” pre-pandemic levels. But its CEO Ed Bastian isn’t concerned because rather than globe-trotting to see colleges, hybrid workers are mixing business and pleasure.

Fortune

Tax changes flagged to bolster system integrity

The Albanese government has announced a consultation process as part of its tranche of reforms to strengthen integrity and accountability in the tax system.

AAP

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Mental health app that cost Australian taxpayers $33m did not result in ‘clinical outcomes’, study finds

Independent review raises questions on value for money achieved from scrapped Project Synergy app, which is part-owned by PwC and the University of Sydney

The Guardian - AU

PwC employees cheating on tests in China just cost the auditing firm $7 million in U.S. fines

U.S. regulators alleged that PwC's employees in mainland China and Hong Kong shared answers on exams meant to test knowledge of U.S. auditing practices.

Fortune

Fancy a life of misery? We’ve just the degree for you!

Studying sociology, politics or the creative arts may well make you unhappy. But it’s not necessarily a bad choice, writes Zing Tsjeng

The Guardian - UK

PwC censured, fined almost $100,000 after tax leak

PwC has been fined nearly $100,000 after a disciplinary tribunal found it brought discredit on the accounting profession.

AAP

Palantir Technologies (PLTR) vs. The Descartes Systems (DSGX): Selecting the Better Software Investment

With digital transformation gaining traction worldwide and rising demand for software solutions, the industry’s prospects appear promising. Software stocks, Palantir Technologies (PLTR) and Descartes Systems (DSGX) should benefit from the industry tailwinds. However, which of these stocks is a better investment? Read more to find out.

StockNews.com

Ladbrokes-owner Entain settles Turkish bribery inquiry; Amazon Black Friday protests– as it happened

Rolling coverage of the latest economic and financial news, as strikes take place at Amazon’s Coventry warehouse, and at sites in Germany

The Guardian - UK

Fresh China questions for Cameron as video shows him praising port project

Former PM seen quoting from Chinese-funded study in support of Sri Lankan development

The Guardian - UK

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The Guardian - AU

From ‘crazy’ to Walkley: Australian Financial Review’s PwC tax leaks scoop takes top journalism prize

Edmund Tadros and Neil Chenoweth take home Gold Walkley while eight women honoured for outstanding contributions. Plus: Crikey job cuts

The Independent UK

Highest paid graduates are some of the saddest, study finds

Graduates with degrees in Celtic studies or sports science report being the most content with their lives, even though their wages placed them in the bottom ten earners.

The Guardian - AU

Report critical of big four consultancies was censored by Australian government agency, academic claims

Peter Carey tells inquiry he was asked by Accounting Standards Board to omit details because partners from PwC, KPMG, Deloitte and EY sat on the board

The Conversation

Politics with Michelle Grattan: Greens Barbara Pocock on the quest for greater transparency

Greens Senator Barbara Pocock – who has a background in economics and industrial relations and formerly worked at the Reserve Bank, in the federal public service and as an academic – has been in parliament only since the 2022 election, But she has already made a mark.

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news in one place.

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AAP

Consultants to face anti-corruption commission grill

The head of Australia's anti-corruption commission says government consultants - like those at PwC - should expect a visit from his organisation.

Fortune

Analysts split on whether 2023 will bring booming Black Friday sales

Eye-catching discounts are everywhere in the lead up to Black Friday—and they're especially enticing to shoppers amid a cost-of-living crisis.

The Guardian - UK

Friday briefing: How Russian oligarchs use Cyprus to shield assets from sanctions

In today’s newsletter: A new investigation from the Guardian and others reveals the big ways the small island can help the wealthy avoid scrutiny

The Independent UK

Black Friday spending in UK expected to fall by almost a quarter – research

Accounting firm PwC anticipates shoppers will spend £5.6 billion on deals this year, down from £7.1 billion last year.

AAP

Tax avoidance crackdown en route after PwC scandal

Legislation is set to hit parliament that would give regulators more strength to tackle dodgy tax consultants with bigger punishments after the PwC scandal.

The Guardian - UK

HP disputed with auditors whether Lynch fraud behind $5bn of Autonomy writedown, filing says

Documents submitted to US court in case over allegations founder duped HP into overpaying for software firm

Fortune

Could CPAs telling their stories be the key to attracting Gen Zers to accounting? A PwC vice chair thinks so

”Whether it be sustainability, or AI, the future of what we do is really exciting," Kathryn Kaminsky says.

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