PricewaterhouseCoopers (PwC) is facing intense scrutiny after a tax scandal involving the misuse of confidential government information. The situation has raised concerns about the ethics and accountability of major consulting firms. A government inquiry has been launched, calling for stricter oversight and greater transparency in the auditing and consulting sectors. The PwC scandal is a stark reminder of the importance of trust in the financial services industry, and it has sparked conversations about improving the regulatory framework for accounting firms worldwide.
Read more about the PwC scandal and its impact on the industry: The Australian