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Big four accountants

This Month

Two senior executives at Big Four firms estimated that, across the UK’s largest consulting and accounting firms, graduate recruitment would be down by about a half in the coming year.

Top consultancies freeze starting salaries as AI threatens ‘pyramid’ model

Productivity gains from technology are spurring debate about reliance on large numbers of junior advisers.

November

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.

Kate Douglass of Walker Wayland and Amanda Price of KPMG.

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.

Top 100 Accounting firms graduates

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.

New KPMG Graduates Matt Lahoud and Mila Spirkoski Lancaster.

Consultants slash grad hiring by nearly half. But don’t blame AI

The number of graduates hired by the big four – Deloitte, EY, KPMG and PwC – has hit a five-year low. But it’s not due to the rapid advance in AI, at least not yet.

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October

EY planned to separate its audit and consulting divisions globally but has dumped the proposal.

Deloitte to pay $52m over audit work on US nuclear fiasco

Former shareholders in utility Scana said the big four firm failed to spot red flags and allowed management to hide mounting issues.

September

Peter Burns, Chris Bradley and Kevin Burrowes.

The most powerful people in consulting in 2025

The glamour boys and girls of the firms’ consulting arms have been humbled, while the typically serious auditors have gained the upper hand.

August

Brendan Thomas - CEO of AUSTRAC.

Estate agents and lawyers: AUSTRAC boss reveals new targets

AUSTRAC boss Brendan Thomas believes banks, law firms and real estate agents, are key to tackling scams, drug trafficking and organised crime.

Senator Barbara Pocock.

Senators oppose PwC return to government work

Any decision to lift the ban is a formality because PwC will not provide services to any level of government until at least 2028.

July

Ex-KPMG audit supremo Michelle Hinchcliffe.

Macquarie defends ex-KPMG director over coveted audit contract

The bank refuses to say whether board director Michelle Hinchliffe has recused herself from deliberations around its prized audit contract.

The Macquarie headquarters in Sydney. A role auditing the company is one of the most coveted for major professional services firms.

KPMG, EY frontrunners to snatch coveted Macquarie audit role from PwC

Working on the investment and banking giant’s books is one of the most complex jobs for an accounting firm, but one that promises a significant windfall.

June

PwC Australia chief executive Kevin Burrowes says the audited report is a ‘milestone’ for the firm.

PwC Australia’s profit slumps 17pc, inaugural audited accounts show

The firm is the first big four accounting group to publish an audited financial report, part of its reform process following the tax leaks scandal.

May

Malcolm Bundey and Chris Ellison. Bundey will become MinRes’ new chairman on July 1.

Can MinRes’ cleanskin chairman tame the Chris Ellison show?

Malcolm Bundey will have one of the biggest governance mop-up jobs in years, with the heavily indebted miner facing investigation by the corporate regulator.

April

EY’s Asia-Pacific region will be dissolved under the proposal.

EY Oceania to avoid merger in global restructure

The firm’s local division will continue to be led by chief executive David Larocca, but job cuts are expected amid a broader reorganisation of the business.

March

New Grant Thornton Australia chief executive Said Jahani is targeting mergers and lateral hires.

New Grant Thornton boss to strike at bigger rivals ‘while iron is hot’

Said Jahani wants to elevate the fast-growing firm’s market position, but is cautious on following his UK and US colleagues in taking private capital.

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Alvarez & Marsal

Alvarez & Marsal poaches Deloitte partner

The departure comes after the consultancy firm raided Deloitte’s partner ranks in early December to kick off its Australian restructuring unit.

Bill Thomas was given a one-year extension to his leadership term to see through a strategy of investment and integration that runs to September 2026.

KPMG to merge dozens of partnerships in overhaul of global structure

The effort to more closely integrate the businesses amounts to one of the biggest restructures of a big four network in years.

February

The professional services firm has about 17,000 employees in the UK and more than 2600 in Switzerland.

KPMG pulls DEI reports from website after Trump pressure

The big four firm in the United States has become the latest government contractor to ditch DEI targets.

‘Man in a hurry’: Luke Sayers’ bumpy road to the top of PwC

Before he became boss of the auditing and consulting giant, the ambitious partner was fined for behavioural breaches and apologised to a group of female partners for unspecified past behaviour.

The reduction in PwC China’s partner ranks is the biggest in five years.

Dozens of PwC China partners step aside after audit ban

The disclosure suggests the big four firm has lost state-owned and finance sector clients.

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