Submission to the Treasury on the regulation of accounting, auditing and consulting firms in Australia

Whistleblowers make Australia a better place by speaking out and exposing wrongdoing across the public and private sectors. We welcome the Treasury’s consideration into the regulation of accounting, auditing and consulting firms in Australia, with a view to strengthening regulatory arrangements. This is particularly important in light of the PricewaterhouseCoopers (PwC) scandal.

It is critical that individuals across the accounting, auditing and consulting sector are afforded adequate pathways and protections for disclosure, to prevent similar events from happening again and ensure that misconduct is prevented, detected and addressed.