PwC Australia will also commit to publishing audited financial statements
by the Treasury for investigation, which is one reason why the firm was not recalled to an ongoing Senate inquiry into the matter this week.
Switkowski has conducted more than 90 briefings with senior PwC Australia staff and held 18 focus groups across the country. PwC Australia will in future apply ASX corporate governance principles and recommendations, “to the extent that is feasible”, the company said. PwC Australia is a partnership and structured differently to ASX companies.
The firm will publish audited financial statements by September 2025. PwC Australia will also appoint three non-executive directors to its governance board and a non-executive chair. The firm’s chief executive, Kevin Burrowes, has released a statement before the report’s release, saying it was an “important day for the firm”.
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