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Accenture

This Month

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IPCC reports show that we have 8.5 years until we reach the key 1.5˚C global warming mark.

Collective action crucial to drive systems-wide change to cut emissions

The 1.5 degree threshold, laid out in the Paris Agreement signed in 2016 was earmarked as “the key tipping point” for climate change globally.

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Billions of dollars is potentially being wasted by federal government departments failing to get value for money from major contracts.

Consultants banned from public service core work

A major revamp of public service outsourcing means consultants will lose out on lucrative contracts as federal agencies take their core work in house.

  • Tom Burton
Lea Constantine, Ashurst’s head of region for Australia, expects a failed referendum would encourage staff to get more involved in the firm’s work to promote Indigenous advancement.

Workplaces backing Yes vote vow to double down

Employers that backed the Voice to parliament expect staff to get more involved in work to promote Indigenous advancement regardless of the referendum’s outcome.

  • Euan Black

September

Accenture dwarfed its high-profile rivals, booking $341 million in contracts starting in FY2021, down from $432 million in 2019-20.

One in five EY, PwC partners earns more than $1.3m

The top-earning 20 per cent of partners at big four consulting firms EY and PwC took home than $1.3 million each year, well above the top managing directors at Accenture who earned from $875,000.

  • Edmund Tadros
The big four have been put under the spotlight following the PwC tax scandal.

No big consultancy left untouched by the taint around PwC

Despite the continually emerging evidence of misconduct, and the thorough airing of these matters through parliamentary committees, it seems the sector is still grappling with exactly what this new era of scrutiny means.

  • Deborah O'Neill
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Deloitte CEO Adam Powick at the Senate inquiry in Canberra.

Senate publishes EY and Deloitte ‘confidential’ partner pay levels

EY and Deloitte handed over the partner pay on the condition it was ‘confidential’. The Senate inquiry didn’t see it that way.

  • Mark Di Stefano
Consulting firms are facing the end of COVID-19 boom times.

The five things keeping consultants awake at night

Shrinking budgets, job losses, the end of the COVID-19 pandemic and artificial intelligence are all shaking up the industry.

  • Andrew Edgecliffe-Johnson, Silin Chen and Anjli Raval
The Australian Financial Review consulting salary guide reveals that Accenture has the highest starting pay at all ranks.

One in eight Accenture MDs earns more than $1m

The average Accenture managing director’s pay worked out at roughly $630,000 in FY23 including base pay, bonus payment and equity vested in the financial year.

  • Updated
  • Edmund Tadros
For the big four, one of the big issues of 2022 was finding and keeping staff.

Big four consultants investigated by Defence Department

Canberra heavyweight KPMG is the subject of two Defence investigations, and Deloitte, EY and Accenture are subject to one probe each.

  • Ronald Mizen
Linking electronic Commonwealth statutory declarations to the myGov portal and identity platform will enable a raft of services to be offered online without the need to get witnesses.

Electronic statutory declarations spell end of the passport queue

New laws mean people will no longer need a physical witness or justice of the peace to verify their statutory declaration.

  • Tom Burton
Three of Australia’s big four consulting firms plus tech giant Accenture are being investigated by Defence.

Accenture opens the door on big four’s secret client ‘mapping’

The big four consulting firms have denied systematically tracking their relationships with public sector clients, but Accenture says it’s a common practice.

  • Updated
  • Edmund Tadros

August

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

The firms with the most misconduct complaints, and the least

Staff are most willing to lodge complaints at KPMG and Deloitte and least likely at Accenture, figures disclosed by the five big consulting firms show.

  • Edmund Tadros
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Now, more than ever, understanding, finding, filling and retaining talent is central to enabling and empowering defence organisations.

Delivering innovative digital workforce solutions at speed and scale

Australian defence’s missions are multi-domain with sea, land, air, and now cyber and space, multi-national, multi-agency operations.

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In about-face, McKinsey, BCG to appear before consulting inquiry

The two boutique consulting firms had earlier declined to appear before the committee and failed to answer most of the questions posed about their operations.

  • Edmund Tadros
News Corp Australia executive chairman Michael Miller

News Corp kills major Accenture-advised advertising platform project

News Corp has sacked dozens of people over the past few months after an Accenture ad project which cost millions became a “less attractive concept”.

  • Sam Buckingham-Jones
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Thousands of households will have to fork out much more for their mortgages in the second half of the year when their fixed-rate periods expire.

Work-from-homers may come to regret their couch time

Capital-city employees who avoid the office may eventually find themselves replaced by cheaper workers in Manila.

  • Aaron Patrick
Marek Rucinski, Deputy Commissioner, Smarter Data, Australian Taxation Office)

ATO captures billions of dollars from tax cheats with AI

The ATO is using artificial intelligence to trawl through its large data sets and deliver new insights that are impossible for humans to identify.

  • Tess Bennett

July

Spending on consulting was less than 1 per cent of federal outlays, according to a Finance audit in 2021-22 of department spending.

Why we should stop demonising consultants

Canberra’s jihad against consultants has turned ideological, with a McCarthy-like vendetta against outside expertise.

  • Updated
  • Tom Burton
EY Oceania’s tax and law leader Scott Grimley.

EY runs ‘a very different tax practice’ to PwC

EY has told a Senate inquiry that the firm has “very different” model to its rival and does not have “partners roaming the market with solutions looking for problems”.

  • Edmund Tadros
Consulting firms have followed the Australian government’s ban on using the Chinese social media app on work devices.

Deloitte, EY, McKinsey and BCG consultants banned from using TikTok

The major consulting firms have followed the Australian government in banning TikTok on work-issued devices, while Accenture assesses whether to follow suit.

  • Updated
  • Max Mason