Date posted: 04/03/2024

Statement on Tax Practitioners Board evidence to Parliamentary Joint Committee on Corporations and Financial Services (Ethics and Professional Accountability: Structural Challenges in Audit, Assurance and Consultancy Industry) on Thursday, 29 February, 2024

Chartered Accountants Australia and New Zealand (CA ANZ) has received correspondence from the Tax Practitioners Board (TPB) correcting evidence it provided to the Parliamentary Joint Committee on Corporations and Financial Services (PJC) hearing on Thursday, 29 February, 2024.

The TPB has advised CA ANZ and the PJC that despite evidence provided on Thursday to the contrary, it in fact did not inform CA ANZ of the TPB’s sanctions against Mr Peter John Collins in November 2022.

This information confirms CA ANZ’s evidence that there are no records of any direct communication from the TPB about the finding and order against Peter Collins or PwC Australia, other than what was made publicly available in January 2023.

A letter from the TPB correcting the record with the Parliamentary Joint Committee can also be read here.