An independent review into governance, culture and accountability at consulting giant PwC has singled out the 'excessive power' of the firm's chief executive and poor practices which went 'unexamined and uncorrected' for years.
Mr Collins had received confidential briefings from Treasury and the Australian Taxation Office about the proposed crackdown to be announced in the 2015 federal budget by then-treasurer Joe Hockey.
"The focus on 'whatever it takes' seems at times to have contributed to integrity failures," the report said. In its response, PwC chief executive Kevin Burrowes said all 23 recommendations would be accepted and implemented.
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