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.

Partners overlooked rule-breaking by ‘rainmaker’ colleagues in pursuit of revenue growth, independent assessment shows

PwC Australia is implementing significant governance reforms in the wake of a scandal involving the leak of confidential tax documents.

PwC Australia will appoint outsiders to its board and publish audited financial statements as part of a governance overhaul to bring the partnership closer to public company standards following a scandal over the leak of confidential tax documents.

Former Telstra chief Ziggy Switkowski has unveiled a review of PwC in the wake of the tax leaks scandal, but it's unlikely this is the end of an intense probe of its business and the way other consulting firms manage conflicts of interest,

PwC Australia gave multiple clients confidential information leaked from Australian government tax briefings, the company said.

Consulting giant PwC has been savaged in an independent review that exposed the firm’s “shadow” culture contributing to its infamous tax leaks scandal.

PwC Australia’s “aggressive growth agenda” has overshadowed the firm’s values, and it needs to build a better risk framework, and have “greater introspection” and “humility” to restore trust in the firm,

The firm has released the review and response in addition to a Statement of Facts which outlines instances between 2013-2017 where certain individuals in PwC Australia's Tax pract

PwC Australia said its risk controls were inadequate and its board didn’t challenge the firm’s leadership enough, following a months-long independent inquiry into malpractice.