PwC to be Commonwealth Games' accountant
Big Four firm PricewaterhouseCoopers has won the contract to be the official accountant for the 2006 Commonwealth Games to be held in Melbourne.
PwC already has a substantial workforce in the Australian city, with 1,200 employees and 100 partners, The Australian reported.
It will benefit from a marathon of chargeable hours as the firm will provide all professional services for the Games, barring legal advice.
This will include advice on risk management, tax and commercial analysis and procurement. It has already been working on accounting, risk management and tax issues surrounding the Games village.
PwC managing partner in Melbourne, Andrew Hagger, said yesterday: ‘If I only had a dollar for every staff member who has shown an interest in working on this.’