Over the past five years, Deloitte has faced multiple fines and sanctions across several countries for violations and misconduct in its auditing practices.(Image: Deloitte/ X profile) Show Quick Read Summary is AI Generated. Newsroom Reviewed

An embarrassing refund to the Australian government over an erroneous report produced using generative artificial intelligence has put global consultancy Deloitte's past run-ins with regulators under the spotlight.

Over the past five years, Deloitte has faced multiple fines and sanctions across several countries for violations and misconduct in its auditing practices. These penalties, imposed by regulators, highlight the challenges in maintaining compliance with professional standards across its global network.

This week, the company agreed to

See Full Page