- The accounting community is saddened to learn of the passing of Board of Taxation chair Michael Andrew AO FCA.
- Andrew was a prominent Australian chartered accountant and former global CEO and chairman of KPMG.
- He will be remembered for his outstanding contribution to improving Australia’s tax system.
Michael Andrew AO FCA.
Chartered Accountants Australia and New Zealand (CA ANZ) CEO Rick Ellis said that Mr Andrew’s contribution to the accounting profession and reforming Australia’s tax laws was outstanding.
“In his most recent role as chair of the Board of Taxation, Michael worked tirelessly to provide government with both a business and community perspective on how Australia’s tax laws could be improved.”
“As an example of his dedication, as chair of the Black Economy Taskforce, Michael worked on a pro bono basis to meet with and understand the concerns of sole traders and businesses, professionals and regulatory bodies.
“With many of the taskforce’s recommendations implemented, many Australians and community groups will benefit from Michael’s commitment to building fairness and equity into the Australian tax and welfare system for many years to come.”
Andrew became a fellow of CA ANZ in 2006 and held leadership roles at KPMG in Australia, the Asia-Pacific and in the firm’s International Tax Centre. In 2011, he was appointed KPMG’s global chair and CEO. He remains the only Australian to have led one of the Big Four accounting firms globally.
After retiring from KPMG Andrew was appointed chair of Australia’s Board of Taxation in 2015. He was also chair of the Australian B20 Working Group on Anti-Corruption and Transparency and its Global CEO Forum and a former member of the Business Council of Australia and the International Business Council of the World Economic Forum.
In 2018, Michael Andrew AO FCA spoke to Acuity about his work taking on the black economy.