The ‘big 4’ accounting firms often consult for the same clients they audit. Should that be allowed?
- Written by Helen Spiropoulos, Associate Professor, University of Technology Sydney
Public trust in the auditing profession is under intense pressure. A series of high-profile scandals, both in Australia and overseas, has severely damaged its reputation.
This week, Australia’s corporate watchdog – the Australian Securities and Investments Commission (ASIC) – put the entire sector on notice.
In a letter to...
