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Professional Services
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Aussie Parliament recommends clampdown on accounting firms

The report is from the second inquiry into the industry after the PwC tax leaks scandal.

Auditors would be banned from doing non-audit work for clients.

Major accounting firms in Australia would be limited to a maximum of 400 partners, and audit and non-audit functions would be separated if the recommendations of a parliamentary committee were to become law.

The joint party committee brought down its final report yesterday and also recommended the

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Lachlan Colquhoun Fri, 08 Nov 2024
Contact the Writer: lachlan@nbr.co.nz
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Aussie Parliament recommends clampdown on accounting firms
Professional Services,
106633
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