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The Times

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...

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