Australia's long awaited report on auditor independence comes with no guarantees
Everyone's talking about auditor independence. Apart from the high profile company collapses that have recently catapulted the issue into the public spotlight, the ability of an accounting firm to perform an independent audit, while also providing other accounting, taxation and business consulting services, has long been recognized as a potential conflict of interest.In Australia, it's an issue that started receiving attention early in 2001, when the Federal Government commissioned what is
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