Opinion
Consulting firm fixes are impractical and an overreach
More importantly, they are not necessary to correct a deficiency in the regulation of delinquent behaviour, says former ACCC chairman Graeme Samuel.
Graeme SamuelContributorTreasury has issued an insightful consultation paper seeking the views of stakeholders on the regulation of accounting, auditing and consulting firms in Australia.
At the same time, the parliamentary joint committee on corporations and financial services’ inquiry into “ethics and professional accountability: structural challenges in the audit, assurance and consultancy industry” is scheduled soon to issue a report on its findings.
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