The consulting arms of the big four firms should be regulated like their auditing and tax divisions, according to the accounting industry’s ethics body.
The Accounting Professional & Ethical Standards Board also warned that the corporate regulator’s decision to wind back its audit inspection program could hurt audit quality over time.
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Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Connect with Edmund on Twitter. Email Edmund at edmundtadros@afr.com.au
