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Samuel’s big four fix: ban firms consulting to audit clients

Edmund Tadros
Edmund TadrosProfessional services editor

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Auditors should be banned from providing any type of consulting services to their audit clients and the corporate regulator should resume naming and shaming companies with poor audit quality, former competition watchdog Graeme Samuel says.

Mr Samuel also said the government should bring partnerships under federal corporate law to ensure firm executives have the same legal obligations as senior company leaders have under the Corporations Act.

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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

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    Original URL: https://www.afr.com/companies/professional-services/samuel-s-big-four-fix-ban-firms-consulting-to-audit-clients-20231211-p5eqph