The new guard at accountants' union CPA Australia has been picking up the pieces for a solid year since the very last keepers of Alex Malley's regime were blasted from its board.

An "independent" review led by a long-time associate of Malley's, Ian McPhee (who was appointed by those Malley allies before they pulled their parachute cords), made no meaningful findings against the organisation's captors – and certainly none advocating the pursuit of formal reproach or reparation of or from the Naked CEO and his accomplices.