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Medcraft slams audit quality of big four

The quality of Australian corporate audits is appalling and getting worse, potentially leading to an Enron-style corporate collapse, according to corporate regulator Greg Medcraft.

Medcraft slams audit quality of big four
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  • Shared by Australian Financial Review
  • November 01, 2017
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As a result, government intervention in the audit market – assigning auditors to jobs and setting the fees they can charge – should be seriously considered, the outgoing chairman of the Australian Securities and Investments Commission said.

Read the full article on the Australian Financial Review.

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