One in five audits lack basis for giving financial reports the all-clear, ASIC finds
Financial Services 2019-01-24 9:50 pm By Christine Caulfield | Melbourne
Please login to bookmark Close

The Australian Securities and Investments Commission has called for the big accounting firms to focus on “culture and talent” after a new report found one in five audits had no reasonable basis for clearing company financial reports of material misstatements.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

For information on rights and reprints, contact subscriptions@lawyerly.com.au