Original article by Michael Roddan
The Australian – Page: 1 & 2 : 10-Sep-19

Confidential audit inspection reports obtained under freedom of information laws reveal the Australian Securities & Investments Commission’s concern about the quality of audits being undertaken by the major accounting firms. ASIC has been trying to restore investor faith in the quality of financial reports over the past year, due to concerns that a decline in the quality of auditing could contribute to damaging company collapses. The release of the reports comes as the major accounting firms face parliamentary scrutiny over a range of issues, including poor quality audits and conflicts of interest

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