ASIC can do a deeper dive into accounting firm compliance with independence rules. It has to in my view, but greater funds and resources need to be provided so this concept can fly otherwise anything that is done will be piecemeal and insufficient.

One ASIC review that can be done to keep accounting firms on their toes and provide assurance to the community that people are meeting indepednence requirements

Vulture City: How our bankers got rich on swindle takes a deep dive into a series of case studies from the transcripts, exhibits and reports of the Hayne royal commission. Investigative journalist Tom Ravlic casts his forensic eye over the financial wreckage and explains -  in the book and this podcast - why some people choose to behave badly, enrich themselves and hurt others in the process.

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Vulture City: How our bankers got rich on swindle takes a deep dive into a series of case studies from the transcripts, exhibits and reports of the Hayne royal commission. Investigative journalist Tom Ravlic casts his forensic eye over the financial wreckage and explains - in the book and this podcast - why some people choose to behave badly, enrich themselves and hurt others in the process.

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One ASIC review that can be done to keep accounting firms on their toes and provide assurance to the community that people are meeting indepednence requirements

One ASIC review that can be done to keep accounting firms on their toes and provide assurance to the community that people are meeting indepednence requirements