Ethics and Professional Accountability: Structural Challenges in the Audit, Assurance and Consultancy Industry
AUSTRALIA, June 28 - On 22 June 2023, the Parliamentary Joint Committee on Corporations and Financial Services resolved to commence an inquiry into recent allegations of and responses to misconduct in the Australian operations of the major accounting, audit, and consultancy firms (including but not exclusive to the ‘Big Four’).
The committee called for written submissions by 31 August 2023. However, the committee is able to consider submissions received after that date.
In addition to receiving public submissions (where a submission is published on the inquiry website along with the submitter’s name) the committee is also able to receive submissions on a ‘name withheld’ or confidential basis. Further information to assist in the preparation of submissions is available here.
The committee intends to report to the Parliament by mid-2024.
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