Audit inspection findings for 2017-18

ASIC today issued a report on the results from its audit firm inspections for the period 1 January 2017 to 30 June 2018. ASIC conducted inspections of 20 Australian audit firms of varying sizes. In 24% of the total 347 key audit areas that ASIC reviewed across 98 audit files, auditors did not, in our …

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