Huge hikes in auditor fines may deal body blow to already shrinking profession, experts warn | Business

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Experts warn that massive new fines for auditors found guilty of misconduct could have unintended consequences, including wiping out the lower and independent tiers of the profession. | News24_Business

Drastically increasing the maximum punitive fines that can be levied against auditors for misconduct in the execution of their duties could wipe out the lower and independent tiers of the auditing industry, ultimately

shrinking the profession.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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