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
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Khaya Sithole | Regulating rogues – the watchdog's eternal dilemma | BusinessOPINION | While it's necessary to increase penalties for errant auditors to deter misconduct and ultimately strengthen the industry, steeper fines present a fresh set of challenges in terms of implementation, says CoruscaKhaya.
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