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

  • 📰 News24
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 80%

Sverige Nyheter Nyheter

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 4. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

All Mashatile's men: the advisors behind the scenes | BusinessDeputy President Paul Mashatile is a newcomer to the West Wing of the Union Buildings. politicsblahbla looks at who he brought with him.
Källa: News24 - 🏆 4. / 80 Läs mer »

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.
Källa: News24 - 🏆 4. / 80 Läs mer »

Fate of community health workers uncertain amid battle over minimum wage, working conditions | BusinessGovernment is looking at setting a minimum wage and working conditions for community health workers - this as rolling out NHI will rely heavily on well-trained CHW teams to deliver primary healthcare in areas with poor access to clinics or hospitals.
Källa: News24 - 🏆 4. / 80 Läs mer »