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Even if tougher rules are brought in, Australia’s corporate watchdog will need far more resources to properly audit the auditors.
Some have argued the risks of conflict of interest are too high, but our research suggests the answer is not so clear-cut.
Firms are taking big bets on the technology’s potential to transform consulting work. But they shouldn’t lose sight of the unique value humans can bring.
There’s growing concern about the potential for conflicts of interest and undue influence on public health policy.
Since the beginning of the pandemic, governments in Canada have spent hundreds of millions of dollars on outside consulting firms like McKinsey, Deloitte and EY with almost no public oversight.
Behind the corporations legally avoiding paying tax are the big four accounting firms, helping them avoid transparency.
The revenue of Australia’s Big Four accounting firms has come under pressure as demand for traditional services such as auditing weakens. But a move into strategic consulting and the potential for more…






