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This used to happen in the US as well. Remember Arthur Andersen? They provided auditing as well as consultancy - and the scandals (not sure if it was Enron) bro
by gautamdivgi 9y ago
This used to happen in the US as well. Remember Arthur Andersen? They provided auditing as well as consultancy - and the scandals (not sure if it was Enron) broke them. Memory fails me at the moment to recollect if a law was passed to keep those functions separate.
- khuey 9y agoSarbanes Oxley (the post-Enron law) put a lot of restrictions on what non-auditing services an auditor can provide a client.