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Former ASIC chair warns of potential for major corporate failures

Aug 07, 2019 - Marketline Newswire

Former Australian Securities and Investments Commission (ASIC) chair Greg Medcraft has warned that growing conflicts of interest in auditing could lead to major corporate collapses.

Former Australian Securities and Investments Commission (ASIC) chair Greg Medcraft has warned that growing conflicts of interest in auditing could lead to major corporate collapses. In a television interview with ABC in Australia, Medcraft warned that poor auditing standards could lead to corporate failures on ...