CPA Australia CEO Chris Freeland has commented on the implications of a recent Australian Securities and Investments Commission (ASIC) report that scrutinised auditor adherence to independence and conflict of interest rules as stipulated by the Corporations Act 2001. The report should be viewed as a catalyst for positive change within the audit industry, according to Freeland. It focused on the compliance of Registered Company Auditors (RCAs) and Authorised Audit Companies with the Corporations Act 2001. ...