Value for money: Nor Azimah says audit must be purpose-driven and market-driven and there must be value to what companies are paying for. — Bernama
With audit exemption here to stay, small accounting firms must change.
NOW that the Companies Act 2016 exempts certain private companies – mainly dormant and small ones – from having to appoint auditors, the audit industry should rise to the challenge by finding other ways to remain relevant to the SME sector.
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