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A critical appraisal of assurance services development in Australia
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This paper appraises the development of assurance services in Australia and discusses the differences between assurance and consulting services. This is an issue of mounting importance as accounting firms consider separating their assurance and consulting activities into separate entities. The advantages and disadvantages of the profession being involved in the development and promotion of these services are debated, as are the risks of extending practice into non-traditional assurance products. The paper considers whether the profession is choosing the correct assurance services to promote, ...
