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Show Notes
Mohammad Faiz Azmi, Executive Chairman of PwC joins us on the breakfast grille to discuss:
- close scrutiny by the public of the conduct within the profession
- the public trust deficit and ethical standards
- "rules based" versus "principles based" approach to accounting standards
- convergence of Malaysian standards to International reporting standards
- corporate governance in Malaysian entities
- the Big Four and competitiveness
- independence of an auditor receiving a fee from its clients
- chinese walls in accounting firms
- proposals to force companies to change auditors every few years
- why the Malaysian Accounting Standards Board answers to the Minister of Finance
- Trans Pacific Partnership agreement
- the AEC and whether it will come into being
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