Ethics and Independence at the Heart of the Profession

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