Trump’s regulatory rollback reportedly puts $400 million in US audit fees at risk
The Financial Times reports that accounting firms are fighting an SEC proposal to loosen post-Enron rules that have generated substantial revenue for them.
TLDR
The Financial Times reports that Trump’s regulatory rollback puts $400 million in US audit fees at risk. Accounting firms are fighting an SEC proposal to loosen post-Enron rules, which the newspaper describes as having delivered a “revenue bonanza” for the firms.
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