Spill a few beans

Article Abstract:

The audit firms must become more open about their own finances so as to restore public confidence, in financial reporting. Introduction of ethical codes, greater emphasis on financial management and controls, improving board overview of management and increasing audit effectiveness through quality controls are some of the audit recommendations for the companies.

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Beans means Haines

Article Abstract:

A bean counter is a derogative term to describe an accountant and is the device that the firm uses to attract clients. Haines Norton, which has offices in five of Australia's capital and a head office in Sydney, makes use of the Sarbanes-Oxley Act, that auditors can offer their clients.

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Movers and shake-outs: as the big firms sort out their poll positions, all the rest are struggling with strategies for growth

Article Abstract:

The intense competition, deal-making and reshaping of the accounting profession in Australia, and the top ten accounting firms are listed. The analysis on these accounting firms reveals that most of the high-growth firms do not expect to easily maintain their growth rate.

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