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Mr K Moloto (ANC) questioned the Bill's implications for Small Medium and Micro Enterprises (SMMEs) and further asked if they would be able to afford the costs of extensive audits.
Mr K Moloto (ANC) asked if it was possible to legally define the term conflict of interest. Mr F Nomvalo replied that the Bill did not specifically outline the concept ...
Mr K Moloto (ANC) asked whether firms that provide both auditing and non-auditing services within a single corporate entity would have to separate their activities into different entities.