Grant Thornton Executive Joins AUASB
Merilyn Gwan has been appointed by the Australian Financial Reporting Council to the Auditing and Assurance Standards Board (AUASB), marking a significant move for Grant Thornton. As part of her role, Gwan will provide professional guidance and insights on Australian Auditing Standards, drawing from her extensive experience in assurance quality, regulatory interaction, and risk management. The appointment demonstrates Grant Thornton's commitment to good governance and transparency within its audit services.
- This development highlights the growing importance of industry participation in setting auditing standards, potentially leading to more effective regulation and better outcomes for stakeholders.
- How will the AUASB's composition and decision-making processes be influenced by the increasing presence of representative from large accounting firms like Grant Thornton?