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Which of the following is true regarding the recommendations of the Parliamentary Joint Committee on Corporations and Financial Services (PJCCF) inquiry into the Regulation of

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Which of the following is true regarding the recommendations of the Parliamentary Joint Committee on Corporations and Financial Services (PJCCF) inquiry into the Regulation of Auditing in Australia? a. The PJCCF recommended that the non-audit services performed by audit firms should be severely restricted further, but the dissenting view was that non-audit services are highly valued by clients and therefore should not be restricted further O b. The PJCCF recommended that both managers and auditors should increase reporting in relation to internal controls O c. The PJCCF recommended that audit firms should rotate every 10 years d. The PJCCF recommended that ASIC individual firm inspection reports should be confidential

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