Companies and Securities Law

Companies and Securities LawPart 2The role of auditors in the HIH Collapse and other business collapses: Summarise from thefollowing (300 words):IV.INDEPENDENCE OF AUSTRALIAN COMPANY AUDITORS, Review of Current AustralianRequirements and Proposals for Reform (The Ramsay Report) (2001)CLERP Paper No. 9_Proposals for Reform ? Corporate DisclosureGregor Allan, "The HIH Collapse-A Costly Catalyst for Reform" (2006) 11 Deakin L Rev 137Larelle Chapple and Boyce Koh, "Regulatory responses to auditor independence dilemmas ? whotakes the stronger line?" (2007) 21 Australian Journal of Corporate Law 1The Regulatory/legislative response: Summarise the provisions that were enacted asamendments to the Corporations Act and the rationale (600 words):V.Corporate Law Economic Reform Program (Audit Reform and Corporate Disclosure) Act 2004Corporate Law Economic Reform Program (Audit Reform and Corporate Disclosure) Bill 2003 FirstReading SpeechCorporate Law Economic Reform Program (Audit Reform and Corporate Disclosure) Bill 2003Explanatory MemorandumCorporate Law Economic Reform Program (Audit Reform and Corporate Disclosure) Bill 2003Supplementary EMnote: you can also make use of material from Part IVReview of the Regulatory/legislative response: Summarise the provisions that were enacted asfurther amendments to the Corporations Act and the rationale (300 words):VI.Corporations Legislation Amendment (Audit Enhancement) Act 2012Corporations Legislation Amendment (Audit Enhancement) Bill 2012 First ReadingCorporations Legislation Amendment (Audit Enhancement) Bill 2012 Explanatory Memorandumnote: you can also make use of material from Part IV and also this Report: The Treasury,Australian Auditor Independence Requirements ? A Comparative Review (2006)

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