That is not quite true, Thomas.
The big 4 as well as second tier accounting and auditing firms offer a range of services - auditing, advisory, tax etc.
The problem occurs when a firm offers more than one type of service simultaneously to the same client, and the corporate veil is in danger of being pierced.

This is what sunk Arthur Andersen.

If the story is correct, it is very difficult to understand how the wedding expenses were adjudged to be expenses incurred in the generation of income, and how "Accurate"were not deemed to be a related party.

Remember that the bulk of the audit work is done by first and second year articled clerks earning R50 per hour, and is charged out at ??? per hour - R1,200+???

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