Question: . Explain how each submission responded to terms of reference 5. . Discuss and explain whether the responses by Deloitte, EY and KPMG were consistent

. Explain how each submission responded to terms of reference 5. . Discuss and explain whether the responses by Deloitte, EY and KPMG were consistent with either public interest theory and f or capture theory . Discuss and explain whether the submissions by the APESB and ASIC were consistent with the arguments in favour of the regulation of accounting or the \"free market\" approach which argues for less regulation

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