Protectionism in public accounting and auditing services

In both developing and developed countries, regulations curtail the right of foreign professional accountants to practice locally, or even completely prohibit them from doing so. Audits may have to be supervised by locally registered, qualified accountants. Foreigners may be required to possess the requisite professional degree from a local university, or pass a special examination, as well as be a member of a local professional body.
(D) Detailed problems