Summary #4: The Effects of Internal Audit Outsourcing on Perceived External Auditor Independence

The accounting profession is attempting to redefine itself, in part by expanding the types of services it provides. This expansion of services has raised questions about whether CPA firms can maintain their independence and still provide an ever-increasing array of other types of services to audit clients. In this study we addressed financial statement user perceptions about CPA firms performing internal auditing outsourcing activities—an area in which CPAs are becoming increasingly involved

Appearances Are Important: Outsourced Internal Audit Services and the Perception of Auditor Independence

The appearance of independence is an important facet of the regulation of auditor independence. The authors conducted a research study to gauge how some financial statement users—loan officers—view and make decisions based on loan proposals that present various types of relationships between the applicant, the auditor that performs the external audit, and the auditor that performs the internal audit function (whether performed in-house or outsourced to the hypothetical loan applicant\u27s external auditor). The results are insightful: The closer the relationship between the external auditor and the audit client, the higher the perception of inappropriateness, and the less likely the loan officer is to approve the application. The findings support the current direction of discussion about auditor independence rules, and the authors draw thoughtful conclusions about their study\u27s wider implications

Improper confirmation response : a suggestion / BEBR No. 428

Includes bibliographical references (leaf 21)

Quarterly Financial Reporting: A Test of Varying Forms of Auditor Association

187 p.Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 1978.U of I OnlyRestricted to the U of I community idenfinitely during batch ingest of legacy ETD

Auditor Independence: The Performance Of Consulting Engagements With Audit Clients

As the size and complexity of client information system needs have risen, CPA firms have found it necessary to co-contract with non-CPA firms as a means of efficiently providing services to clients. The increase in frequency of these engagements has raised concerns regarding the propriety of co-contracting with an audit client. The Securities and Exchange Commission has taken the position that co-contracting with audit clients is unacceptable because it impairs audit independence. Through a series of petitions, the Big Eight (now the Big Six) CPA firms have proposed certain safeguards in an effort to satisfy the SECs concerns. The purpose of this article is to (1) discuss independence issues related to CPA firms co-contracting with audit clients, (2) consider arguments both for and against the SEC stance which prohibits contracting between CPA firms and their audit clients, an d(3) consider possible regulatory responses from the SEC

Principles of auditing and other assurance services

xxxi, 827 p. ; 29 cm

Principles of Auditing & Other Assurance Services

Edisi ke-22 telah direvisi untuk menampilkan sifat audit dan profesi terkini, serta untuk memperbarui dan meningkatkan penyajian berbagai materi, antara lain: analisis data dan perangkat lunak audit umum, laporan audit, audit data analisis, dll. E-book ini akan membantu akademisi untuk mengikuti prinsip-prinsip dalam melakukan audit, baik internal maupun publik.xxxiii, 951 p. : ill