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auditor independnece
Introduction Auditors play an important role in the ensuring the integrity and reliability of the financial statement for public companies. Recently (in the United Sates especially) the independence and objectivity of auditors has been a major concern, and has been brought to the forefront. A new rule was then proposed to deal with these concerns. This eventually led to the adoption of new requirements that must be followed by auditors in the United States. Many
SEC Speech. USA. October 24, 2000. Prawitt, Douglas. “An update on Auditor Independence”. The Auditor’s Report. Winter 2000. Vol.23 #2. United States, SEC Fact Sheet: The Commission’s Proposal To Modernize the Rules Governing the Independence of the Accounting Profession. . 2000 United States, SEC, Revision of the Commission’s Auditor Independence Requirements. 2000. Walker, Richard. “Auditor independence: The issues.” The CPA Journal. May 1999. Websites Visited www.sec.gov www.cica.ca www.accounting.rutgers.edu/raw/fasb/ www.cpaindependence.org/

