We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Auditor Independence: A BIT MORE ROPE.
- Authors
Rockness, Joanne; Ivancevich, Susan; Keaveny, Thomas
- Abstract
This article reviews the impact of increased regulatory scrutiny on the accounting industry by the U.S. Securities & Exchange Commission. Chairman Arthur Levitt contends that the accuracy and objectivity of financial statements is vital to the integrity of financial markets. To ensure this he proposed strict rules regarding auditor independence. The SEC wants to clearly distinguish auditing responsibilities from connections to a firm's management structure, preventing any potential conflict of interests.
- Subjects
UNITED States; AUDITOR-client relationships; INTERNAL auditing; AUDITING of corporations; FINANCIAL markets; PROFESSIONAL ethics; GOVERNMENT accounting; AUDITING laws
- Publication
Financial Executive, 2001, Vol 17, Issue 1, p18
- ISSN
0895-4186
- Publication type
Article