The Ethics of Professional Skepticism in Public Accounting: how the Auditor-client Relationship Impacts Objectivity
Author | : Luz Cabrera-Frias |
Publisher | : |
Total Pages | : 188 |
Release | : 2012 |
ISBN-10 | : OCLC:867151402 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book The Ethics of Professional Skepticism in Public Accounting: how the Auditor-client Relationship Impacts Objectivity written by Luz Cabrera-Frias and published by . This book was released on 2012 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: The public accounting industry is most critically defined by the relationship between auditor and client. Historically, the investing public has relied upon audited financial statements when making investment decisions and they have leaned on the accounting profession to confirm the accuracy and completeness of this financial information. As a result, external auditors are perceived as the "gatekeepers" in protection of the investing public.