Independent Accounts, Volume 12: The Possibilities for Auditor Independence in the Age of Financial Scandal (Advances in Public Interest Accounting) (Advances ... (Advances in Public Interest Accounting)

185 Pages·2006·2.81 MB·English

by  R Lehman

INDEPENDENT ACCOUNTS: THE
POSSIBILITIES FOR AUDITOR
INDEPENDENCE IN THE AGE OF
FINANCIAL SCANDAL
ADVANCES IN PUBLIC INTEREST
ACCOUNTING
Series Editor: Cheryl R. Lehman
Volume 1: 1986
Volume 2: 1987
Volume 3: 1990
Volume 4: 1991
Volume 5: 1993
Volume 6: 1995
Volume 7: 1998
Volume 8: 2001 Advances in Accountability: Regulation,
Research, Gender and Justice
Volume 9: 2002 Mirrors and Prisms: Interrogating
Accounting
Volume 10: 2005 Re-inventing Realities
Volume 11: 2005 Corporate Governance: Does Any Size Fit?
ADVANCES IN PUBLIC INTEREST ACCOUNTING
VOLUME 12
INDEPENDENT
ACCOUNTS: THE
POSSIBILITIES FOR
AUDITOR
INDEPENDENCE IN THE
AGE OF FINANCIAL
SCANDAL
EDITED BY
CHERYL R. LEHMAN
Hofstra University, New York, USA
Amsterdam – Boston – Heidelberg – London – New York – Oxford
Paris – San Diego – San Francisco – Singapore – Sydney – Tokyo
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CONTENTS
LIST OF CONTRIBUTORS vii
LIST OF REVIEWERS ix
EDITORIAL BOARD xi
AUDITOR AND AUDIT INDEPENDENCE IN AN AGE
OF FINANCIAL SCANDALS
David J.Cooper and Dean Neu 1
THE CONTESTED CONCEPT OF AUDITOR
INDEPENDENCE
C.Richard Baker 17
INTEGRITY, AUDITOR INDEPENDENCE, AND THE
PROTECTION OF INVESTORS
James C.Gaa 27
EXAMINING AUDIT RELATIONS: A
RECONSIDERATION OF AUDITOR INDEPENDENCE
Joni J.Young 49
AUDITOR INDEPENDENCE AND NONAUDIT
SERVICES: THE SEC’S INDEPENDENCE HEARINGS
THROUGH A USER-PRIMACY LENS
John M.Thornton 67
v
vi CONTENTS
POLITICS AND THE PUBLIC ACCOUNTING
PROFESSION IN THE U.S.: IMPLICATIONS FOR THE
FEDERAL REGULATION OF AUDITING AND
FINANCIAL REPORTING
Robin W.Roberts 85
REFORMING AUDITOR INDEPENDENCE: VOICING
AND ACTING UPON AUDITORS’ CONCERNS AND
CRITICISMS
Yves Gendron 103
THE CHANGING NATURE OF ACCOUNTING
VIRTUES
Jeff Everett and Duncan Green 119
ON THE (IM)POSSIBILITY OF AUDITOR
INDEPENDENCE: INSIGHTS FROM CENTRAL AND
EASTERN EUROPE
Katarzyna Kosmala and Pat Sucher 133
INDEPENDENCE AND COMPETENCE? A CRITICAL
QUESTIONING OF AUDITING
Christopher Humphrey, Peter Moizer and Stuart Turley 149
LIST OF CONTRIBUTORS
C. Richard Baker School of Business, Adelphi University,
Garden City, NY, USA
David J. Cooper School of Business, University of Alberta,
Canada
Jeff Everett Haskayne School of Business, University
of Calgary, Canada
James C. Gaa School of Business, University of Alberta,
Canada
Yves Gendron E´cole de Comptabilite´, Universite´ Laval,
Canada
Duncan Green Haskayne School of Business, University
of Calgary, Canada
Christopher Humphrey ManchesterAccountingandFinanceGroup
(MAFG), Manchester Business School,
England
Katarzyna Kosmala School of Management and Languages,
Heriot-Watt University, UK
Peter Moizer Leeds University Business School, The
University of Leeds, UK
Dean Neu Haskayne School of Business,
University of Calgary, Canada
Robin W. Roberts College of Business Administration,
University of Central Florida, Orlando,
FL, USA
Pat Sucher Royal Holloway, University of London,
UK
vii
viii LIST OFCONTRIBUTORS
John M. Thornton Department of Accounting,
College of Business,
Washington State University, Richland,
WA, USA
Stuart Turley ManchesterAccountingandFinanceGroup
(MAFG), Manchester Business School,
UK
Joni J. Young Anderson Schools of Management,
University of New Mexico, Albuquerque,
NM, USA
LIST OF REVIEWERS
C. Richard Baker Peter Moizer
Adelphi University The University of Leeds
David J. Cooper Dean Neu
University of Alberta University of Calgary
Jeff Everett Robin W. Roberts
University of Calgary University of Central Florida
James C. Gaa Pat Sucher
University of Alberta Royal Holloway – University of
London
Yves Gendron
University of Alberta John M. Thornton
Washington State University
Duncan Green
University of Calgary Stuart Turley
Manchester Business School
Christopher Humphrey
Manchester Business School Joni J. Young
University of New Mexico
Katarzyna Kosmala
Heriot-Watt University
ix