Download Behind Closed Doors: What Company Audit Is Really About by V. Beattie, R. Brandt, S. Fearnley PDF

By V. Beattie, R. Brandt, S. Fearnley

This e-book is going "behind closed doorways" to discover the character of the connection among auditors and the finance administrators in significant indexed businesses. according to interviews with finance administrators and audited engagement companions of six enterprises, the ebook uncovers each side' perceptions of the way contentious and non-contentious concerns are resolved. New insights are supplied in regards to the workings of the audit procedure itself, how negotiation is performed, and the non-public relationships and stability of energy among the auditors and the board of administrators.

Show description

Read or Download Behind Closed Doors: What Company Audit Is Really About PDF

Similar managerial books

Triple Bottom Line Risk Management: Enhancing Profit, Environmental Performance, and Community Benefits

An cutting edge, new method of possibility overview and administration to help you discover numerous possibilities to your corporation If a company desires to be sustainable within the twenty-first century, it may concentrate on the continual advancements and power possibilities that chance administration bargains.

Recruiting, Retaining and Releasing People. Managing redeployment, return, retirement and redundancy

The larger a part of an HR finances is spent on recruitment and keeping solid humans is essential to a company's good fortune. This e-book comprises crucial and up to date fabric round recruitment and retention together with these concerns which are at present urgent on businesses in regards to flexibilty, returning to paintings, training and talents shortages.

Accounting, Finance, and Taxation in the Gulf Countries

This booklet specializes in how multinational businesses can plan and deal with their foreign enterprise within the Gulf international locations. very important problems with accounting, auditing, finance, taxation, advertising, and managerial concerns are coated in all the chosen Gulf international locations.

Extra info for Behind Closed Doors: What Company Audit Is Really About

Sample text

However it provides a valuable theoretical framework which informs the rigorous analysis of the six case studies presented in this book. 2 THE REGULATORY DILEMMA: CREATIVE COMPLIANCE In the UK, a mixture of state and self-regulation governs accounting, although the emphasis is on self-regulation (with state oversight) by the profession. This basis of regulation was reviewed in the late 1980s in the Dearing Report (CCAB, 1988) and again in the late 1990s (DTI, 1998). Both times, a broadly self-regulatory approach has been confirmed.

Finally, the study by Pearson (1987) is, to the best of our knowledge, unique, in that he uses a mail questionnaire to investigate actual independence impairment directly. The responses of 120 practising Certified Public Accountants (CPAs) were obtained using a randomised response technique to ensure anonymity. The percentages of respondents admitting to at least one act of ‘auditing by conversation’, pursuing engagements without the necessary expertise, and agreeing to inappropriate client requests/demands were 30 per cent, 22 per cent, and 10 per cent, respectively, suggesting that independence is compromised in a significant number of cases.

5 OUTLINE OF BOOK This book has been organised in three parts, as follows: Part I comprises Chapters 1 to 3. Chapter 1 provides an introduction and background to the accounting regulatory framework in the UK. Chapter 2 reviews the relevant academic literature relating to the auditor–client relationship. Specific areas covered include the regulatory dilemma of creative compliance, the auditor–client company relationship, the demand for audit, audit quality, audit quality attributes, buyer types, the role of commitment, auditor independence; second partner review, corporate governance and audit committees, and the audit effectiveness.

Download PDF sample

Rated 4.18 of 5 – based on 38 votes