"This is a significant chapter in the commission's and the profession's efforts to reinforce the importance of auditor independence," Arthur Levitt, the S.E.C. chairman, said in a statement.
PricewaterhouseCoopers Roadmap for an IPO guide, for example, stresses the importance of auditor independence, mentioning it five times.
We report large sample evidence on the importance of auditor choice to the ex ante cost of capital for public firms from 37 countries.
In spite of these limitations, the findings of this paper provide new insights into the role of individual auditors both for academics and practitioners and emphasize the importance of regarding individual auditors as an additional party to corporate tax reporting.
Not unlike the "Florida chad".TERENCE SWAINEKirkland, WashingtonIndependent auditSIR On few matters has more professional humbug been written than on the importance for auditors, and particularly those who are partners of the larger firms, to maintain their independence when serving their clients ("Keeping auditors independent", November 18th).
pointed out the importance of having an independent auditor for Trump's business, Mnuchin said he was optimistic that Trump would release more information on the arrangement, even though the president-elect has declined to release even his tax returns.
The measure of balance time and corporate governance (CG) attitude were used as the dependent variables, measures of auditors' attitude toward marketing activities, Auditor's view on the importance of marketing activities, as well as other known control variables from literature were used as the independent variables.
The threshold (gamma ) can be set by auditors against the importance of business, that evaluates the potentially damage in case an attack occurs.
The bank's annual report and accounts, issued on Friday, after two delays, showed a £1.3bn loss and contained a "going concern" warning from its auditors, KPMG, to demonstrate the importance of raising the extra cash.
Taken together, the results of our two experiments highlight the importance of perspective taking as a means to enhance auditors' performance in strategic interactions with managers.
"The very fact that Timothy Rigas, a family member, was on the audit committee demonstrates that the board was not giving the auditors the right signal about the importance of independent oversight," she added.
