A proposed framework emphasizing auditor reliability over auditor independence

Accounting Horizons

Volumn 17, Issue 3, 2003, Pages 257-266

  Taylor, Mark H ^a   DeZoort, F Todd ^b   Munn, Edward ^c   Thomas, Martha Wetterhall ^c  

^a CREIGHTON UNIVERSITY   (United States)

^b UNIVERSITY OF ALABAMA   (United States)

^c UNIVERSITY OF SOUTH CAROLINA   (United States)

Author keywords

Auditor independence; Expertise; Integrity; Objectivity; Reliability

Indexed keywords

EID: 4444273392     PISSN: 08887993     EISSN: 15587975     Source Type: Journal    
DOI: 10.2308/acch.2003.17.3.257     Document Type: Note

References (28)

1. American Institute of Certified Public Accountants (AICPA). 2001. AICPA Plain English Guide to Independence. Available at: http://www.aicpa.org/members/div/ethics/plaineng.htm. New York, NY: AICPA.
2. American Institute of Certified Public Accountants (AICPA). 2002a. Code of Professional Conduct. New York, NY: AICPA.
3. American Institute of Certified Public Accountants (AICPA). 2002b. Professional Standards. New York, NY: ACIPA.
4. Arens, A. A., R. J. Elder, and M. S. Beasley. 2003. Auditing and Assurance Services. Ninth edition. Upper Saddle River, NJ: Prentice Hall.
5. Arkes, H. T., and K. R. Hammond. 1986. Judgment and Decision Making: An Interdisciplinary Reader. New York, NY: Cambridge University Press.
6. Bazerman, M. H., K. P. Morgan, and G. Loewenstein. 1997. The impossibility of auditor independence. Sloan Management Review (Summer): 89-94.
7. Bazerman, M. H., K. P. Morgan, and G. Loewenstein, G. Loewenstein, and D. Moore. 2002. Why good accountants do bad audits. Harvard Business Review (November): 97-102.
8. Benn, P. 1998. The objectivity of morality. Ethics. Montreal, Canada: McGill-Queens University Press. Independence Education Project. 2000. Faculty Tool Kit. IEP.
9. Independence Standards Board (ISB). 2000. Statement of Independence Concepts: A Conceptual Framework for Auditor Independence. Exposure Draft. New York, NY: Independence Standards Board.
10. Institute of Internal Auditors (IIA). 2001. IIA Professional Practices Framework. Altamonte Springs, FL: IIA.
11. International Federation of Accountants (IFAC). 2000. Technical Pronouncements: Ethics and International Standards on Auditing. New York, NY: IFAC.
12. International Federation of Accountants (IFAC). 2001. Code of Ethics and Statement of Policy Implementation and Enforcement of Ethical Requirements. New York, NY: IFAC.
13. Johnstone, K., M. Sutton, and T. Warfield. 2001. Antecedents and consequences of independence risk: Frame-work for analysis. Accounting Horizons 15 (March): 1-18.
14. Kinney, W. R. 1999. Auditor independence: A burdensome constraint or core value? Accounting Horizons 13 (March): 69-75.
15. Largay, J. A. 2002. Lessons from Enron. Accounting Horizons 16 (June): 153-156.
16. MacDonald, E., and M. Schroeder. 2000. Report by SEC says Pricewaterhouse violated rules on conflicts of interest. Wall Street Journal (January 7): A3.
17. Martin, M. W., and R. Schinzinger. 1996. Ethics in Engineering. Third edition. New York, NY: McGraw-Hill.
18. Mautz, R. K., and H. A. Sharaf. 1961. The Philosophy of Auditing. Sarasota, FL: American Accounting Association.
19. Messick, D. M., and K. P. Sentis. 1979. Fairness and preference. Journal of Experimental Social Psychology (15): 418-434.
20. Messick, D. M., and K. P. Sentis. 1995. Equality, fairness, and social conflict. Social Justice Research (8): 153-173.
21. Messier, W. F. 2003. Auditing and Assurance Services: A Systematic Approach. Third edition. New York, NY: McGraw-Hill/Irwin.
22. Nagel, T. 1970. The Possibility of Altruism. Oxford, U.K.: Clarendon Press.
23. Nagel, T. 1979. Subjective and Objective: Mortal Questions. New York, NY: Cambridge University Press.
24. Nagel, T. 1986. The View from Nowhere. New York, NY: Oxford University Press.
25. Palmrose, Z-V. 2000. Empirical Research in Auditor Litigation: Considerations and Data. Studies in Ac-counting Research #33. Sarasota, FL: American Accounting Association.
26. Public Oversight Board (POB). 2000. The Panel on Audit Effectiveness: Report and Recommendations. Stamford, CT: POB.
27. Securities and Exchange Commission (SEC). 2001. Final Rule: Revision of the Commission's Auditor Independence Requirements. Washington, D.C.: SEC.
28. U.S. General Accounting Office (GAO). 2002. Independence. Government Auditing Standards: Amendment No. 3. Washington, D.C.: GAO.