Perceptions of Auditor Independence: an Analysis of Views Before and After the Collapse of Enron

CPAs Perceptions of Auditor Independence: An compendium of Views Before and After the reach of Enron

Deborah L. Lindberg, D.B.A. Associate Professor Department of Accounting Illinois reconcile University forthright D. Beck, Ph.D. Assistant Professor Department of Sociology & Anthropology Illinois State University November 2002

Direct alone correspondence to: Deborah L. Lindberg, Illinois State University, College of Business, Department of Accounting, Campus Box 5520, Normal, IL, USA 61790-5520; hollo: (309) 438-7166; Fax: (309) 438-8431; E-mail: dllindb@ilstu.edu. The authors are grateful for fiscal obligate from the American Accounting Association and Illinois State University; research weather from the Illinois Society of Certified Public Accountants; helpful comments and suggestion from Dr. Dennis clog dancing on an earlier draft of this manuscript; and work performed by Illinois State University Research Assistants Vicki Lavery, Nick Nourse, Glen Steiner, Laura Vahling, and Yan Zheng.

CPAs Perceptions of Auditor Independence: An Analysis of Views Before and After the Collapse of Enron

Deborah L. Lindberg Illinois State University Frank D.



Beck Illinois State University ABSTRACT: Auditor independence helps to ensure quality audits and contributes to financial statement users reliance on the financial reporting process, therefore increasing capital market efficiency (McGrath, Siegel, Dunfee, Glazer & Jaenicke 2001). Hence, attender independence is often referred to as the cornerstone of the auditing profession, since it is the foundation for the universes trust in the attest function (Caswell & Allen 2001; The economic expert February 9, 2002). By contrast, Byrnes, McNamee, Brady, Lavelle & Palmeri (2002) and many others (e.g., Greising 2002; The Economist January 19, 2002; The Economist February 9, 2002) have utter that the collapse of Enron has had a very negative impact on the perception of auditor independence. However, we do not need to assert on anecdotal evidence to...If you want to get a full essay, order it on our website: Orderessay



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