TITLE

THE BIG FIVE BATTLE: CPAs and Non-CPAs Square Off on Auditor Independence

AUTHOR(S)
Ward, Gerald M.
PUB. DATE
July 1998
SOURCE
Financial Executive;Jul/Aug1998, Vol. 14 Issue 4, p32
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses auditor independence in the accounting profession from the perspectives of certified public accountants (CPA) and non-CPA firms. Owners of CPA firms specializing in financial services and information technology sectors argue that their companies are affected by CPA rules only when they are involved in CPA operations. American Express and Andersen Worldwide are concerned about state regulations for the attest and non-attest parts of their consulting businesses. The Independence Standards Board, U.S. Securities and Exchange Commission, and American Institute of Certified Public Accountants will be examining how rules are to be implemented in CPA and non-CPA firms.
ACCESSION #
11863027

 

Related Articles

  • Small FA Firms Face Tough Challenges, Hard Choices. Preston, Darrell // Bond Buyer;06/01/2000, Vol. 332 Issue 30903, p1 

    Reports on factors forcing small United States financial advisory firms to face the tough choice between expanding or focusing on niches. Growing regulatory and compliance pressures; Shrinking base of new bond issues; Projected increase in the number of small and mid-size firms looking to...

  • £9m deal gives IFAs further fee and FSCS subsidy.  // Money Marketing;9/19/2002, p2 

    Reports that financial advisers will continue to see their compensation scheme costs and regulatory fees subsidized by product providers in Great Britain. Analysis of major topics of interest; Effects on the financial services sector; Implications on personal financial advisers.

  • NEWSWATCH.  // Money Marketing;9/19/2002, p7 

    Reports on developments relevant to the financial advising sector of Great Britain as of September 19, 2002. Analysis of major topics of interest; Effects on the financial services sector; Implications on personal financial advisers.

  • INDEPENDENT VIEW. Byrne, Tony // Money Marketing;9/19/2002, p35 

    Comments on the impact of financial services reviews on the financial services sector of Great Britain. Analysis of major topics of interest; Effects on the financial services sector; Implications on personal financial advisers.

  • Life and soul of the party conference. Vaizey, Ed // Money Marketing;9/19/2002, p52 

    Comments on key issues relevant to the party conference season of the money marketing and financial advising sector of Great Britain in 2002. Analysis of major topics of interest; Effects on the financial services sector; Implications on personal financial advisers.

  • Consulting firm types can prove complementary. Greenwald, Judy // Business Insurance;03/15/99, Vol. 33 Issue 11, p3 

    Focuses on the competition and reciprocity between financial services firms and risk management consulting firms. Presentation of an idea of the rivalry between such types of firms; Key to the differences between the two types on non-brokerage consulting firms; Overview on the services offered...

  • Auditor Independence Rules. Barlas, Stephen // Strategic Finance;Mar2000, Vol. 81 Issue 9, p25 

    The article discusses the issue of auditor independence and what firms like the Public Oversight Board (POB) plan on doing in order to ensure that corporate policies reflect the needs of auditing firms. Another part of the POB's mission is to determine which auditing firms do not deserve to...

  • AS RELIANCE ON TECHNOLOGY GROWS STRONGER, INDUSTRY AND CONSULTANTS GROW EVER CLOSER. Conrad, Lee // Securities Industry News;06/12/2001 Supplement, Vol. 13 Issue 24, p30 

    Focuses on the importance of business partnership between financial services firm and consulting firms in the United States. Increase in the reliance of business firms on technology; Importance of regional integrity on the accomplishment of global success; Need to establish technology updates...

  • Starting Out Right.  // Practical Accountant;Aug2002, Vol. 35 Issue 8, p20 

    Presents a discussion on approaching the practice of financial planning as a business according to Phyllis Bernstein, president of Phyllis Bernstein Consulting Inc. Core values of financial planning; Services offered by accounting firms; Issues on professional liability.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics