Auditor Independence. Group Member: Lim Tien Ming 109738 Lim Yin Chern 109744 Khoh Saw Yoong 109812 Liew Wen Ying 109820. CONTENT. INTRODUCTION ISSUES CONCLUSION. Introduction.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Lim Tien Ming 109738
Lim Yin Chern 109744
Khoh Saw Yoong 109812
Liew Wen Ying 109820
Know how and why undue management influence, “guanxi” and how provision of non audit service to audit client will undermine auditor independence
Undue Management Influence On Auditors’ Independence
Management can influence the scope of work of both internal and external auditors.
3. CHANGING PRIORITIES
Do you think accounting firms should be banned from providing non-audit services to their clients?
-more understand the operations of the company
- “knowledge spillover”
- means that knowledge gained in the audit engagement , can be undertaken quickly and efficiently.
NAS provision > Audit
$27m > $25m