Auditor independence threats and factors affecting independence
In various professional standards and regulations, the accounting profession has generally described independence as a lack of specific interests and relationships that are presumed to affect auditor objectivity. An auditor must be watchful to any harmful impacts on his planning, investigation, or r...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Blue Eyes Intelligence Engineering & Sciences Publication
2019
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| Subjects: | |
| Online Access: | http://eprints.utm.my/88703/1/MohdNorfianAlifiah2019_AuditorIndependenceThreatsandFactorsAffecting.pdf |
| _version_ | 1796864682568450048 |
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| author | Wakil, Gana Kafiya Alifiah, Mohd Norfian Tijjani, Alhaji Ali |
| author_facet | Wakil, Gana Kafiya Alifiah, Mohd Norfian Tijjani, Alhaji Ali |
| author_sort | Wakil, Gana Kafiya |
| collection | ePrints |
| description | In various professional standards and regulations, the accounting profession has generally described independence as a lack of specific interests and relationships that are presumed to affect auditor objectivity. An auditor must be watchful to any harmful impacts on his planning, investigation, or reporting to preserve independence under the numerous pressures from clients. This article reviews auditor independence literature and factors affecting independence in order to determine the effects of the factors on independence. The method employed for the research is a desk system of research design, in which data were collected through secondary sources such as journals, books and internet materials. The finding of the review indicates that the most mentioned threats to auditor independence are non-audit services, audit tenure, auditor-client relationship and client importance. Independence continues to be a problem when it comes to finding out how accurate and credible investor financial statements are. The leading factor of the independence of the auditor was not evident, but other researchers ranked them based on importance because of their belief that they chose to experiment. |
| first_indexed | 2024-03-05T20:45:31Z |
| format | Article |
| id | utm.eprints-88703 |
| institution | Universiti Teknologi Malaysia - ePrints |
| language | English |
| last_indexed | 2024-03-05T20:45:31Z |
| publishDate | 2019 |
| publisher | Blue Eyes Intelligence Engineering & Sciences Publication |
| record_format | dspace |
| spelling | utm.eprints-887032020-12-15T10:53:55Z http://eprints.utm.my/88703/ Auditor independence threats and factors affecting independence Wakil, Gana Kafiya Alifiah, Mohd Norfian Tijjani, Alhaji Ali HF Commerce In various professional standards and regulations, the accounting profession has generally described independence as a lack of specific interests and relationships that are presumed to affect auditor objectivity. An auditor must be watchful to any harmful impacts on his planning, investigation, or reporting to preserve independence under the numerous pressures from clients. This article reviews auditor independence literature and factors affecting independence in order to determine the effects of the factors on independence. The method employed for the research is a desk system of research design, in which data were collected through secondary sources such as journals, books and internet materials. The finding of the review indicates that the most mentioned threats to auditor independence are non-audit services, audit tenure, auditor-client relationship and client importance. Independence continues to be a problem when it comes to finding out how accurate and credible investor financial statements are. The leading factor of the independence of the auditor was not evident, but other researchers ranked them based on importance because of their belief that they chose to experiment. Blue Eyes Intelligence Engineering & Sciences Publication 2019-10 Article PeerReviewed application/pdf en http://eprints.utm.my/88703/1/MohdNorfianAlifiah2019_AuditorIndependenceThreatsandFactorsAffecting.pdf Wakil, Gana Kafiya and Alifiah, Mohd Norfian and Tijjani, Alhaji Ali (2019) Auditor independence threats and factors affecting independence. International Journal of Recent Technology and Engineering, 8 (3s2). pp. 917-923. ISSN 2277-3878 https://www.ijrte.org/wp-content/uploads/papers/v8i3S2/C12531083S219.pdf |
| spellingShingle | HF Commerce Wakil, Gana Kafiya Alifiah, Mohd Norfian Tijjani, Alhaji Ali Auditor independence threats and factors affecting independence |
| title | Auditor independence threats and factors affecting independence |
| title_full | Auditor independence threats and factors affecting independence |
| title_fullStr | Auditor independence threats and factors affecting independence |
| title_full_unstemmed | Auditor independence threats and factors affecting independence |
| title_short | Auditor independence threats and factors affecting independence |
| title_sort | auditor independence threats and factors affecting independence |
| topic | HF Commerce |
| url | http://eprints.utm.my/88703/1/MohdNorfianAlifiah2019_AuditorIndependenceThreatsandFactorsAffecting.pdf |
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