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Management Services: A Challenge to Audit Independence?

Arthur A. Schulte

Associate Professor, College of Business Administration, The University of Portland 1

The Accounting Review 1966

The article presents a study which evaluated the position of the Committee of Professional Ethics of the American Institute of Certified Public Accountants on management services. This evaluation involved both a priori and an empirical analysis of two contentions. The first contention states that potential conflicts of interest between management consulting and the factual independence of a certified public accountant (CPA) are limited to two situations. The second contention states that acting as a management consultant does not impair the CPA's appearance of independence; that is, it does not suggest to a reasonable observer a conflict of interest.

DOI
10.2308/tar-4508927
Volume
41 (4)
Pages
721-728
Language
en
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