Naslov
Future of auditing profession

Autori
Filipović, Ivica

Vrsta, podvrsta i kategorija rada
Sažeci sa skupova, kratko priopćenje, znanstveni

Izvornik
6th International Scientific Conference on Economic and Social Development and 3rd Eastern European ESD Conference: Business Continuity / Bendekovic, Jadranka ; Klacmer Calopa, Marina ; Filipovic, Davor - , 2014, 468-474

Skup
6th International Scientific Conference on Economic and Social Development and 3rd Eastern European ESD Conference: Business Continuity

Mjesto i datum
Beč, Austrija, 24.04.2014. - 25.04.2014

Vrsta sudjelovanja
Pozvano predavanje

Vrsta recenzije
Recenziran

Ključne riječi
auditor's independence ; challenges of auditing profession ; future of auditing ; litigations

Sažetak
Auditing profession is exposed to public criticism for a while. That criticism is based on recent numerous corporate scandals which have, among other reasons, additionally flamed always interesting debate about auditor's independence. Are public expectations unreal and is there a space for further concerns about auditing profession are some of the questions examined in this paper. In order to anticipate the role of auditing profession ahead of us, this paper focuses on current status of auditors and challenges auditors encounter in their work. Therefore, concentration of audit companies, forming auditor's fees, auditor's independence, providing non-audit services by auditors as well as auditing litigations are also examined in this paper. This paper tries to initiate discussion about auditing future. It is extremely important that auditing profession maintains it position in turbulent business environment. Only independent auditors with their report can enhance the reliability of information presented in companies' financial statements which are basic decision making tool for investors and creditors.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA