Auditor independence: ...A compromise?!

Author: Cristina Maria STANCU

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Keywords:code of ethics, audit committee, independence, non-audit services, data confidentiality

Abstract:
The independence... one of the most controversial concepts. Considering that most of the disputes were around concepts like for example audit committee, different kinds of related services, situations that threaten the independence, we were thinking to restart the discussion on these conflicts for which is very difficult to find solutions.\r\nIn what extent do you consider that an investor would base on the financial statements which are audited by an auditor who is not independent? This article is dedicated mainly to those who answered the above mentioned questions as follows: „as long as somebody is interested to invest, it does not matter whether the financial statements were audited or not? And if they were audited, does it matter whether the auditor is independent or not? Considering the latest scandals, can we consider that the auditors could be independent?”\r\n

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