Commercialization of accounting profession: the case of non-audit services
Over the last decade, the accounting profession has witnessed the commercialisation of audit firms through offering of non-audit services (i.e. business consultancy services) to their audit client. Regulators and stakeholders have placed a great concern on the potential threat of commercialization o...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Faculty of Economics and Management, Universiti Putra Malaysia
2010
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| Online Access: | http://psasir.upm.edu.my/id/eprint/39476/ http://psasir.upm.edu.my/id/eprint/39476/1/39476.pdf |
| _version_ | 1848849153171390464 |
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| author | Muhamad Sori, Zulkarnain Karbhari, Yusuf Ramadilli Mohd, Shamsher Mohamad |
| author_facet | Muhamad Sori, Zulkarnain Karbhari, Yusuf Ramadilli Mohd, Shamsher Mohamad |
| author_sort | Muhamad Sori, Zulkarnain |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | Over the last decade, the accounting profession has witnessed the commercialisation of audit firms through offering of non-audit services (i.e. business consultancy services) to their audit client. Regulators and stakeholders have placed a great concern on the potential threat of commercialization of audit services on perceived auditor independence. This study reports the effects of the joint provision of audit and non-audit services (NAS) and the type of NAS on perceived auditor independence. The main findings suggest that auditor independence is perceived to be compromised when audit and NAS were jointly offered by audit firms. However, when there exist proper segregation of duties in audit firms that offer both services, the perception changed. |
| first_indexed | 2025-11-15T09:45:52Z |
| format | Article |
| id | upm-39476 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T09:45:52Z |
| publishDate | 2010 |
| publisher | Faculty of Economics and Management, Universiti Putra Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-394762015-08-03T06:09:07Z http://psasir.upm.edu.my/id/eprint/39476/ Commercialization of accounting profession: the case of non-audit services Muhamad Sori, Zulkarnain Karbhari, Yusuf Ramadilli Mohd, Shamsher Mohamad Over the last decade, the accounting profession has witnessed the commercialisation of audit firms through offering of non-audit services (i.e. business consultancy services) to their audit client. Regulators and stakeholders have placed a great concern on the potential threat of commercialization of audit services on perceived auditor independence. This study reports the effects of the joint provision of audit and non-audit services (NAS) and the type of NAS on perceived auditor independence. The main findings suggest that auditor independence is perceived to be compromised when audit and NAS were jointly offered by audit firms. However, when there exist proper segregation of duties in audit firms that offer both services, the perception changed. Faculty of Economics and Management, Universiti Putra Malaysia 2010-12 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/39476/1/39476.pdf Muhamad Sori, Zulkarnain and Karbhari, Yusuf and Ramadilli Mohd, Shamsher Mohamad (2010) Commercialization of accounting profession: the case of non-audit services. International Journal of Economics and Management, 4 (2). pp. 212-242. ISSN 1823-836X http://econ.upm.edu.my/ijem/vol4_no2.htm |
| spellingShingle | Muhamad Sori, Zulkarnain Karbhari, Yusuf Ramadilli Mohd, Shamsher Mohamad Commercialization of accounting profession: the case of non-audit services |
| title | Commercialization of accounting profession: the case of non-audit services |
| title_full | Commercialization of accounting profession: the case of non-audit services |
| title_fullStr | Commercialization of accounting profession: the case of non-audit services |
| title_full_unstemmed | Commercialization of accounting profession: the case of non-audit services |
| title_short | Commercialization of accounting profession: the case of non-audit services |
| title_sort | commercialization of accounting profession: the case of non-audit services |
| url | http://psasir.upm.edu.my/id/eprint/39476/ http://psasir.upm.edu.my/id/eprint/39476/ http://psasir.upm.edu.my/id/eprint/39476/1/39476.pdf |