UPM Institutional Repository

Commercialization of accounting profession: the case of non-audit services


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


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.

Download File


Download (410kB) | Preview
Official URL or Download Paper: http://econ.upm.edu.my/ijem/vol4_no2.htm

Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
Publisher: Faculty of Economics and Management, Universiti Putra Malaysia
Keywords: Non-audit services (NAS); Auditor independence; Segregation of duties
Depositing User: Nabilah Mustapa
Date Deposited: 03 Aug 2015 06:09
Last Modified: 03 Aug 2015 06:09
URI: http://psasir.upm.edu.my/id/eprint/39476
Statistic Details: View Download Statistic

Actions (login required)

View Item View Item