Compromise in Accountant Ethics

Abstract: A 5 page paper arguing against the premises presented in a paper decrying what the author sees as "social ambivalence" in auditing firm billing practices connected with auditing activities. The author charges that respected accounting firms uses their audit function to operate as a "loss leader" to attract clients, with the intention of later raising their rates but in the meantime padding their hourly billing as a matter of course. While the article makes no mention of the serious view of ethical practice taken by professional accounting associations, the paper does. The author's evidence is shown to be weak and without grounds. Bibliography lists 2 sources.

Filename: Accteth.wps

Pages: 5


Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance


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