REGULATION OF NON-AUDITING SERVICES: THE SPANISH CASE
Journal Title: European Journal of Business and Social Sciences - Year 2013, Vol 1, Issue 10
Abstract
The objective of this paper is to analyze through the positions of lecturers and auditors the legal aspects that regulate activities other than auditing of annual accounts, with the goal of providing relevant conclusions that could be of interest for the regulation of auditing activities. The results indicate that whereas lecturers manifest a high level of global prohibition, auditors, both consolidated auditors (CA) and non-consolidated auditors (NCA), express the opposite point of view. On the other hand, lecturers and NCA grant the same level of importance to prohibitions on services directly associated with financial information submitted for auditing (SDA) as to prohibitions on services indirectly associated to the same information (SIA), while CA concede greater importance to prohibitions on SIA than to those on SDA. However, the difference between the groups of lecturers and NCA lies in their level of prohibition in comparison with the law; NCA favor prohibitions similar to the legislation, whereas lecturers tend to favor a level of prohibition greater than that existing in the legislation.
Authors and Affiliations
José Ángel Pérez López| jangel@us.es, José Enrique Romero García| romerogje@us.es, Dr. Rosario López Gavira, (Corresponding Author)| Department of Accounting, Faculty of Economics and Business, University of Seville, Avda, Ramón y Cajal, 1 41.018 Seville. Tel. +34 954-557-616 Fax: +34 954-557-569, Email: rlopezgavira@us.es, lgrosa@us.es
Keywords
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