The changing profession: end of the small practitioner?
Article Abstract:
The accounting profession is increasingly being changed by such factors as the unstable legal environment, new peer review requirements, more stringent professional standards, and decreased profitability. To determine the extent of the changes in the profession, particularly in the audit and review services, a mail survey was done involving 529 CPA firms in the Midsouth. Results show significant changes in the audit and review practices, including the increase in actual and planned discontinuation of such services. Small CPA firms that cannot afford to comply with various professional requirements may have to give up these parts of their practice.
Publication Name: The Woman CPA
Subject: Women's issues/gender studies
ISSN: 0043-7271
Year: 1991
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Application of the zero defect concept to the auditing process
Article Abstract:
Deficiencies in audit reports may be eliminated by introducing the zero defect concept, originally used in the Japanese manufacturing setting, to the auditing process. The zero defect auditing would place great emphasis on quality control regarding the procedures and processes used in auditing to ensure the quality of the product, which is the audit report. Implementing this strategy may be costly, but the possibility of increased credibility, public confidence, self-regulation, and prestige, make it worth trying.
Publication Name: The Woman CPA
Subject: Women's issues/gender studies
ISSN: 0043-7271
Year: 1991
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