Auditors' independence : an honors thesis [(HONRS 499)]

Abstract

This thesis covers auditors' independence in three main sections. The first section is on the history of auditors' independence standards. The second section is on the current standards governing independence as set forth by the Independence Standards Board, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission. The views of investors and creditors are discussed in the third section. Combined, the sections establish the importance of auditors' independence and what the current standards say.