The construction of status in the auditor–audit committee relationship
(2023) In Routledge Studies in Accounting p.46-68- Abstract
- This chapter investigates the construction of status in the relationship between the auditor and the audit committee. Such a study is merited considering that regulation as a driver of corporate governance has been designed towards a regulatory concern with lax audit practice, where the audit committee was presented as a solution. This is, however, a problem not manifested in the Swedish context. The driver was instead connected to the need for companies to follow suit with an Anglo-Saxon regulatory development. The study is informed by interviews with audit committee members and external auditors in large, listed companies and contributes novel insights to the understanding of the transformation of the role of the auditor due to the... (More)
- This chapter investigates the construction of status in the relationship between the auditor and the audit committee. Such a study is merited considering that regulation as a driver of corporate governance has been designed towards a regulatory concern with lax audit practice, where the audit committee was presented as a solution. This is, however, a problem not manifested in the Swedish context. The driver was instead connected to the need for companies to follow suit with an Anglo-Saxon regulatory development. The study is informed by interviews with audit committee members and external auditors in large, listed companies and contributes novel insights to the understanding of the transformation of the role of the auditor due to the regulatory driver represented by the audit committees. The findings show a rather paradoxical development where the auditors increase their status through direct access to the board of directors, while also decreasing their status by being reduced to a supplier, among other suppliers of trust and comfort to the directors. The findings are of interest to accounting firms, as well as clients and investors, to recognise the transformation of the status of the auditor in spite of regulations to protect the role. (Less)
- Abstract (Swedish)
- En studie av relationer mellan revisor och revisionskommittéer och hur dessa påverkar makt och status mellan de båda grupperna
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/4873d025-0f63-4751-af59-f3e5d05f2718
- author
- Eklöv Ahlander, Gunilla ; Jonnergård, Karin LU and Larsson Olaison, Ulf
- organization
- alternative title
- Statuskonstruktion i revisor-revisorskommitté relationer
- publishing date
- 2023-08
- type
- Chapter in Book/Report/Conference proceeding
- publication status
- published
- subject
- keywords
- revisorn, revisionskommitté, statusrelation
- host publication
- Auditing transformation : Regulation, Digitalisation and Sustainability - Regulation, Digitalisation and Sustainability
- series title
- Routledge Studies in Accounting
- editor
- Marton, Jan ; Nilsson, Fredrik and Öhman, Peter
- issue
- 50
- pages
- 22 pages
- publisher
- Routledge
- external identifiers
-
- scopus:85170198149
- ISBN
- 9781003411390
- 9781032533032
- DOI
- 10.4324/9781003411390
- language
- English
- LU publication?
- yes
- id
- 4873d025-0f63-4751-af59-f3e5d05f2718
- date added to LUP
- 2023-09-14 08:57:35
- date last changed
- 2025-01-25 05:30:57
@inbook{4873d025-0f63-4751-af59-f3e5d05f2718,
abstract = {{This chapter investigates the construction of status in the relationship between the auditor and the audit committee. Such a study is merited considering that regulation as a driver of corporate governance has been designed towards a regulatory concern with lax audit practice, where the audit committee was presented as a solution. This is, however, a problem not manifested in the Swedish context. The driver was instead connected to the need for companies to follow suit with an Anglo-Saxon regulatory development. The study is informed by interviews with audit committee members and external auditors in large, listed companies and contributes novel insights to the understanding of the transformation of the role of the auditor due to the regulatory driver represented by the audit committees. The findings show a rather paradoxical development where the auditors increase their status through direct access to the board of directors, while also decreasing their status by being reduced to a supplier, among other suppliers of trust and comfort to the directors. The findings are of interest to accounting firms, as well as clients and investors, to recognise the transformation of the status of the auditor in spite of regulations to protect the role.}},
author = {{Eklöv Ahlander, Gunilla and Jonnergård, Karin and Larsson Olaison, Ulf}},
booktitle = {{Auditing transformation : Regulation, Digitalisation and Sustainability}},
editor = {{Marton, Jan and Nilsson, Fredrik and Öhman, Peter}},
isbn = {{9781003411390}},
keywords = {{revisorn; revisionskommitté; statusrelation}},
language = {{eng}},
number = {{50}},
pages = {{46--68}},
publisher = {{Routledge}},
series = {{Routledge Studies in Accounting}},
title = {{The construction of status in the auditor–audit committee relationship}},
url = {{http://dx.doi.org/10.4324/9781003411390}},
doi = {{10.4324/9781003411390}},
year = {{2023}},
}