Non Audit Services and Auditor Independence

Abstract

The joint provision of audit and non-audit services (NAS) and its impact on auditor independence continues to attract significant interest globally from various stakeholders such as regulators and policy makers, the accounting profession, academics and students, and from the media and capital markets. Just as regulations on NAS have evolved to address potential threats to auditor independence, so too has the literature. This chapter provides an overview and synthesizes the research on the NAS and its impact on auditor independence. Implications of the research for regulators, policy makers, the accounting profession, and future research are discussed.