EU, UK, French, US, Australian and Japanese Responses To Auditor Independence: The Case Of Non-Audit Tax Services

Auditor independence was a global concern of financial regulators in the 1990’s. Some observers saw this in a positive light, a natural development. Adjusting auditor independence rules was a manifestation of global convergence in corporate governance structures.[1] New rules, especially rules leaning toward a harmonized system were welcome.  There was a more sobering view. This view held that global regulators were less concerned with convergence than they were with a…