Appear What They Want to Be and Do What the Situation Requires

• In Event: Innovative and Emerging Issues 1

Abstract

By dominating the board, managers can directly access auditors to ensure issuing favorite opinions. Partners who lead audit engagements are aware of the heavy investments their firms have made and care about the success their firms. Viewing the interaction between managers and auditors as negotiations, the distribution of power reveals the superior position of management but also why the auditor participates in what could be seen as a joint venture. For auditors to survive they appear independent in the eye of the external parties and make them to accept as true that auditors provide valuable services that benefit them.

Author

• Khalid Rasheed Al-Adeem, King Saud University