Examining How Auditing Text Books Cover the AICPA’S Conceptual Framework for Ethics

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Abstract

For several years, the AICPA has required its members to apply its Conceptual Framework for AICPA Independence Standards and has provided its Guide for Complying with Rules 102- 505 to help its members make ethical decisions on independence and other matters that are not explicitly addressed by the Code and its interpretations and rulings. However, few Auditing textbooks cover these important Standards adequately—or at all. This study discusses these standards and examines how eight major Auditing textbooks cover these topics. These results should help auditing professors find materials to augment their classroom coverage and guide their future textbook selection. It also should help textbook authors develop materials for future textbook editions.

Authors

• Martin A Leibowitz, Yeshiva University

• Alan Reinstein, Wayne State University