Conflicts of Interest between Auditors and Clients

Companies such as Arthur Andersen, HealthSouth, and Enron were completely destroyed, and there were major flaws in the US audit system. The main disadvantage is that true isolation can not be obtained between the auditor and the client. In these companies, each company departs from the professional code of conduct by pressure from the customer to the auditor (Goldman and Barlev 857-859). Over the years, the relationship between customers and auditors has become closely intertwined, leaving the unbiased functions of the auditor.

Indeed, many of the subsequent audit failures were based on suspicious business relationships between the auditor and the customer, so many conflicts of interest arise. Internal corporate internal managers choose auditors from many companies, not corporate auditors, and worse, they are usually employed by senior management to save money. Perhaps the greatest impact of the global audit industry after the Enron scandal occurred was the loss of public confidence.

Weak conflicts of interest arise in many environments and sectors. For example, conflicts of interest include experts who respect privileged positions such as lawyers, doctors, engineers, auditors, architects, and who are privileged to be socially authorized for formal training, qualifications, continuing education, and supervision Conflict of infringement is included. A specialized agency with the authority to enforce standards and exclude members who do not meet these criteria. However, business managers are not experts in this sense. There are no entities that have the right to define entry and certification criteria, set ethical standards, or exclude others from business. Therefore, you need to find another definition of conflicts of interest among administrators.

The explanation of ethical dilemmas by hospital social workers is based on specific principles in conflict and most of them are found to contain conflicts between customer's self-determination and customer's best interests. This research deepens the understanding of the ethical dilemma and advances the way it happens. This is an exploratory qualitative research report examining the role of social work ethics in providing information on social work behavior and comparing it with other ethical effects. In this article, we first review literature on how to use ethical principles in medical practice. Discussion of the method focuses on the selection of qualitative design. An excerpt from participants' answers to the history of the fictional case was introduced and discussed.