Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Auditing the auditors.

Auditing the auditors. An independent auditor's opinion is supposed to be the gold standard in healthcare accounting. Such audits provide reasonable assurance that financial statements are accurate, which is particularly important in not-for-profit healthcare because most organizations don't have shareholder oversight. But the recent firing of a Big Five accounting firm by a major healthcare system in bankruptcy reorganization raises questions about the credibility of external audits. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Modern healthcare Pubmed

Auditing the auditors.

Modern healthcare , Volume 28 (38): 601 – Oct 30, 1998

Auditing the auditors.


Abstract

An independent auditor's opinion is supposed to be the gold standard in healthcare accounting. Such audits provide reasonable assurance that financial statements are accurate, which is particularly important in not-for-profit healthcare because most organizations don't have shareholder oversight. But the recent firing of a Big Five accounting firm by a major healthcare system in bankruptcy reorganization raises questions about the credibility of external audits.

Loading next page...
 
/lp/pubmed/auditing-the-auditors-OHER1o5icU

References

References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.

ISSN
0160-7480
pmid
10185568

Abstract

An independent auditor's opinion is supposed to be the gold standard in healthcare accounting. Such audits provide reasonable assurance that financial statements are accurate, which is particularly important in not-for-profit healthcare because most organizations don't have shareholder oversight. But the recent firing of a Big Five accounting firm by a major healthcare system in bankruptcy reorganization raises questions about the credibility of external audits.

Journal

Modern healthcarePubmed

Published: Oct 30, 1998

There are no references for this article.