Author(s): George K Baah
Financial statement auditing is an integral part of business reporting. Auditors are charged with the responsibility of ensuring that financial statements conform to GAAP. Users of financial statements argue that auditors bear authority that enable them to collect any evidence that need from the auditee client, yet we do not know the extent of the power relations between auditors and the client. Using Giddens Structuration theory, this study explains the role of auditing in society, the interplay of agency and structure on the building of auditing profession and its norms and the power dynamics between auditors and their auditee client.