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The Auditing Profession and the “Valdez Principles”

Managerial Auditing Journal

ISSN: 0268-6902

Article publication date: 1 May 1991

Abstract

A consortium of environmental groups and pension fund managers in the United States have recently announced a set of corporate guidelines called the “Valdez Principles”. One guideline calls for firms to prepare annual environmental reports, which would be independently audited. Accountants have a comparative advantage in performing such audits, as well as preparing the underlying reports. This advantage is explained; the potential pitfalls which may hamper the profession are also addressed.

Keywords

Citation

Stevens, W.P. (1991), "The Auditing Profession and the “Valdez Principles”", Managerial Auditing Journal, Vol. 6 No. 5. https://doi.org/10.1108/02686909110140823

Publisher

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MCB UP Ltd

Copyright © 1991, MCB UP Limited