Clients want practitioners more than just assurance service providers.

They want more than of advisors who can work with them to make value.
Do you agree or disagree?
Khách hàng muốn các học viên nhiều hơn là chỉ các nhà cung cấp dịch
vụ đảm bảo. Họ muốn nhiều hơn những cố vấn có thể làm việc với họ
để tạo ra giá trị. Bạn đồng ý hay không đồng ý?
In the present age, there are abundant opportunities for companies to
expand their field. Therefore, many entities require their practitioners not
only become assurance service providers but also their mentors for
making more value. In my opinion, auditors can extend their services
and create more value for their clients, and naturally, they must perform
simultaneously with safeguard.
Assurance service providers can do both tasks: expressing their
opinions on the financial statement as well as providing advisory service,
such as planning, budgeting, and forecasting, reporting… practitioners
can help organizations effectively navigate business risks and
opportunities—from strategic, reputation, and financial risks to
operational, cyber, and regulatory risks—to gain competitive advantage.
Not only raising more funds for operation, these even giving their clients
more benefits to surviving in a tough market.
Nevertheless, while they were gradually achieved spectacular results for
their company, auditors can be caught threats to independence,
including self-review, advocacy… It is caused that they should
implement safeguards by following the code of ethics. For example, If
clients asked for assurance service as well as tax advisory. The
operation, which provides both services, should separate into two teams
and they are not allowed to exchange information during the time they
do their workload. In order to maintain the independence of auditors and
professional behavior.
In summary, I agree with practitioners could provide more than the
assurance service. There are several benefits that I have mentioned
They should, however, protect their independence and their company’s
reputation, practitioners should be mention to follow codes of
professional ethics.