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ERIC Number: EJ973747
Record Type: Journal
Publication Date: 2012-Jun
Pages: 34
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0193-841X
EISSN: N/A
Available Date: N/A
Independent Evaluation: Insights from Public Accounting
Brown, Abigail B.; Klerman, Jacob Alex
Evaluation Review, v36 n3 p186-219 Jun 2012
Background: Maintaining the independence of contract government program evaluation presents significant contracting challenges. The ideal outcome for an agency is often both the impression of an independent evaluation "and" a glowing report. In this, independent evaluation is like financial statement audits: firm management wants both a public accounting firm to attest to the fairness of its financial accounts "and" to be allowed to account for transactions as it sees fit. In both cases, the evaluation or audit is being conducted on behalf of outsiders-the public or shareholders-but is overseen by a party with significant interests at stake in the outcome-the agency being evaluated or executive management of the firm. Method: We review the contracting strategies developed to maintain independence in auditing. We examine evidence on the effectiveness of professionalism, reputation, liability and owner oversight in constraining behavior in auditing. We then establish parallels with contracting for evaluations and apply these insights to changes that might maintain and improve evaluator independence. Conclusions and Recommendations: By analogy with the Sarbanes Oxley Act of 2002 reforms in auditing, we recommend exploring using a reformulated Technical Working Group to encourage more prompt release of more evaluation results and to help insulate evaluators from inappropriate pressure to change their results or analysis approach. (Contains 21 notes.)
SAGE Publications. 2455 Teller Road, Thousand Oaks, CA 91320. Tel: 800-818-7243; Tel: 805-499-9774; Fax: 800-583-2665; e-mail: journals@sagepub.com; Web site: http://sagepub.com
Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
Author Affiliations: N/A