Independence is the cornerstone of auditing. It has two facets – the fact of independence (also called actual independence) and the appearance of independence (also called perceived independence). Discuss the following in your essay (approximately 1,000 words): Why is auditor independence so important? Evaluate auditor independence in the aftermath of CLERP 9 amendments. Have these amendments been successful?
The question belongs to Accounting and it discusses about auditor independence. Independence is viewed as the cornerstone of auditing. This has been discussed in detail in the solution.
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