Why is an auditors independence so essential?
Question:
Why is an auditor’s independence so essential?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
The Importance of Independence of Auditor Auditor independence is part of the foundation of the auditing profession An independent reliable and ethically sound audit gives a company credibility and al...View the full answer
Answered By
Priya Prasad
I am professional graduate and my had successfully completed my B.Tech graduation in Computer Science and Engineering. I love teaching. I taught many students in my home from the time I was doing my degree. I personally believe that the main duty of a teacher is loving /her students very well and should be ready to struggle for their student's good future. I try conducted many programs for my students . and make sure every students participate in that. Me as a teacher spend my leisure time usually for my students by reading more books so that I feel myself confident to clear their doubts regarding any subjects. I love to follow both technology and science
0.00
0 Reviews
10+ Question Solved
Related Book For
Auditing The Art And Science Of Assurance Engagements
ISBN: 9780136692089
15th Canadian Edition
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan, Joanne C. Jones
Question Posted:
Students also viewed these Business questions
-
1. Which of the following statements best explains why the CPA profession has found it essential to promulgate ethical standards and to establish means for ensuring their observance? a. Vigorous...
-
As the auditor for Locker-parts Hardware Ltd, you are happy with the smoothness of the audit for the year ended 30June 2010. Today, your audit partner tells you that Locker-parts has just gone into...
-
Summarize the concept of difference in enforcement of accounting standards: Differences in countries institutional settings have long been recognized in accounting research. Countries have been...
-
Why should the digital divide matter to people who can afford to be fully connected?
-
1. What type of power does a patent provide to a company? Is this the same kind of power that people within a firm attempt to gain? 2. What types of political strategies has Mitsubishi used to try to...
-
Analyze whether counseling for weight reduction has a significant effect on reducing blood pressure? Hypertension Some common strategies for treating hypertensive patients by nonpharmacologic methods...
-
A four-cylinder in-line engine has a reciprocating weight of \(1.5 \mathrm{~kg}\), a stroke of \(15 \mathrm{~cm}\), and a connecting-rod length of \(25 \mathrm{~cm}\) in each cylinder. The cranks are...
-
Im Really Cold Coat Company makes womens and mens coats. Both products require filler and lining material. The following planning information has been made available: Im Really Cold Coat Company does...
-
Issue(s): Whether a person whose property is taken without compensation may seek redress under the self-executing takings clause of the Fifth Amendment even if the legislature has not affirmatively...
-
Adam Plc has acquired Bertil Co for 2,500.0. The acquisition is 100% financed with equity. Expected S&GA synergies are 75.0 each year, and applicable tax rate is 28.0%. Using information below...
-
Explain the difference between cost and expense.
-
Barbara Whitley had great expectations about her future as she sat at her graduation ceremony in May 2020. She was about to receive her Master of Accountancy degree, and the following week she would...
-
Find the discriminant and use it to predict whether the solutions to each equation are A. Two rational numbers B. One rational numberC. Two irrational numbers D. Two nonreal complex numbers. Tell...
-
Let us assume that \(F=\$ 10000, T=5\), measured in years, and semiannual coupons are paid, with rate \(c=4 \%\). Note that coupon rates, like all interest rates, are always quoted annually, but...
-
What are the key features of the ACA?
-
What is pay-for-performance reimbursement?
-
The more candy bars you add to your diet per day, the more weight you gain (all other factors, such as the amount of exercise you get, being equal). Is this an example of a direct proportion or an...
-
How does period affect the definition of fixed costs?
-
Compare and contrast the merits of GNI, Net National Product, and Your Better Life Index as indicators of economic performance in Brazil, Russia, China, and India?
-
Determine the resultant moment produced by the forces about point O. 0.25 m 0.125 m, 0 0.3 m- 60 F = 500 N F = 600 N
-
Your local veterinarian is complaining about all of the accountants he has had to work withthe government has been in to look at his income taxes, the bookkeeper has been sick so he has had to hire...
-
Briefly describe the accounting organizations that exist in Canada and identify the professional designations they award. What roles do these organizations play for their members?
-
What are the major differences in the scope of the audit responsibilities for public accountants, auditors from the Auditor Generals Offices, Canada Revenue Agency auditors, and internal auditors?
-
Provide an analysis of the benefits and challenges of having a growth mindset as opposed to having a fixed mindset. Examine the benefits of each type of mindset, as well as the challenges that each...
-
Discuss and explain what is Performance Management (P M)? How does P M fit into corporate strategy? What's in it for me? How does it work? What are my responsibilities? How does PM relate to other...
-
A conducting spherical shell has inner radius 2 / 3 R and outer radius R . ( a ) Suppose we put a charge Q onthe shell ( a conductor ) so that all of the charge goes to the outer radius. Find the...
Study smarter with the SolutionInn App