Question: 1) Explain what earnings management is and how it contributed to the audit failures in the early 2000s. 2) Explain what corporate governance is and

1) Explain what earnings management is and how it contributed to the audit failures in the early 2000s.

2) Explain what corporate governance is and the role of auditors in corporate governance.

3) Explain two types of ethical threats to professional independence of auditors and give a specific example for each

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