1. You are evaluating your company's recent operating performance and are trying to decide on the relative weights you should put on the income statement, balance sheet, and statement of cash flows. Discuss the information each of these statements provides AND its role in evaluating operating performance. 2. Recently the Securities and Exchange Commission has been concerned with the "independence" of external auditing firms. It is consulting) fees might impact how aggressively auditing firms pursue accounting issues they uncover in their audits. Congress recently passed legislation that prohibits accounting firms from providing BOTH consulting and auditing services to the same client. How might consulting fees affect auditor independence? What other conflicts of interest might exist for auditors