Question: Discuss whether you believe changes are needed in the auditing profession to ensure auditor independence (such as those envisioned by CPA Canada's Enhancing Audit Quality

Discuss whether you believe changes are needed in the auditing profession to ensure auditor independence (such as those envisioned by CPA Canada's Enhancing Audit Quality initiative) or whether additional changes are likely to increase the cost of audits while providing the marketplace with negligible benefit.

Please provide the answer in paragraph format with a detailed explaination.

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