Question: Short Answer question: 1. Auditor independence is a major issue. Define and distinguish between independence in fact and independence in appearance. Describe how an auditor

Short Answer question:

1. Auditor independence is a major issue. Define and distinguish between independence in fact and independence in appearance. Describe how an auditor can be independent in fact yet not be perceived to be independent in appearance.

Question 2

Statement on Quality Control Standards No. 8 describes the purpose and system of quality control for auditing firms. Identify and briefly discuss the six (6) elements of a system of quality control outlined in SQCS 8.

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