Auditing Standards
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One of the auditing standards states, "In all matters relating to the assignment, an independence in mental attitude is to be maintained by the auditor or auditors." Explain the concept of independence.
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The idea of auditor independence has been there for a long time. The second general standard of Generally Accepted Auditing Standards states that "In all matters relating to the assignment, an independence in mental attitude is to be maintained by the auditor or auditors." The concept of INDEPENDENCE means that the auditor must ...
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