The problem with independence is that it is an intangible quality. Do you think that the IFAC
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The problem with ‘independence’ is that it is an intangible quality. Do you think that the IFAC Code and the FRC Ethical Standard have succeeded in making it less of a problem for the auditing profession? Discuss why perception of independence is as important as actual independence.
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Despite efforts by IFAC Code and the FRC Ethical Standard to bolster auditor independence achieving tangible objectivity continues to pose challenges ...View the full answer
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Related Book For 
The Audit Process Principles Practice And Cases
ISBN: 9781473760189
7th Edition
Authors: Iain Gray, Louise Crawford, Stuart Manson
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