16. Assumed your school friend Mr. Hamid Ahmed has recently come back from USA after completing his CPA qualification. One local company contacted and requested him to work as non- executive board member and serve in audit committee of the company. Before accepting this assignment he was keen to know if the external auditor is truly independent or not. After reading the audit reports and financial statements of the company from the last few years, he is doubtful about the auditor's independence. He discussed the matter with you and asked your opinion whether he should accept this assignment or not. You suggest him to accept the assignment with the condition to insist the company to ensure auditor's independence. He asked you to suggest important steps that company should take to mitigate the risk to auditor's independence. You promised him to draft a letter which he can send to the company for this purpose. Draft a letter on behalf of your friend in which you recommend some important steps that a company should take to ensure auditor's independence