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AICPA Codification section 1.200.001 addresses auditor independence and advises that a member in public practice shall be independent in the performance of professional services
AICPA Codification section 1.200.001 addresses auditor independence and advises that a member in public practice shall be independent in the performance of professional services as required by standards promulgated by bodies designated by Council. Which of the choices below best collectively represent the reasons the auditor must maintain independence? Auditor independence is measured by independence in appearance which dictates that the auditor act with integrity and objectivity at all times throughout an engagement. O Auditor independence in fact and appearance helps solidify the CPAS professional reputation in the eyes of the public, and also aligns with a CPAS duty to uphold the public interest. O Auditor independence helps maintain the CPAs professional and independent image, and indemnifies the auditor against external litigation. O If an auditor is perceived as not being independent in fact and appearance, the likelihood of litigation against the client and auditor will generally decrease.
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