ASSIGNMENT 4 - L 300 WEEKEND 1 Companies or individuals extend an invitation to auditors for appointment as an auditor or to offer certain professional services. Before accepting, the auditor must comply with professional etiquette, respect and strictly adhere to them within the profession. Required: a) Clearly explain the requirements of the prospective auditor in the engagement process before accepting or rejecting an appointment as an auditor. (10 marks) Understanding the concepts in Audit is critical to the practice of Audit Required: b) Briefly explain the concept of INDEPENDENCE in audit; (5marks) TOTAL = 15 marks