Auditing & Assurance Service

Question 1

Auditor independence refers to the independence of the external auditor. It is characterised by integrity and requires the auditor to carry out his or her work freely and in an objective manner.

Required

You are required to do a comprehensive literature review on audit independence. Your write up should include the following areas:

1. The importance of auditor independence
2. Factors that affect auditor independence
3. Ways to improve auditor independence

It should be around 2,500 3,000 words and you need to cite at least 20 academic articles. Empirical evidence should be emphasized to support your writing