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Respond to the following in a minimum of 175 words: Determine why it is important to have auditing standards. Specifically, why are ethics important to

Respond to the following in a minimum of 175 words:

Determine why it is important to have auditing standards. Specifically, why are ethics important to the auditing profession?

Explain why independence is such an important requirement for auditors. Who gets hurt when accountants and auditors fail to live up to high ethical standards?

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