What do we mean when we use the phrases independence in fact and independence in appearance? Why

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What do we mean when we use the phrases “independence in fact” and “independence in appearance”? Why does the auditing profession use both phrases? How do both relate to ideal behavior and the rules that govern auditors?

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Auditing and Assurance Services Understanding the Integrated Audit

ISBN: 978-0471726340

1st edition

Authors: Karen L. Hooks

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Question Posted: Jan 21, 2015 10:27 AM

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What do we mean when we use the phrases independence in fact and independence in appearance? Why

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The concept of independence is critical to auditors performing their work obj...View the full answer

Auditing and Assurance Services Understanding the Integrated Audit

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