Critically evaluate the importance of auditor independence in adding value to the financial statements. With reference to a real case where auditor independence has been questioned, critically discuss the challenges to achieving auditor independence

Contemporary Auditing
11th Edition
ISBN:9781337650380
Author:KNAPP
Publisher:KNAPP
Chapter2: Audits Of High-risk Accounts
Section2.5: Lipper Holdings, Llc
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Critically evaluate the importance of auditor independence in adding value to the financial statements. With reference to a real case where auditor independence has been questioned, critically discuss the challenges to achieving auditor independence

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