It is important for the auditor to be independent because
A)otherwise the auditor would not charge a fair rate to the client.
B)otherwise the auditor might not be as knowledgeable of the subject matter and the criteria.
C)this will prevent bias in accumulating and evaluating evidence.
D)the Canadian tax authorities require that the auditor be independent.

Question

Quizplus · Accepted Answer

Independence is important for auditors as it ensures that they are unbiased in their accumulation and evaluation of evidence. This means that their opinions and judgments are not influenced by their relationship with the client or any external factors, and they can provide an objective assessment of the financial statements. The other options are not accurate or relevant to the importance of independence in auditing.

It Is Important for the Auditor to Be Independent Because