The auditor must be independent of the auditee unless:
A)the lack of independence does not influence his or her professional judgment.
B)both parties agree that the independence issue is not a problem.
C)the lack of independence is insignificant.
D)none of the above-the auditor cannot lack independence.

Question

Quizplus · Accepted Answer

The independence of the auditor is a fundamental principle of auditing, and the auditor cannot lack independence under any circumstances. It is critical to ensure that the auditor is objective, neutral, and free of any potential conflicts of interest, which may impair professional judgment. Any lack of independence undermines the integrity of the audit process and may lead to incorrect or biased audit opinions. Hence, the answer must be D - none of the above, as the auditor cannot lack independence.

The Auditor Must Be Independent of the Auditee Unless