Independence implies that the auditor:

Question

Quizplus · Accepted Answer

Independence is a fundamental principle of auditing that requires the auditor to be impartial with respect to the client. This means that the auditor must approach the audit with an objective and unbiased mindset and avoid any conflicts of interest or situations that may compromise their integrity or professional skepticism. Choices B and C are not correct because while auditors must adopt a questioning mindset and consider the interests of third parties, their main obligation is to provide an opinion on the accuracy of the financial statements for the benefit of the client and its stakeholders. Choice D is partially correct because auditors are prohibited from providing certain non-audit services that may create a self-review threat or impair their independence, but they are allowed to provide other professional services that are not related to the audit.

Independence Implies That the Auditor