One of the key concepts of the auditing theory of Mautz and Sharaf is auditor independence.

Question

Quizplus · Accepted Answer

Auditor independence is indeed a fundamental concept in Mautz and Sharaf's auditing theory. It refers to an auditor's ability to maintain an objective and unbiased attitude throughout the audit process, free from any undue influence or conflicts of interest that may compromise their professional judgment. This is essential to ensure the quality and credibility of financial reporting and to uphold public trust in the auditing profession.

One of the Key Concepts of the Auditing Theory of Mautz