CISC8806 Audit And Assurance: An auditor has to be independent in fact and in appearance.

An auditor has to be independent in fact and in appearance. Auditor independence is at the cornerstone of the auditing profession. You are to  critically evaluate these statements and answer the following questions:

(a) Why is audit independence important to an auditor? You are expected to analyze the changing landscape over the last 10 years.

(b) What governs audit independence in New Zealand? You are expected to include coverage of relevant statutory and professional framework(s).

(c) How can auditors safeguard themselves from threats to their independence

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