Introduction Independence is a fundamental to the reliability of auditors’ reports. It is an attitude of mind characterized by integrity and an objective approach to professional works. A professional auditor should work both independent and seen to be so. Nowadays‚ but‚ the trend of providing non-audit services to audit clients seem to be sweeping accounting firms all over the world; impacts of independence impairment caused by this trend should not be ignored. The Meaning of Independence The essential
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’Is it possible for auditors to achieve absolute independence and what regulations should be imposed to attain or maintain independence?’ Auditor independence requires auditors to take an unbiased viewpoint in the overall performance of the audit report‚ and therefore maintain the fundamental principles of integrity and objectivity. Auditor independence is possible‚ however it is quite hard to achieve as it requires auditors to meet all the guidelines set out by AASB and statutory requirements
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The Declaring of Parental Independence When in the course of human events‚ it becomes necessary for one Teenager to Emancipate from the restrictive and uncompromising Barriers of Parental Control that have so deprived the Partaking of a fulfilling liberal life and emerge into the world of Adulthood‚ that teenagers at will‚ will propel to embody through act of ruthless rebellion for We do not desire Limitations. We hold these truths to be self evident that all teenagers are mortal Creatures
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Not to Be Dispirited In many ways it appears that the Constitution of the United States was meant to abnegate the spirit of the Declaration of Independence. However‚ if one follows the history of our nation’s founding from the first colony to the ratification of the Constitution it is possible to see that the new form of government prescribed therein serves to protect the human rights that were proclaimed as the rights of all men in the Declaration. Recognizing permits a view of the Constitution
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According to attribute standard 1100‚ the internal audit activity must be independent and internal auditors must be objective in performing their work. Independence is the “freedom from conditions that threaten the ability of the internal audit activity or the chief audit executive (CAE) to carry out internal audit responsibilities in an unbiased manner.” Objectivity is “an unbiased mental attitude that allows internal auditors to perform engagements in such a manner that they believe in their work
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Text Commentary of the Declaration of Independence ‘THE DECLARATION OF INDEPENDENCE OF THE THIRTEEN COLONIES’ (July4‚ 1776) This is a text commentary about ‘The Unanimous Declaration of the thirteen United States of America’. The Declaration of Independence is a juridical and legal document written sometime between June 11 and June 28‚ 1776. The reason for that lapse of time is because a draft of the declaration was asked to a group of five delegates of the Continental Congress on June 11‚
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We have America because of Equality written in the Declaration of Independence. Declaration of Independence was mainly written by Thomas Jefferson at Independence Hall in Philadelphia‚ Pennsylvania. The Declaration of Independence freed U.S from British control. Also the Declaration of Independence made United States a nation. Some of the main ideals in the Declaration of Independence are equality‚ Life Liberty and Pursuit of Happiness‚ consent of the Governed‚ and alter or abolish government. The
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The Ideals of the Declaration of Independence The Declaration of Independence is the most important document in the history of the most influential nation in the modern world – The United States of America. Many other nations and societies that have gained their independence since this declaration was drafted in 1776 have used the four key ideals contained within it as a guide for their own independence. This document did much more than achieve independence for the U.S; it would drastically change
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and seeking for independence. The Declaration also wrote that people deserve to have right to; live‚ freedom‚ and pursuit of happiness. "We hold these truths to be self-evident‚ that all men are created equal‚ that they are endowed by their Creator with certain unalienable Rights‚ that among these are Life‚ Liberty and the pursuit of Happiness..." (The Declaration of Independent‚ www.ushistory.org) Speaking of the ideal‚ from peoples’ perspective‚ seen that the American now-a-day don’t live up to
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The Impossibility of Auditor Independence Intentional collusion of auditors and their clients is is not the major cause of Audit integrity. Most of the times‚ auditors find it difficult to become objective. In 1992‚ Phar-Mor‚ Inc. drugstore in the United States seeking a court protection from corruption failed a court case. The previous auditors‚ Coopers & Lybrand‚ Phar-Mor’s failed to state inventory inflation and manipulation of finanicial that lead to overstating of $985 million earnings
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