Why there is so much stress on auditor's independence in assurance engagements?

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How do you describe auditor's independence? and what are impediments to such?
Posted by:
Musa Muhammad Dandikko
07-October-2013

Accounting Auditing Financial Reporting Internal Audit

Question ajoutée par Imran Adwani , Head of Internal Audit , Abdulla Bin Zayed Investment Group
Date de publication: 2014/03/24

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par Abdul Wasay Hassan , Deputy Manager Internal Audit , Pak Suzuki Motor Company Ltd.

The Independence of the auditor is primary to any assurance engagement because an auditors dependence/relation can cloud his judgement and objectivity. And even if the auditor's judgement is objective it might not appear the same to the user. Imagine my sister/mother telling the whole world I am one of the most competent auditors out there and compare the credit worthiness of the same comments by my boss who is not related to me. Hence an auditor not only should be independent but should also appear to be so.

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