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Countdown book.1. Please comment on the following issue regarding the ScottLondon affair (pp 95-96):...Countdown...

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Accounting

Countdown book.

1. Please comment on the following issue regarding the ScottLondon affair (pp 95-96): what value is auditor independence to thecapital markets? Does it seem to have a material effect?

2. Do you feel that the Big Four are too big and inflexible toinnovate (pp 96-99)? Please explain your position

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1 An auditor must fulfill all his obligations even when it means opposing or denying the wishes of those who have employed him and who he knows may cease to do so It is a requirement unparalleled in any other field Auditor independence thus is a very important requirement for presenting the financial information of any corporate enterprise in a true and fair manner The financial statements of corporate enterprises are of great    See Answer
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In: AccountingCountdown book.1. Please comment on the following issue regarding the ScottLondon affair (pp 95-96):...Countdown book.1. Please comment on the following issue regarding the ScottLondon affair (pp 95-96): what value is auditor independence to thecapital markets? Does it seem to have a material effect?2. Do you feel that the Big Four are too big and inflexible toinnovate (pp 96-99)? Please explain your position

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