Which of the following is not a goal of auditor independence?
A) To achieve consistent auditor regulation.
B) To foster high quality audits.
C) To promote investor confidence in the financial statements.
D) To minimize the possibility that external factors will influence auditor's judgements.

Question

Quizplus · Accepted Answer

Achieving consistent auditor regulation is not a goal of auditor independence. It is a goal of regulatory bodies such as the PCAOB to ensure consistent regulation of auditors. The goals of auditor independence are to foster high quality audits, promote investor confidence in the financial statements, and minimize the possibility that external factors will influence the auditor's judgments.

Which of the Following Is Not a Goal of Auditor