1. In the context of compliance with ethical standards in auditing, define the policies and procedures that should be established by audit firms to promote a strong control environment. 2. What are...

1. In the context of compliance with ethical standards in auditing, define the policies and procedures that should be established by audit firms to promote a strong control environment.

2. What are the features of the economics of auditor independence?

3. To what extent can auditor independence affect the quality and credibility of corporate financial statements?

4. What are the reasons affecting the change in attitude of regulators to ethics and the independence of external auditors?

5. In your opinion, to what extent can non-audit services fees compromise auditor independence?