1. What are the objectives of an audit of internal control over financial reporting and the content of the auditor’s opinion? 2. In your opinion, to what extent could a lack of auditor independence...

1. What are the objectives of an audit of internal control over financial reporting and the content of the auditor’s opinion?

2. In your opinion, to what extent could a lack of auditor independence affect the auditor’s performance and how this should be expressed in the audit report?

3. What are the characteristics of audit reports in the European countries? How do these differ from reports prepared in the US?