1. What are the reasons for and benefits of the European Commission’s recommendation on auditor independence? 2. How does the EU Directive XXXXXXXXXXrespond to corporate scandals (such as Parmalat and...

1. What are the reasons for and benefits of the European Commission’s recommendation on auditor independence?

2. How does the EU Directive (2005) respond to corporate scandals (such as Parmalat and

Ahold) in the EU?

3. What level of uniformity would be achieved by the European Commission’s directive on auditor independence?

4. What are the detailed provisions of the European Commission directive on auditor independence?

5. Would the European Commission directive on auditor independence prohibit the provision of any additional service to the audit client?