1. What definitions of auditor independence are provided by different capital market regulators and professional bodies (European, US, international)? What are the recent developments in defining...

1. What definitions of auditor independence are provided by different capital market regulators and professional bodies (European, US, international)? What are the recent developments in defining auditor independence?

2. Discuss the effect of the corporate failures of recent years on public confidence in terms of ethics and auditor independence.

3. What are the steps that have been taken by the European Commission, and why have they been taken, to reinforce auditor independence in recent years?

4. What are the objectives and elements discussed in the IFAC Code of Ethics?

5. In your opinion, to what extent can the presence of an audit committee affect auditor independence?