Why do auditors need to be independent?

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1034679

2026-02-14 09:10

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If an auditor works for the company they are auditing (the most obvious case), the likelihood that the audit will be an honest one is slim. Even when they aren't that closely tied, the same goes for auditors that have any similar monetary interests or family ties.

Independent auditors are less likely to be bribed or corrupt.

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