Question 1: Is true auditor independence possible?
Question 2: What kinds of actions, if any, do we take in our organizations to achieve a functional level of auditor independence?
Question 3: Is compliance with Sarbanes-Oxley enough?
Question 4: Or, does SOX go overboard in requiring needless procedures and costs?
Question 5: Would we be better to require less auditing and let the legal system punish deceptive actors?