Why is independence such important requirement for auditors, Auditing

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Why is independence such important requirement for auditors

Response to the following questions:

1. What is meant by the statement "The agency relationship between absentee owners and managers produces a natural conflict of interest"?

2. Why is independence such an important requirement for auditors? How does independence relate to the agency relationship between owners and managers?

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Auditing: Why is independence such important requirement for auditors

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