INDEPENDENCE AND OBJECTIVITY - A SINE QUA NON PRINCIPLE IN AUDITING

Abstract

Objectivity is an independent mental attitude that the auditors should maintain in performing engagements. The auditors are not to subordinate their judgment on audit matters to that of others. Objectivity requires the auditors to perform engagements in such a manner that they have an honest belief in their work product and that no significant quality compromises are made. Internal auditors are not to be placed in situations in which they feel unable to make objective professional judgments.

Keywords

• independence
• objectivity
• audit
• team
• professional