“The auditor must not only be independent, but must be seen to be independent.” Briefly comment on this statement

QUESTION ONE(a) You have recently been appointed as the external auditor of XYZ Ltd. Explain the stages you would take in the conduct of your audit. (4 marks)(b) In the context of the Companies Act (Cap. 486), outline the procedure for the removal of an auditor. (6 marks)(c) The auditor should obtain sufficient and appropriate audit evidence to be able to draw reasonable conclusions on which to base the audit opinion.

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